Connect with us

NewsMakers

Entrepreneurship is key to financial stability and freedom

With the proper support, from her family and friend, from her workplace, from the government, and from financial institutions, the Filipina entrepreneur is truly poised and ready to show the world that she indeed rules.

Published

on

Financial stability and freedom are desirable and achievable goals for the modern Filipina, both in the city and the countryside.

During the recently concluded media roundtable #SHERules: Filipinas Who Change The Way We Do Business, hosted by online financial marketplace eCompareMo.com, female experts in the fields of financial literacy, entrepreneurship, and government programs expressed confidence that success isn’t just achievable for the Filipina entrepreneur but desirable for her, her loved ones, and even the country’s economy.

Financial literacy advocate Dr. Daniela Laurel, PhD.; Camille Villar, managing director of Vista Land and Lifescapes; and Assistant Secretary Blesila A. Lantayona of the Department of Trade and Industry Regional Operations Group (DTI-ROG), expressed confidence that success isn’t just achievable for the Filipina entrepreneur but desirable for her, her loved ones, and even the country’s economy.

According to Dr. Laurel, women need to move from having financial freedom—having a source of active income and no debt—to financial stability, where they have active and passive income, and are also able to invest in the future. This is a benefit that many women recognize that they can achieve by going into business.

“Women are better money managers than men, especially in tough times,” shared Dr. Laurel, who is also a news anchor and segment producer at One News Network Philippines. “We know how to sacrifice for the long haul, we know how to work hard and to reap the benefits and stability. In the long term, managing our finances empowers us, but it’s not just a money thing. The difference between us and men is that we also use money to nurture and mother.”

Villar, also the daughter of business tycoon Manny Villar, spoke on the benefit of having a supportive environment and role models, to changing the mindset of Filipina’s from “can’t do to can do.”

According to Villar, it was being immersed in the world of business at a young age, with both her parents working on building the family business that influenced her own thinking. She believes that businesses that nurture and support women can help change the workplace culture and allow women to have more confidence and excel.

“I’ve had the experience of being in a table with male CEOs and they look at me like I should be in the table of the wives. Or they ask me question like, ‘What’s your favorite store?’ or ‘Where do you like to shop?’, like I don’t manage my company,” shared Villar.

“It’s something you have to overcome, and you just have to tell yourself that, ‘I’m going to prove them wrong. I belong here. I know just as much as all of them. I work hard and I know what I’m talking about’ and not to be intimidated and not allow preconceived notions or gender bias to hinder you from making your way to the top brass and managing your own company,” she said.

According to Assistant Secretary Lantayona, getting more women owning and running successful small and medium enterprises is key to the country’s economic growth.

“Women pay an important role in the Filipino economy. They make up 50% of the labor force,” she said.

“Entrepreneurship is the key to empowering women and making women contribute to a more inclusive and stable growth. As such, the Philippine government has developed measures to support women entering into business,” she added.

The Asec shared some of the government initiatives that women seeking to get into business can take advantage of are: the Great Women Project, where the DTI works with women run businesses to help them enter the global market; the Shared Services Facilities program, wherein small and medium enterprises in the countryside can get access to free equipment; and the Pondo sa Pagbabago at Pagasenso (P3) Microfinancing Program.

She also emphasized two projects in which countryside entrepreneurs—many who are women—can get the help they need to scale up their businesses and move beyond their localities. The Go Local program with major retailers, where products from countryside SMEs are displayed and sold in local stores. The products are thus exposed to a wider market, and the SMEs can benefit from the retailer’s feedback on how to make the products more marketable.

There is also the Kapatid Mentoring Program, a 10-module course where countryside entrepreneurs can learn more about running a business—including marketing and financial literacy. The lecturers in this program are actual established entrepreneurs who mentor the participants and provide practical advice on growing one’s business.

“As we have seen and heard today, the three big barriers to female entrepreneurship are the mindset, access to financial information, and access to financing,” said Ched Limson, Chief Operating Officer of eCompareMo.com.

According to Limson, while these barriers may be real, the stories and the lives lived by the guests at #SHERules prove they are not insurmountable.

“eCompareMo.com believes in the power of women and we are determined to do everything in our power to help the Filipina entrepreneur get access to not just the financial services they need, but also help improve financial literacy through events like SHE Rules,” concluded Limson.

