The government is targetting a total of P310bn (US$5.7bn) allocation up to 2010 under the SME Unified Lending Program for National Growth (SULONG) as the Arroyo administration aims to produce millions of Filipino entrepreneurs by the end of her te
The government-owned Small Business Corporation (SBC) and private thrift banks have pledged to help push forward economic activities in the countryside by providing financial assistance to small- and medium-sized enterprises (SMEs).
Trade and Industry Secretary Juan B. Santos has urged small- and medium-sized enterprises (SMEs) to maximize their business potential by venturing into exports.
Newly appointed Trade and Industry Secretary Juan Santos is eyeing a strong support system for small- and medium-sized enterprises (SMEs) to lure more investments to the country.
Government financial institutions (GFIs) involved in the SME Unified Lending Opportunities for National Growth (SULONG) programme will provide financing to the government's One Town-One Product (OTOP) programme.
The Planters Development Bank (Planters Bank) will be expanding its loan portfolio from over P15 bn last year to P19 bn.
The government's efforts to support small- and medium-sized enterprises (SMEs) nationwide was bolstered with the launching in Malacanang, the presidential office, Thursday of a private sector-initiated US$25m equity fund.
PCI Leasing & Finance Inc. says it will increase its authorised capital stock to P3.42 billion from P1.82 billion.