More articles about: SMEs

Financing company Asialink Finance Corporation has secured a P125-million credit line from South Korea's Hana Bank Global to boost its lending capabilities for small businesses in the Philippines, especially those who have no access to traditional banking services. "This breakthrough ...

Financial technology company First Circle has secured P410 million ($7 million) in investment from Washington-headquartered International Finance Corporation (IFC). The capital will allow the fintech to raise funds to expand its loan book for small and medium enterprises (SMEs). For IFC, ...

There is a new lending option that aims to support micro, small, and medium enterprises (MSMEs) in the Philippines, as entrepreneurs continue to struggle to get access to loans. Through its team-up with financial technology solutions provider TrueMoney, the Yuchengco-led ...

Financial technology startup Beppo has acquired online tax platform JuanTax after closing a pre-seed funding round led by Wavemaker Partners. The amount, in which unidentified angel investors pitched in, was not disclosed.The capital also enabled Beppo to acquire five pioneering ...

Let's admit it: The hybrid work setup, which companies have adopted across the world, is no temporary thing. For a lot of workers, it's more convenient to be able to work from home or wherever else they prefer, rather than ...

Four years ago, the pandemic forced millions of companies around the world to shut down, stripping many workers of their lifeline. Since then, a lot of people have turned to starting and growing their own businesses. One reason for this is seemingly ...

More than half of local small and medium enterprises experienced cyber incidents in the last 12 months, costing them as much as P50 million, according to a study presented by tech giant Cisco.In its report entitled Cybersecurity for SMBs: Asia Pacific ...

That the pandemic upended industries is no secret. Many businesses have either shuttered or are still struggling to stem their losses over a year into various levels of quarantine. A new study says, however, that it's not all bad news for ...

The immediate concern for many of our countrymen these days is containment of the virus and nursing the sick back to health. However, the state of the economy is of primary concern, too.As we are now on our third week of ...