MANILA, Philippines – Small-and-medium enterprises (SMEs) in the Philippines have been given a powerful boost through a series of business training sessions aimed at empowering local entrepreneurs to expand into international markets. FedEx hosted recent masterclasses in Laguna and Cavite. These events provided participants with essential knowledge and skills. They helped participants navigate the complexities of cross-border trade and explore global business opportunities.
These sessions covered critical topics such as the latest import and export protocols, regulations for handling sensitive and hazardous goods, and strategies for expanding into overseas markets. With the guidance of industry experts, participants gained practical insights that can be immediately applied to grow their businesses beyond local borders.
The training also provided an opportunity for Filipino entrepreneurs to network, share experiences, and build partnerships with fellow business owners. These collaborative efforts foster competitiveness and open doors for global expansion, which is key for SMEs looking to stay ahead in a rapidly evolving global economy.
“The growth of local businesses is essential for the long-term stability of the Philippine economy,” said Maribeth Espinosa, managing director of FedEx Philippines, which supported the initiative. “Our focus is on providing businesses with the tools and confidence they need to succeed internationally.”
The feedback from participants has been overwhelmingly positive, with many noting the increased confidence and actionable strategies they now have to pursue global business opportunities. This training initiative underscores the importance of supporting SMEs in their journey toward innovation and growth.
With the knowledge gained through these masterclasses, SMEs are better positioned to engage in international markets, contributing to the overall growth of the Philippine economy. The initiative highlights the growing recognition of the pivotal role SMEs play in driving job creation, innovation, and economic development in the country.