The Micro, Small, and Medium Enterprises (MSMEs) industry continues to serve as a resilient pillar of the Philippine economy amid its recovery from the impact of the COVID-19 pandemic, according to Go Negosyo founder Joey Concepcion.
He emphasized that the MSMEs have demonstrated remarkable resilience throughout the pandemic, enduring their hardships and now positioning themselves to seize opportunities during the economic rebound.
Significantly, on May 22, both the Senate and the House of Representatives approved the amendments to the Magna Carta for MSMEs on its third and final reading. These amendments encompass two crucial laws that play a vital role in fostering the development of MSMEs and generating employment opportunities.
