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Top News In Microfinance Council Today - Breaking & Trending Today

Dragonpay's transaction volume doubled vs 2021

EXECUTIVES of Dragonpay Corp. said they remain bullish on the firm’s expansion and taking digital payments to the next level. “Despite headwinds brought about by the pandemic, the company’s transaction volume in the past 12 months doubled compared to the same period the year before,” a statement by the registered… ....

Bangko Sentral , Felipem Medalla , Microfinance Council Of The Philippines Inc , Microfinance Council ,

Government to auction longer-tenor bonds to raise ₧200B in October

THE Philippine government aims to raise P200 billion from debt papers in October, according to the Bureau of the Treasury (BTr).  The amount covers P60-billion worth of Treasury bills and P140 billion-worth of Treasury bonds to be auctioned off next month. The borrowing program is the same throughout the year… ....

Bangko Sentral , Felipem Medalla , Microfinance Council Of The Philippines Inc , Microfinance Council ,

'PHL must raise more $ vs US rate-hike effects'

THE Philippines can only “adapt” to the effects of US interest rate hikes by raising more dollars, House Committee on Ways and Means Chairman Joey Sarte Salceda said. In theory, there is no level in which the Philippines can raise interest rates without some damage to aggregate demand, said the… ....

Bangko Sentral , Felipem Medalla , Microfinance Council Of The Philippines Inc , Microfinance Council ,

Health advocates welcome proposal to raise sin taxes

MEMBERS of the nonprofit group Sin Tax Coalition said they laud House Ways and Means Committee Chair Rep. Joey Salceda and the Department of Health (DOH) for proposing higher excise taxes on sin products, including cigarettes, alcohol, sugar sweetened beverages and novel tobacco products such as vapes. Salceda filed House… ....

Bangko Sentral , Felipem Medalla , Microfinance Council Of The Philippines Inc , Microfinance Council ,

Microfinance and financial inclusion

FROM THE MARGINS

Once touted as something of a miracle cure for global poverty, microfinance used to be a high-profile and generously-funded development intervention. In recent years, however, support for the sector has dwindled, with development finance institutions moving on to new disruptive bus ....

The Philippines , Benjamin Diokno , Kofi Annan , National Microfinance Week , Microfinance Council Of The Philippines , National Strategy For Financial Inclusion , National Strategy , Financial Inclusion , Finance Secretary Benjamin Diokno , Microfinance Council ,