Daily Tribune (Philippines)

Small retail stores to recycle plastic

PCEx incentiviz­es women-owned sari-sari stores to become collection points for post-consumer plastic waste

- Sari-sari

The Plastic Credit Exchange (PCEx), the country’s first homegrown global non-profit plastic offset organizati­on, together with the City of Manila, and with the support of the PepsiCo Foundation recently introduced the Aling Tindera waste-to-cash program.

Along with their teams, PCEx founder Nanette Medved-Po and Manila Mayor Isko Moreno Domagoso signed a memorandum of agreement to roll out 100 network partners over three years covering all of the city’s 897 barangays.

Under the Aling Tindera program, PCEx incentiviz­es women-owned stores to become collection points for post-consumer plastic waste and establishe­s the community infrastruc­ture for the aggregatin­g, storing and efficient transport of the waste to partner processing facilities.

Added income for SME

Among the benefits of the project are: increased income opportunit­ies for women micro-entreprene­urs and city residents; a more organized informal sector of waste collectors; cleaner environmen­ts and improved health.

“We couldn’t be happier to work with the Mayor and his team who have passionate­ly demonstrat­ed their commitment to the improvemen­t of Manila. We hope that our program will have a positive impact on the City’s citizens and on the environmen­t that we all share,” Medved-Po said.

Community effort needed

“PepsiCo realizes no single organizati­on or industry can solve the plastic waste challenge on their own. That is why we’re working with PCEx and communitie­s in Manila through the Aling Tindera program to accelerate systemic change and meaningful progress through collaborat­ive, holistic and sustainabl­e solutions in the Philippine­s,” PepsiCo corporate affairs head for the Philippine­s and Asia Anne Marie Corominas emphasized.

 ?? PHOTOGRAPH COURTESY OF PSE ?? IPO bandwagon The Philippine Stock Exchange Inc. (PSE) hosted a ceremonial bell ringing for the listing by way of introducti­on of Altus Property Ventures Inc. (APVI). The company was officially listed in the PSE on 26 June 2020. APVI had an initial listing price of P10.10. On 1 July 2020, APVI’s share price closed at its highest level at P42.10. At the ceremony from left by row are Faraday D. Go, APVI Director; Atty. Roel A. Refran, PSE COO; Kerwin S. Tan, APVI Treasurer and Compliance Officer; Frederick D. Go, APVI Chairman and President; Ramon S. Monzon, PSE President and CEO; Renee D. Rubio, Securities Clearing Corporatio­n of the Philippine­s COO; Atty. Rosalinda F. Rivera, APVI Corporate Secretary; Anna Katrina C. De Leon, APVI VP Controller; Cora Ang Ley, APVI Director; and Rachelle C. Blanch, PSE VP and Market Operations Head.
PHOTOGRAPH COURTESY OF PSE IPO bandwagon The Philippine Stock Exchange Inc. (PSE) hosted a ceremonial bell ringing for the listing by way of introducti­on of Altus Property Ventures Inc. (APVI). The company was officially listed in the PSE on 26 June 2020. APVI had an initial listing price of P10.10. On 1 July 2020, APVI’s share price closed at its highest level at P42.10. At the ceremony from left by row are Faraday D. Go, APVI Director; Atty. Roel A. Refran, PSE COO; Kerwin S. Tan, APVI Treasurer and Compliance Officer; Frederick D. Go, APVI Chairman and President; Ramon S. Monzon, PSE President and CEO; Renee D. Rubio, Securities Clearing Corporatio­n of the Philippine­s COO; Atty. Rosalinda F. Rivera, APVI Corporate Secretary; Anna Katrina C. De Leon, APVI VP Controller; Cora Ang Ley, APVI Director; and Rachelle C. Blanch, PSE VP and Market Operations Head.

Newspapers in English

Newspapers from Philippines