Inclusive Economic Recovery 101: Why Helping MSMEs and Strengthening the FDA is Crucial

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by Jaime Aristotle B. Alip, PhD Like a bad refrain, strict quarantines were declared again in response to the surge of COVID cases from the highly infectious delta variant.  While government-mandated quarantines are essential to contain the pandemic, the economy suffers, leading to business closures and loss of jobs. The pandemic’s impact on micro, small […]

Braving Storms; One Paborita at a Time

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  The outpouring rain brought by Typhoon Glenda may have torn through the Philippines in 2014, but it has also watered the beginnings of Fadullo’s Bakery and their paborita business. Specializing in soft bread, Irene Fadullo and her husband have been in the baking business in Lipa City, Batangas since 2008. Four years later, the […]

FINANCIAL INCLUSION AND SHARI’AH FINANCING

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by Jaime Aristotle B. Alip, PhD   President Rodrigo Duterte delivered his last State of the Nation Address last week, but economists say poverty and unemployment will remain high even after his term ends. The National Economic and Development Authority (NEDA) projected the country’s poverty rate to average between 15.5% and 17.5% this year, partly […]

CARD RBI inaugurates 36th branch in Antipolo City, Rizal

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In its pursuit to continually expand its microfinance services across the Philippines, CARD MRI RIZAL BANK, Inc. (CARD RBI) opened its 36th branch along Provincial Road, Dona Naty, Brgy. Dalig, Antipolo City, Rizal on July 19, 2021. The first grand opening of the year was personally attended by Rizal Province Board Member Alexander Marquez and […]

WHY EDUCATION MATTERS

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by Jaime Aristotle B. Alip, PhD July started with a bang for the Philippine education sector with the publication of a World Bank (WB) report lamenting that Filipino students do not meet learning standards. Education Secretary Leonor Briones immediately took WB to task, stating that the report lacked historical context and failed to include corrective […]

ANOTHER TAAL ERUPTION: HOW PREPARED ARE WE?

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Taal, one of the country’s most active volcanoes located just 45 miles of heavily-populated Manila, is on Alert Level 3.  The Philippine Institute of Volcanology and Seismology (Phivolcs) raised Taal’s alert level on July 1, after a phreatomagmatic eruption which spewed ash and other materials up to one kilometer into the air. Alert Level 3 means […]

CARD MRI announces Grand Winner of nationwide art contest for clients

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Among 112 entries from Luzon, Visayas, and Mindanao, Luzon candidate Mabentangen Center 1 from CARD, Inc. (A Microfinance NGO) was hailed the grand winner of Bahaginan Ngayong 2021 poster and slogan making contest after advancing as an institutional winner during the awards ceremony on July 7, 2021. With the winning slogan, “Hawak-kamay sa hamon ng […]

CARD-BDSFI boosts social media presence to encourage organic farming

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CARD-Business Development Service Foundation Inc. (CARD-BDSFI), a member of CARD Mutually Reinforcing Institutions, launches a series of activities on their “CARD-BDSFI Organic Demo Farm” Facebook page in its aim to promote simple organic farming at home. Through its social media page, CARD-BDSFI seeks to encourage the online community to try backyard farming. As the pandemic […]