One worthy model would be the Smart Asset Managers, born out of a concern to reach out to filipinos from around the world, comes a program where one can save & earn at same time, simply by subscribing.
The Philippine-born Australia-based SAM founder and entrepreneur Rommel Santos said that his company, is a subscription-based firm that aims to revert to the conventional method of entrepreneurial journey through sharing economy and this means that he also pushes for the creation of a cooperative wherein every subscriber automatically becomes a member of a coop.
Under Republic Act 6939 that created the Cooperative Development Authority (CDA)....the State shall recognize cooperatives as associations organized for the economic and social betterment of their members, operating business enterprises based on mutual aid, and founded upon internationally accepted cooperative principles and practices.”
It is in this premise that Santos wants SAM subscribers covered by a cooperative. “I want Filipinos to benefit from whatever profit SAM will gain,” he says. For now, a subscriber of 300USDT gets rewarded of up to 15% monthly distributed daily to his SAM E-wallet account. It entails pre-development capital raising.
With a subscriber’s coop membership, he then has the sense of ownership or belongingness. Another is for Filipinos to have the income opportunity or beneficiaries are the general public.
Although SAM is Melbourne Australia-registered, it will soon have a grand launch in the country after settling all its amenabilities and formalities with the Philippine government.
Santos says that Smart Asset Managers Project Developments (SAMPD), wants to disrupt a long-going business practice of some foreign companies operating in the Philippines “where they write off or deduct their taxes by bringing out money from the Philippines to avoid paying appropriate local taxes.”
“This should not be the case. Let the benefit go where it should,” he explains. “We are not after any tax holidays, tax breaks or tax reliefs.” Santos has long announced that he wanted to contribute to bring positive changes to Filipinos’ financial state.
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Madhubhandari is the Founder and Chairman of Consta Group, One of the UAE’s leading conglomerates with diversified interests in telecom, Insurance, Real estate, Agri and Food, Water, Transport in addition to other ventures. He has joint ventures with several global leaders- COOP Cab, E-dukan on Rent, and others.
ReplyDeleteMadhu Bhandari has been the pioneer of Real Estate in the UAE and also started his career journey. He is the Managing Director of MBC Realty, MBC Realty has emerged with only one purpose in mind to help you sell, purchase, give or take an office on the lease, warehouses, shops, or any other kind of commercial premises you have in mind.
Madhu Bhandari brings German-based laboratory GENETIC DNA TESTING in the facilitation with AAHN and GERMANY and also launched Five Elements-based product which changed the LIFE and made a healthier body by the name of SWAFE (Space, Water, Air, Fire & Earth).