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In some cases, people get away with doing questionable things because they cannot be made accountable for them. And knowing that they can get away with it, they wreak havoc with impunity. They are emboldened by the fact that, at the end of the day, the rewards for their misdeed far outweigh the potential risks or penalties -- if there will be any at all.
I moved to the Philippines 12 years ago to start a business. The skilled labor and high level of English proficiency made it a natural choice among its neighbors in the region. The friendly people, beautiful islands, live bands, and incredible nightlife didn’t hurt either! As my business progressed from start-up to operations, I realized that I had so many questions about why employees behave the way that they do in an organization.
A LITTLE over three weeks since opening camp for the 2019 FIBA Basketball World Cup, Gilas Pilipinas said things are steadily coming along and expected it to further pick up in the coming weeks.
A MEASURE increasing the government’s take from mining revenues, which forms part of the Duterte administration’s comprehensive tax reform program, has been filed anew in the Senate.
START-UPS and micro, small and medium enterprises (MSMEs) may now raise up to P50 million through crowdfunding following the Securities and Exchange Commission (SEC)’s release of guidelines regulating this method of fund raising.
AMSTERDAM — Rembrandt’s 17th century masterpiece The Night Watch begins restoration work on Monday in Amsterdam where visitors will be able to watch every step of the Rijksmuseum’s biggest ever project.
A MANDALUYONG court has declared sections of the law that granted Razon-led MORE Electric and Power Corp. a franchise as a distribution utility in Iloilo City as void and unconstitutional for infringing on the right of the area’s existing electricity distributor Panay Electric Co., Inc. (PECO) to due process and equal protection of the law.
COMPETING bids for a tiny abstract painting by Robert Ryman climbed higher and higher until — Bang! — the hammer came down on the 1963 canvas at £850,000 ($1.08 million), more than twice its low estimate.
BEIJING — New bank loans in China are expected to have picked up to a five-month high in June, a Reuters poll showed, as Beijing kept ample liquidity in the financial system to support the slowing economy and offset growing US trade pressure.
THE Bangko Sentral ng Pilipinas (BSP)’ Monetary Board approved a total of $7.355 billion worth of public sector loans to fund development projects in 2018, up 111% from a year earlier, the central bank said Tuesday.
THE Department of Health (DoH) said it will require licensing for all makers, sellers and distributors of e-cigarettes and vaporizers (vapes) under the new guidelines covering the sector.
For quite a number of us, a significant chunk of the things we learn comes from the internet. The internet will likely have information that will satisfy an individual’s intellectual desires. A popular source of information are online video blogs or vlogs. These vlogs present information through a combination of video clips, supporting texts, and images. There has been an increasing preference for these vlogs since information is presented in a more entertaining, if not more palatable, manner than its text counterpart.
THE MARITIME Industry Authority (Marina) is seeking more incentives for the shipbuilding and ship repair industry to drive investment growth, the agency said in a statement yesterday.
PRESIDENT Rodrigo Duterte still trusts his Customs chief even after threatening to fire more officials at the agency for corruption, his spokesman said on Tuesday.
HOUSEHOLDS in Metro Manila and surrounding areas can expect their electricity bills to go down for the third straight month in July, as Manila Electric Co. (Meralco) announced a P0.1068 per kilowatt-hour (/kWh) drop in overall rate as a slight increase in generation charge covering the June supply month was offset by a fall in other costs.
A COPYRIGHT battle over Marvin Gaye’s “Let’s Get It On” was halted last week by a judge until a separate fight over Led Zeppelin’s “Stairway to Heaven” is resolved.
LOS ANGELES — Superheroes were once again around to save the day as Spider-Man: Far From Home ignited a much-needed boost in the domestic box office. The web-slinging adventure easily dominated in North America, delivering a $185 million debut from 4,636 venues during its first six days in theaters.
THE Philippine Stock Exchange index (PSEi) is seen to end the year within the 8,400 to 8,600 range, boosted by lower interest rates and the expected earnings growth for listed firms for the rest of the year.
MANAGERS at the three best performing Philippine equity funds see a much rosier second half for Rodrigo Duterte’s term as president, forecasting that the benchmark stock index will climb about 25% over the next three years.
FRANKFURT/SYDNEY/HONG KONG — Deutsche Bank shares rose on Monday as it launched one of the biggest overhauls of its investment bank since the financial crisis by cutting 18,000 jobs around the world, starting the day with cuts in Asia.
TRADE SECRETARY Ramon M. Lopez encouraged Micro, Small, and Medium-sized Enterprises (MSMEs) achieve Halal certification in order to broaden their markets.
PRESIDENT RODRIGO R. Duterte has, after all, named a preference — two, that is — for House speaker in an attempt to end what has become a thorny fight for the post.
In my column of June 11, I asked: Are the current aspirants for Speaker of the House of Representatives of the 18th Congress men of gravitas? Are they presidential timber like a number of previous speakers? Or are they lightweights who can be pushed over the top like Pantaleon Alvarez, who is again an aspirant for the Speakership?
MANY of the corporate governance (CG) reforms pursued by the Securities and Exchange Commission (SEC) through its CG Codes seek to usher a system of professional directorship into the publicly held companies (PHCs) and publicly listed companies (PLCs). This includes a system of professional directorship, such as granting more supervisory power to the Boards over its composition, and integrity (i.e., qualifications and disqualifications), as well as the competence and diversity of talents and skills of their members, effecting a system of discipline over their members, and providing for competitive levels of remuneration.
LYON, FRANCE -- The United States won a record-extending fourth women’s World Cup with a 2-0 victory over the Netherlands on Sunday as second-half goals from Megan Rapinoe and Rose Lavelle confirmed their status as the leading power in the women’s game.
AFTER six tries, Mendiola FC 1991 finally barged into the win column of the ongoing Philippines Football League season, beating Philippine Air Force FC, 3-1, in their battle of winless teams on Sunday at the Biñan Football Stadium in Laguna.
THE NATIONAL Bureau of Investigation (NBI) and three investors of Kapa-Community Ministry International, Inc. (KAPA) filed eight counts of syndicated estafa complaint against the group’s 14 officials, including its founder, Joel A. Apolinario, in connection with its alleged investment scam.
THE SECURITIES AND EXCHANGE COMMISSION (SEC) has drafted guidelines as part of a regionwide move to allow capital market professionals from Association of Southeast Asian Nations (ASEAN) members to issue research reports outside their home countries.
TOYOTA MOTOR PHILIPPINES School of Technology (TMP Tech), a premier automotive technical school based in Laguna, held the commencement exercises for Batch 8 of its two-year Toyota General Job Automotive Servicing Course.
VOLVO PHILIPPINES once again highlights its support for equality, diversity, and freedom by supporting this year’s MEGA Equality Ball. The crème de la crème of the country gathered at the magnifique Grand Plaza Ballroom of Sofitel Philippine Plaza Manila recently not only to commemorate Philippine Independence but also to celebrate the many colors of Pinoy pride.
SAO PAULO -- Organizations representing coffee farmers from around the world will meet next week in Brazil as the sector faces one of its hardest times, with prices barely covering production costs and pushing farmers out of business.