Corporate honchos list priorities in push for economic inclusion - BusinessMirror

Some of the country’s company officials said the Philippines should focus first on providing capacity to domestic-oriented enterprises such as the micro, small, and medium enterprises (MSMEs) to promote economic inclusion.

Some of the country’s company officials said the Philippines should focus first on providing capacity to domestic-oriented enterprises such as the micro, small, and medium enterprises to promote economic inclusion.

Gonzalez illustrated the situation of small merchants in the country, citing lack of access to information. The ICTSI official emphasized that the country should prioritize how domestic-oriented enterprises run their businesses instead of pouring all the attention into attracting foreign investors. Meanwhile, Rizalina Mantaring, treasurer of Makati Business Club and former CEO and Country Head of Sunlife Philippines, agreed with Gonzalez, saying that MSMEs lack the capacity to do business in the country.

“For the MSMEs, we have to include them in providing digital access. Digitalization of government processes will not just benefit the foreign investors but most especially the MSMEs that will promote economic inclusion,” Canilao said.

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