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Duterte wants to end ‘5-6’ lending scheme

BEIJING – President Duterte is seeking assistance from China and other countries to put an end to “5-6,” a high-interest loan that he said “kills” the entrep.....»»

Category: newsSource: philstar philstarOct 21st, 2016

Duterte wants to end ‘5-6’ lending scheme

BEIJING – President Duterte is seeking assistance from China and other countries to put an end to “5-6,” a high-interest loan that he said “kills” the entrep.....»»

Category: newsSource:  philstarRelated NewsOct 21st, 2016

No more 5-6?

The Duterte Administration recently announced that it would stop to the 5-6 business in the country. It basically involves lending money with a twenty percent (20%) monthly interest and is generally identified with Indian nationals who are into such business......»»

Category: newsSource:  tempoRelated NewsJan 16th, 2017

EDITORIAL- Ending ‘5-6’

The so-called “5-6” lending scheme, which imposes a 20 percent interest, is usurious, but it fills a need that existing financial facilities cannot meet......»»

Category: newsSource:  philstarRelated NewsJan 13th, 2017

DTI, gi-andam na ang sistema alang sa pagpautang sa mga gagmay’ng negosyante

MANILA, January 13 (PIA)&''Gi-andam na sa Department of Trade and Industry (DTI) ang himuong pagpautang sa mga gagmay nga negosyante base sa direktiba ni Presidente Rodrigo Duterte. Usa ka micro-financing program nga pagatawgon og Pondo Para sa Pagbabago at Pag-asenso (P3) ang gitakdang ilusad sa DTI nga ihulip sa ‘5-6’ money lending system. Matud pa [&'].....»»

Category: newsSource:  boholnewsdailyRelated NewsJan 13th, 2017

Five Six

President Duterte has embarked on another battle, this time against an ingrained lending operation at the grassroots......»»

Category: financeSource:  philstarRelated NewsJan 12th, 2017

Days of ‘5-6’ operators numbered

The government is stepping up the crackdown on foreigners engaged in the notorious 5-6 money lending scheme to ease the suffering of borrowers especially the poor......»»

Category: newsSource:  tempoRelated NewsJan 10th, 2017

Online gambling, casino junket operations at rolling scheme imbestigahan ng BIR

ISA sa mga ikinatutuwa natin sa administrasyon ni Pangulong Rodrigo “Digong” Duterte ‘e ‘yung pagiging lohikal o makatuwiran nila — o para sa mas mabilis na pagkaunawa, tinuturan ng Pangulo ang sambayanan na gamitin ang kani.....»»

Category: filipinoSource:  hatawtabloidRelated NewsDec 23rd, 2016

Online gambling, casino junket operations at rolling scheme imbestigahan ng BIR

ISA sa mga ikinatutuwa natin sa administrasyon ni Pangulong Rodrigo “Digong” Duterte ‘e ‘yung pagiging lohikal o makatuwiran nila — o para sa mas mabilis na pagkaunawa, tinuturan ng Pangulo ang sambayanan na gamitin ang kani.....»»

Category: filipinoSource:  hatawtabloidRelated NewsDec 23rd, 2016

Gov’t to create micro funding, revive heritage industries

The Duterte administration is coming up with two new special projects: micro funding for bottom of pyramid that will outlaw loan sharks or the 5-6 scheme and revival of local heritage industries......»»

Category: newsSource:  mb.com.phRelated NewsOct 18th, 2016

National smoking ban to follow Davao scheme

MANILA, Philippines - The stricter anti-smoking executive order that President Duterte promises to sign after his trip in China would follow the Davao City m.....»»

Category: newsSource:  philstarRelated NewsOct 16th, 2016

Contentious ‘endoc’ issue

Ending the controversial end-of-contract system employed by many companies to cut down on operating cost is one of the changes promised by President Duterte during his presidential campaign. Stopping altogether the scheme, often called endocs, however, wi.....»»

Category: newsSource:  thestandardRelated NewsSep 22nd, 2016

Kompanyang may ENDO ipasasara

IPASASARA ni Pangulong Rodrigo Duterte ang mga kompanya, maliit man o malaki, na nagpapairal ng ilegal na “ENDO” O end of contract scheme o labor only contracting. “Huwag n’yo akong hintayin na mahuli ko kayo. You will not only lo.....»»

Category: filipinoSource:  hatawtabloidRelated NewsAug 2nd, 2016

No repeat of Mendiola Massacre, says Panelo

Presidential legal counsel Salvador Panelo has assured that a repeat of the Mendiola Massacre in 1987 won’t happen under the administration of President Duterte......»»

Category: newsSource:  tempoRelated NewsJan 21st, 2017

Pinky Webb reveals dream interviews

CNN Philippines senior news anchor Pinky Webb has said that President Rodrigo Duterte and former US President Barrack Obama were some of the personalities she really wanted to do interviews with......»»

Category: newsSource:  tempoRelated NewsJan 21st, 2017

MMDA coding exemptions suspended

The Metropolitan Manila Development Authority has temporarily suspended the issuance of exemptions under the Unified Vehicular Volume Reduction Program or the number coding scheme as it reviews its policies......»»

Category: newsSource:  tempoRelated NewsJan 21st, 2017

Duterte to meet Miss Universe bets

President Duterte is set to meet the candidates of the 65th Miss Universe beauty pageant in Malacañang tomorrow, the Department of Tourism said yesterday......»»

Category: newsSource:  tempoRelated NewsJan 21st, 2017

De Lima blames Duterte “tokhang for ransom” cases

mid call for the resignat........»»

Category: newsSource:  manila_shimbunRelated NewsJan 21st, 2017

Dela Rosa to ask Duterte permission to quit

hilippine National Police........»»

Category: newsSource:  manila_shimbunRelated NewsJan 21st, 2017

Duterte vows speedy release of human rights claims

Duterte vows speedy release of human rights claims.....»»

Category: newsSource:  manilatimes_netRelated NewsJan 21st, 2017

Solgen asking Duterte to violate Constitution – lawmaker

MANILA, Philippines - Opposition Rep......»»

Category: newsSource:  philstarRelated NewsJan 21st, 2017