Incentivizing inclusive business models

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In my recent meeting with the Department of Trade and Industry led by Secretary Fred Pascual, we explored how we can incentivize large private corporations to adopt inclusive business models.

In my recent meeting with the Department of Trade and Industry led by Secretary Fred Pascual, we explored how we can incentivize large private corporations to adopt inclusive business models. Our aim is to contribute to driving sustainable and inclusive economic development, with the help of private sector participation in micro, small and medium-sized enterprise programs and activities.

During our discussions with Sec. Fred, private sector involvement emerged as a central theme. We identified key areas for collaboration. One such initiative involves more frequent consultations with the private sector regarding programs and activities of the MSME Development Council, where I serve as Luzon vice chair. This alignment is expected to be instrumental in advancing MSME development.

By fostering inclusive business models, we aim to break down the barriers that often keep smaller enterprises on the fringes. We are dedicated to providing them with a place at the table, enabling them to thrive alongside larger corporations. This inclusivity isn’t just a matter of policy; it’s a commitment to creating an economic ecosystem where every Filipino entrepreneur has a fair shot at success.

Patricia Evangelista was a trauma journalist who worked as a field correspondent for Rappler in Manila during the term of Rodrigo Duterte. She describes herself: By the imprimatur of the civilian authority over the entire military personnel, all men and women of the Armed Forces of the Philippines have been enjoined against using artificial intelligence photo generator applications...

 

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