Marcos calls for revitalization of MSMEs in Apec meet

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Marcos calls for revitalization of MSMEs in Apec meet
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President Ferdinand Marcos Jr. expressed deep concern about the issues hounding micro, small, and medium enterprises and called for the revitalization of the sector amid the COVID-19 pandemic and digitalization age. | DFernandezINQ

During the 29th Asia Pacific Economic Cooperation Economic Leaders’ Meeting Retreat Session, Marcos said MSME revitalization is among his administration’s top priorities.“They continue to face systemic problems and structural challenges, heightened by the pandemic. MSMEs need opportunities and assistance to recover, to grow, and to progress in the post-pandemic and digital age,” he said during session.

“This is in addition to facing complex challenges that going digital presents such as data privacy [and] cybersecurity issues, lack of digital infrastructure, digital fraud, online consumer protection concerns, digital inclusion and access to finance, and the persisting digital divide, among others,” he added.

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