American corporations are looking to tap opportunities being offered by streamlined procurement for Philippine government-led projects under a new law. In a Dec. 3 statement, the US-ASEAN Business Council (USABC) said it jointly held with the Department of Budget and Management (DBM) last Nov. 25 a...
By JOEL DABAO As we prepare for 2025, one question looms large: Are we ready to ride the next wave of technology, particularly artificial intelligence (AI)? While AI continues to evolve and promises transformational change, its true potential hinges on two critical factors: digital literacy and...
All of us face two inevitable situations in life – death and taxes. But some people fail to prepare and panic at the last minute. For taxpayers, some only act at the last minute when it is almost a deadline. We have two months before the end of the year, and we know that at the start of January...
American-led companies in the Philippines are backing up the government's efforts to improve the ease of doing business here by cutting on red tape. In a statement, the US-ASEAN Business Council (USABC) said it signed a memorandum of understanding (MOU) with the Anti-Red Tape Authority (ARTA) on...
Amid looming US protectionism, Canada is clinging on to trade and will send its biggest-ever business mission to the Philippines in the first week of December. Mary Ng, Canadian Minister of Export Promotion, International Trade and Economic Development, will lead the high-level Team Canada Trade...
US tech giants operating in the Philippines are looking to intensify their partnerships with the government in cybersecurity and digital transformation. In a Nov. 19 statement, Washington-based US-ASEAN Business Council (USABC) said it co-hosted the 2024 Philippine Digital Transformation in...
Uncertainty is the greatest risk a manager faces. Managers who make strategic decisions often view uncertainty as costly. However, uncertainty provides the greatest opportunity for creating value. The concept of real options provides a way of thinking that can help managers balance the risk of...
Earnings of major Philippine real estate companies have grown significantly over the past three years after recovering from the industry slump caused by the Covid-19 pandemic in 2020-2021. According to Sydney-based firm Sanlam Private Wealth Pty. Ltd., the combined net profits of property firms...
Cebu-based fuel retailer Top Line Business Development Corporation has decided to move the offer period for its P3.16 billion initial public offering (IPO) to the first quarter of 2025 from the initial kick off targeted on Nov. 27. In a statement, the firm said they decided to postpone the offering...
The Asia-Pacific Economic Cooperation (APEC) has intensified its push for its own free-trade agreement among its 21 member-economies to complement as well as fill in the gaps of existing FTAs in the region. The 2024 APEC Leaders' Machu Picchu Declaration in Lima, Peru, last Nov. 16 also committed...
Eugene S. Acevedo, president and chief executive officer of Rizal Commercial Banking Corp. (RCBC), recently became a two-time author with the launch of his second book, "Reinvent and Outperform: Becoming a Better Leader." The event was graced by no less than the bank's chairman, Helen Y. Dee, the...
The governments of Canada and France have expressed their interest in providing support and expertise to help boost the Philippines' nuclear energy ambitions. The Department of Energy (DOE) announced that Canada is keen on sharing its extensive nuclear knowledge with the Philippines. During the...
