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Friday, April 28, 2017
By Cai U. Ordinario, Catherine N. Pillas & Jasper Emmanuel Y. Arcalas ALL the world’s a market and every country merely merchants. Trade barriers abound, too, and the Philippines is both victim and villain. Many times, shipments by merchants of Manila have failed to enter new markets. But other times, too, the...
THE government’s thrust in modernizing public transportation in the country to gain access to reliable transportation may be well and good, but for ordinary drivers, it will be a hell lot of a burden to bear. Often described as a progressive transportation agenda, the modernization of public-utility vehicles in the...
TARGET: Public Operators and Drivers What are the Omnibus Franchising Guidelines for? These are new guidelines for issuing public-transportation franchises, which aim to improve land public transport in the Philippines. Through these guidelines, public-transport services will be provided in accordance with the LGUs’ public-transport plans, where routes are based on passenger...
By Jasper Emmanuel Y. Arcalas & Catherine Marie N. Pillas REGULATORS appear to be using their coconuts in grappling with the “Made in the Philippines” tag on exports. At least for those in the Department of Agriculture (DA) and the Department of Trade and Industry (DTI), they see the potentials of...
FROM producing high-quality textiles to the first-ever abaca-made unmanned aerial vehicle (UAV)—this is how the Philippines plans to stretch the potentials of abaca fiber. According to former Philippine Fiber Development Authority (PhilFida) Executive Director Victor Prodigo, PhilFida is moving closer to this goal. The development of an UAV, commonly known as...
ONE word stopped time for Lani Eusebio in 2004: Cancer. Her doctor’s words seemed far away as the 39-year-old’s mind raced through the past. Being diagnosed with cancer was quite a surprise because she was sure her family didn’t have history of cancer. “In my case there’s none, so...
IN 2016 just under $27 billion fresh foreign-currency earnings were pumped into the local economy in the form of the remittances sent home by Filipino migrant workers to their families and loved ones. Each year in the past decade, the volume of remittances continued to grow in significant amounts. The...
By Roger Pe PICTURE-pretty. Picture-laden. That’s all. Back in the 1990s, our tourism commercials had that kind of formula. The usual mandatory slogan was also all over, as if mentioning it at the end shot was not enough. It was always a menu of the usual, like going to a...
FIVE years ago, the Economist Intelligence Unit (EIU) Ltd. ranked the country’s microfinance industry as first in the world. The EIU also included the Philippines as among the top 10 countries in terms of overall business environment for microfinance. The EIU credits such lofty place to the development and growth...
WITH Environment Secretary Regina Paz L. Lopez’s order to close or suspend operating mines and cancel 75 mining contracts, the debate over the issue of mining in the Philippines is far from over. While initially supporting Lopez on the decision of the closure of 23 operating mines and suspending five...
By Oliver Samson | Correspondent THE Philippine gamefowl industry’s worth stands at around P50 billion today and is exhibiting behaviors of growing more in the coming years, the government believes. The gamefowl-feed market alone is currently valued at P15 billion; and veterinary products for game chickens, like medicine and vitamins and...
INNOVATION is one of the current buzzwords in today’s modern world. There are the Ubers and the Grabs that cause major disruptions in the transport industry. They have shown that an entrepreneur does not need to have a fleet of taxis or physical vehicles to enter the transport industry. Meanwhile,...
By Cai U. Ordinario, Jovee Marie N. dela Cruz & Jasper Emmanuel Y. Arcalas PRESIDENT Duterte is starting a new war—against cigarette smoking—as a proposed excise-tax bill on tobacco is surprising many sectors on its zoom to nearing the Philippine Chief Executive’s approval. But the proposed bill that would upend...
By Roger Pe WAY before Ferdinand Magellan discovered the Philippines, Chinese merchants had been openly trading with Filipinos as far back as the 9th century. As proven by Chinese artifacts found in many places in the country, the evidence is well documented. According to historians, some local rajahs and datus, themselves,...
By Butch Fernandez, Recto Mercene & Catherine N. Pillas AS real-estate mogul and business magnate Donald J. Trump ascends to the presidency tomorrow, January 20, emerging economies are speculating how the United States’ ties with Asia, solidified during former President Barack Obama’s term, will evolve. Foreign direct investment (FDI) from the...
FOR those used to air travel, it’s easy to doze off on your seat, especially if you know it’s going to be a long flight.  But when you wake up only to find out that you’re still on the tarmac you should have left an hour ago, you just...
By VG Cabuag, Lorenz S. Marasigan, Jonathan L. Mayuga & Joel R. San Juan DESPITE challenges experienced by the equities market and the new administration of President Duterte, players and government officials remained optimistic of the new year. Market executives noted that 2016’s biggest lowdown was the failure of the Philippine Stock...
By Rea Cu THE credit-card industry in the Philippines is seen to grow over the coming years, as more consumers rely on using financial cards for their transactions and payments, according to a report from the Euromonitor International. According to the 2016 Euromonitor report “Financial Cards and Payments in the Philippines,”...
By Rene Acosta & Jonathan L. Mayuga FROM North to South, the war with the Moros and communist rebels has caused years of political and economic stagnation for the country, political leaders, who have dealt with the two conflicts, said in their lexicon. It is for this reason President Duterte is...
By Roger Pe | Special to the BusinessMirror WHEN asked on how the Philippines is preparing for its 6th, 7th or 8th million foreign visitor, Tourism Secretary Wanda Corazon T. Teo gave a visionary answer: “I want to compete with Bangkok and the best of Asia.” “I want to take the...
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