ILOILO CITY – A subsidiary of Meralco PowerGen Corp. (MGen) is providing a P16.45-million lighting system for a football field in this city – La Paz Plaza Football Ground in La Paz District. JAIME T. Azurin, president of Global Business Power Corp., a wholly owned subsidiary of Meralco PowerGen...
The Board of Trustees of the Women's Business Council: (From left) Atty. Lorna Kapunan, Kapunan and Castillo Law Offices; Rosemarie Rafael, AIC Group of Companies; Rosemarie Bosch-Ong, Wilcon Depot; Rhoda Castro-Caliwara, Executive Genesis Services; Mylene Abiva, Felta Multi-Media; Ida Tiongson,...
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...
