
President Benigno S. Aquino III, accompanied by Trade and Industry Secretary Gregory Domingo, shares the stage with the PPDWE heads of delegation for a group photo during the Asia-Pacific Economic Cooperation (APEC) Women and the Economy 2015 Fora Public Private Dialogue on Women and the Economy (PPDWE) at the Reception Hall of the Philippine International Convention Center (PICC) in Pasay City on Thursday (September 17), with the theme: “Women as Prime Movers of Inclusive Growth.” The Fora supports the Policy Partnership on Women and the Economy by gathering more participation from multi-sector key players from the private sector, academia, and civil society for dialogue and exchange of learning and best endeavors to advance gender integration, gender equality and women’s economic empowerment agenda in APEC. (MNS photo) MANILA (Mabuhay) – The Philippines is looking at starting an initiative that would allow micro, small, and medium enterprises (MSMEs) to apply for financing using their record in paying monthly electricity and water dues as credentials. Department of Trade and Industry Nora Terrado, chair of the Asia Pacific Economic Cooperation (APEC) Women and the Economy 2015 Fora, said this proposal conforms with the Policy Partnership on Women and the Economy (PPWE) 2015-2018 Strategic Plan that “supports the integration of gender responsive policies to further advance women’s empowerment and gender equality.” In the Philippines, more than 60 percent of MSMEs are owned by women. Terrado highlighted the need for the informal sector to build credentials “because most of them don’t have bank accounts.” One of Read More …