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PRESIDENTIAL COMMUNICATIONS/ALBERT ALCAIN
TRADE Secretary Ramon M. Lopez on Wednesday said micro, small, and medium enterprises (MSMEs) in the country that “fully stopped” operations last year had reached 34.2%.
He said the Trade department started seeing an improvement in October when the number of non-operating MSMEs went down by around 10% and 5% in November.
“‘
po natin ngayong March,
bahagya pang bumaba to about 4.6% (It further decreased by about 4.6% this month),” Mr. Lopez said in a statement.
“
Ibig sabihin mas kaunti na ‘yung nagsara, nagbubukas na ulit ‘yung iba (This means that some MSMEs are now reopening while only a few of them stop operations),” he added.