MSMEs
Amid logistics disruptions from the West Asia war, the government announced a ₹497 crore relief package for exporters on Thursday. Named RELIEF, it includes three components enhancing ECGC credit insurance and supporting MSMEs.
Imeripotiwa na AI
GCash hosted the Wais Tindera Caravan in Muntinlupa to provide financial literacy to small business owners. More than a hundred storeowners and aspiring entrepreneurs attended to learn about budgeting, saving, borrowing, and cybersecurity. The program included support from Hapinoy to enhance MSME operations.
The Union Cabinet has approved a six-year Export Promotion Mission worth Rs 25,060 crore to bolster Indian exports facing a 50 per cent US tariff hit. This comes as shipments to the US declined 12 per cent in September. The mission targets key sectors like textiles and engineering goods to sustain jobs and diversify markets.