Connect with us

Business and Economy

Mall operators to help MSMEs in Marawi: Trade chief

Published

on

 

The trade chief noted that this support is on top of the Department of Trade and Industry's (DTI) livelihood kit and micro funding program (PNA photo)

The trade chief noted that this support is on top of the Department of Trade and Industry’s (DTI) livelihood kit and micro funding program (PNA photo)

MANILA, July 27— Trade Secretary Ramon Lopez said Thursday that mall operators will help micro, small, and medium enterprises (MSMEs) from Marawi City to get back to business immediately.

In a text message to reporters, Lopez said the country’s leading mall operators, such as SM and Robinsons malls, have agreed to support the affected MSMEs in Marawi by providing them space in their establishments for their products.

“For malls around Marawi or in Mindanao, (they will) allocate space in their malls, say 300 sq. meters, for Maranaw traders who are now evacuees, to get back to business even while the war in Marawi is not yet over,” he said.

“They will still pay the rent but malls can offer a special package while waiving the usual six-month advanced rental and also perhaps discounted lease rates for one year.”

The trade chief noted that this support is on top of the Department of Trade and Industry’s (DTI) livelihood kit and micro funding program, Pondo para sa Pagbabago at Pag-uwi for Maranaw MSMEs, who have evacuated to other parts of the country to escape the ongoing clashes between government troops and a terror group in Marawi City.

“We shall include this as part of our Bangon Marawi programs, to provide market access,” Lopez said. (Kris M. Crismundo/PNA)

 

Continue Reading
Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Maria in Vancouver

Lifestyle3 weeks ago

Dr. David Suzuki’s Legacy: A Celebration at 90

Celebrating Dr. David Suzuki’s 90th birthday on Friday, May 22  was a true privilege and a great pleasure! My husband,...

Lifestyle4 weeks ago

What I Know Now About Motherhood

Did you know that a mother’s cells can live in her child’s body for their entire lives? This fascinating phenomenon...

Headline2 months ago

Age with Audacity

At 25, I imagined life at 50 would mean I’d be past my prime and grumpy.  Little did I know,...

Lifestyle2 months ago

Spring Clean Your Body, Mind and Home

Spring has sprung! This season is perfect for spring cleaning, but why stop at our homes?  We can also rejuvenate...

Lifestyle3 months ago

Hear Us Roar

There is absolutely nothing wrong with a woman who wants her happily ever after. I certainly did. After 21 years...

Lifestyle3 months ago

The Real Rich

Margaret Atwood aptly captured this dynamic with the phrase, “Old money whispers, new money shouts.”  Let me elaborate on this...

Headline4 months ago

Love in the Afternoon of Life

Love in later life—the 50s, 60s, 70s, and beyond—is a thriving, fulfilling reality. It offers companionship, improved well-being, and joy,...

Headline4 months ago

Your Most Important Relationship is With Yourself

Valentine’s Day shouldn’t be celebrated only for one day. Love should be celebrated everyday. Valentine’s Day, when expanded beyond romance,...

Headline5 months ago

The 2016 Trend Made Me Reflect On My Past & Present

Like many others, I couldn’t resist joining the 2016 throwback trend.  It was all over social media, with everyone sharing...

Headline5 months ago

How To Be Healthier Realistically

It’s a brand-new year and a brand new you! If you’re like me who had been indulging quite a bit...