E. C. Paz & Associates

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24/05/2021
99.52% of all businesses in the Philippines are MSMEs, small/micro/medium Enterprise which employs 63.19% of our Country...
06/04/2020

99.52% of all businesses in the Philippines are MSMEs, small/micro/medium Enterprise which employs 63.19% of our Country's total workforce, majority of which, as of today has ZERO income and ZERO Employment. Bright minds, Scientists, Policy makers, Govt. and Business Leaders, Kababayan - It's time to share ideas. Some of the Greatest Ideas/Invention were born out of Great Necessity. There has got to be other ways to beat the Virus and somehow keep MSMEs from going under. God Help Us.
https://www.dti.gov.ph/wp-content/uploads/BSMED/2018MSMEStats/MSMEStats_2018_01.png

https://www.dti.gov.ph/wp-content/uploads/BSMED/2018MSMEStats/MSMEStats_2018_04.png

06/04/2020

An appeal (comment from BFRV homeowners):

If I may add, most of MSEs and small business owners are residents of Subdivisions/Villages and majority of them are community based business establishments i.e. in BF Resort Village and in BF Homes, encompassing cities of Las Pinas, Paranaque and Muntinlupa with whole stretch of Aguirre Avenue a commercial zone. Now per our govt., DTI/PSA 2018 MSME stats, We the MSMEs, make up 99.52% of all businesses in the whole Phils as oppose to the 0.48% which comprises the Large "too big to fail" Corporations" of the Taipans and Oligarchs. 20.36% of us MSMEs are based in NCR which is currently under lockdown and hence our businesses Shutdown with zero income. Now, per DTI/PSA 2018 stats, we MSMEs employ 63.19% of our country's total employment vs 36.81% employed by the BIG Corporations. We MSMEs live on day to day operation, we need jobs on a daily basis in order to sustain operation and employment, we don't have huge capital and resources to survive a 2 week Shutdown let alone months of Shutdown. It doesn't take a genius to figure out our economic situation right now, our govt. has all the stats, data and tools needed to implement the right policies, just rules, creative thinking. We MSMEs appreciate any assistance and doleouts short term but inorder to survive and be the driver of our economy, we need Jobs and income. We employ majority of our kababayan. God help us all.

E. C. PAZ & ASSOCIATES* SURVEYORS * ENGINEERS * PLANNERS * CONSULTANTS *
02/12/2019

E. C. PAZ & ASSOCIATES
* SURVEYORS * ENGINEERS * PLANNERS * CONSULTANTS *

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CABARRUS CORNER MONSERRAT
Parañaque
1720

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