"ANG HIRAP MAG NEGOSYO SA PILIPINAS"

A local micro, small, and medium enterprise (MSME) owner has expressed frustration over the complex process of handling accounting, tax compliance, and redundant business permits, alongside the high costs of starting and maintaining a business, even a small one, in the Philippines. Agapito Masibag Jr., who sells homemade products, shared during a Senate committee hearing that complying with the government's various requirements feels overwhelming and discouraging for aspiring entrepreneurs, stating that the costs involved are often disproportionate to the initial income generated by a starting business. ~ Stay up to date with Panay News, visit our website at https://www.panaynews.net/ Connect with us on: Facebook:   / panaynews   Twitter:   / panaynewsdotnet   Instagram:   / panaynewsdotnet   Viber: https://invite.viber.com/?g2=AQBMkq06... Subscribe:    / @panaynews.net   #PanayNews