Queen Máxima in Philippines to promote financial inclusion
Queen Máxima of the Netherlands, in her capacity as the United Nations Secretary-General’s Special Advocate for Inclusive Finance for Development, is in the Philippines for three days to promote financial inclusion, especially among “traditionally underserved groups,” like the poor, women, smallholder farmers and small businesses......»»
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......»»
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......»»
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......»»
CARD MRI clinches Digital Financial Inclusion Award
CARD Mutually Reinforcing Institutions (CARD MRI) was selected as one of the five microfinance institution (MFI) winners at the 2nd Digital Financial Inclusion Awards......»»
Cebuana s Kanegosyo, Taxumo partner to boost financial inclusion for MSMEs
Cebuana s Kanegosyo, Taxumo partner to boost financial inclusion for MSMEs.....»»
Focus on onboarding Filipinos into formal financial system urged
The Philippines has made significant progress in pushing financial inclusion since 2015, but more work needs to be done in onboarding Filipino adults into the formal financial system, said Queen Maxima of the Netherlands, the UN Secretary General's Special Advocate for Inclusive Finance for Development......»»
Embracing financial inclusion and financial health for national progress
In the heart of Southeast Asia, the Philippines is poised at a pivotal juncture, with the power to significantly reshape its economic landscape.....»»
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......»»
DavNor surpasses Tagum for 2nd in Davraa 2024 with dancesport inclusion
DavNor surpasses Tagum for 2nd in Davraa 2024 with dancesport inclusion.....»»
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.....»»
Marian, Angel, Bea, Juday tuloy ang laban para sa karapatan ng kababaihan
IPINAGDIRIWANG ngayong buwan ng Marso ang 2024 International Women’s Month na may temang “Inspire Inclusion.” “When we inspire others to understand and value women’s inclusion, we forge a better world. And when women themselves are inspired to be included, there’s a sense of belonging, relevance and empowerment,” ang nakasaad na mensahe sa isang website hinggil.....»»
DOH eyes inclusion of oral health package in Universal Health Care services
DOH eyes inclusion of oral health package in Universal Health Care services.....»»
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......»»
Cha-cha is inclusion
People may not realize it, but Charter change is all about inclusion. It is to mainstream Filipinos who are at society’s rough edges, those denied basic services government is mandated by law and by the Constitution to render or deliver......»»
Manila Luzon proud maging guest sa concert ni Madonna: ‘My supreme idol!’
NAGSAMA sa iisang stage ang Filipino-American drag queen na si Manila Luzon at ang Queen of Pop na si Madonna! Ito ang proud na proud na ibinandera ni Manila Luzon sa serye ng kanyang Instagram posts recently. Masayang ipinakita ng drag queen na naging guest siya sa “The Celebration Tour” ng legendary singer na ginanap.....»»
IFC investing $500 million to address Philippines development challenges
The private sector arm of the World Bank Group is aiming to invest up to $500 million in the current fiscal year in the Philippines to support efforts to address climate change, financial inclusion and infrastructure development......»»
Auto, EV players welcome possible tariff relief for hybrid, e-motorcycles
Automotive firms and electric vehicle players welcomed yesterday the potential expansion of the list of vehicles that can enjoy lower tariffs to include hybrid vehicles and e-motorcycles currently being studied by the government, saying that their inclusion may promote the shift to more environment-friendly transport options......»»