Connect with us

Hi, what are you looking for?

Economy

DTI and SM urge Filipinos to Buy Local, Support Local this Christmas

In this season of giving, what better way to share but by gifting locally made products by micro, small and medium enterprises (MSMEs), whether sweet treats, artisanal products, apparel, home decorations, or other keepsakes. By doing this, we not only keep our heritage alive while promoting local craftsmanship and delicacies, through our support for local goods, we also help businesses bounce back.

In partnership with the Department of Trade and Industry’s (DTI) Buy Local, Support Local campaign, SM is providing MSMEs a way to sell their products through the SM Christmas Markets. The SM Christmas Markets will simultaneously happen in 54 malls nationwide, featuring around 300 MSME participants from nearby communities, DTI partners, tenants of SM Supermalls, and supplier partners of Kultura. Buy Local, Support Local is a national campaign that aims to boost demand for Philippine-made products, particularly those from small businesses. SM Christmas Markets will run from November 9, 2020 to January 3, 2021.

 

SM Christmas Markets is a nationwide campaign in support of MSMEs. This is implemented in all SM Supermalls nationwide in partnership with the Department of Trade and Industry.

 

DTI Secretary Ramon Lopez, SM Supermalls President Steven Tan, and SM Retail President Chito Manalo personally visited the MSME participants of the SM Christmas Markets at Megamall. During a short program, DTI Sec. Lopez emphasized the role of MSMEs as the backbone of our economy as well as the sector mostly imperiled by the pandemic. “Filipinos should prioritize buying local products to help the economy recover from the coronavirus pandemic. Only with this can we truly reopen and restart our economy,” said DTI Sec. Lopez.

According to Steven Tan, SM will carry on its mission to support MSMEs and showcase Filipino ingenuity.

 

“We are committed to working hand in hand with our MSME partners alongside government, and private sectors to provide an environment that will enable MSMEs to quickly adapt and recover,” said Steven Tan, President SM Supermalls. “When the pandemic struck in March this year, we waived rental fees in the malls and provided financial relief to our suppliers. We partnered with jeepney and tricycle drivers to deliver goods, and we continue to do everything we can for the businesses and people that rely on SM,” Steven added.

 

As MSMEs are the backbone of the economy, they are also the backbone of SM shared Chito Manalo, President of SM Retail Inc.

 

“As MSMEs are the backbone of the economy, they are also the backbone of our business, that is why we made it a mission to support MSMEs, even before the pandemic, during the ECQ, and now as we kickstart the economy,” said Chito Manalo, President of SM Retail. “SM has a wide range of MSME partners from farming to artisan communities, from local manufacturers to shop owners, from food kiosks to restaurant owners, making SM a community, a marketplace, and partner to MSMEs,” said Chito.

Visit the SM Christmas Market at an SM mall near you to help MSMEs bounce back stronger.

 

SM traces its roots from a small shoe store put up in downtown Manila during the late 1950s so its affinity with MSMEs comes naturally. Some of its MSME partners started as homegrown businesses. As SM grew, a longstanding partnership has evolved beyond being a business transaction into an enabling community where MSMEs are nurtured in SM stores, malls, and other business ventures. 

For more updates and announcements, visit www.smsupermalls.com or social media pages of the SM mall near you.

Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Get the daily email that makes reading the news actually enjoyable. Stay informed and entertained, for free.
Your information is secure and your privacy is protected. By opting in you agree to receive emails from us. Remember that you can opt-out any time, we hate spam too!

Latest

Economy

By Kyle Aristophere T. Atienza, Reporter THE GOVERNMENT of Philippine President Ferdinand R. Marcos, Jr. could demand more trade concessions from China after boosting...

Economy

By Alyssa Nicole O. Tan, Reporter ECONOMISTS on Sunday backed a proposal to ban offshore gaming operations in the Philippines, saying there are better...

Economy

By Kyle Aristophere T. Atienza, Reporter  THE EXPANSION of the Philippines’ 2014 Enhanced Defense Cooperation Agreement (EDCA) with the United States would boost Manila’s...

Economy

THE SUPREME COURT (SC) has dismissed a petition seeking to stop and declare as illegal the Land Transportation Office’s (LTO) 2017 contract with German...

Economy

A SOLON has filed a bill that will expand the authority and functions of the National Nutrition Council (NNC) to address the Philippines’ malnutrition...

Economy

THE ECOWASTE Coalition pressed for a ban on the use and manufacture of polyfluoroalkyl substances (PFAs), which pose a threat to human health and...

You May Also Like

Investing

Browsing history makes referring to sites and pages you’ve visited in the past seamless. It’ll help you recall what page you checked out on...

Investing

The minute that any question pops into your head, you can simply ask Google. No longer do we have to pour over books and...

Investing

Having a good Instagram marketing agency to back up your Instagram account is an absolute must going into the new year. With competition stronger...

Investing

Insomnia is the most common sleep disorder in the global population. Therefore, it is a problem that many people suffer or have suffered throughout...

Disclaimer: SmartRetirementReport.com, its managers, its employees, and assigns (collectively "The Company") do not make any guarantee or warranty about what is advertised above. Information provided by this website is for research purposes only and should not be considered as personalized financial advice. The Company is not affiliated with, nor does it receive compensation from, any specific security. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendation. Any investments recommended here should be taken into consideration only after consulting with your investment advisor and after reviewing the prospectus or financial statements of the company.

Copyright © 2021 SmartRetirementReport. All Rights Reserved.