micro - updates

Rappler's latest stories on micro

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LIPAD Pinay: Women uplifting women through micro-entrepreneurship

Jun 27, 2019 - 2:41 PM

Since its launch in 2017, LIPAD Pinay has engaged over 50 barangay leaders and empowered 160 women micro-entrepreneurs

PRIDE. Beneficiaries of the LIPAD Pinay program proudly selling their merchandise at the Likhang Lokal bazaar in Gateway Mall on June 13, 2019. Photos by Arlan Jay Jondonero/Rappler

Why households, enterprises need micro-insurance

Feb 25, 2019 - 5:45 PM

The government and the private sector are hitting two birds in one stone in the promotion of micro-insurance: disaster-preparedness and financial inclusion

Students take part in a march for the environment and the climate organised by students, in Brussels, on February 21, 2019. (Photo by EMMANUEL DUNAND / AFP)

China used tiny chips on U.S. computers to steal secrets – report

Oct 05, 2018 - 1:11 PM

The Bloomberg News report says the chips, the size of a grain of rice, were used on equipment made for Amazon, which first alerted US authorities, and Apple, and possibly for other companies and government agencies

EU's data rules may push improvements in PH cybersecurity – Trend Micro

Jun 19, 2018 - 3:21 PM

Any business that will involve EU citizens must comply with the EU's General Data Protection Regulation, spurring Philippine companies to improve practices, says Trend Micro

Senate OKs bill on small businesses' better access to financing

May 28, 2018 - 5:50 PM

The proposed Personal Property Security Act seeks to expand the list of assets acceptable to banks as collateral, among others

Ayala-led IMI's net income rises by 21% in acquisition-filled 2017

Feb 07, 2018 - 3:45 PM

The global manufacturer's revenue is also up $1.09 billion for 2017, with two major European acquisitions bringing in a combined $193.9 million

UnionBank sets out to hack PH banking with digital transformation

Dec 14, 2017 - 4:59 PM

UnionBank’s ongoing digital transformation involves a complete overhaul of its technology processes and work culture

How to get your micro business tax exempted

Dec 06, 2017 - 5:26 PM

Do you own a micro business or interested starting one soon? Apply for BMBE accreditation and enjoy its benefits.

MSMEs must benefit from free trade, Robredo tells ASEAN businessmen

Nov 14, 2017 - 7:20 PM

Vice President Leni Robredo says technology is a 'wild card' that both rich and poor countries must learn to decode to help small-scale entrepreneurs

INCLUSIVE GROWTH. Vice President Leni Robredo speaks at the ASEAN Business and Investment Summit on November 14. Photo by Angie de Silva/Rappler

Duterte to pour 'billions of pesos' into funding for MSMEs

Nov 12, 2017 - 9:00 PM

'Maybe P50 billion each is okay?' the Philippine president asks before an audience of diplomats and businessmen from all over Southeast Asia

IMI hits net income of $24.1M for first 9 months of 2017

Nov 03, 2017 - 7:42 PM

The manufacturing arm of the Ayala group sees its two recent acquisitions contribute a combined $136.2 million in revenues

BSP lowers risk weighting for loans to boost MSMEs

Nov 03, 2017 - 4:32 PM

‘The policy intends to facilitate the increased flow of funds to MSMEs that will translate to the further growth of the sector and of the domestic economy,' says the Bangko Sentral ng Pilipinas

Digital small loans lending platform pera247 launched in PH

Nov 01, 2017 - 7:41 PM

Pera 247 is a mobile app-based lending platform that provides micro-loans for up to 90 days to the country’s unbanked population without the need for collateral or existing credit history

BPI launches microfinance bank to target underserved entrepreneurs

Jul 25, 2017 - 7:55 PM

The new microfinance subsidiary called BPI Direct BanKo has a network of 24 branches across the country with 100 branches targeted by the end of 2017

Ayala acquires German auto parts manufacturer

Jun 05, 2017 - 5:05 PM

The P1 49 billion investment is part of AC Industrials expansion spree

How Diwata-2 is better than PH's first satellite, Diwata-1

Jun 05, 2017 - 12:40 PM

Ariston Gonzalez a Diwata 1 engineer reveals that the Diwata 2 project slated for deployment in Q2 2018 is running on time

DIWATA-1. The Philippines' first micro-satellite and its shipment box at JAXA's 'Clean Room' in Tsukuba City, Japan. Photo by Edd K. Usman/Rappler

12 ASEAN brands that have gone global

Apr 24, 2017 - 10:00 AM

Some familiar brands in the Southeast Asian region are making their mark around the world

GOING GLOBAL. Take a look at some the regional brands that now have a global presence.

