Embracing the Digital Age: The Cashless Revolution in Manolo Fortich, Bukidnon

COURTESY: SAYU/PIA-10

In recent years, the global shift towards digital transactions has gained momentum, driven by the need for efficiency, security, and inclusivity. In the Philippines, the municipality of Manolo Fortich, Bukidnon, stands at the forefront of this transformative movement. Partnering with the Bangko Sentral ng Pilipinas (BSP), Cagayan de Oro Branch, and the Department of the Interior and Local Government (DILG), the local government has launched the Paleng-QRPh Plus program. This initiative marks a significant milestone, making Manolo Fortich the first municipality in Mindanao to adopt this cutting-edge digital payment system. In this blog post, we will explore the multifaceted benefits and implications of this program, emphasizing its impact on local businesses, public health, and community development.

The Genesis of Paleng-QRPh Plus

The Paleng-QRPh Plus initiative was officially launched on January 31 at the Tankulan Public Market, a bustling hub of commerce and community interaction in Manolo Fortich. Spearheaded by the local government and supported by key stakeholders such as the BSP and DILG, this program aims to revolutionize the way transactions are conducted in the public market and local transportation sectors.

Olegario Magahin, Jr., BSP area director, expressed pride in Manolo Fortich's pioneering role in adopting the Paleng-QRPh Plus program. He highlighted that this initiative provides market vendors, sari-sari store owners, and tricab drivers—who traditionally lack access to formal banking services—with the tools to engage in digital transactions. By creating banking-like accounts, these individuals can now deposit, receive, and send money seamlessly. This transition not only promotes financial inclusion but also empowers small business owners to thrive in an increasingly digital economy.

The program's implementation was facilitated by the passage of Ordinance No. 2024-2121, authored by Municipal Councilor Christy Leparto-Salabe and supported by Councilors Elzevir Dagunlay and Raquel Abales-Bayacag. This legislative effort underscores the municipality's commitment to fostering digital payments and underscores the belief that cashless transactions will significantly benefit local business owners.

Transforming Local Commerce and Public Health

The adoption of the Paleng-QRPh Plus program is poised to transform commerce in Manolo Fortich by promoting cashless transactions. By eliminating the need for physical cash, the program reduces the risk of scams and counterfeit money, ensuring that business owners receive the correct and exact payment for their goods and services. This newfound security provides peace of mind to vendors like fruit seller Nellyn Malayan, who expressed gratitude for the convenience and protection offered by the program.

Moreover, the transition to cashless transactions has significant implications for public health. In the wake of global health challenges, minimizing physical contact through digital payments can help limit the spread of infectious diseases and viruses. The local government recognizes this potential and believes that promoting cashless transactions contributes to the overall well-being of the community.

To support seamless digital transactions, the LGU has collaborated with the Department of Information and Communications Technology (DICT) to provide a robust public wifi system within the municipal hall premises. Additionally, the local government unit (LGU) ensures that the public market area is equipped with reliable internet connectivity, facilitating smooth and efficient transactions.

Advancing Economic Growth and Financial Inclusion

The Paleng-QRPh Plus program aligns with Manolo Fortich's broader vision of adapting to the digital age and fostering economic growth. Vice Mayor Reynaldo Bagayas, Jr., representing Mayor Rogelio Quiño, emphasized the municipality's commitment to enhancing business efficiency and ensuring that stakeholders receive value for their transactions. The program's emphasis on exact payments and secure digital transactions positions Manolo Fortich as a leader in digital transformation.

The municipality's efforts have not gone unnoticed on the national stage. Manolo Fortich's ranking among the Most Business-Friendly Municipalities in 2024 and its consecutive awards of the Seal of Good Local Governance (SGLG) highlight its dedication to creating a conducive environment for business and development. By embracing digital payments, the municipality sets a precedent for other regions to follow, showcasing the potential for technology to drive economic progress.

Furthermore, the Paleng-QRPh Plus initiative promotes financial inclusion by offering individuals who are excluded from the formal banking system the opportunity to participate in the digital economy. Tricycle drivers, market vendors, and sari-sari store owners can now access banking-like services, enhancing their economic opportunities and improving their quality of life.

A Vision for the Future

As Manolo Fortich continues to embrace the digital age, the municipality's leaders envision a future where cashless transactions become the norm, laying the foundation for a more inclusive and prosperous community. The Paleng-QRPh Plus program serves as a testament to the power of collaboration between local government units, national agencies, and private sector partners in driving meaningful change.

