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Archive

October 31, 2014

Sometime in 2015, the Philippines will host the first-ever awarding ceremonies for the winners in the Asean Corporate Governance Scorecard. Top publicly-listed companies (PLCs) in the Asean will be recognized based on their compliance with international best practices, following the OECD corporate governance principles. The scorecard will provide foreign investors and fund managers comparable... Read More

October 23, 2014

A SILENT WAR has been raging in the Davao Regions of Mindanao. Like many wars, this sprung from a craving -- a craving for bananas by Japan, China, New Zealand, East Asia, and the Middle East. This insatiable demand for bananas has been causing a banana-growing frenzy, especially in the Davao Regions. Thus, in 1998, the Philippines became the fourth largest producer of bananas worldwide. By 2007... Read More

October 17, 2014

Closed circuit television (CCTV) cameras in public places are now a worldwide fixture. We see them on the streets, train stations, bus stations, restaurants, hotels and apartment buildings. They have proven extremely helpful in tracking down perpetrators of crimes. A case in point is the Boston Marathon bombing in 2013. Using CCTV footages in different positions in downtown Boston, the Federal... Read More

October 07, 2014

EVER DREAMT of having your own business in addition to your eight-to-four job but is saddled with the idea of having to undergo the tedious process of business registration and payment of huge taxes? Worry no more. With the enactment of Republic Act 10644, or the Go Negosyo Act, entrepreneurs now have the answer to their start-up dream. The Go Negosyo Act encourages the stablishment of micro,... Read More

October 02, 2014

A concrete reform initiative by Congress to prepare the Philippines for Asean economic integration is Republic Act No. 10641, which amended Republic Act No. 7721, whose policy objective is to build a stronger banking industry by further liberalizing the entry of foreign banks in the Philippines. The law became effective on August 7, 2014. Under the new law, foreign banks may be allowed to... Read More