MSMEs look forward to rebound in 2025

The country’s micro, small, and medium enterprises (MSMEs) are optimistic about a stronger performance this year, including higher revenue and tapping more customers, following weaker results last year, according to a report by Boston Consulting Group (BCG).

- By DEXTER BARRO II

BCG, a global consulting firm, presented its findings on Filipino MSMEs during the 2025 MSME Bayanihan Caravan hosted by the Department of Trade and Industry (DTI) on Tuesday, July 15.

In collaboration with the DTI, BCG said it conducted a nationwide survey of 3,098 MSMEs to capture a robust view of the sector that represents 99 percent of all businesses in the country.

Based on the report, only 43 percent of MSMEs said their business performed better last year compared to the year prior, meaning the majority of the sector believed they had a poor showing in 2024.