Latest Breaking News On - Ut also warned its members of the need for government to regulate system protect them from scams and financial losses lacson called on help banks make lending easier businessmen entrepreneurs strengthen economy as it gets back feet following pandemic this can happen - Page 1 : comparemela.com
(File photo) MANILA - Partido Reporma standard bearer Sen. Panfilo "Ping" Lacson and his running mate Senate President Vicente "Tito" Sotto III are looking to provide more financial and technical assistance to small business owners, farmers and fishermen if victorious in the coming May 9 elections. In particular, the two lawmakers proposed that the government institute a "paluwagan" (rotating savings and credit association) system for micro, small and medium enterprises (MSMEs) and agricultural workers, for them not to be burdened with loans with interest payments, especially since most of the world is still recovering from the coronavirus pandemic. This came after Lacson and Sotto received complaints and suggestions directly from the MSME sector over the weekend as they toured Northern Luzon and held several dialogues with various groups in Baguio City, Pangasinan, and Nueva Ecija. "Mas magandang meron tayong mga credit institution at saka magkakasam