The Department of Trade and Industry (DTI) is seeking P300 million to provide other means of livelihood for businesses and workers on Boracay island during its six-month closure, which begins on Thursday.

“We will be needing [about] P300 million to be able to do our part in the rehabilitation,” Trade Secretary Ramon Lopez said on the sidelines of the launch of a new initiative for micro, small, and medium enterprises (MSMEs) on Monday.

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