What do micro, small and medium-sized enterprise (MSME) lifelines and the trajectory that the Department of Finance (DOF) wants to take have in common? The guests of the third and final leg of Inquirer Project Rebound’s MSMEs webinar series unanimously agree that both are anchored in financial technology (fintech). For MSMEs, the steady increase of…
Despite an influx of rice imports due to liberalized trade, the Department of Finance (DOF) on Thursday said local farmers’ yields have improved thanks to financing for productivity enhancement programs. “The average yield of palay farmers during the dry season has increased from 3.65 tons per hectare to 4.22 tons per hectare as a result…
High inflation seen persisting throughout the year and vaccine hesitancy may slow the Philippines’ economic recovery, but the government is still confident that rebound from the pandemic-induced recession is just around the corner. In an economic bulletin Monday, Department of Finance (DOF) Undersecretary and chief economist Gil Beltran noted the 20.7-percent growth in total external…