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CIMB boosts financial inclusion with Lazada
Digital-only commercial bank CIMB Bank Philippines has teamed up with e-commerce platform Lazada Philippines to further advance financial inclusion and digital payments among Filipinos, targeting to onboard 500,000 borrowers within six months......»»
Delivery drivers urge Mayor Baste for business permit exemption
Title: Delivery Drivers Seek Exemption from Business Permit Requirement A group of delivery drivers in Davao is urging Mayor Sebastian Duterte to exempt them from the mandatory business permits. The drivers, including those from various delivery apps such as Grab and FoodPanda, are concerned about the financial burden imposed by the business permits, which range from P2,000 to P6,000. They argue that this requirement is unique to Davao City among all cities and provinces in the Philippines. Grab rider Rolando Atico emphasized the need for solidarity among all delivery drivers, regardless of the app they work for. He urged fellow drivers to support each other, as the financial impact may extend beyond just Grab and FoodPanda. Atico also requested Mayor Duterte to reconsider the requirement and reinstate the previous occupational permit, which only cost P125. The group is facing a 30-day deadline to obtain the business permits, and they are citing financial constraints as a reason for their request for an extension. Failure to comply could result in their removal from the delivery platforms, jeopardizing their livelihoods. Additionally, they are advocating for changes to Davao City's Revenue Code, proposing a model similar to Cebu City, where only an occupational permit is required. The drivers are also calling for an inquiry into the lack of transparency and unilateral actions of food delivery companies, particularly concerning rider capitalization and financial concerns. They believe that a thorough investigation will help ensure fairness and equity in their financial obligations and working relationship with the delivery companies. Maribel Paguican, the Business Bureau officer-in-charge, stated that non-certified delivery riders categorized as service contractors must obtain a business permit. She mentioned two permits for occupational and business activities, with a discounted structure for delivery riders. However, concerns have been raised about increased taxes, potentially ranging from P3,000 to P6,000, along with an additional tax on top of the declared income of P1,400. The delivery drivers' plea for exemption from the business permit requirement reflects their concerns about the financial impact and the potential threat to their livelihoods. Their call for solidarity and support from fellow drivers highlights the urgency of the situation. This story sheds light on the challenges faced by delivery drivers in Davao and the implications of the business permit requirement on their financial well-being. It also underscores their efforts to seek fairness and equity in their working relationship with the authorities and delivery companies......»»
BSP: Digitizing microfinance services will boost financial inclusion
Digitizing microfinance institutions could promote further financial inclusion in the country as borrowers from the unserved and underserved segments of the population will be able to access a wider range of financial services......»»
DavNor surpasses Tagum for 2nd in Davraa 2024 with dancesport inclusion
DavNor surpasses Tagum for 2nd in Davraa 2024 with dancesport inclusion.....»»
CitySavings Named One of the 2024 Philippines’ Growth Champions
City Savings Bank (CitySavings) continues to cement its position to become the leading mass market bank in the country with its inclusion as one of the 2024 Philippines’ Growth Champions. The Philippine Daily Inquirer released the report with international market research firm Statista. This year’s Philippines’ Growth Champions are companies with remarkable growth and resilience […].....»»
Legacy Unleashed: Ghostbusters Director Jason Reitman discusses Frozen Empire and honoring Ivan Reitman
Legacy Unleashed: Ghostbusters Director Jason Reitman discusses Frozen Empire and honoring Ivan Reitman.....»»
Ati-Atihan, Dinagyang, Sinulog: A look at 3 festivals honoring Sto. Niño
Three major festivals honoring the Sto. Niño, or the Image of the Child Jesus, take place in January. In a way, they serve as the opening salvo to another year replete with festivals in the Philippines......»»
Honoring Professional Dedication and The Importance of Valuing Expertise
Honoring Professional Dedication and The Importance of Valuing Expertise.....»»
Cebuana s Kanegosyo, Taxumo partner to boost financial inclusion for MSMEs
Cebuana s Kanegosyo, Taxumo partner to boost financial inclusion for MSMEs.....»»
Globe, DENR honor environmental champions at 2023 Mga Kuwentong KLIMA-likasan Awards
Globe, DENR honor environmental champions at 2023 Mga Kuwentong KLIMA-likasan Awards.....»»
PLDT-Smart’s pioneering inclusion program shortlisted at 2024 GLOMOs
The PLDT Group’s Inclusion, Diversity, Equity, Advocacy through Technology program has been shortlisted at the 2024 Global Mobile Awards......»»
SM Group bags 20 Quill awards
The SM Group, led by SM Investments Corp., with BDO Unibank, SM Foundation and SM Supermalls, won 20 awards for excellence in communications at the prestigious 20th Philippine Quill Awards. SM Foundation was also hailed as 2nd runner up for Company of the Year......»»
Valorant Champions heads to Seoul to kick off year
The 2024 Valorant Champions Tour (VCT) began over the weekend with the Kickoff Tournament across different international leagues, with the announcement that the culminating tournament in VCT, Valorant Champions, will be taking place in Seoul, South Korea in August......»»
4Ps beneficiaries learn digital financial literacy from experts
Some 58 Pantawid Pamilyang Pilipino Program (4Ps) beneficiaries learn the importance of digital literacy and savings during the pilot implementation of the 4Ps Digital Financial Literacy Program on Saturday (February 24) at the DSWD Central Office Auditorium, Quezon City. Resource speakers from Landbank of the Philippines (LBP), Bank of the Philippine Islands (BPI) Foundation, and […].....»»
Gathering of champions
The stars descended on the Okada Grand Ballroom last Sunday as former world boxing champions gathered to celebrate the launch of the 1st Pacquiao-Elorde Awards Night with WBC president Mauricio Sulaiman as guest of honor and speaker......»»
Strengthening financial health of Global Majority is key to unlocking their economic potential
Great strides have been made in terms of increasing financial inclusion globally in the last decade according to The World Bank......»»
CARD Bank marks 26th year as financial inclusion champion to Filipino communities
CARD Bank, Inc. celebrated its 26th founding anniversary and savings month with the theme “Conquering a new frontier towards more inclusive financial services” on September 1, 2023......»»
DOT seeks inclusion in protected areas board amid Chocolate Hills issue
Department of Tourism Sec. Christina Frasco —INQUIRER.net file photo / Ryan Leagogo After the recent controversy surrounding a resort development near Chocolate Hills in Sagbayan town, Bohol, the Department of Tourism (DOT) announced plans to advocate for its inclusion in the national government’s Protected Area Management Board (PAMB). Tourism Secretary Christina Frasco stated during a.....»»
Sugar trail in Panay, Negros eyes inclusion in World Heritage List
Sugar trail in Panay, Negros eyes inclusion in World Heritage List.....»»
Cebuana Lhuillier embraces diversity, equity, and inclusion in iBelong drive
Cebuana Lhuillier embraces diversity, equity, and inclusion in iBelong drive.....»»