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DTI's SBCorp OKs P6-B loans for MSMEs - Vimarsana News

DTI's SBCorp OKs P6-B loans for MSMEs

Screengrab from Small Business Corporation website MANILA - The Small Business Corporation (SBCorp), the financing arm of the Department of Trade and Industry (DTI), reported it approved more than PHP5.99 billion worth of loans for small-scale businesses as of end-October. In its website, SBCorp said a total of 36,661 micro, small and medium enterprises (MSMEs) benefitted under the Covid-19 Assistance to Restart Enterprises (CARES) loan program which was funded by the Bayanihan 2. The same loan program also assisted 812 repatriated overseas Filipino workers (OFWs) under the Bayanihan CARES HER...

E-CLIP aids 73 ex-NPA rebels in SoCot - Vimarsana News

E-CLIP aids 73 ex-NPA rebels in SoCot

GENERAL SANTOS CITY - A total of 73 former New People's Army (NPA) rebels in South Cotabato have received various assistance from the government this year through the Enhanced Comprehensive Local Integration Program (E-CLIP). 1st Lt. Krisjuper Andreo Punsalan, civil-military operations officer of the Army's 5th Special Forces Battalion, said Wednesday the recipients were among the rebels who have surrendered since last year in parts of the province. He said the surrenderers included eight indigenous peoples' (IPs) from Lake Sebu town who decided to yield last April after serving as...

E-CLIP aids 73 ex-NPA rebels in SoCot - Vimarsana News

E-CLIP aids 73 ex-NPA rebels in SoCot

GENERAL SANTOS CITY - Seventy-three former New People's Army (NPA) rebels in South Cotabato have received various assistance from the government this year through the Enhanced Comprehensive Local Integration Program (E-CLIP). 1st Lt. Krisjuper Andreo Punsalan, civil-military operations officer of the Army's 5th Special Forces Battalion, said Wednesday the recipients were among the rebels who have surrendered since last year in parts of the province. He said the surrenderers included eight indigenous peoples' (IPs) from Lake Sebu town who decided to yield last April after serving as...

DTI to offer loan to small biz for 13th month pay of workers - Vimarsana News

DTI to offer loan to small biz for 13th month pay of workers

DTI Secretary Ramon Lopez (file photo) MANILA - Small Business (SB) Corp., the financing arm of the Department of Trade and Industry (DTI), is readying a loan program to help micro and small businesses provide employees with their 13th month pay. "Similar to what we did last year, we see no reason to defer the 13th month pay for this year as the government stands ready to support businesses amid the pandemic. We already reached out to SB Corp. to develop a facility that will provide zero-interest loans to companies needing 13th month funding," DTI Secretary Ramon Lopez said in a stat...

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Metro ManilaPhilippines GeneralQuezon CityRamon LopezAssistance To Restart EnterprisesSb CorpSmall Business Sb CorpRestart EnterprisesDti Secretary Ramon Lopez File Photo Manila Small Business Sb Corp He Financing Arm Of The Department Trade And Industry Dti S Readyinga Loan Program To Help Micro And Small Businesses Provide Employees With Their 13th Month Pay Quot Similar What We Did Last YearE See No Reason To Defer The 13th Month Pay For This Year As Government Stands Ready Support Businesses Amid Pandemic We Already Reached Out Sb Corp Developa Facility That Will Provide Zero Interest Loans Companies Needing FundingUot Dti Secretary Ramon Lopez Said Ina Statement Tuesday Sb Corp Is Expecting That Loan Amount Will Range Between Php50000 To Php200000 To Cover 13th Month Pay For Employees Of These Enterprises The Budget This New Lending Facility Will Come From Remaining Allocation Under Bayanihan 2 Given Dti Its Covid 19 Assistance Restart Cares Loan Program Some Php8 Billion Were Allotted Continue Implementation Zero Interest Initiated By But Chief Believes That Business Continuity Is Key Help Thrive Amid Pandemic Lopez Earlier Pushed Opening Businesses At All Alert Levels And Only Adjusting Operating Capacities Quot Bea Shift Open Close System Different Lockdown Bring Back More Economic Activities Jobs Strategy Also Better Chances Meeting Financial Obligations As We Advance Country 39s Vaccination Rollout Move Closer Toa 39 Normal Uot He Said Added This Is Possible In Metro Manila That Has Reached Vaccination Level At 80 Percent Pna