Philippines

P3-B fund to support SMEs in 2006

Available funding worth P1 to P3 bn will support the small- and medium-sized enterprises (SME) sector next year. SMEs comprise 99% of the economy.

Francisco R.

LBP’s lending to SMEs up four per cent

LAND Bank of the Philippines (LBP), the single largest lender to SMEs and micro-enterprises, has been extending financial assistance...

ADB approves US$44.4 million for SME development

The Asian Development Bank (ADB) has approved a US$44.4 million assistance package to support the development of small- and medium-sized enterprises (SMEs) in the Philippines.

"The project will help stimulate SME

Export sector aims to achieve US$50 bn in 2006

The Philippine export sector intends to address four key areas to achieve its US$50 billion target revenues for next year

SB Corporation aims to top PhP1 billion in Mindanao MSME lending in 2005

This year, the Small Business Corporation (SB Corporation) aims to surpass the PhP1 billion-mark (US$18m) for its lending to MSMEs in

Philexport loan fund to help Davao small exporters

The state-run Small Business Guarantee and Finance Corporation (SBGFC) is making available

SMEs get US$12m funding boost

The country's programme for the promotion and development of small- and medium-sized enterprises (SMEs) was given a boost

SBC to lend US$35m to MSMEs in South Mindanao province

The state-run Small Business Guarantee Corporation (SBC) will release a loan fund of over P2-billion to micro, small- and medium-sized enterprises (MSMEs) in Southern Mindanao before

San Miguel Corporation joins DBP’s project for SMEs

Food and beverage conglomerate San Miguel Corporation has entered into a partnership with the Development Bank of the Philippines (DBP) to assist in the financial requirements of small- and medium-size enterprises (SMEs

HSBC rolls out e-banking for SMEs

Hong Kong-British banking giant HSBC plc will roll out a new global e-banking platform for small-, medium-sized and middle-market enterprises in the Philippines before the year-end.

HSBCnet, the new banking system, has