BSP Area Director Magahin expressed gratitude for the LGU's support in sharing the vision of revolutionizing the way Filipinos conduct transactions. He emphasized that this initiative represents a significant step towards a cash-supplied Philippines, enhancing financial inclusion and promoting economic growth.

Looking ahead, the success of the Paleng-QRPh Plus program in Manolo Fortich serves as a model for other municipalities seeking to embrace digital payments. By leveraging technology to empower local businesses and enhance public health, Manolo Fortich demonstrates the transformative potential of cashless transactions. As the community continues to thrive in the digital era, the Paleng-QRPh Plus program stands as a beacon of progress, inspiring others to embark on their own journeys towards a cashless future.

The launch of the Paleng-QRPh Plus program in Manolo Fortich, Bukidnon, marks a significant milestone in the municipality's journey towards digital transformation. Through strategic partnerships, forward-thinking legislation, and a commitment to financial inclusion, Manolo Fortich sets a precedent for other regions to follow. By embracing cashless transactions, the municipality not only enhances economic opportunities but also safeguards public health, paving the way for a brighter and more resilient future.

Gaisano City El Salvador: A Groundbreaking Journey Towards Modern Progress

COURTESY: Kagawad Llewol Lim Labis

A Historic Day Unfolds

On this momentous occasion, the city of El Salvador, Misamis Oriental, celebrates a significant milestone—the groundbreaking ceremony for the upcoming Gaisano City. This event not only symbolizes the commencement of construction for a modern shopping destination but also serves as a beacon of hope for the local community. As we delve deeper into the implications of this groundbreaking event, it becomes clear that local government officials and community leaders envision a brighter future for El Salvador.

The anticipation surrounding this project is palpable. Many residents expressed excitement, reflecting on how Gaisano City will influence their lives. It is essential to recognize that this development goes beyond mere bricks and mortar; it signifies a transformation in the community's economic landscape. A modern shopping destination serves as a catalyst for business growth, job creation, and ultimately, economic revitalization. As the ceremony drew numerous attendees, the atmosphere resonated with optimism and collective enthusiasm.

Community Engagement and Support

Fundamentally, the success of Gaisano City relies heavily on the community's engagement and support. Local government officials have proactively reached out to residents, conducting informational sessions to involve them in the process. They emphasize transparency and inclusivity, encouraging feedback and suggestions from the community. This collaborative spirit fosters trust and solidarity, ensuring that the voices of the people are heard and considered throughout the project's development phases.

Moreover, businesses in the area are beginning to recognize the potential benefits that Gaisano City will bring. Local entrepreneurs see this as an opportunity to expand their horizons, as the new shopping destination will likely draw foot traffic and stimulate consumer spending. The upcoming development not only promises enhanced shopping experiences but also provides a platform for local vendors to thrive alongside larger retailers. This shared growth emphasizes the interconnectedness of community members and their mutual commitment to progress.

Economic Opportunities on the Horizon

Another vital aspect to consider is the employment opportunities that Gaisano City will create. With the projected influx of shoppers and visitors, the demand for a skilled workforce will rise. Construction jobs will emerge during the building phase, followed by numerous positions within retail, customer service, and management once the shopping center opens. This prospect of job creation is particularly relevant for the youth of El Salvador, who often seek stable employment options.

Furthermore, the establishment of a modern shopping destination will promote economic diversity within the community. As Gaisano City attracts a variety of retailers, it will foster competition and incentivize local businesses to upscale their offerings. This competitive environment enhances the overall shopping experience for consumers, compelling businesses to innovate and cater to their customers’ evolving needs. Therefore, Gaisano City not only heralds the arrival of new opportunities but also cultivates a vibrant economic ecosystem.

Envisioning a Brighter Future

Reflecting on the groundbreaking ceremony, it is evident that Gaisano City represents not just a development project but a transformative journey for El Salvador. As leaders, entrepreneurs, and community members unify their efforts, they are paving the way for sustained economic growth and enhanced quality of life. This newfound synergy nurtures a sense of pride among residents, as they actively participate in shaping their community's future.

The groundbreaking of Gaisano City El Salvador ushers in a new chapter full of potential and promise. It stands as a testament to the collective commitment of local stakeholders to foster economic prosperity and communal well-being. As we look forward to the unfolding developments, let us remember to stay engaged and involved in this significant transformation. Together, we can build an enriched and prosperous future for El Salvador, one milestone at a time.