Business > Top Business
MSME, power co-op losses counted

A TOTAL of 621 micro, small and medium enterprises (MSMEs) have been affected by Severe Tropical Storm Kristine, the Department of Trade and Industry (DTI) reported on Thursday, with initial data on damages said to be worth P77.91 billion.

Acting Trade Secretary Christina Roque gave an assurance the government had set aside P2 billion in funds to allow the MSMEs to recover, with available loans of up to P300,000 for each business owner.

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