PBBM pushes for PPP-style system to aid start-up biz, MSMEs

By Gabriela Baron

President Ferdinand R. Marcos on Sunday, Oct. 23, stressed anew the need for a public-private partnership (PPP)-style system to assist start-ups and micro, small, and medium enterprises (MSMEs) in growing their businesses.

The President said the Department of Trade and Industry (DTI) should come up with a system that will connect start-up businesses and MSMEs with private financiers and investors to help them sustain and grow their business.

“We should be ready to bring our support one step further. There should be a support system to assist start-ups and our MSMEs by opening doors to new connections, get them to the digital world to help them connect with private companies for support,” he pointed out during a situation briefing by DTI’s Western Visayas regional office in Bacolod City.

The Chief Executive urged the DTI to ramp up efforts to introduce new businesses to the public to encourage interested start-up businesses and MSMEs to join.

“Make people aware of these businesses kasi maraming magaganda so that we can find people to partner with them,” he said.

Popular

PCG command post in Kalayaan Island now activated

By Brian Campued To commemorate the 84th Day of Valor on Thursday, the Philippine Coast Guard (PCG) officially activated its Coast Guard District Kalayaan Island...

PBBM hails pause in Middle East conflict; bolsters collab with private sector amid energy emergency

By Dean Aubrey Caratiquet On the heels of a reported two-week ceasefire between the United States and Iran, the Philippines welcomed the development as an...

PSA hails significant gains in PH domestic labor market

By Dean Aubrey Caratiquet After unveiling figures on the country’s inflation rate for March 2026, the Philippine Statistics Authority (PSA) shared the numbers outlining the...

PCO to fake news peddlers: We will not let you get away

By Brian Campued “We will not let you get away with a crime. We will go after you and hold you to account.” This was the...