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Small and medium-sized enterprises (SMEs) are the backbone of the Philippine economy, accounting for a substantial portion of the country’s employment and economic output. Limited access to financial assistance and options, however, has posed significant challenges for SMEs, hampering their ability to grow, innovate, and seize opportunities. SMEs’ financing hurdles…
Investors are expected to be more cautious this year amid an expected global economic slowdown, but financing for small and medium enterprises will continue despite headwinds.