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Oct 14 2020 PCCI proposes rent relief for MSME commercial tenants
A BUSINESS chamber is seeking rent relief for the smaller tenants of malls and commercial buildings, and proposed that they pay a percentage of sales until their businesses have recovered.
The Philippine Chamber of Commerce and Industry (PCCI) is appealing for relief for micro-, small-, and medium-sized enterprises (MSMEs), which it said are experiencing “insurmountable” financial…
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Oct 14 2020 Digital transformation of MSMEs set to accelerate economic recovery
The digitalization of small and medium businesses (SMBs) in the Philippines could add between US$26 to US$28 billion (PHP 1.17 to PHP 1.36 trillion) to the country’s GDP by 2024 and contribute to economic recovery post-COVID-19, according to the 2020 Asia Pacific SMB Digital Maturity Study.
The study, commissioned by Cisco and conducted by International Data Corporation…