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SMEs IN ASIA FEELING HEAT FROM CRISIS
Small and medium enterprises (SMEs) in developing countries like the Philippines have been hit hard by the global financial crisis because of their smaller capitalization and limited access to credit, according to the International Labor Organization (ILO).
In a study titled, “The Fallout in Asia: Assessing Labor Market Impacts and National Policy Responses to the Global Financial Crisis,” ILO said workers in SMEs, which employ the majority of female and male workers throughout developing Asia, have already felt the brunt of the global financial crisis.
In a study titled, “The Fallout in Asia: Assessing Labor Market Impacts and National Policy Responses to the Global Financial Crisis,” ILO said workers in SMEs, which employ the majority of female and male workers throughout developing Asia, have already felt the brunt of the global financial crisis.
Posted on 19 Feb 2009 by carlos
Eight BRR seminars held under SBC-KFW Project
Eight seminars on "Risk-Based SME Lending" has been held by the Small Business Corporation (SBC) in 2008 across the whole country. They were held in Naga, Baguio, Makati, Cebu, Cagayan de Oro, Tacloban, Davao, Cebu and Makati (2nd time). These seminars focuses on installing a "Borrower Risk Rating" (BRR) system within the bank or cooperative institution. This helps the bank or cooperative to measure, identify, and manage credits risks.
Posted on 17 Aug 2008 by carlos
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