With the proper support, from her family and friend, from her workplace, from the government, and from financial institutions, the Filipina entrepreneur is truly poised and ready to show the world that she indeed rules.

Zest Magazine accepts contributions promoting everything about living the good life (and how to make this so). C'mon, give us a yell.

Continue Reading
Advertisement

NewsMakers

Common drug class may increase risk of heart disease

The risk of cardiovascular disease increased in line with how much anticholinergic medication the participants used each year. Those with the highest exposure had a 71 per cent higher risk of a cardiovascular event than people who did not use anticholinergic medication at all.

Published

on

People who use drugs with anticholinergic effects, including certain antidepressants, drugs for urinary incontinence and common antihistamines, are at higher risk of developing cardiovascular disease.

This is shown in a study from Karolinska Institutet published in BMC Medicine.

Anticholinergic drugs reduce the effect of the neurotransmitter acetylcholine and are commonly prescribed to middle-aged and older people. This large group of drugs includes antihistamines used for allergic conditions, anxiety or insomnia, drugs for urinary incontinence, and certain antidepressants, where tricyclic antidepressants have a strong anticholinergic effect, whereas SSRIs have a weaker effect. A high cumulative use of these drugs, referred to as anticholinergic burden (see fact box), has previously been linked to impaired cognitive ability. 

May affect heart regulation 

The new study suggests that the drugs may also affect the parasympathetic nervous system and thereby the regulation of the cardiovascular system. The results show that it may be important to monitor the total drug burden in everyday clinical practice.

The study included more than 500,000 people in Stockholm, Sweden, who were 45 years of age or older and had no prior cardiovascular disease, except for hypertension, at the start of the study. The researchers followed the participants for up to 14 years and analysed how the use of anticholinergic drugs was associated with the development of cardiovascular disease.

“Many of these drugs are used by older people and by people with multiple medical conditions. We wanted to investigate whether the total exposure had any significance for the risk of developing cardiovascular disease over time,” says Nanbo Zhu, postdoctoral researcher at the Department of Neurobiology, Care Sciences and Society, Karolinska Institutet.

71 per cent higher cardiac risk

The study showed that the risk of cardiovascular disease increased in line with how much anticholinergic medication the participants used each year. Those with the highest exposure had a 71 per cent higher risk of a cardiovascular event than people who did not use anticholinergic medication at all. The association was seen for all types of cardiovascular disease but was particularly clear for heart failure and various forms of arrhythmia.

“Our results indicate that the cumulative drug burden can affect heart regulation, not only in the short term but also over the long term. This does not mean that the drugs should always be avoided, but that exposure should be monitored carefully,” says Hong Xu, assistant professor at the Department of Neurobiology, Care Sciences and Society.

The researchers point out that the study is observational, meaning it cannot establish a causal relationship. Other factors, such as underlying diseases, may also influence the associations.

The work was carried out within the Stockholm CREAtinine Measurements project in collaboration between several research groups at Karolinska Institutet and Region Stockholm. The study was funded by the Swedish Research Council, the Center for Innovative Medicine Foundation, and other foundations. Some researchers report assignments for the pharmaceutical industry, which are disclosed in the scientific publication.

Continue Reading

NewsMakers

Mindfulness practices found to significantly reduce depression symptoms, especially for those with early-life adversity

Mindfulness interventions help by regulating our emotions better when different challenges come up. For someone who has experienced childhood neglect or abuse, mindfulness training can help us make sense of that and respond skillfully to this moment in time.

Published

on

A new study reveals that mindfulness practices may significantly reduce depression symptoms, particularly in people who have experienced early-life adversity, such as childhood abuse and neglect.

Led by Eric Loucks, professor of medicine, epidemiology, and of behavioral and social sciences and director of the Mindfulness Center at Brown, the study enrolled 201 participants, 101 of whom were randomized into the Mindfulness-Based Blood Pressure Reduction Program, while 100 were randomized into an enhanced usual care control, which included home blood-pressure monitors, physician access and health-education materials. Researchers also had a measure of participants’ early-life adversity, particularly their exposure to abuse or neglect.

Loucks and his team followed participants for six months to assess changes in blood pressure, health behaviors and mental health, finding that those in the mindfulness program showed significant improvements in their depression symptoms. Additionally, participants who experienced childhood neglect showed greater improvements in depression symptoms than those who had not. A similar, though less pronounced, trend was observed among people with a history of childhood abuse.

