Capiz MSMEs get P2.8-M to bounce back operations

first_imgDuring his State of the Nation Address (SONA), President Rodrigo Duterte reported that the government has pump-primed the recovery and rehabilitation of MSMEs as he expressed optimism that the initiative will help them stabilize and recover from their losses. The DTI is also encouraging Filipinos to patronize local products to help local companies employing local workforce.(PIA Capiz/PN) “The DTI, through the Small Business Corporation, set up the P1-billion COVID-19 Assistance to Restart Enterprises or CARES Program to provide zero-interest loans for MSMEs affected by the pandemic,” Duterte said. “Approved loan applications of MSMEs in Capiz worth P2,830,000.00 are part of the estimated 23,000 loan applications submitted for approval nationwide,” said SBC Pondo Para sa Pagbabago (P3) coordinator Mark Paul Serran, adding that the micro – financing initiative is still part of the government’s P3 program and the intensified efforts to help businesses, MSMEs that were affected by the COVID-19 pandemic bounceback to business. The Bangko Sentral ng Pilipinas and banks operating in the country are also enjoined by President Duterte to provide regulatory relief for the MSMEs and allow loan payment extensions, without incurring penalties and charges. ROXAS City – The Department of Trade and Industry through the Small Business Corporation (SBC) has already approved as of July 28 the loan application of at least 48 Micro, Small and Medium Enterprises (MSMEs) in Capiz. He also requested commercial establishments to give grace periods or allow deferment of payments, especially for MSMEs that were forced to close down during the quarantine period.last_img read more

Wikki Tourists, FC IfeanyiUbah to open 2016 NPFL Super4

first_imgThe final match day will have the fixtures between Rivers United and Wikki Tourists at 5pm while FC IfeanyiUbah and Rangers International will play the closing game at 7pm.Abubakar also noted that all the matches will be played under flood light.“We are continuing with the growing popularity of night games in Enugu and essentially, we are also considering a fans-friendly time when businesses would have closed to encourage huge turnout for the matches”.The NPFL Super4 is an annual pre-season tournament organized by the LMC for clubs participating in Confederation of African Football (CAF) Club competitions in the coming season. It enables the clubs condition their players for the competition as the tournament provides a platform for integration of new and retained players of the clubs as well as enable the Managers put to competitive test their pre-season trainings.Rangers International and Rivers United that finished first and second in the NPFL will represent Nigeria in the CAF Champions League while third placed Wikki Tourists and Federation Cup champions, FC IfeanyiUbah will play in the CAF Confederation Cup.Share this:FacebookRedditTwitterPrintPinterestEmailWhatsAppSkypeLinkedInTumblrPocketTelegram Wikki Tourists and FC IfeanyiUbah have been drawn to play the opening game of the 2016/17 Nigeria Professional Football League (NPFL) which flags off on December 7 at the Nnamdi Azikiwe Stadium in Enugu.According to fixtures released by the League Management Company (LMC), the opening match will kick-off at 5pm with the second fixture between League champions, Rangers International and runners-up, Rivers United starting at 7pm.Abubakar said “on Match Day 2, Rangers International will play Wikki Tourists in the first match starting at 5pm while Rivers United and FC IfeanyiUbah will take to the pitch for the second game of the day”.last_img read more