Opinion 12/7/15 (Philippines, presidential elections, literacy, AIDS, donations, Comelec)
Inquirer on Filipinos and literacy
Only one in four adult Filipinos is considered financially literate, or understands basic concepts such as interest rate, inflation, savings and debt. This fact highlights the difficult task of both the government and the private sector in expanding public access to financial services. [...] According to a survey done by international credit watchdog Standard & Poor’s Ratings Services, two-thirds of adults globally are financially illiterate, with only one in three, or 31 percent, showing an understanding of basic financial concepts. [...] Among the Southeast Asian countries included in the survey, Singapore has the highest financial literacy rate at 59 percent, and Cambodia the lowest at 18 percent. Vietnam is the only other economy to score lower than the Philippines at 24 percent. [full text]
Sun.Star Cebu on HIV/AIDS
Manila Bulletin about millionaires and donations
Despite the clash of policies and strategies, stakeholders must focus on a single goal: helping those at risk of HIV and Aids. [...] The country, with its increase of HIV cases, stands out as an “anomaly” when compared against the global trend of the diminishing spread of HIV. The social stigma figures prominently in derailing stakeholders from making significant inroads in testing, detecting and treating HIV and Aids. [full text]
Manila Bulletin
In 2010, Zuckerberg, Gates, and Buffett signed what they called “The Giving Pledge,” in which they promised to donate to charity at least half of their wealth over the years and invited others among the wealthy to also donate at least 50 percent of their wealth to charity. [full text]
Philippine Star on Comelec and elections
The chairman of the Commission on Elections has a wish: that with the 2016 general elections just five months away, the poll body would be consulted before the Supreme Court stops the implementation of crucial Comelec programs. This, of course, is like wishing for the moon. [full text]