MANILA, Philippines (The Adobo Chronicles, Manila Bureau) – “I don’t have any loose change” can no longer be an excuse not to give to panhandlers.
While it may be true that more and more people don’t carry cash in their purses these days and instead pay with plastics and online apps, beggars have also become more enterprising.
From Shanghai to Manila, panhandlers have become high-tech, using QR codes to identify themselves and to solicit for loose change, or in some cases, small bills.
In Manila, where, like in most of the Philippines, GCash has become the top choice for cashing in our out.
So when traversing the streets of Manila, don’t be surprised to see a woman with baby in tow, or a little child asking for some financial help using her GCash QR code. Your contribution goes directly into her account — or possibly— into the account of her “boss.”
MANILA, Philippines (The Adobo Chronicles, Manila Bureau) – It’s good. It’s bad. No it’s good. No it’s bad.
This sums up the latest pronouncement from the Philippine Statistics Authority on the country’s inflation rate.
Mathematicians may have their own magic potion to understand numbers, but the ordinary Filipinos don’t.
In a single post/graphic, PSA proudly announced that the country’s inflation rate for April this year improved to 6.6.% compared to last March’s 7.6%. But it proceeded to remind Filipinos that in April last year, the inflation rate was 4.9%. Then, it summarizes the post to say that the average inflation rate from January to April this year was 7.9%.
MANILA, Philippines (The Adobo Chronicles, Manila Bureau) – There is a new world currency brewing and it’s not the U.S. dollar nor the BRICS currency being planned by Brazil, Russia, India, China and South Africa.
Rather it is the currency being used by Argentina, Chile, Colombia, Cuba, the Dominican Republic, Mexico, the Philippines and Uruguay — the peso.
The Bangko Sentral ng Pilipinas (Central Bank of the Philippines) is very excited about the peso initiative. “It will make the Philippines competitive in the world market,” a BSP spokesperson told The Adobo Chronicles.
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