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...
Not even the impending change in administration in the United States can stop American businessmen from expanding their presence in the Philippines amid rosier economic prospects here. "Across the Philippine economy, US companies have helped grow key sectors such as the digital economy,...
"The first rule of any technology used in a business is that automation applied to an efficient operation will magnify the efficiency. The second is that automation applied to an inefficient operation will magnify the inefficiency.” – Bill Gates We tried the eGov app for the first time...
(MANILA BULLETIN) Former Bayan Muna Party-list Rep. Carlos Zarate said local government units (LGUs) must not give undue burden to food delivery riders in the form of business permit requirements. Accordig to Zarate, delivery riders are already...
