Sustainability is a popular buzzword, but what does it really mean? The UN Brundtland Commission defines sustainability as "meeting the needs of the present without compromising the ability of future generations to meet their own needs." To delve deeper into sustainability, the Philippine National...
Canada and the Philippines will kick-start talks early next year for a bilateral free-trade agreement (FTA) aimed at intensifying economic ties as well as fostering open trade and investments despite rising protectionism. This was announced on Thursday, Dec. 5, by visiting Canadian Minister of...
Recently, the Commission on Audit (COA) En Banc affirmed that there was nothing irregular in Development Bank of the Philippines’ (DBP) sale of Philex Mining Corp (PMC) shares in 2009. Recall that the DBP Audit Team filed a notice of charge which alleged that DBP incurred a “loss of opportunity...
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...
