As a business owner of an SME, it is important that you are made aware of the most crucial elements in a business loan application. Check out the 5Cs of credit analysis for effective credit risk management process.

What is credit risk management and why is it important in your role as a business owner? Here’s what you need to know.

Micro, small, and medium businesses (MSMEs) are now on the receiving end of more support for growth - thanks to this year’s recent Association of Southeast Asian Nations (ASEAN) Summit! Not only will the ASEAN Business Advisory Council (otherwise known as ABAC) — be providing mentoring opportunities to MSMEs with their ASEAN Mentorship Entrepreneurship Network (AMEN), the nation’s very own President Rodrigo Duterte has also voiced his support for MSMEs.

When planning to apply for a business loan, there are several factors that should be considered before you are able to acquire the finances necessary for your business. These include components that lenders will be eyeing when evaluating your business loan application.

The Philippine construction industry is considered as one the most important sectors that contribute significantly to the country’s GDP; bring in huge amounts of investment and foreign exchange; and generate hundreds of thousands of jobs. Most importantly, the construction industry serves as a critical unit for the country’s domestic infrastructure development.

No one can deny the significant contributions of the construction industry in the establishment and development of the socio-economic structure of the Philippines. Over the period, building projects are largely becoming more complex and clients demand the highest standards of quality. Therefore, adoption of management quality system has now become more of a necessity and not merely a option for construction companies.

A REIT or Real-Estate Investment Trust is an independently registered company, acting as a trust, that owns an income-producing real estate asset. This asset provides returns to the investors, leading to dividends and capital gains as a benefit to shareholders of the REIT company. REITs have a capital structure similar to that of a mutual fund while having a legal form of a trust. It has relaxed taxation liabilities, making it an attractive investment. How is this industry doing in the Philippines?

The Philippine financial economy has grown at a sizzling pace of 6.5% in the second quarter of the year 2017 and has broken the records of the first quarter. What does this mean for SMEs?

Small and medium enterprises (or usually known as SMEs) often play an important role in the growth of developing economies. But what contributions do they make and what challenges are encountered along the way?

Foreign investors and international companies have been employing Philippine’s labor resources for quite some time. These foreign entities have been flourishing and making huge profits by using Philippine manpower; while paying them very low wages. Thus, in order to avoid brain-drain and employ these labors within the country, the government of Philippine has encouraged the creation and development of SMEs by passing Republic Act (RA) 6977 - the Magna Carta for Small Enterprises.