Digitalization is well on its way in the Philippines with both government and the private sector embracing digital destiny, according to Trade and Industry Secretary Ramon M. Lopez. At the Sulong Pilipinas virtual forum, Lopez noted the game changer Central Business Portal (CBP) of the government...
How this entrepreneur learned that life on earth, including business, is about connecting to the least, the lost, and the last By Andrea Zulueta-Lorenzana ALWAYS READY The family behind the salon chain Piandre has been paying their staff full salaries with or without work since the beginning of the...
Trade and Industry Secretary Ramon M. Lopez has called for the reduction of business permit fees by local government units (LGUs) to help micro, small and medium enterprises (MSMEs) and ensure they continue to thrive, especially in this pandemic period. Lopez said at the Task Group on Economic...
EDITOR’S DESK Bernie Cahiles-Magkilat The pandemic has given rise to new businesses if not the strengthening of existing ones that are able to pivot and innovate with the use of digital technologies. Some of these businesses are delivery/logistics, micro finance, financial technologies (fintech),...
Business name registrations in the first quarter this year already reached 432,962 almost half of the entire 2020 that registered with the Department of Trade and Industry (DTI) as economic challenges forced Filipinos to find innovative ways to earn a living during the pandemic. Trade and...
Philippine Business Bank reported a 25 percent drop in net income to P938.9 million last year from P1.26 billion in 2019 due to higher provisioning. In a disclosure to the Philippine Stock Exchange, the bank said core income grew 41.9 percent to P2.78 billion in 2020 from P1.96 billion in the...
Philippine businessmen Wednesday, (April 14) took a pause from their busy schedules to make a stand against China’s aggression in the country's territory. With that business groups rallied behind Defense Secretary Delfin Lorenzana, other government officials and various groups...
Here's how you can learn it and put the skill to the test Starting a business is not as easy as people think. Many have this crazy notion of just leaving the job they no longer want, aiming to be the boss, investing money on their startup brand, and they're off to the yellow brick road of...
Foreign business chambers and exporters groups have urged for the passage of other economic bills pending in Congress to complete the new Republic Act 11534, the Corporate Recovery and Tax Incentives for Enterprises Act (CREATE), which they said is one of the most important fiscal bills enacted in...
The Philippines is confident of further improving its global ranking in the 2021 Ease of Doing Business (EODB) report despite serious concerns that some reforms may not be acknowledged that may affect the country’s score. “I see a much improved score for the Ease of Doing Business (EODB)...
The pandemic has become the most influential driver of digital transformation and, consequently, global Cloud usage. With total worldwide spend on Cloud services expected to surpass $1 trillion in 2024 according to the International Data Corporation (IDC), performance, availability, and cost of...
Business name registration in pandemic year 2020 rose 48.69 percent as economic difficulties drove Filipinos to think of ways to augment income. Data from the Department of Trade and Industry (DTI) showed that business name registration, the first step in starting a single proprietorship business,...
