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Senatorial bets push MSME growth and protection of local sectors from tariffs

8 May 2025
in Business
Reading Time: 7 mins read
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Senatorial bets push MSME growth and protection of local sectors from tariffs
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By Kenneth Christiane L. Basilio, Chloe Mari A. Hufana and Adrian H. Halili, Reporters

SENATORIAL candidates in this year’s Philippine midterm elections will prioritize small business development, while cushioning local industries from a looming global trade war that puts economic growth, jobs and wages at risk.

They also vowed to push more jobs and measures that would boost food security amid rising global prices.

“The solution to that is jobs, jobs, jobs,” former Senator and pound-for-pound boxing camp Emmanuel “Manny” D. Pacquiao, who is running for a Senate seat on May 12, told BusinessWorld in Filipino. “I will push for massive investments in public infrastructure especially in rural areas and support programs for micro, small and medium enterprises (MSME).”

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