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Tag: bistek bautista

Senatorial bet Herbert Bautista: Loans of up to P100K needed to revive MSMEs

Senatorial bet Herbert Bautista: Loans of up to P100K needed to revive MSMEs

Business, Politics
UniTeam senatorial candidate Herbert “Bistek” Bautista proposed a package of aid to micro, small and medium-scale enterprises (MSMEs) that were battered by the economic impact of the COVID-19 pandemic that could include providing up to P100,000 in loans to each small enterprise that is trying to reopen. “But let’s not give aid without a condition,” said Bautista, citing a similar assistance program for small businesses hit by the pandemic in Japan, Germany and the United States as examples of what the Philippine government can do for local MSMEs. “I’ll give you an example. I’ll give you 100,000 pesos to restart but you should hire those employed with you before,” said Bautista, who is running on a platform of Internet reform, Livelihood for all and Youth development (ILY0 and Pagkai...
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