First, the good news: According to the World Bank, a little more than half or 51 percent of Filipino adults now have financial accounts, a jump from just 34 percent in 2017 and driven mainly by the widespread adoption of digital payments amid the lingering COVID-19 pandemic. “The digital revolution has catalyzed increases in the access and use of financial services across the world, transforming ways in which people make and receive payments, borrow, and save,”
Newly-appointed Justice Secretary Jesus Crispin Remulla made a damning admission on his first day in office. He publicly confessed that three agencies under his department are infested with corrupt syndicates. He identified them as the Land Registration Authority (LRA), Bureau of Immigration, and Bureau of Corrections. With his revelation, Remulla has presented the yardstick by which his success or failure will be measured. Will the syndicates survive, thrive, wither, or hibernate under his reign? The scourge of syndicates has always been present in every government department in every administration. They’re like barnacles attached to government agencies, and they certainly need to
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