Published June 28, 2021, 8:00 AM
Exporters are pushing for the passage of amendments in the Magna Carta for Micro Small and Medium enterprises (MSMEs) to enable SB Corp., the micro lending arm of the government, implement more MSME friendly lending policies.
Sergio Ortiz-Luis Jr., president of the Philippine Exporters Confederation (PhilExport), said at the virtual “BPOs, Exporters and OFWs: How can they bring the dollar income back?” webinar organized by the Management Association of the Philippines that amending the Magna Carta for MSMEs will free up the SB Corp. from the Bangko Sentral ng Pilipinas lending rules.
Philexport president Sergio Ortiz Luis Jr.
Shipping activities in Central Visayas recover in Q1 sunstar.com.ph - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from sunstar.com.ph Daily Mail and Mail on Sunday newspapers.
Garment and furniture exporters joined calls for the government to step in and address the deteriorating shipping and logistics situation in the country.
Robert Young, Philippine Exporters Confederation, Inc. (PHILEXPORT) trustee for the textile sector and president of the Foreign Buyers Associat
SunStar
+ June 06, 2021 MORE exporters and shippers have joined calls for the government to step in and address the current maritime transport issues, including vessel capacity constraints and surging freight prices, which are leading to cargo delays and revenue setbacks.
After the processed food and fresh food exporters, garment and furniture exporters have taken their turn to express frustration and ask for help with the deteriorating container shipping situation in the Philippines.
Robert Young, Philippine Exporters Confederation Inc. (Philexport) trustee for the textile sector and president of the Foreign Buyers Association of the Philippines (Fobap), said the garment industry is incurring millions of dollars in losses due to the supply chain squeeze.
Sulong Pasay, a newly formed non-government organization composed of some of the most prominent and civic leaders in the country, will be launched on Friday (May 4). Mayor Emi Calixto-Rubiano said the new organization was formed to sustain the progress of Pasay City while giving voice to ordinary p