Ayala’s IMI acquires British electronics manufacturer STI

Apr 07, 2017 - 4:32 PM

The deal marks the entry of Ayala’s manufacturing arm into the aerospace and defense industries and expands its manufacturing footprint into the United Kingdom

YEBC 2017: PH youth urged to go into business

Mar 23, 2017 - 3:08 PM

We focus on entrepreneurship because we need to in order to develop our country Senator Bam Aquino tells students at the Youth Entrepreneurship Boot Camp

INDUSTRY LEADER. World-renowned industrial designer Kenneth Cobonpue (3rd from left) is presented the Integrity Leadership Award. Photo by David Lozada/ Rappler

News Briefs: February 27, 2017

Feb 27, 2017 - 11:55 AM

Stories from across the Philippines on Monday February 27

Duterte calls on ASEAN to help small businesses, empower women

Jan 25, 2017 - 9:53 AM

The President invites entrepreneurs businessmen and investors to attend 9 business related fora to be held in the Philippines this year as part of ASEAN 2017

FUELLING ASEAN GROWTH. President Rodrigo Duterte is assisted by Trade Secretary Ramon Lopez as he launches the Association of Southeast Asian Nations (ASEAN) 2017 Business and Investment Program at Malacañang Palace on January 24, 2017. Photo by King Rodriguez/Presidential Photo

DTI seeks to stop '5-6' lending

Dec 05, 2016 - 1:15 AM

Starting 2017 the government will set aside P1 billion for lending to micro and small enterprises

ABOLISH 5-6. Trade Secretary Ramon Lopez vows to kill exorbitant '5-6' lending scheme. Photo by ALBERT ALCAIN/PPD

Ayala-led IMI to open Serbia plant in 2018

Nov 29, 2016 - 4:53 PM

IMI says it eyes to commence production in 2018

NEW MARKET. This was after Serbia's economy ministry announced in August that IMI plans to build a $33.9-million plant, which is seen to start construction next year. Rappler file photo

Duterte: 'PH is open for business'

Sep 10, 2016 - 1:33 PM

President Rodrigo Duterte recounts telling businessmen in Laos that his administration will do its part in providing the enabling environment for businesses to thrive and prosper

'OPEN FOR BUSINESS.' President Rodrigo Duterte addresses business leaders at the 13th ASEAN Business and Investment Summit in Vientiane, Laos on September 6. Photo by King Rodriguez/PPD

Loans for MSMEs rise to P459.48 billion in Q1 2016

Jul 18, 2016 - 9:30 PM

Despite the increase total loans for MSMEs still fall slightly short of the 10 target set by the government

PH seeks to expand insurance coverage for the poor

Jul 14, 2016 - 3:15 PM

That micro insurance coverage has grown from covering 3 million people to around 31 million in such a short time is a big phenomenon says DOF Undersecretary Gil Beltran

National ID to benefit unemployed, unbanked Filipinos

May 24, 2016 - 7:07 PM

The majority of unbanked Filipinos are unemployed A national ID would remove a key barrier to opening a bank account that would allow them to fully enjoy financial technology

PH microsatellite Diwata-1 launched into space

Apr 27, 2016 - 2:23 PM

3rd UPDATE Diwata 1 the Philippines first microsatellite is deployed into space to start its mission to be the country s eye in the sky

The microsatellite Diwata-1 being deployed into space. Photo courtesy ESA/Astronaut Tim Peake/Twitter

PLDT targets to link 1,500 MSMEs to supply chain

Apr 13, 2016 - 5:06 PM

At TechIsland 3 0 Silicon Valley veterans and industry leaders will talk about conquering new territories through different technology tools and mindsets that are apt for today s dynamic landscape

