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Micro, Small, and Medium Enterprises (MSMEs) are vital to the Philippine economy, representing 99.5% of registered businesses and contributing approximately 40% to the GDP while generating 66.5% of total employment. The sector faces challenges such as low productivity, limited access to finance, and regulatory hurdles, but also has opportunities for growth through legislative support, strategic partnerships, and innovation. Recommendations for MSMEs include registering with government agencies for benefits,

Author

Carlean Estepa

Language

EN