Pineda, Arroyo lauded for support to SMEs

  • Written by Bernard Galang
  • Published in Provincial
  • Read: 331

City of San Fernando, Pampanga -- Businessmen lauded Gov. Lilia “Nanay” Pineda and former President and
now Pampanga 2nd District Rep. Gloria Macapagal-Arroyo for their support to the small and medium
entrepreneurs (SMEs).

The Provincial Small and Medium Enterprises Development Council (PSMEDC)-Pampanga led the
convergence of stakeholders in their meeting here the other day which was attended by the
representatives from the Department of Trade and Industry (DTI) and Department of Science and Technology
(DOST), various small and medium business owners, and the provincial government officials. She gave
updates on the current state of the SMEs in the province.
The council pointed out that Pampanga has the most competitive SMEs in Central Luzon based on
the 2017 Cities and Municipalities Competitiveness Index (CMCI) results.
Pineda expressed her continuing support for the local business and confessed that she is
planning for a revamped loaning scheme for SMEs where the provincial government can avoid losses due to
unpaid loans. She also asked for the support of local SMEs, especially the successful ones, on how to
teach ailing SMEs to gain more profit.
Rep. Arroyo, meanwhile, expressed her elation upon learning that some of the SMEs she helped are
blossoming. She also was happy to see the growth of the local entrepreneurs even since her time as
She said that the new branding of Pampanga that the provincial government is currently scheming
will greatly help the SMEs in marketing not only the province but also the products associated with it.