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	<title>Randell Tiongson &#187; ernest cu</title>
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	<description>Life and Personal Finance</description>
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		<title>Globe wants what???</title>
		<link>http://www.randelltiongson.com/globe-wants-what/</link>
		<comments>http://www.randelltiongson.com/globe-wants-what/#comments</comments>
		<pubDate>Wed, 23 Dec 2009 17:21:36 +0000</pubDate>
		<dc:creator>Randell Tiongson</dc:creator>
				<category><![CDATA[Random Remarks]]></category>
		<category><![CDATA[ernest cu]]></category>
		<category><![CDATA[financial literacy]]></category>
		<category><![CDATA[financial planning]]></category>
		<category><![CDATA[globe telecom]]></category>

		<guid isPermaLink="false">http://www.randelltiongson.com/?p=510</guid>
		<description><![CDATA[&#8220;It&#8217;s important to know how our prepaid customers think. If you&#8217;re a telco, how do you convince a farmer to spend his money on prepaid load over food?” – Ernest Cu, President and CEO of Globe Telecoms From http://www.abs-cbnnews.com/business/12/19/09/getting-know-sophisticated-prepaid-user What &#8230; <a href="http://www.randelltiongson.com/globe-wants-what/">Continue reading <span class="meta-nav">&#8594;</span></a>]]></description>
			<content:encoded><![CDATA[<p><strong><em>&#8220;It&#8217;s important to know how our prepaid customers think. If you&#8217;re a telco, how do you convince a farmer to spend his money on prepaid load over food?” – </em>Ernest Cu, </strong>President and CEO of Globe Telecoms</p>
<p>From <a href="http://www.abs-cbnnews.com/business/12/19/09/getting-know-sophisticated-prepaid-user">http://www.abs-cbnnews.com/business/12/19/09/getting-know-sophisticated-prepaid-user</a></p>
<p>What was that? Globe wants to convince farmers to spend their money on prepaid load over food? Did I read that correctly? Whatever happened to business ethics, corporate social responsibility or just plain decency? I know that profit is the main reason for business, but this is another issue and it’s absolutely, well… wrong!</p>
<p>Poverty is the country’s biggest problem; lack of financial literacy is a leading reason why poverty is very difficult to battle &#8212;  then we have corporate giants who even brag about how they want to milk us Pinoys the limited money we have.</p>
<p>This makes me even more passionate about the advocacy to bring financial literacy to Pinoys! Hmmm, maybe I should also change my telecom provider.</p>
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