Marcos launches Bagong Pilipinas Marketplace for MSMEs

President Ferdinand 'Bongbong' Marcos Jr. launched the Bagong Pilipinas Marketplace, a digital platform aimed at empowering micro, small, and medium enterprises (MSMEs) to connect with local and foreign wholesale buyers during the 2025 DTI-Bagong Pilipinas National Food Fair in Mandaluyong City on Wednesday, April 9.

The president highlighted that the app is set to become a robust business-to-business e-commerce platform this year, aiming to expand supply chains and make delivery of goods more efficient for MSMEs and large businesses.

Marcos announced that the DTI will lead the implementation of a sustainable framework to ensure long-term support and functionality for MSMEs in the digital economy, urging collaboration among stakeholders to provide businesses with knowledge and resources needed to navigate the new digital landscape.

The president also emphasized the importance of secure cashless payment systems to protect entrepreneurs and consumers, while Trade Secretary Cristina Roque noted that over 99 percent of registered businesses are classified as MSMEs which account for nearly 67 percent of the country's total employment.