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...