President Marcos wants the processing of business permits in local government units (LGUs) to be done in only 10 minutes. President Ferdinand 'Bongbong' Marcos Jr. (Photo courtesy of Malacañang) Anti-Red Tape Authority (ARTA) Undersecretary Geneses Abot disclosed that the 10-minute processing time...
Cebu-based Top Line Business Development Corp. (Topline) is pursuing robust expansion on its core business in the fuel industry, primarily to meet the growing needs of retail as well as commercial end-users in its main market in the Visayas. According to Topline Chairman Erik Lim, who is also the...
As I’ve hinted, the Philippines will request the Chicago-based RI Board of Directors to reconsider its withdrawal of Manila as the city of choice for the June 2028 convention. Yes, Virginia, it’s official. The Philippines is no longer the host country. And it’s such a disappointment for...
Last week, the Financial Executives Institute of the Philippines (FINEX) joined seven other business organizations in calling for a total ban on Philippine Offshore Gaming Operations (POGOs). The joint statement supported the nationwide ban that Finance Secretary Ralph Recto and National Economic...
The pendulum of market sentiment swings back and forth between the "be afraid" mindset and the belief that "the coast is clear." In human psychology, we know there’s such a thing as confirmation bias. People want to hear only what they want to hear; they believe in information that is consistent...
“Buenaventura, who?” is the latest tittle-tattle circulating in the banking community. Bankers and market players enthusiastically talk about veteran banker Gil A. Buenaventura as the seventh member of the Monetary Board, the policy-making body of the Bangko Sentral ng Pilipinas (BSP)....
The mobile app landscape is rapidly evolving, presenting challenges and opportunities for companies seeking to acquire and retain users. As technology advances and user expectations rise, businesses must navigate a complex environment to succeed in the highly competitive app market. The “Shaping...
Eight organizations, including local business groups, have called on the government to safeguard the well-being of Filipino workers at risk of job loss in case of a ban on Philippine offshore gaming operations (POGOs) in the country. In a joint statement on Wednesday, July 17, the groups also...
Sixty-five years ago, in 1957, the Rockefeller Brothers Fund Trustees, with the concurrence of the Philippine government, established the Ramon Magsaysay Award to honor the memory and example of integrity in public service of President Ramon Magsaysay. Often called the “Nobel Prize of Asia,” it...
The Makati Business Club (MBC) has urged the Marcos administration to prioritize governance reforms, enhance the business environment, invest in skills development, and upgrade power and infrastructure. Ahead of President Marcos' third State of the Nation Address (SONA), the MBC, representing...
The Palace marching order for Transportation Secretary Jaime J. Bautista “JJB” Tuesday is to prioritize improving the country’s gateway facilities and services to enhance travelers’ experiences and increase tourism. As a traveler, I look forward to the long-overdue transformation of Ninoy...
Good governance is essential for development. It helps countries improve economic growth, build human capital, and strengthen social cohesion. The Worldwide Governance Indicator (WGI) features six aggregate governance indicators for over 200 countries and territories from 1996 to 2022. In the WGI,...
