THE disruption to workplace routine imposed by the pandemic has highlighted the need for employers to be agile and adaptive, Willis Towers Watson Philippines Managing Director James Matti said at BusinessWorld’s Virtual Economic Forum 2020 last week. Mr. Matti cited the findings of his firm’s employer survey on readiness to reset enterprise operations, which concluded that agility was deemed crucial ...

ICTSI THE Philippine Ports Authority (PPA) said the shipping industry will receive assistance from the government’s second stimulus package in the form of subsidized port fees. The aid to the industry is authorized by Republic Act. No. 11494, or the Bayanihan to Recover as One Act (Bayanihan II), signed by President Rodrigo R. Duterte on Sept. 11. Under Bayanihan II, ...

ENVIRONMENTAL PRESERVATION jobs have been included in the Department of Labor and Employment’s career information system targeted for launch online early next year, a Labor official said Saturday. “We have developed (a) career information system which contains relevant information on certain occupations which also include… green jobs” to address the interests in those seeking careers in “the green economy,” Bureau ...

Even before COVID-19, finance leaders across a range of sectors were already in the process of evaluating their operating models in response to a broad and well-documented set of drivers and challenges. These include delivering value, managing costs, making efficient use of technology and automation, and complying with new regulations. The arrival of the pandemic, however, has accelerated the need ...

Our economic managers had done a fairly good job until the pandemic struck. Although economic reforms towards improving the business climate and attracting foreign capital have been few and far between, they nonetheless managed to eke-out GDP growth of 6.4%, on average, in the last four years. Inflation was tamed, debt levels were controlled and poverty rates were declining. But ...

Blades of light piercing the dark COVID-19 clouds at last! The Pfizer, Moderna, and Astra-Zeneca vaccines are inching closer to altering for the better our post-COVID-19 near future. There are still formidable problems of access, financing, and logistics but we could soon be departing the territory of crippling catatonia. Our challenge is to craft a recovery that equips the economy ...

DUE TO rapid population growth and continued development in both urban and rural areas, the waste generated every day in the Philippines has steadily increased from over 37,000 tons per day in 2012 to over 40,000 tons per day in 2016. In Metro Manila alone, an average of over 9,000 tons of waste per day was recorded as of 2018. ...

On Nov. 26, the Corporate Recovery and Tax Incentives for Enterprises (CREATE) bill was passed on third and final reading in the Senate, marking the end of more than two decades of struggle for fiscal incentive reform. CREATE, first and foremost, is a structural reform measure for the governance of incentives that are time-bound, performance-based, and transparent. As it is ...

GILAS PILIPINAS looks to complete a sweep of Thailand in the November window of the 2021 FIBA Asia Cup Qualifiers on Monday in Manama, Bahrain. -- FIBA By Michael Angelo S. Murillo, Senior Reporter DOMINANT in its first outing in the November window of the 2021 International Basketball Association (FIBA) Asia Cup Qualifiers, Gilas Pilipinas looks to complete a sweep ...

PLDT Chief Revenue Officer and Smart President and Chief Executive Officer Alfredo S. Panlilio was elected as first vice-president of the Philippine Olympic Committee in elections held last Friday. He is also the president of the Samahang Basketbol ng Pilipinas. -- SBP FACEBOOK PAGE ALREADY wearing a number of hats in the corporate and sports worlds, PLDT Chief Revenue Officer ...