“In this program, that was primarily designed to lower blood pressure while addressing whole-person health, we also saw that mental well-being, particularly around depression symptoms, improved in participants that went through the program,” Loucks said. “The findings suggest that cultivating mindful self-regulation skills–such such as self-awareness, attention control and emotion regulation–may help interrupt maladaptive patterns shaped by past experiences.”

Over the last 15 years, Loucks has been studying social determinants of health such as early-life adversity and its impacts on cardiovascular health, body mass index and blood pressure. “I came to a point where I wanted to not just document it, but do something about it, and I wondered if mindfulness training might help,” he said. “I’d gone through a lot of mindfulness training myself outside of work and started to get trained up in mindfulness programs that are specific to health contexts.”

Loucks began to study the Mindfulness-Based Stress Reduction program, running it through two clinical trials that were funded by the NIH and finding that it reduced blood pressure in both trials. He also wanted to look at the intervention from a whole-person perspective.

“If we look at everyday folks out in the world, those that had exposure to early life adversity, like abuse and neglect, tend to have worse mental health and also worse cardiovascular health,” Loucks said. “Mindfulness interventions help by regulating our emotions better when different challenges come up. For someone who has experienced childhood neglect or abuse, mindfulness training can help us make sense of that and respond skillfully to this moment in time.” 

Loucks discussed this work during a keynote address at the U.S. DOHaD Society this year. “It felt like a coming-home moment to see that this intervention, originally developed to address psychosocial factors that influence health, had even stronger effects among people with early-life adversity, particularly on depression,” he said. “It’s been about a 15-year arc of research that culminated in these findings.”

Continue Reading

NewsMakers

High-fiber diet linked to reduced risk of heart disease in night shift workers

A moderate intake of about 19 grams of fibre per day was linked to a lower risk for those who worked night shifts regularly. For those who worked night shifts sporadically, about 15 grams was enough. The current recommendation for adults is about 25 grams of dietary fibre per day.

Published

on

People who work at night have a higher risk of coronary artery disease, a type of heart disease. A new study suggests that a higher fibre intake in the diet may help reduce this risk. The study included over 220,000 adults in the UK and is published in the European Journal of Epidemiology.

The human body is built to sleep at night. This means that working during the night goes against this natural pattern, and can place additional strain on the body, including the heart. Previous research has linked night work to an increased risk of coronary artery disease. Since night work is often unavoidable, the researchers wanted to investigate whether certain dietary habits might have a protective effect.

More fibre associated with lower risk

The researchers used data from 220,000 adults in the UK Biobank (2006–2010) and divided the participants into three groups:

  • Day workers
  • Shift workers who worked night shifts sporadically
  • Regular night shift workers

The participants had completed a detailed questionnaire about their dietary habits. During a follow-up after about 12 years, it was found that night shift workers who consumed little fibre in their diet had a higher risk of coronary artery disease than those who consumed more fibre.

“A moderate intake of about 19 grams of fibre per day was linked to a lower risk for those who worked night shifts regularly. For those who worked night shifts sporadically, about 15 grams was enough. The current recommendation for adults is about 25 grams of dietary fibre per day,” says Diana Nôga, lead author and researcher at Uppsala University.

The researchers stress that the figures from the study are not official dietary recommendations. But they do show a pattern in this UK study: a higher dietary fibre intake was linked to a lower risk of heart disease among night shift workers.

“The link between fibre and a lower risk of heart disease is not just because those who eat more fibre generally have a healthier lifestyle. We know this because we adjusted for various lifestyle factors in the analysis. One possible explanation, supported by previous research, is that fibre in the diet can improve intestinal flora and also reduce lipids, which can be particularly good for the heart in people who work at night,” says Christian Benedict, senior author of the study and Professor of Pharmacology at Uppsala University.

Dietary fibre can support heart health

According to the researchers, an increased intake of fibre-rich foods such as whole grains, vegetables, fruit, legumes and lentils may be a simple way to improve heart health for night shift workers. However, this requires that you do not have any medical obstacles to doing this, such as chronic gastrointestinal diseases.

“Dietary changes should be seen as a complement to, not a substitute for, other heart health-promoting habits such as not smoking, remaining physically active, and getting enough sleep,” says Diana Nôga.

Continue Reading
Advertisement
Advertisement

Like Us On Facebook

Loading...

Most Popular

Copyright ©FRINGE PUBLISHING. All rights reserved.