Lopez: DTI eyes reopening of more businesses before 2021 | Inquirer News

Lopez: DTI eyes reopening of more businesses before 2021

By: - Content Researcher Writer / @inquirerdotnet
/ 04:57 PM November 26, 2020

MANILA, Philippines — Department of Trade and Industry (DTI) Secretary Ramon Lopez on Wednesday said they are targeting a lower percentage of closed businesses before the year ends.

“Hopefully [bumaba] in a nudge mga four percent, maybe swerte na yung three percent,” Lopez told INQUIRER.net.

(Hopefully, it will drop in a nudge, around four percent, consider it lucky if it reaches three percent.)

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According to Lopez, a recent DTI survey of 3,000 small and medium-sized enterprises (SMEs) showed that only five percent of the 1.5 million registered businesses remain closed in November.

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“It looks konti but in terms of number marami pa ‘yan,” Lopez said.

(It looks few, but in terms of the number, that is still a lot.) [ac]

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TAGS: COVID-19, DTI, Ramon Lopez, SMEs

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