The Chamber of Pawnbrokers of the Philippines, Inc. (CPPI) continues to set the gold standard in industry leadership and social impact—advancing the pawnbroking sector while delivering meaningful contributions to the Filipino people. As one of the nation’s unsung economic pillars, the pawnbroking industry, through CPPI, is proving that business can be both profitable and purposeful.
In its mission to elevate the standards of pawnbroking, CPPI has made major strides in building institutional trust. The signing of the Gross Receipts Tax Memorandum of Agreement with the Bureau of Internal Revenue (BIR) marks a historic step in aligning pawnbrokers with national tax compliance, ensuring transparency and bolstering the credibility of the industry in the eyes of the public and regulators.
- commitment of CPPI, under its new leadership, to support DTI’s campaign in providing the best financial solutions for the various needs of the Filipinos.
- Coordination with the Department of Trade and Industry for the establishment of a Philippine National Standard for diamonds in the Philippine market.
- The incorporation of a bullion vault in the website has been implemented so as to allow for real-time gold price tracking, track trends and gain investment insights, and as an educational tool for seeing how the market reacts to world events and the like.
- In line with our desire to continue educating and supporting our members in the industry, a business seminar to inform and update the knowledge of existing members will be held on the topic of the Anti Money Laundering Act. This seminar will be facilitated by UNAWA.
- In an effort to better enrich the already long standing history of the Pawnshop industry in the country and our company’s involvement in it, a coffee table book titled Halaga detailing said history has been printed.
- so as to better streamline communications regarding frequently asked questions and the like, the incorporation of an online chatbot to our company’s website has been implemented.
By digitizing our collection of in house documents, cases, frameworks, house bills, regulatory acts and the like users may better understand how these have come to influence how our industry has been molded and changed. Furthermore, by digitizing and giving access to the aforementioned files, they may be easier accessed and used as an educational tool.
The website has been revamped and the eMarketPlace has been categorized with various references has been create so as to better streamline the ease of users when navigating the E-Market Place depending on the service they wish to avail of or make use of.
For CPPI, corporate social responsibility is not just a side effort—it’s a core value. Time and again, the organization has stepped up in times of need, proving that the pawnbroking industry is deeply woven into the fabric of Filipino society.
- So as to bolster and further strengthen our existing relationship with the Philippine National Police, we have donated a variety of gym equipment to Camp Crame so as to supplement their facilities.
- In line with our company’s commitment to supporting charitable causes, a variety of electronic equipment was donated to the Meycauayan West Central School so as to bolster their Alternative Learning Systems and better improve their facilities
- In line with our company’s commitment to philanthropic causes, relief goods such as canned goods, coffees, and the like were donated to the victims of Typhoon Pepito in an effort to supplement their needs