Yuchengco-led Rizal Commercial Banking Corp.’s (RCBC) digital banking platform DiskarTech is rolling out this April a loan marketplace targeting consumers and micro, small and medium enterprises (MSMEs)—in line with its proposition as a financial inclusion “super app.”DiskarTech—which has registered users, of which about a million had undergone validation as eligible depositors—has also introduced a Visayan…
The additional P27.5-billion equity infused into state-run Land Bank of the Philippines (Landbank) will be injected into existing and upcoming loan programs for small businesses badly hit by the pandemic-induced recession, an official said. In a telephone interview on Wednesday, Landbank vice president and corporate affairs group head Vivian Cañonero said the Bayanihan to Recover…
It is often said—quoting national hero Jose Rizal—that the youth is the hope of the nation. In these difficult times, the country’s recovery from the pandemic-induced recession might as well depend on the young moving about, going shopping and dining out with their families. The country’s chief economist, Acting Socioeconomic Planning Secretary Karl Kendrick Chua,…
The Department of Agriculture (DA) is welcoming the new year with a new framework and renewed hopes that restructuring the agency will help it achieve its annual agriculture growth target of 2.5 percent. Agriculture Secretary William Dar, who has been steering the agency in new directions forced by the COVID-19 pandemic, recently launched the “One…
The latest tally shows that the new coronavirus has caused the death of about 1.46 million people worldwide, including at least 8,300 in the Philippines. But the casualty count can also be reckoned in terms of business entities. According to a survey done by the World Bank in partnership with the Department of Finance and…
These days, it seems, anything and everything can be found and bought online and brought to one’s doorstep. What enable this are the ubiquity of smartphones, the availability of internet connection and the swarms of motorcycles and utility vehicles, thanks to low interest rates over the past few years. The same few years before the…
The Department of Agriculture (DA) in April announced that it would be expanding the operations of its “Kadiwa” stores by making their products and services available online, thus allowing farmers and fishers to continue selling their produce to consumers even with the movement restrictions at the height of the lockdown. The plan is for the…
Agripreneurship is touted as the future of farming, one that will ensure sustainable growth of Philippine agriculture and profitability for those who get into it. But still very few dare to get their hands dirty and take the risk. Three agricultural entrepreneurs who thrived in this arena shared with The Inquirer the values and lessons…