Tuesday 18 April 2023

Globe Partners Proxtera, PTTC-GMEA To Champion Financial Literacy Among MSMEs

 


KUALA LUMPUR, April 17 (Bernama) -- The Philippines’ digital solutions platform Globe has partnered with Singapore-based Proxtera, lead operator of the SME Financial Empowerment (SFE) programme, and the Philippine Trade Training Center - Global MSME Academy (PTTC-GMEA), the training arm of the Department of Trade and Industry, to champion the SFE programme.

The programme provides online courses designed to equip micro, small and medium-sized enterprises (MSMEs) nationwide with financial literacy and skills they need to succeed in the digital economy.

Globe's partnership with the SFE programme involves supporting the production of localised content for Philippine MSMEs and extending free passes to its network of MSMEs. Last month, the free passes were also extended to women-owned businesses in celebration of National Women’s Month.

By investing in the SFE programme, Globe is committed to supporting the growth and development of MSMEs in the Philippines, regardless of their location.

“Through this partnership, we aim to empower local MSMEs with the tools and knowledge they need to thrive and succeed.

“We believe that this programme can make a significant impact on the lives of Filipino entrepreneurs and contribute to economic development as a whole,” said Globe Business MSME Group Head, KD Dizon in a statement.

SFE is a comprehensive and globally focused initiative by the Monetary Authority of Singapore, International Finance Corporation and United Nations Development Program aiming to build foundational digital literacy and a good understanding of cross-border financial services relevant to MSMEs.

PTTC-GMEA is the official training partner of the SFE programme in the Philippines with the Global Fintech Institute as the academic partner.

The SFE programme in the Philippines currently provides three courses that cater to MSMEs seeking to expand their businesses and benefit from digital marketplaces and the network effect.

These courses offer valuable financial literacy insights and decision-making skills, allowing MSMEs to make informed decisions and achieve their business goals. The courses include a series of modules with videos by industry experts explaining different concepts followed by a short quiz.

-- BERNAMA


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