Angkas seeks recognition of informal sector workers
Motorcycle taxi provider Angkas, operated by DBDOYC Inc., is seeking formal recognition of informal sector workers to allow them access to benefits such as financial services that employees in the formal sector enjoy.
In a news release, Angkas CEO George Royeca said informal sector workers "have long been contributing to the country's economy, but do not have the same access to benefits that members of the formal sector do."
"The informal workers, such as boatmen, masseuses, and habal-habal drivers, are already working, but without the help of the government and financial services, and proper access to a lot of these different benefits. What's missing are policies in our economy that recognize them," said Royeca.
"Through recognizing the informal sector, we could reinforce their work, significantly boost the economy, and uplift millions of Filipinos almost overnight," he said.
The Angkas chief urged policymakers and business persons to recognize and empower the informal sector, citing its transformative power.
"There's been significant learning in understanding the potential of the informal sector. When you give it the recognition that it deserves, the potential that you can get from them is close to limitless," Royeca said.
He added that obtaining the government's support is essential for this process.
Royeca cited legitimizing motorcycle riders, especially from the informal sector of habal-habal or the two-wheel "colorum" service.
Alongside access to government benefits, he stressed the need to provide avenues for economic mobility and fostering financial literacy.
"On top of the infrastructure, which we know is being taken care of by the private sector, let's take a look at the human aspect, the human capital and how do we make them informed and empowered members to strive in this economic ecosystem," he said. — VDV, GMA Integrated News