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CESAR V. PURISIMA

Friends, not foes: Governments as catalysts for fintech growth

August 19, 2019

Fourth Industrial Revolution technologies are not just transforming the way we live and work. They are empowering us to reimagine how we address the world's most daunting challenges. Fintech, or financial technology, for one, has the potential to help in our fight against poverty.

Read more: https://business.inquirer.net/277076/friends-not-foes-governments-as-catalysts-for-fintech-growth#ix


CESAR V. PURISIMA

PH fintech is ready for its moment

March 04, 2019

The Philippines is nearing a transformative moment with the increasing application and adoption of financial technology-or fintech. A number of factors are driving this state of play. Disruptive technologies continue to emerge at a breakneck pace around the world and can easily be replicated on our shores.

Read more: https://business.inquirer.net/265972/ph-fintech-is-ready-for-its-moment#ixzz6KDC8n2ga


MILWILDA M. GUEVARA

Six income tax changes riding on the TRAIN

December 23, 2018

I stopped writing about the TRAIN because it had been the subject of my column frequently. It felt like eating the same food over and over again and I lost my appetite. But, I was intrigued by a message that almost went viral on "8 TRAIN Tax Reforms Items That You Probably Didn't Know." I was quite amused by how taxpayers found many of the reforms irrelevant because they are retired, do not have anything to donate, do not invest in the stock market, and, do not bet on the lotto. I chuckled at why changes in the estate taxes should not bother us "because you should be dead by then." I realized that for most taxpayers, taxes only matter insofar as how they are personally affected. The effects of taxes on income redistribution, growth, stability, and allocation of resources are way beyond their concerns. I would probably be asked "Dude, what are you talking about?"

Read more: https://business.mb.com.ph/2018/01/23/six-income-tax-changes-riding-on-the-train/


PHILIP ARNOLD TUANO, Czar Joseph Castillo, Ramon L Clarete, Marjorie Muyrong and Miann Banaag

Assessment of TRAIN's Coal and Petroleum Excise Taxes: Environmental Benefits and Impacts on Sectoral Employment and Household Welfare

December 15, 2018

The study assesses the impact of the first package of the Tax Reform for Acceleration and Inclusion (or TRAIN), which includes an increase in petroleum and coal excise taxes, passed by Congress in 2017. The study also reviews the context of the energy sector in the country given that petroleum and coal are the largest sources of energy in the country. Using a computable general equilibrium- microsimulation model, this paper focused on the impact of the increase in petroleum and coal excise taxes and the whole TRAIN 1 package (which includes a reduction in the personal income tax and the broadening of the value added tax). Results from the simulations indicate a slight adverse output effect for most industries under an increase in petroleum and coal taxes scenario. Under the whole TRAIN package, the output effects are slightly positive, especially for the several agriculture and service sectors, resulting in a higher level of carbon emissions. There is a slight rise in employment under the whole package, but poverty incidence increases slightly as excise taxes have an adverse effect in terms of higher commodities prices among the poor.

Read more: https://www.econstor.eu/bitstream/10419/211061/1/1663385947.pdf


MARY RACELIS

70 years of Unicef

December 15, 2018

If one wanted to bring together all the children who have reached adulthood because UN Children's Fund (Unicef) opened an office in the Philippines on Nov. 20, 1948, it would take more than one large province to accommodate them. Now celebrating 70 years of service to the Philippines, Unicef continues to work as an energetic partner with government and NGOs, media, academics and the private sector to make a difference for children. Gathering evidence on children's access to their rights of survival, development, protection and participation, Unicef and its Philippine partners stress outcomes and impact. It has come a long way since its 1960s supply and project orientation to today's systems approaches that emphasize evidence and output-based programming.

Read more: https://opinion.inquirer.net/118172/70-years-of-unicef#ixzz6KDCorMvl


RONALD U. MENDOZA AND MIANN S. BANAAG

Is the Philippines' Pro-China Policy Working?

November 14, 2018

To the extent that his words matter and policy has followed suit, President Rodrigo Duterte has tried to engineer a dramatic pivot in the Philippines' foreign policy. Early in his administration, he antagonized traditional economic and political allies like the United States (then under President Barack Obama) and later the European Union (due to its calls to respect human rights in the midst of the Philippine government's campaign against illegal drugs). Duterte also promptly initiated a rapprochement with China, and most recently he even began discussions of possible joint exploration of the resources in the West Philippines Sea (Manila's name for the part of the South China Sea it claims). Duterte claimed all of this is part of an effort to build a more "independent" foreign policy for the country. There are mixed views on whether and to what extent the country has achieved a truly independent foreign policy, yet one can credit the Duterte administration for its audacity. The Philippines' relationship with China - even given the territorial disputes - could still be a fruitful one, economically. One question, however, is whether this approach has necessarily yielded more economic benefits for the country.

Read more: https://thediplomat.com/2018/11/is-the-philippines-pro-china-policy-working/


MARIO AGUJA

Security and Sustainable Development in General Santos City, Philippines A case study for the DCAF Policy and Research Division Project: SSR for Safer Cities -Supporting States to Achieve SDG 11

October 01, 2018

Fostering development remains a major human preoccupation. Numerous conferences have been held and agreements made in an effort to improve the lot of millions of people around the world who are struggling to rise out of poverty, compounded by the destruction of the environment. Strategies have been developed, resources mobilised, institutions built and partnerships forged at an international, regional and local level, all in the name of development. And yet achieving this development remains elusive.

Read more: https://www.academia.edu/38005416/Security_and_Sustainable_Development_in_General_Santos_City_Philip


MARY RACELIS

The Urban Poor 'Kalbaryo'

April 14, 2018

With a sense of glee, a Lady Mayor said yes to federalism in a public forum. She felt short-changed with the current sharing arrangement of revenues. In her mind, she felt that it was totally unfair. Why should her Local Government Unit (LGU) share part of its revenues with the central government? How comforting to believe that under the proposed federal form of government, LGUs can keep all their revenues for themselves!

Read more: https://opinion.inquirer.net/112436/urban-poor-kalbaryo#ixzz6KDD2X7vU


MILWILDA M. GUEVARA

Happy birthday Mr. President

March 30, 2018

Upon seeing me in his birthday celebration, President FVR shouted, "Old Maid"! Surprisingly, I did not feel embarrassed. I knew it was his fond way of teasing me. For so many years, he unselfishly served our country as a soldier, a President, and a statesman. On his 90th year, he has every right to be playful.

Read more: https://business.mb.com.ph/2018/03/20/happy-birthday-mr-president/?__cf_chl_jschl_tk__=d2b85033f749b


MILWILDA M. GUEVARA

Receive rather than give

March 27, 2018

With a sense of glee, a Lady Mayor said yes to federalism in a public forum. She felt short-changed with the current sharing arrangement of revenues. In her mind, she felt that it was totally unfair. Why should her Local Government Unit (LGU) share part of its revenues with the central government? How comforting to believe that under the proposed federal form of government, LGUs can keep all their revenues for themselves!

Read more: https://business.mb.com.ph/2018/03/27/receive-rather-than-give/?__cf_chl_jschl_tk__=a1ce630fa9764e68