Often referred to as the lifeblood of the Philippine economy, the micro, small and medium enterprise (MSME) sector is on the brink of collapse. As of May 2019, 99.56 percent of business establishments in the country were MSMEs, growing in number to 1.42 million from 900,000 in 2017. Of this, 90 percent were microenterprises or those with total assets of less than P3 million and employing less than 10 workers. According to the Department of Trade
The whole island of Luzon has been on “extreme enhanced community quarantine” since March 16. Bringing so many people, businesses, services, transactions, interactions to a standstill is a gargantuan task, never perfected, always painful to the people unused to the extreme and often confusing restrictions. People are taking it one
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