Landbank, the state-owned bank, launched a new loan offer for all eligible government employees and pensioners. This is to help government employees in times of emergency expenses and other urgent financial requirements. The Pension and Emergency Relief (PeER) loan facility offers from 20,000 pesos up to 100,000 pesos. Landbank will add a 10% per year interest rate to your loan. Which is lower than other emergency loans offered by the financial sector like 5-6, OLA's, and e-wallets.   All interested individuals are encouraged to visit any Landbank branches nationwide and/or call the Landbank hotline number to help in facilitating the offer.   On the report of Abante, the House Committee on Labor and Employment chairperson at Rizal Rep. Fidel Nograles said, "Maganda po ang bagong loan program na ito upang may legal na malalapitan ang ating mga kawani ng pamahalaan at pensiyonado sa halip na lumapit sa mga nagpapa-'5-6'.”   Nograles believes that PeER will h...

The Bitcoin is the first virtual cryptocurrency released on January 3, 2009, by an unknown individual or group of developers who used the pseudonym Satoshi Nakamoto. Bitcoin is the pioneering of blockchain technology—the backbone of all cryptocurrency. Blockchain is the enter-connected nodes where all users have their own copy of transactions between the network. The nodes are a self-verifier of each transaction in every second to the entire chain—so called the ledger. However, Bitcoin is a decentralized virtual currency, which means it is not regulated by any states, and it was established by the private sector. Like the other cryptocurrency, it was launched and developed through public demand, aiming to make dependents not controlled by any government or state. In the nature of cryptocurrency, the public uses it as regular currency as pay for gigs, suspectedly used for illegal payment transactions and money laundering. Due to its high demand for virtual currency, Bitcoin, altcoins, ...

The Banko Sentral ng Pilipinas (BSP) published article announcement, said its testing phase to Project Agila, a pilot project for Central Bank Digital Currency has completed. The project initiative aim to enhance the efficiency and resilience of national payment system as statement by the BSP Governor Eli M. Remolona. The leveraging of new technologies will help to enhance the capacity of financial firms in the Philippines of doing daily business transactions even holiday or during weekend. These transactions can safely be supported by open-source distributed ledger technology through the Oracle Cloud Infrastructure according to the published article. “Wholesale CBDCs are expected to enhance liquidity management, reduce settlement risks, and support financial stability,” BSP Governor Eli M. Remolona, Jr. said. The CBDC is a digital form of Philippines money denomination and under the liabilities and control of the central bank. For the large transaction companies, financia...

Landbank of the Philippines, a state bank, launched an enhanced loan program for farmers, fishermen, agribusiness, and agriculture graduates. This lending program aims to make financing easy and accessible for farmers. In the last article titled " Resilient way for Philippines Government to address Financial Support to Farmers " we shared farmers's experiences on how they tag-of-war on the price of commodities they had produced to the informal financial providers. We also mentioned that the "significant financial problem faced by farmers in agriculture is the limited access to formal credit and insurance services." This is also based on a related study in India.  The state bank wants financing services more accessible to farmers at a low interest rate and minimal requirements. The small farmers and fishermen, agrarian reform beneficiaries (ARBs), and micro, small, and medium enterprises (MSMEs) are those target clients to benefit from the offer of ...

President Marcos Jr. encouraged fishermen and farmers to enroll their farms in the Department of Agriculture's (DA) extensive insurance program during his speech on Friday at the distribution of Certificates of Land Ownership Award (CLOAs) and Certificates of Condonation with Release of Mortgage (COCROMs) in Isabela. The program was issued under the Philippine Crop Insurance Corporation and covers all types of crop production, livestock, and fisheries. "Ito pong insurance na ito sa mga pananim o kagamitan sa pangingisda ay napakahalaga, lalung-lalo na sa mga rehiyon na madalas tamaan ng bagyo o kalamidad,” President Marcos Jr. emphasizes the provision that farmers can get from the program on the report of PCO . The PCIC insurance programs are greater behind the crops, livestock, and equipment because they also offer Credit and Life Term Insurance. This offer gives protection to agricultural producers, fishermen, and other agricultural stakeholders, including their family memb...

Cashmum is one of the online lending applications in the Google Play Store that offers non-collateral loans. They will give you a fascinating, smooth deal with your approved loan. However, same with our reviews from other OLAs (online lending apps), non-collateral and fast-approvable loans offered by the lenders online have a counter return to their clients, such as the high interest fee, processing fee that is greater than the interest, and other miscellaneous. Cashmum App and cashmum.ph are operated by Cashmum Lending Investors Corporation with issued Company SEC registration number CS202102336 on February 26, 2021. In the Google Play as of November 22, 2024, the CashMum application has 10,000+ downloads and 42 reviews at 2.6 ratings, which is poorer to recommend. Let's dig deeper into the reality of this online lending app.   Is Cashmum legit or not?  Don't worry, Cashmum is a legitimate online lending application because they are a SEC-registered company wit...

Blockchain technology has been gaining momentum since its inception in 2008, initially developed as the backbone of Bitcoin, and has evolved into a versatile platform with far-reaching implications. Blockchain is a decentralized, digital ledger that records transactions across a network of computers, allowing multiple parties to access and update information in real-time. The blockchain consists of blocks, a collection of transactions verified and linked together, forming a permanent and unalterable record. A decentralized network of nodes validates and updates the blockchain, using advanced cryptography for security. Transactions are initiated, verified by nodes, combined into blocks, and linked to the previous block, creating the chain. The benefits of blockchain include security, transparency, efficiency, and trust, making it an attractive solution for various industries. Blockchain has real-world applications in finance, supply chain management, healthcare, voting system...

Filipino scientists discovered a new plant species in Mindanao. The new species of Ginger is facing extinction due to human activities such as road expansion and land conversion, where some are found growing in areas that are not protected. Etlingera lacerate Naïve (Alpinieae, Zingiberaceae), a new ginger species discovered by M.K. Naive et. al is closely related to Etlingera philippinensis through observation in some characteristics their differences can easily be distinguished such as having a smaller habit, broadly ovate ligule with sub-truncate apex, 2-3 mm long petiole, oblanceolate leaf lamina with long attenuate apex and narrowly obovate labellum with lacerate margin.  The study also reported this Ginger Species is endemic to Mindanao Island, "this species is known solely from its type locality in Zamboanga del Norte, located in Western Mindanao, and in Surigao del Norte and Surigao del Sur in Eastern Mindanao, and rhizomes of ginger are edible to consume according to the...

Election is the autocratic time for a nation, the dramatic, and the chance to select the next best leader for a national and local government. In the Philippines so many cases of vote buying, hijacking, blocking of ballot case delivery and vote manipulation results. Smartmatic is a company provider of electoral materials such as vote-counting machines and materials. The results will be automatically directed to the main office of Commission on Elections (COMELEC) but this system still uses paper, pen and the actual presence of voters in the precinct.  Blockchain technology will change the system into a decentralized voting system, that can't be hijacked, can't be altered or hacked, and can't be manipulated. This Blockchain Voting system will help to solve the problem of untrustworthy National and Local election results. How it's going to work and how to build our Nation with integrity and reputation?  The Department Of Information And Communications Techno...