INCLUSIVE GROWTH. PLDT cites own initiative to help small players to the supply chain. File photo from Rappler

Comelec data leak puts Filipino voters 'at risk' – Trend Micro

Apr 08, 2016 - 9:05 PM

Supporting Rappler s initial findings the international Internet security company’s own probe reveals that a huge amount of sensitive personal information was in the files leaked by the Comelec website hackers

PH microsatellite Diwata-1 reaches Int'l Space Station

Mar 27, 2016 - 8:10 AM

The unmanned space freighter Cygnus carrying the Diwata 1 microsatellite in its payload of experiments and supplies successfully docks at the International Space Station

ARRIVAL. A computer overlay with engineering data provides video of the Canadarm2 robotic arm maneuvering to capture the Orbital ATK Cygnus space freighter. Credit: NASA TV

Excitement, hope as PH launches own microsatellite

Mar 23, 2016 - 3:55 PM

After a successful launch into space the Philippines now looks forward to the deployment of its first microsatellite Diwata 1

The Atlas V rocket lifts off. Image courtesy NASA

PH microsatellite Diwata-1 heads to Int'l Space Station

Mar 23, 2016 - 11:11 AM

The Philippines first ever homegrown microsatellite the Diwata 1 sets off for the International Space Station aboard the Cygnus resupply mission

LIFTOFF. The Atlas V rocket, carrying the Cygnus resupply mission, lifts off from Cape Canaveral, Florida, March 22, 2016. Frame grab courtesy NASA TV

WATCH: Cygnus sets off for ISS with PH microsatellite Diwata-I

Mar 23, 2016 - 10:17 AM

UPDATED NASA partner Orbital ATK sent its Cygnus cargo ship to the International Space Station with it the Philippines first microsatellite the Diwata I in its payload

The Atlas V rocket lifts off. Image courtesy NASA

Philippine microsatellite Diwata-I set for launch

Mar 22, 2016 - 9:46 PM

The Diwata I microsatellite is set to be brought to the International Space Station ISS on Wednesday morning March 23 Manila time

HELLO, DIWATA! Diwata 1, the first Filipino-made microsatellite, is surrounded by Filipino and Japanese scientists in this photo during its turnover to the Japan Aerospace Exploration Agency (JAXA), January 13, 2016. Photo courtesy Department of Science and Technology

Xurpas acquires stake in Chinese HR firm

Mar 09, 2016 - 4:29 PM

The deal marks Xurpas’ entry into the lucrative Chinese market and allows its existing tech based HR benefits unit to broaden its scope to employees there

China's HNA snaps up US tech firm Ingram Micro for $6 billion

Feb 18, 2016 - 6:28 PM

HNA will pay the enormous figure for Ingram Micro making it among the top ten most valuable overseas acquisitions ever made by a Chinese company according to data from research firm Dealogic

INGRAM MICRO ACQUISITION. HNA pays $6 billion in cash for the company. Background Image from Ingram Micro.

Agency banking: Bringing financial services to rural areas

Feb 15, 2016 - 12:00 PM

Agency banking is sweeping across Africa and Latin America Can it revolutionize rural finance in the Philippines?

How will Philippine MSMEs fare in 2016?

Jan 16, 2016 - 10:13 AM

The conditions to grow are already in place but it is up to micro small and medium enterprises to seize the opportunities

From Basket Case. Gigi Phua-Lim, an entrepreneur who started as an art collector, talks to customer in her booth at the IMC. She hopes to promote Filipino artists and hopefully foreign artists through the reproduction of their works on everyday wear. Photo by Pat Nabong/Rappler

One giant leap: PH microsatellite a step closer to launch

Jan 13, 2016 - 4:02 PM

The Philippines Diwata micro satellite is formally handed to the Japan Aerospace Exploration Agency JAXA in preparation for a launch into space by April

HELLO, DIWATA! Diwata 1, the first Filipino-made microsatellite, is surrounded by Filipino and Japanese scientists in this photo during its turnover to the Japan Aerospace Exploration Agency (JAXA), January 13, 2016. Photo courtesy Department of Science and Technology

BSP expands scope of micro-banking offices

Jan 05, 2016 - 6:46 PM

11 of 19 previously unbanked municipalities in the country gained banking presence because of micro banking offices the Bangko Sentral ng Pilipinas says

EXPANDED SCOPE. Under the new issuance, micro-banking offices would now be allowed to complete the process of account opening from application up to the acceptance of initial deposit, provided that the necessary controls are in place, the Bangko Sentral ng Pilipinas says Tuesday, January 5.

