The use of digital technologies such as digital payments is rising in the Philippines and has businesses ensure business continuity during the pandemic.
The Bureau of Internal Revenue (BIR) has extended the deadline for registration of online businesses to September 30, 2020.
Fitness centers, internet cafes, other businesses allowed to partially reopen in GCQ areas starting August 1
Starting on August 1, some industries under Category 4 will be allowed to operate in areas under GCQto gradually reopen economic activities.
“MSMEs need our support to adapt to new business models and acquire digital tools and skill if they are to survive the crisis,” said DTI Sec. Ramon Lopez.
Going digital is the key for small businesses to go digital, according to the latest policy of APEC Policy Unit and The Asia Foundation.
RFC launched EasyBusiness not only for MSME to grow and expand their business but also for aspiring entrepreneurs to launch and start their ventures.
As part of government’s goal to help businesses recover, the Small Business (SB) Corporation has released a total of P22 million loans under the CARES program.
The Department of Trade and Industry (DTI) and Tourism (DOT) are eyeing to further easing the operations of hotels, restaurants, and other establishments in GCQ.