‘Special treatment‘ for MSMEs needed

THE government should prioritize simplifying the process of tax filing and payment for micro, small and medium enterprises (MSMEs) in line with the call issued during the recently concluded APEC Summit for more intensive efforts to help small businesses penetrate the global market, a senator said on Tuesday.

“Kung ang mga APEC attendees at delegates may special lane o treatment, ganun din dapat ang ating mga small entrepreneurs [If the APEC attendees and delegates have special lanes or treatment, small entrepreneurs should have, too]. How we can make the Philippines MSME-friendly should be one of the priorities of the government after APEC as we all aim for inclusive growth,” said Sen. Sonny Angara, chairman of the Senate ways and means committee.