Financing opportunities for SMITEs

Posted by Blogie on 28 Aug 2007

Amidst political scandals and the growing disillusionment over the present administration, it is a welcome development to see your government at work. One shining example is the Department of Trade & Industry (DTI), in particular that of Region 11. Another public institution that could give this government some much-needed accolades is the Philippine Export-Import Credit Agency (PhilEXIM — officially registered as Trade & Investment Development Corporation of the Philippines).

Recently, PhilEXIM executives held an orientation seminar in Davao City for the benefit of SMEs, particularly small- and medium-sized I.T. enterprises (SMITEs). As does the DTI, PhilEXIM now has a mandate to focus on the development of the country’s I.T. industry. Before anything else, let me just say that the seminar was more than mere talk. The PhilEXIM executives, led by none other than one of the vice-presidents, were all set to start working with Davao companies. •••Read on»



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