Due to the pandemic, MSMEs have experienced dwindling sales and closures, both permanent and temporary. According to the Philippine Enterprise Survey conducted by Asian Development Bank, most MSMEs have run out of cash and savings, and may have postponed or cancelled their corporate parties or holiday bonuses to save money. With the COVID-19 crisis, MSMEs are very mindful of their cash flow to ensure the survival of their business. Expressing its understanding of the needs […]