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Tech Boost for 4Ps: Digital Phones to Aid Financial Literacy
In an initiative to bolster digital financial literacy, the Department of Social Welfare and Development (DSWD) in the Philippines has started distributing mobile phones to Pantawid Pamilyang Pilipino Program (4Ps) beneficiaries. This significant move is seen as a step towards enhancing access to financial services through the "e-Panalo ang Kinabukasan" programme. The initiative kicked off on Tuesday in Navotas City and Malabon, led by DSWD Secretary Rex Gatchalian, alongside telecom partners Globe and GCash operator G-Xchange, Inc. (GXI). The distribution effort aims to impact over 32,000 recipients nationwide, focusing on those in geographically isolated and disadvantaged areas, classified as Level 1 or Survival Level of well-being. With these smartphones, beneficiaries can access their cash grants more swiftly and securely via digital applications like GCash, eliminating the need for travel to access physical ATMs of the Land Bank of the Philippines. Secretary Gatchalian emphasised the efficiency and safety this initiative brings, noting the government's appreciation for Globe and GXI's role in funding the smartphone distribution. Recipients, such as Luisa Marasigan from Malabon City, have expressed gratitude, highlighting the ease and speed with which they can now receive financial aid directly from home. This push towards modern technology signifies a progressive stride in the government's ongoing efforts to empower communities through connectivity and financial education, reported Philippine News Agency. -- 2025-03-18 -
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Blitzkrieg and Schumer is actually right.
30 years back when I was studying, one of the topics on finance was about debt vs revenue and when it exceeded a certain percentage, it was no longer possible to service, which in history always led to wars, since if the country couldn't provide revenue to service debt, they had to steal someone else's riches to do that. Got reminded of it a decade or so ago, when only a couple of countries were near or slightly over that percentages, but now... well, most of the World has crossed that line, especially in aftermath of pandemic. If we consider historic learning, we should at the verge of a massive global war. -
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Foreigner Assaults Thai Man in Road Rage Incident in Pattaya
small guy shoulda kept his pie hole shut.
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