Presidential Communications Operations Office



  PIA Bldg, Visayas Ave, Diliman, Quezon City, Philippines
  Friday, 22 September 2017 News Before 1 Feb 2012. Click for Latest
Web PIA  
 
home
 
about
 
fotos
 
info
 
links
 
ncrr01carr02r03calmimr05r06r07r08r09r10r11r12r13
 << September 2017 >> 
S M T W T F S
1 2
3 4 5 6 7 8 9
10 11 12 13 14 15 16
17 18 19 20 21 22 23
24 25 26 27 28 29 30
Special News Editions:
English.Tagalog.Cebuano
Ilocano.Waray.Hiligaynon
Pangasinan.Other
PIA Specials:
NEW! Cabinet Officials
Jobs.Slides.Specials.Ads. Events.ASEAN.Multimedia
Visitors since 15 Feb 2011:
PIA News Archive:
English.Tagalog.Cebuano
Waray.Hiligaynon.Ilocano
Pangasinan.All
PIA Archive News Reader

PIA Press Release
2008/11/24

SMEs get boost from APEC leaders

by ES Subong

Iloilo (24 November) -- The leaders of the Asia-Pacific Economic Cooperation (APEC), has committed to sustain support for the development of small and medium enterprises (SMEs) as means of addressing the global crisis and strengthening economic growth.

The APEC leaders said they will continue to take actions, work closely in a coordinated and comprehensive manner, to stabilize their respective financial sectors, strengthen economic growth and promote investment and consumption.

They further said that they will also support efforts by export credit agencies, international financing institutions and private banks to ensure that adequate finance is available.

The Philippine government, on the other hand, had been underscoring the importance of SMEs in the fight against poverty even before the global crunch.

President Arroyo had earlier directed the release of 100 billion to microfinance institutions for them to provide financial support to SMEs, which are a key factor in the fulfillment of her vision for the Philippines to attain First World Status in 20 years.

Actions are also being pursued by the Department of Trade and Industry through the Samll and medium enterprise Development Council including the "Go Negosyo" team.

DTI records showed about 11,399 SMEs registered in Western Visayas, employing about 45,805 workers with an investment of P7.8 million. (PIA 6) [top]

|«  prev  next  »|
DAILY NEWS LIST:
»National Biotechnology Week on Nov 24-28 highlights Filipino biotechnology
»Helping to end violence against women is responsibility of all people, UN says
»Lady senator vows to sponsor a bill on womenomics
»NKTI celebrates 25 years of saving lives by honoring partners in service
»Another ASG member seized in Sulu
»APEC countries to continue support for SMEs
»PGMA to bat for labor mobility among APEC countries
»APEC leaders call for early conclusion of Doha Round of Talks
»PGMA orders immediate assistance to flood victims in Cagayan, Isabela
»Charter Change moves begin, end with Congress - Palace
|«  prev  next  »|

Philippine Official Gazette | Office of the President | Presidential Communications Operations Office
For comments and feedback, please email PIA Newsdesk
Copyright © 2005 Philippine Information Agency
PIA Building, Visayas Avenue, Diliman, Quezon City 1101 Philippines