NEWS & ARTICLES

In a column entitled “The journey of MSMEs: Are we there yet?,” I discussed the challenges that MSMEs — Micro, Small and Medium Enterprises — face in their entrepreneurial journey and proposed recommendations for policy makers. This follow-up will focus on Women-owned/led MSMEs (WMSMEs). On...

I am so happy to have met an enlightened civil servant who shared his insights about climate change. After all, he is a Commissioner of the Climate Change Commission. Albert dela Cruz, Sr. is so interested in sharing his sci-entific explanations for climate adaptation. He...

Many economists think of scale and clustering as the only way to be food secure. Entrepreneurs tend to think differently. I was recently in Batanes where they seem to have no issues about food security. It is because they learned to deal with the scarcity...

When I learned that Sablayan, Mindoro Occidental was the site of the Sablayan Prisons and Penal Farm (SPPF), the Philippines’ largest penal colony with a sprawling 16,190 square meters, I promised myself that I would help, even in some small way, some of the 1,800+...

In recent years, the Philippines has been undergoing an extensive overhaul of its tax system. One such law is the CREATE Act, which was passed in 2021. Under CREATE (the Corporate Recovery and Tax Incentives for Enterprises Act), the corporate income tax was lowered, and...

One of the essential skills that small and medium enterprises (SMEs) need to master in order to survive growing pains is the strategic use of the financial tools available to them. Beyond the day-to-day management of expenses and business revenue, SMEs are faced with the pressure...

It being Women’s Month this March, we at the Management Association of the Philippines (MAP) are happy we now have a diverse Board of Governors, with not just a few women but almost an even number of men and women serving on the board. At...

Micro, small and medium enterprises, commonly referred to as MSMEs, contribute significantly to the economy and job creation and are thus critical to economic development. These enterprises accounted for 99% of business establishments and 65% of employment in the country in 2022. Further, MSMEs generate...

Supply chain woes of SMEs NATHAN DUMLAO-UNSPLASH I had recently been in touch with women coffee farmers from Mindanao and they all had the same issues about logistics. From the rugged road of their town to Davao City, a small farmer is at a loss on...