MANILA, Philippines – A forum to boost the capacity of small- and medium- enterprises (SMEs) to contribute more to economic growth will be held this week.

The event themed “Harnessing the Capacity of SMEs as Engines of Growth” is sponsored by state-run think tank Philippine Institute for Development Studies (PIDS) and University of Southeastern Philippines at the latter’s campus in Davao City.

It would focus on the critical policies and programs to assist SMEs develop their capacity to become sustainable engines of growth and enhance their resilience to economic, sociopolitical, and environmental risks.

Two major research studies will be presented by PIDS senior research fellows Dr. Erlinda Medalla and Dr. Sonny Domingo during the forum.

In “assessment of DTI’s shared services facilities,” Medalla would speak about SME development in the Philippines and the shared services facilities (SSF) program of the Department of Trade and Industry (DTI).

The SSF project is a strategy employed by the DTI beginning in 2013 to improve the competitiveness of micro, small and medium enterprises (MSMEs) through the provision of machinery, equipment, and skills on a shared basis.

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