MSMEs now number over 2 million as of August

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Philippine Star

Louella Desiderio – The Philippine Star September 30, 2021 | 12:00am MANILA, Philippines — The total number of micro, small and medium enterprises (MSMEs) in the country grew to 2.081 million as of end-August despite the COVID-19 pandemic, according to the Department of Trade and Industry (DTI). During the Senate finance committee hearing yesterday, Trade Secretary Ramon Lopez said total MSMEs reached 2.081 million in August based on the consolidation of registered enterprises with local government units nationwide. He said the latest figure is higher than the 1.7 million in 2020 and 1.5 milli…

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