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Philippines

Germany to ink US$20m loan pact to help SMEs

The Philippine government is embarking on a US$20 million loan agreement with the government of Germany this year in a bid to assist potential small- and medium-sized entrepreneurs (SMEs) in the poorest areas in the country. Trade Secretary Juan Santos said...

#international#smes#trade

SULONG loans target set at P310bn in 5 years

The government is targetting a total of P310bn (US$5.7bn) allocation up to 2010 under the SME Unified Lending Program for…


Small Business Corporation and thrift banks to boost lending...

The government-owned Small Business Corporation (SBC) and private thrift banks have pledged to help push forward economic activities in the…


Santos urges SMEs to go into exports

Trade and Industry Secretary Juan B. Santos has urged small- and medium-sized enterprises (SMEs) to maximize their business potential by…


Davao traders to boost support for SMEs

Newly appointed Trade and Industry Secretary Juan Santos is eyeing a strong support system for small- and medium-sized enterprises (SMEs)…

#Boost#Marco Polo#smes


State financing firms to support OTOP programme for SMEs

Government financial institutions (GFIs) involved in the SME Unified Lending Opportunities for National Growth (SULONG) programme will provide financing to…

#bank#financial services#management


Planters Bank expands loan portfolio to P19B this year

The Planters Development Bank (Planters Bank) will be expanding its loan portfolio from over P15 bn last year to P19…


US$25m Philippine pte equity fund launched to bolster SMEs

The government's efforts to support small- and medium-sized enterprises (SMEs) nationwide was bolstered with the launching in Malacanang, the presidential…


PCI Leasing to raise capital

PCI Leasing & Finance Inc. says it will increase its authorised capital stock to P3.42 billion from P1.82 billion. The…


Government earmarks P28bn for SME lending in 2005

The government will set aside up to P28bn in loans for small- and medium-sized enterprises (SMEs) this year, P5bn more…

#bank#funding#guarantee


SMEDC approves P300m SME funding

The Small and Medium Enterprise Development Council (SMEDC), the primary agency involved in the promotion, growth and development of the…

#funding#management#smes


BPI expects weaker year in Philippines; future aim to...

The year 2005 probably won’t be as good as last year for Philippine enterprises, especially with the rising interest rate…

#bank#interest rates#management

Philippine banks provide smaller loans to SMEs in q2

The entire banking system provided smaller amounts for loans to small- and medium-sized enterprises (SMEs) in the second quarter, but…

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