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Effects of the COVID-19 Pandemic on Philippine SMEs

Two years after the COVID-19 pandemic, a clear takeaway is that the Philippines was not, in any way, spared by the global crisis. COVID-19 crippled the Philippine economy. Thousands of businesses closed—with micro, small and medium enterprises (MSMEs) being hit

Business Recovery Strategy: How to Reopen after a Crisis

Business Recovery Strategy: How to Reopen after a Crisis

Signs reading, “Sorry we are temporarily closed,” were not uncommon during the start and peak of the COVID-19 pandemic. A survey showed that roughly 43% of small businesses that temporarily closed their doors were due to the pandemic. Small businesses

How to Fund Your Small Business: SME Loans to Consider

Passion, grit, and patience are essential for entrepreneurs, but these aren’t enough to start a business. Of course, you need the skill to find financing to set your venture in motion. Many small- and medium-sized enterprises (SMEs) tend to put