SB Corp. starts accepting COVID-19 loan applications from small firms in GCQ areas
Robie de Guzman • May 19, 2020 • 814
MANILA, Philippines – Small Business Corporation (SB Corp.) has started accepting loan applications from micro and small enterprises in areas that have transitioned to general community quarantine (GCQ) , the Department of Trade and Industry (DTI) announced Monday.
In a statement, the DTI said the application for the COVID-19 Assistance to Restart Enterprises (CARES) program for businesses affected by the public health crisis began on May 18.
Under the SB Corp.’s CARES program, micro and small enterprises operating for at least a year prior to March 16 and assets not exceeding P15 million are eligible to apply.
The SB Corporation, an attached agency of the DTI, said the P1 billion loan program will help cushion the economic impact brought about by the pandemic.
Micro enterprises with asset size not exceeding P3 million may borrow an amount ranging from P10,000 to P200,000, while small enterprises with asset size of not more than P15 million may borrow loan amount not exceeding P500,000.
The loan shall be used to help the enterprise stabilize or recover from its losses.
The DTI said that specifically, small businesses may take out loans to keep their loan amortizations up to date for vehicle loans or other fixed asset loans of the business; replacing inventory for damaged perishable stocks; and to acquire working capital replacement to restart the business.
Interest rate shall be at 0.5% per month (discounted basis); and grace period of 6 months on principal payments.
Loan applicants may visit the SB Corporation’s website www.sbgfc.org.ph for the application form and submit the same, with the requirements, to the nearest SB Corporation office or Negosyo Center in areas under GCQ and modified GCQ.
The SB Corp. reminded applicants that strict workplace safety protocols will be observed and walk-in clients will be required to wear face masks and practice social distancing.
MANILA, Philippines – Simula sa Oktubre 1 ay ipatutupad na sa probinsiya ng Bataan ang ‘no QR code, no entry’ policy bilang bahagi ng pinaigting na contact tracing efforts sa gitna ng COVID-19 pandemic.
Ayon kay Bataan Governor Albert Garcia, ang QR code ang magsisilbing pass ng mga nais pumasok sa lalawigan at ipi-prisinta ito sa checkpoints o entry points sa lugar.
Sinabi ni Garcia na layunin ng sistemang ito na mapabilis ang prosesong pinagdaraanan ng mga mga pauwing overseas Filipino workers (OFW), locally-stranded individuals (LSI) at authorized persons outside of residence (APOR).
Para makakuha ng QR code, kailangang i-download ang get-pass application mula sa Google play at app store.
Mag-sign up sa app sa pamamagitan ng pagsagot sa declaration form, pindutin ang calendar at pumunta sa travel authorization section upang sagutan ang mga tanong ukol sa travel appointment.
May ilalabas itong QR code na naglalaman ng petsa ng pagbiyahe at appointment number na maaaring i-save o iprint.
Sa araw ng biyahe, dalhin ang printed na QR code kasama ang valid identification card at certificate of employment na ipapakita sa entry points papasok sa Bataan.
Ayon kay Garcia, nagsasagawa na sila ng dry run para maihanda ang mga magbabantay sa checkpoints at iba ang ahensiyang otorisadong mag-monitor ng QR code system gamit ang get-pass mobile application.
Nanawagan rin ang gubernador sa publiko na makipagtulungan at sundin ang sistema upang maiwasan ang posibleng pagkalat ng COVID-19 sa lalawigan. – RRD (mula sa ulat ni Correspondent Leslie Huidem)
The global tally of coronavirus disease (COVID-19) cases has breached the 30 million mark with the United States (US) still recording the highest number of cases.
According to the recent report of the Center for Systems Science and Engineering (CSSE) at the John Hopkins University, the number of global cases rose to 30,065,728 with 944,604 deaths and 20,423,802.
COVID-19 cases in the U.S peaked at 6,674,070, as of Thursday (September 17). Recording the second highest number is India with 5,118,253 followed by Brazil which recorded 4,455,386 confirmed COVID-19 cases. Russia and Peru tallied at 1,081,152 and 744,400, respectively.
Meanwhile, the Philippines has recorded over 276,000 confirmed COVID-19 cases with 208,000 recoveries and 4,700 deaths.
Malacañang assured that President Rodrigo Duterte will extend the declaration of a state of calamity in the county to allow local governments access to sufficient funds for their COVID-19 response. AAC
MANILA, Philippines – The government of the United States on Thursday donated hygiene kits and handwashing stations to the city government of Manila in support of the Philippine capital’s fight against the coronavirus disease (COVID-19) pandemic.
In a statement, US Ambassador Sung Kim said he visited the Delpan Quarantine Facility in Tondo to handover 5,000 hygiene kits and 16 handwashing stations to Manila Mayor Francisco “Isko Moreno” Domagoso.
Kim said the hygiene kits could provide additional protection against COVID-19 through the provision of items essential to practicing good personal hygiene.
The kits contain face masks, soap, laundry detergent, dishwashing liquid, and toothbrushes.
“The U.S. government is a friend, partner, and ally of the Manileños in facing this pandemic. The American people are pleased to support the City of Manila’s efforts to fight COVID-19,” Kim said.
To complement the donation, the U.S. Agency for International Development (USAID) said it will continue to collaborate with the Manila City Health Office to help ensure that citizens can access quality tuberculosis services during the pandemic as well as to support the rollout of the Department of Health’s “Coordinated Operations to Defeat Epidemic (CODE)” strategy to contain the pandemic.
USAID recently donated two ventilators to the Tondo Medical Center as part of the 100 ventilators that the U.S. government handed over last August 28 to the Philippine government.
To date, the U.S. government has donated over P1 billion ($22.6 million) to support the Philippines’ COVID-19 response.
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