Embracing the digital era, the Philippines is prepared for a future that revolves prominently around digital technologies, particularly within the sphere of financial transactions.
This readiness is underpinned by the remarkable growth observed in the utilization and acceptance of digital payment methods over the past five years, a transformation keenly monitored and facilitated by the Bangko Sentral ng Pilipinas .
In the lens of entrepreneurship, financial literacy and inclusion contribute greatly to financial wellness, encompassing factors such as sustainable cash flow, profitability, debt management, savings and investments. With financial wellness, they become better equipped to withstand economic uncertainties, invest in growth opportunities and contribute to job creation.
It is crucial to discern which facets of your business consume your time, profit and resources and evaluate if they can be replaced or optimized. Fortunately, technology-driven tools exist to streamline operations, freeing entrepreneurs to concentrate on growth and expansion. Entrepreneurs’ behavior in adopting resources, particularly tech-enabled financial tools, is crucial to achieving financial stability. With the adoption of QR Ph growing positively, more and more MSMEs will soon, if not yet, demand digitized financial services that provide them with comprehensive yet simple capabilities so they can unlock their full potential and pave the way for scalable growth.
Ex-president Rody Duterte’s admission of wanton killings during his Davao City mayoralty dented his daughter VP Sara’s political stature.
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