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Firms urged to adopt inclusive business models

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The Board of Investments (BOI) hopes to offer additional nonfiscal incentives to companies that will adopt “inclusive business” (IB) models or engage in activities that will ease the problems of the poor through the creation of jobs and income, and by providing affordable and relevant services to improve their quality of life.

Posted: October 3rd, 2014 in Headlines | Read More »

Gov’t raises 2014 CCT program budget to P63B

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The Aquino administration has proposed a much higher budget of P62.6 billion in 2014 for the conditional cash transfer (CCT) program.

Posted: July 24th, 2013 in Editor's Pick,Headlines | Read More »

28M to receive gov’t dole

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Budget Secretary Florencio Abad   INQUIRER FILE PHOTO

State subsidy to the poor via the conditional cash transfer (CCT) program will further go up so that practically all of them are covered in two years’ time, Budget Secretary Florencio Abad said on Monday.

Posted: June 25th, 2013 in Headlines | Read More »

PH looks to MIC for lessons on reducing poverty

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Middle-income countries (MIC) like Brazil and Mexico have enjoyed relative success in reducing their respective poverty levels. Now, Philippine policymakers are looking to these countries to make sure that the local poor will not be left behind as the economy grows.

Posted: June 18th, 2013 in Headlines | Read More »

World Bank hails conditional cash transfer program

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world bank

The World Bank Bank said Friday the conditional cash transfer (CCT) program, for which the Philippine government spends a huge amount in monthly subsidies to the poor, is so far proving to be a worthy investment.

Posted: March 1st, 2013 in Latest Business Stories | Read More »

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