New trade chief Cristobal: DTI will work 'beyond administrations'

Jan 04, 2016 - 10:25 PM

For newly appointed Trade Secretary Adrian Cristobal Jr too little time is not a reason for the agency to just coast along

TOO LITTLE TIME. New DTI Secretary Cristobal tells colleagues: 'Some may think there is too little time to try anything new, new ideas and approaches. That is not the DTI way.' Photo by DTI

N. Mindanao MSMEs should get halal certification – DTI

Dec 12, 2015 - 12:41 PM

Region 10 or Northern Mindanao has the third highest production volume for poultry in the country and is the only one outside Luzon

ASEAN MARKET. DTI says for Northern Mindanao food products to be competitive in the growing market, MSMEs must aim for the Halal certification. Photo by Pat Nabong/Rappler

Globe launches online bazaar DigiMall for MSMEs

Dec 09, 2015 - 8:20 PM

Globe says the only way for micro small and medium enterprises to compete is through digitization

ONLINE BAZAAR. This Christmas season, Globe myBusiness, in partnership with e-commerce platform Shopify, introduces online bazaar DigiMall for MSMEs. Photos from Globe Corp Comm

Key lessons from APEC 2015

Nov 25, 2015 - 1:42 PM

It s learning about inclusive growth and ensuring it benefits the majority

LESSONS LEARNED. A delegate to the APEC SME Summit on November 17, 2015 shares his lessons learned from the event, and what Filipinos should look forward to post-APEC. Photo by Rob Reyes/Rappler

Josette Sheeran on the 'APEC divide' from both extremes

Nov 21, 2015 - 10:25 AM

UPDATED The former head of the World Food Programme and vice chairman of the World Economic Forum provides an insight into the relevance of high level summits like APEC

IMF to APEC leaders: Trade growth a disappointment

Nov 20, 2015 - 2:51 PM

The International Monetary Fund says the solution is to help small businesses enter global markets

GROWTH ISSUES. Asia-Pacific Economic Cooperation (APEC) 2015 chairman President Benigno Aquino III (left) huddles with (clockwise from Aquino's left): Republic of Chile President Michelle Bachelet; Independent State of Papua New Guinea Prime Minister Peter O'Neill; United Mexican States President Enrique Peña Nieto; United States of America President Barack Obama; and Canadian Prime Minister Justin Trudeau. These APEC leaders are told by the International Monetary Fund that growth has been disappointing in the region. Photo by Gil Nartea / Malacañang Photo Bureau

APEC leaders: Intensify efforts for MSMEs, embrace digital economy

Nov 19, 2015 - 9:11 PM

APEC leaders reiterate actions laid out in the Boracay Action Agenda to globalize MSMEs and report progress by 2020

From Basket Case. One of Basket Case's bags that showcase a Filipino painting. Founder Gigi Phua-Lim sells the bags at reasonable prices to make art accessible to the public. Photo by Pat Nabong/Rappler

IN PHOTOS: MSMEs showcased at APEC's Int'l Media Center

Nov 19, 2015 - 2:47 PM

Philippine based micro small and medium enterprises feature culture history versatility in their craftsmanship

From Expo Mandaue. A 1959 Porsche convertible (not for sale) hand-made with coconut twigs and ratan encased in fiber glass is displayed at Expo Mandaue in the IMC. It was designed by Clayton Togonon. Photo by Pat Nabong/Rappler

Is Trans-Pacific Partnership friendly to small businesses?

Nov 19, 2015 - 6:43 AM

New Zealand and Hong Kong s leaders also weigh in on a trade deal for the region while China pushes for the FTAAP