Last January, the government launched an updated 2022-2028 National Strategy for Financial Inclusion (NSFI), led by the Bangko Sentral ng Pilipinas (BSP). This time, a more comprehensive approach is integrated and a six-year timeframe is adopted. NSFI is focused on achieving its desired outcomes, which include increased access to finance for startups, MSMEs (Micro, Small

SAPCO intensifies commitment to delivery of services in various MSME industry and startup companies as PH’s new financial inclusion focus on these sectors Read More »

Last March 2, 2022, President Rodrigo Duterte signed Republic Act No. 11647, amending Republic Act No. 7042, generally known as the Foreign Investment Act (FIA). This gesture is made to encourage and attract international investors to establish and fully own domestic enterprises in the country for the first time. Due to its relatively stringent foreign

SAPCO offers aid to both local and foreign companies who want to operate in the Philippines in line with the amendment of Foreign Investment Act (FIA) Read More »

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