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President Marcos on Friday urged micro, small and medium enterprises (MSMEs) to embrace digitalization in their businesses to meet changing and growing consumer demands.

The president assures entrepreneurs that the government will streamline existing processes to “make it easier for businesses to thrive and thrive,” in a speech at the tape-cutting of the SME Hub at Savia Financial Center in Taguig City. Did.

Marcos encouraged all MSMEs in the country to take advantage of existing financial support and facilities provided by the government and its partner agencies.

The president said micro, small and medium enterprises could be the engine of inclusive economic growth. He said small businesses accounted for his 99.5% of all establishments in the country.

Read: Increased budget for government aid to MSMEs called for

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