More support needed for infrastructure’s post-pandemic recovery
THE government will need to create a more enabling environment for investments to support the infrastructure sector’s post-pandemic recovery, analysts said.
Transit-oriented township developments
WHEN I started in real estate about 28 years ago, the battle cry then was “Location, location, location.”
The key to office sustainability
THE pandemic has been disruptive to the Philippine economy. Many businesses closed, the economy suffered, and a lot of Filipinos lost their jobs. These factors adversely affected the office market starting in 2020. The vacancies increased across Metro Manila and as a result, rents corrected.
Digitalization to boost Philippine banking growth
THE continued adoption of digitalization and open finance in the Philippine banking industry is expected to transform the delivery of financial services, enhance lenders’...
Five principles for generative AI in financial services
THANKS to recent technological advances in generative artificial intelligence (AI) foundation models and record-breaking rates of consumer adoption, it’s no longer a question whether your company will use this technology. It’s a question of when and how.
Gov’t digitalization push to sustain demand for fintech services
DEMAND for financial technology (fintech) services is expected to be sustained following the increase seen during the coronavirus pandemic, driven by the government’s digitalization...
Public policy and private sector participation
FOURTEEN years ago, Robert B. Reich, professor of public policy at the University of California at Berkeley and former Cabinet member in several Democrat administrations in the US, published an extremely interesting paper titled “Government in Your Business” in the Harvard Business Review.
Listed companies consider ESG
COMPANIES are expected to pursue more environmental, social, and governance (ESG) initiatives amid rising climate risks and as the Philippines continues to recover from...
Lessons not from the classroom
STRATEGIC maneuvers during crisis times have been truly instructive, especially to boards and leadership teams. In the heat of the recent pandemic, landmark moves included ACEN Corp.’s bold expansion in the renewable energy space (locally and abroad, supported partly and aptly by green financing), Manila Water Co., Inc.’s $500-million sustainability bonds and a strategic alliance with Trident Water Co., as well as Ayala Land, Inc.’s launch of AREIT, Inc., the country’s first real estate investment trust.
Small businesses embrace technology to stay competitive in face of risks
THE micro, small, and medium enterprise (MSME) and startup ecosystem is becoming more attuned to the need for adaptability and sustainability by assigning more weight to lean, efficient operations, industry experts said, noting that the realignment of priorities is becoming more pronounced as tough times loom.
Jack be nimble: Hoteliers keep best practices as COVID wanes
AFTER stagnation throughout the years of the coronavirus disease 2019 (COVID-19) pandemic, hotels around the country are showing optimism for the hospitality industry, with some developers about to open, or have just opened, new properties. Meanwhile, established hotels are retaining pandemic-borne safety practices, as well as utilizing online and remote capabilities that became a necessity during the worst days of the pandemic.
How technology helped retailers beyond the pandemic
TECHNOLOGY has allowed retailers to survive the pandemic while boosting their operations to meet changing consumer behavior. From supermarkets to restaurants, the retail industry has embraced advances in e-commerce, positioning businesses for further growth.