PRESIDENT-elect Ferdinand "Bongbong" Marcos Jr. and Presidential Adviser for Entrepreneurship Jose Maria "Joey" Concepcion 3rd have agreed to work together to help the country's micro, small and medium enterprises (MSMEs) achieve "inclusive growth." Marcos met Concepcion Wednesday at his headquarters in Mandaluyong City and discussed issues affecting MSMEs, such as health, economy and the impact of the Russia-Ukraine war on small businesses. Concepcion said he and the incoming president agreed that MSMEs will be crucial in the country's path to prosperity. "We both agree that MSMEs should be supported if we are to realize inclusive growth for the Philippines," Concepcion said. Concepcion shared with Marcos how large corporations can include MSMEs in their value chain, allowing them to move up the business ladder.

Source: Manila Times June 17, 2022 10:40 UTC