Philippine Financial Summit 2019: Get Linked

Wazzup Pilipinas!

Now on its third year, UP Junior Finance Association is here to bring finance closer than ever to the Filipino youth through Philippine Financial Summit 2019: Get Linked!

PFS 2019 is a five-part nationwide series of activities and talks geared towards promoting financial literacy and inclusion by equipping students and young professionals across different background with the tools needed to effectively utilize financial services.

Join us as we wrap up our series of financial summits with Philippine Financial Summit: Manila Chapter, the first ever FinTech Convention for the Youth. Grab the opportunity to learn more about the many exciting opportunities with financial technology and how it can be used to achieve financial inclusion from our lineup of notable speakers this March 23, 2019 at the Philippine International Convention Center.

Get to learn from titans in the FinTech industry with speakers such as Lito Villanueva, FinTech Alliance Chairperson; Steve Sy, CEO of GreatDeals Corporation; Jameson Ho, Financial Planning Analyst at TrueMoney Philippines; and Dana Abad, Digital Marketing Analyst at SCI Ventures.

UP JFA aims to break all barriers that may hinder our advocacy from turning into a reality. Given this, we are also offering financial aid for this leg of our event. If you are in need of any assistance, please do not hesitate to send an email to upjfa.pfs@gmail.com.

Take part in our pursuit of financial literacy and inclusion for the nation! Sign up now at:

https://tinyurl.com/PFS2019Reg

#GetLinked


Event Details

Date: March 23
Time: 9 am – 5pm, Registration opens at 8am
Venue: PICC

RSVP now at https://tinyurl.com/PFS2019Reg!

For more details, you may visit https://www.facebook.com/UPJFAInvstMonth/. For inquiries, please send us an email at upjfa.pfs@gmail.com

Presented by UP JFA, COL Financial, and SharePHIL

Co-presented by SunLife Financial and Mynt

Our Official Media Partners: ANC, Startup Baguio, SparkUp, WheninManila.com, Astig.ph, DZUP, Wazzup Pilipinas, Manila Bulletin, Page One, RX Monster Radio, Wave 89.1

Special Thanks to Le Charme Suites - Subic, Nature Health PH Inc., Del Monte Philippines, D&L Industries, Nescafe, Milcu, Forms International, and Mondelez




Featuring AltPayNet, First Circle, Beebeelee, Tala, SeedIn, Okex, PearlPay, UpBuilds, Bughaw Digital and Maybank




In partnership with FinTech Philippine Association, Department of Information and Communications Technology, FinTech Alliance Philippines, Unionbank, and Bangko Sentral ng Pilipinas




Endorsed by the Commission on Higher Education and the Department of Information and Communications Technology

DOE: Use Energy Wisely As World Price Fluctuates

Wazzup Pilipinas!

Recent world events have once again caused the increase of oil prices in the local market. The Department of Energy (DOE) has observed the continuing decline of oil production by members of the Oil Petroleum Exporting Countries (OPEC), as well as by countries outside of OPEC.

Saudi Arabia, with its large contribution to world oil supply, has steadily reduced its crude oil production by 336,000 barrels per day (B/D) this March, bringing the total OPEC reduction to around 1.6 million B/D as of March 2019. Further cuts on exported crude oil from Saudi Arabia are expected in April 2019, with the announced reduction of an additional 635,000 B/D.

Actions by the United States, with the imposed sanctions on Venezuela and Iran have also affected world oil prices including the impending Iran export waiver expiring in April, affecting a further reduction of crude oil supply by around 1.1 million B/D. This has already resulted in recent cuts of U.S. oil reserves, causing the overall increase in crude prices.

In the East Asian region, scheduled shutdowns due to the maintenance of oil processing facilities in Japan (JXTG Nippon Oil & Energy) and China (Sinopec) are also expected to contribute in the further reduction of oil supply.

DOE Secretary Alfonso G. Cusi said, “The nation, along with the majority of the globe, is facing the realities of socio-political turmoil in oil-producing countries, which, sadly, results in fluctuations of oil prices. I cannot stress enough that, as an oil importing country, our market is susceptible to these effects, and it is up to us as a nation how we handle this challenge.”


ENERGY EFFICIENCY AND CONSUMER POWER OF CHOICE

Meanwhile, Energy Chief reiterated that despite the price adjustments in the world market, the consumers must continue to utilize energy efficiently and exercise their power of choice to enhance more competition in the retail level.

“The retail prices and services per retail station are different. Our consumers must compare the prices and services and choose the retail station that provides the best products and services that suit their needs,” Secretary Cusi explained.

He added, “Everyone must be aware of their respective energy consumption habits and continue to observe an energy efficient lifestyle, whether we have fuel price increases or not.”

“The DOE will continue its oil price and fuel quality monitoring activities,” the Energy Secretary concluded.

E-powered EnerKids

Wazzup Pilipinas!

The Department of Energy – Consumer and Welfare Promotion Office (DOE-CWPO) in partnership with the Girl Scouts of the Philippines (GSP) conducted an Energy Consumer Education for Students, known as “EnerSmart” on Tuesday (19 March) at the DOE Training Room.

Around 30 Grade 5 EnerKids from the different GSP Councils of Lipa City, Batangas, and Pangasinan attended the lecture to appreciate the value of energy in their everyday lives.

Students were shown various rock samples to illustrate the process of energy resource development. Thereafter, they had the opportunity to visit and explore the lighting and appliance testing, geoscientific research and fuel testing laboratories.

The activity was concluded with the EnerKids’ Pledge of commitment to adopt energy efficiency and conservation measures.

Energy Secretary Alfonso G. Cusi places the EnerSmart program as an important activity of the DOE in order to increase the awareness of younger generation Filipinos on the importance of energy in their lives. “We want our children to participate in public debates on national energy programs and policies,” Sec. Cusi stated. 

“Our strategic partnership with the Girl Scouts of the Philippines will accelerate the awareness and will further empower the country's young women and children on energy matters,” Sec. Cusi concluded.