{"id":4861,"date":"2022-04-29T09:00:00","date_gmt":"2022-04-29T01:00:00","guid":{"rendered":"https:\/\/blog.ninjavan.co\/en-ph\/?p=4861"},"modified":"2022-12-15T16:14:37","modified_gmt":"2022-12-15T08:14:37","slug":"business-brief-april-29-2022","status":"publish","type":"post","link":"https:\/\/blog.ninjavan.co\/en-ph\/business-brief-april-29-2022\/","title":{"rendered":"Business Brief: Banks See Growing Demand for Business Loans"},"content":{"rendered":"\n

We’re back this week with the most important news covering business and ecommerce.<\/em><\/p>\n\n\n\n

Loan demand to grow this quarter \u2014 BSP survey<\/h2>\n\n\n\n

Banks expect both business and consumer loans to expand in the April to June period backed by the economy\u2019s gradual recovery as mobility restrictions are relaxed.<\/p>\n\n\n\n

The latest Senior Bank Loan Officers\u2019 Survey released by the Bangko Sentral ng Pilipinas (BSP) showed half of respondent banks see growing demand for business loans, based on the modal approach.<\/p>\n\n\n\n

More details on Business World Online<\/a><\/p>\n\n\n\n

Philippines joins four-country pilot on MSME digitalization<\/h2>\n\n\n\n

To bolster the country\u2019s micro, small and medium enterprises\u2019 (MSME) digitalization and ecommerce growth, Digital Pilipinas, the Monetary Authority of Singapore (MAS) and the Department of Trade and Industry-Philippine Trade Training Center (DTI-PTTC) signed a pact for the local launch of the Global SME Financial Education Program<\/strong>. <\/p>\n\n\n\n

\"MAS-DTI<\/figure><\/div>\n\n\n\n

The program will pave the way for the country to be a part of a pilot on digitalization of small scale businesses that\u2019s also happening in India, Ghana, and Singapore.<\/p>\n\n\n\n

Full details on Business Mirror Online<\/a><\/p>\n\n\n\n

PH artificial intelligence industry seen hitting $92 B by 2030<\/h2>\n\n\n\n

The Philippine digital economy is expected to rise exponentially with the artificial intelligence (AI) contributing $92 billion by 2030 on the country\u2019s robust startup ecosystem fueled by young tech savvy population, according to a study.<\/p>\n\n\n\n

In a presentation at the 2nd Quarter General Membership Meeting of the Philippine Exporters Confederation Inc., Trade and Industry Undersecretary Rafaelita M. Aldaba<\/strong> said the 2021 Startup Genome report recognized the Philippines as top 20 global ecosystem in affordable talent.<\/p>\n\n\n\n

Read more on Manila Bulletin Online<\/a><\/p>\n\n\n\n

MSMEs urged to utilize e-commerce space<\/h2>\n\n\n\n

LOCAL micro, small and medium enterprises (MSMEs) need to turn to digital solutions in order to fully utilize the potential of the e-commerce space.<\/p>\n\n\n\n

\"MSMEs
Image from Getty Images<\/a><\/em><\/figcaption><\/figure><\/div>\n\n\n\n

In a webinar organized by cloud logistics platform LOCAD on Tuesday, Department of Trade and Industry-Philippine Trade Training Center Executive Director Nelly Dillera<\/strong> highlighted how e-commerce can help the growth of MSMEs in the country.<\/p>\n\n\n\n

More on The Manila Times<\/a><\/p>\n\n\n\n

Ayala hoping for full revival of mall business by Christmas<\/h2>\n\n\n\n

Ayala malls could return to pre-pandemic shape by Christmas season if no new lockdowns would be imposed for the rest of the year, according to property giant Ayala Land Inc.<\/p>\n\n\n\n

Average foot traffic at Ayala Malls\u00a0rose to as much as 72% of pre-pandemic levels in March before climbing to 78% as of April last week. Meanwhile, merchant sales so far this month have gone up to 8%.<\/p>\n\n\n\n

Read more on PhilStar.com<\/a><\/p>\n\n\n\n

SM Investments looks to grow its ecommerce site<\/h2>\n\n\n\n

SM Investments Corp. will continue to improve its online retail platform,\u00a0SM Market Online<\/a>, even as the company\u2019s malls gain more footfall amid looser COVID-19 restrictions in different parts of the country.<\/p>\n\n\n\n

\"Sm
Image from SMSupermalls.com<\/a><\/em><\/figcaption><\/figure><\/div>\n\n\n\n

The online platform for SM Markets was officially launched in October 2020 amid stricter pandemic restrictions to provide customers with more convenient ways of shopping during the lockdowns.<\/p>\n\n\n\n

More details on Yahoo News<\/a><\/p>\n\n\n\n

Business Insights & ECommerce Tips<\/strong>
The Ninja Van Blog<\/a> provides business insights, industry trends, Marketing and Branding tips, and weekly curated news related to business and ecommerce. Our blog is here to help MSMEs and DTC (direct-to-customer) companies grow their business and reach their brand goals.<\/p>

Subscribe to our Ninja Van blog newsletter by registering below (scroll to the bottom of this page to sign up!). For comments and inquiries, send us an email at ph-commercial-content@ninjavan.c<\/a><\/strong>o<\/strong>.<\/a><\/p><\/blockquote>\n","protected":false},"excerpt":{"rendered":"

Banks are expecting an increase in business and consumer loans this quarter, plus other business and ecommerce news from the last week.<\/p>\n","protected":false},"author":5,"featured_media":4870,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_seopress_robots_primary_cat":"none","_seopress_titles_title":"Business Brief: Banks See Growing Demand for Business Loans","_seopress_titles_desc":"Banks are expecting an increase in business and consumer loans this quarter, plus other business and ecommerce news from the last week.","_seopress_robots_index":"","footnotes":""},"categories":[61],"tags":[352,350,180,351,182,353],"class_list":["post-4861","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-weekly-business-briefs","tag-bsp","tag-business-brief","tag-business-news","tag-dti","tag-ecommerce-news","tag-msmes"],"_links":{"self":[{"href":"https:\/\/blog.ninjavan.co\/en-ph\/wp-json\/wp\/v2\/posts\/4861","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/blog.ninjavan.co\/en-ph\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/blog.ninjavan.co\/en-ph\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/blog.ninjavan.co\/en-ph\/wp-json\/wp\/v2\/users\/5"}],"replies":[{"embeddable":true,"href":"https:\/\/blog.ninjavan.co\/en-ph\/wp-json\/wp\/v2\/comments?post=4861"}],"version-history":[{"count":5,"href":"https:\/\/blog.ninjavan.co\/en-ph\/wp-json\/wp\/v2\/posts\/4861\/revisions"}],"predecessor-version":[{"id":4881,"href":"https:\/\/blog.ninjavan.co\/en-ph\/wp-json\/wp\/v2\/posts\/4861\/revisions\/4881"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/blog.ninjavan.co\/en-ph\/wp-json\/wp\/v2\/media\/4870"}],"wp:attachment":[{"href":"https:\/\/blog.ninjavan.co\/en-ph\/wp-json\/wp\/v2\/media?parent=4861"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/blog.ninjavan.co\/en-ph\/wp-json\/wp\/v2\/categories?post=4861"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/blog.ninjavan.co\/en-ph\/wp-json\/wp\/v2\/tags?post=4861"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}