Department of Trade and Industry Secretary Alfredo Pascual pushed Filipino businesses to apply the new trading system to boost the economic trade industry nationwide.
Different small business owners nationwide can now have a more accessible way to have funds as the government opens the cooperatives under the Credit Surety Fund.
According to Bangko Sentral ng Pilipinas, the continuous increase of overseas Filipino workers is helping the country's economy through their remittances.
The Legislative and Executive advisory council planned to pass ten bills to the president that would be referred to as priority legislation for Congress.