To talk about succession planning is to embark on a long journey; the limited space of this column is simply not enough to cover it fully. Thus, I will focus on the most significant highlights applicable to many family corporations. The tendency among most family businesses run by Filipinos is to...
The Philippines’ more-than-three-decade-old devolution program remains incomplete, with local government units (LGUs) and national agencies continuing to share responsibilities for many basic services despite the 1991 Local Government Code (LGC), according to state-run policy think tank...
In a recent column in The Economist, economist and former presidential adviser Arthur Laffer revisited two of the most consequential tax reform programs of the late twentieth century: the tax cuts implemented by Ronald Reagan in the United States (US) and Margaret Thatcher in Britain. When Reagan...
Recently, the PNB Board and Senior Management, led by Chairman Ed Cua and President Edwin Bautista, attended an energy briefing conducted by Department of Energy (DOE) Undersecretary Rowena Cristina Guevara. She certainly impressed the PNB Board and inspired confidence as a public official. She...
The conversation around artificial intelligence (AI) in the Philippines often creates the impression that organizations are already far along in their journey. Press releases talk about AI pilots. Executives speak about transformation. Vendors showcase impressive demonstrations. Yet when I recently...
The Philippine Iron and Steel Institute (PISI) is calling on the government to enforce the updated national standard for steel bars, warning that the proliferation of non-compliant products could aggravate earthquake damage. In a letter to the Department of Trade and Industry (DTI) dated June 8,...
Twenty-twenty-six marks the diamond anniversary of the Asian Development Bank (ADB), the Manila-based institution that stands at the forefront of the Asia-Pacific’s transition toward a more sustainable and resilient future. Since its establishment in 1966, the ADB has evolved from a traditional...
Every position requires specific qualifications to meet the needs of the employer looking to fill a vacancy. Even when you are looking to hire a house helper, there are certain traits you seek to fulfill your requirements. These typically include basic criteria and, perhaps, specialized skills....
Despite widespread public concern about climate change, financing and institutional constraints continue to hamper the Philippines’ efforts to strengthen climate resilience and adaptation measures, according to state-run policy think tank Philippine Institute for Development Studies (PIDS). In...
As yellow and red alerts return to the Philippine grid, the recurring drop in power supply exposes deep weaknesses in the country’s energy system. Delayed infrastructure, aging plants, thin reserves, and rising demand continue to strain the national electricity grid, leaving millions vulnerable...
Reforms in public procurement, infrastructure oversight, and accountability must be fully carried out to ensure that the billion-peso flood-control corruption scandal does not happen again and those responsible are made to answer, according to four governance and business groups. In a joint...
The Financial Executives Institute of the Philippines (FINEX) issued an urgent appeal to the Senate on Tuesday, June 2, demanding the immediate resumption of regular legislative proceedings and the swift organization of its standing committees to avert a prolonged economic and institutional...
