NEWS & ARTICLES

(2nd of 2 Parts) Why is our tax system inefficient? The simple answer is that we have a very narrow taxpayer and tax base. According to the UN data, the current population of the Philippines as of October 3, 2021 is 111,404,546 versus 24,015,416 total...

(1st of 2 Parts) For more than two decades, we have been paying first-world taxes with the highest rate among ASEAN member countries regarding personal and corporate income taxes, even value-added taxes. While some sectors enjoyed tax incentives and exemptions, regular employees and micro-entrepreneurs suffered...

Over the years, sustainability has become an important global issue and an emerging policy priority for many countries and organizations. There has been a strong push to disclose data on this subject through various forms of public reports. A particular and increasing interest has been...

Never before in the last fifty (50) years has there been any disruption in the school system as compelling and life-changing! As a result of the pandemic, schools were closed and face-to-face classes were prohibited. The traditional academic fundamentals as well as the business of...

After more than a year of rolling out experimental drugs for emergency use to combat the coronavirus pandemic, the jury’s still out as to which vaccine brands are effective against the current Delta variant. Some of those who’ve been fully jabbed are still getting infected...

The world has gone green. TESLA and even Porsche has electric cars. Yet, in a country like ours, GREEN power is not getting enough push. Did you know it would take 200 permits to get a solar plant started? Now that’s real red tape. We...

An outstanding feature of the Revised Corporation Code of the Philippines (RCCP) is the formal institution within its corporate governance (CG) framework of “corporation whose business is vested with public interests.” Section 22 of the RCCP provides that the Board of Directors of the “following...

THE COMMUTE How many of your workers now commute using bicycles? Since we experienced MECQ, ECQ, GCQ and all kinds of lockdowns and limited public transportation, it has been a focus of many companies to look for solutions to employee mobility. Even SMEs, like ours,...

Our economy has been brought to its knees by COVID-19 since March 2020. It contracted last year by 9.6%. The country’s GDP shrank by 4.2% in the first quarter this year. 2Q results may turn out better, but with the Delta variant surging the world...