MICRO, small and medium enterprises (MSMEs) play a crucial role in the Philippine economy — comprising 99.5 percent of all registered businesses in the country and providing 65.1 percent of total employment, according to the Department of Trade and Industry (DTI).
The government's Small Business (SB) Corp. has allocated P10 billion in funds to support the 2023-2028 MSME Development Plan. This plan includes the integration of contemporary digital solutions to fortify MSME capabilities, helping them comply with and excel within the rapidly evolving technological landscape.
