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Foreign funds in aid of SMEs shrinking

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Lourdes Pineda: Professionalize.  PHOTO FROM RCBC.COM

The global financial crisis put the squeeze on the microfinance sector in the last four years, resulting in a drop in the flow of foreign donor money that allowed lenders to provide cheap financing to small borrowers.

Posted: July 24th, 2013 in Latest Business Stories | Read More »

Thousands of OFWs venture into business—Labor dep’t

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From overseas Filipino workers to entrepreneurs. Many OFWs have started to believe there are better opportunities beyond overseas work as more than 3,700 returning OFWs, including those who were repatriated from troubled countries, have ventured into business in 2012, according to the Department of Labor and Employment.

Posted: December 28th, 2012 in Latest Business Stories | Read More »

SM nets P11 B in 1st half of 2012

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SM Investment Corp. website

SM Investments Corp. grew its first-half net profit by 13 percent year-on-year to P10.9 billion on the back of higher earnings from its banking, retailing, shopping mall and residential property businesses.

Posted: August 14th, 2012 in Latest Business Stories | Read More »

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