The Philippines’ competitive ranking among its regional peers still leaves much to be desired, clinging to the 13th slot out of 14 economies in the Asia-Pacific region. While we’ve seen some advancement in productivity and efficiency, including management practices, the Swiss-based...
The country’s bankers have emphasized the need for stronger collaboration between the government and the banking sector to strengthen cybersecurity, as they expressed optimism that President Marcos’ digital push is in the right hands. The Bankers Association of the Philippines (BAP) on Sunday,...
The Economic Journalists Association of the Philippines (EJAP), the country’s premier organization of business journalists, announced it will hold its annual Infrastructure Forum on Monday, June 16, at the Fairmont Hotel in Makati City. The forum, themed “Government Infrastructure Program:...
The country’s leading mining groups welcomed the bicameral conference committee’s decision to remove the highly contentious ore export ban from the reconciled version of the bill seeking to reform the mining fiscal regime. In separate statements on Wednesday, June 11, the Chamber of Mines of...
The Management Association of the Philippines (MAP), comprising the country’s leading business executives, is “deeply concerned” over the Senate’s decision to return the impeachment case of Vice President Sara Duterte to the House of Representatives, warning of its potential economic...
The country’s information technology and business process management (IT-BPM) sector is on track to reach $40 billion in revenues this year as investor confidence in the industry remains robust despite the looming threat of the United States’ (US) tariff policy. IT and Business Process...
Banks across the Philippines are set to ramp up technology-related investments, particularly in cybersecurity infrastructure and systems, in a bid to improve operational efficiency and protect consumers. Investments in technology would enhance domestic banks’ operational efficiencies and the...
The Management Association of the Philippines (MAP) is urging the government to focus on reducing high costs across commodities and services to alleviate the burden on minimum-wage-earning Filipino workers and their families. MAP, comprising the country’s leading business executives, stated that...
State-run think tank Philippine Institute for Development Studies (PIDS) believes that skepticism surrounding the feasibility of the Association of Southeast Asian Nations (ASEAN) Power Grid is likely to diminish over time, citing investments that could help address this years-long concern. In an...
The country’s leading business executives are optimistic about the government’s ongoing strategy to enhance the ease of doing business in the Philippines, following the new reform outlook of the Anti-Red Tape Authority (ARTA). In a statement, the Management Association of the Philippines (MAP)...
In the quest to materialize the great regional grid interlink across the Association of Southeast Asian Nations (ASEAN), the Manila-based Asian Development Bank (ADB) is projecting around $16 billion (approximately ₱890 billion) worth of investments to pursue the development of key...
The Management Association of the Philippines (MAP) is urging the government to maintain the phased implementation of the long-awaited rehabilitation of EDSA while the project is currently suspended. MAP, which features the country’s leading business executives, supports the plan to construct the...
