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13th month pay: A comprehensive guide for SMEs
MAP Insights
November 28, 2023
November 28, 2023
For business owners, understanding the intricacies of employee compensation and taxation is crucial to maintain a well-functioning and compliant workforce. It ensures that their employees are fairly compensated, while also meeting their legal obligations. One key aspect of employee compensation in the Philippines is the...
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Tree Planting 4.0 for executives
MAP Insights
November 20, 2023
November 20, 2023
Probably the most popular employee engagement volunteer activity is Tree Planting. But has this really helped? Do the trees grow to be century-old trees, like those we see in New Manila, UP Diliman, and in the UP Los Baños Forestry areas? Or are we just...
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Diversifying revenue streams for SMEs
MAP Insights
November 14, 2023
November 14, 2023
With economic turbulence not letting up post-pandemic, the adage “don’t put all your eggs in one basket” has never rung truer. For Philippine small and medium enterprises (SMEs), the economic slowdown of major global economies, trade tensions between global players, and inflationary pressures have led...
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The saga of the farmers’ unrequited toil in planting rice
MAP Insights
November 7, 2023
November 7, 2023
A popular ditty goes that “Planting rice is never fun. Bent from morn ’til the set of sun.” Rice farmers nowadays would likely append to that folk ballad the lyrics, “planting rice ain’t rewarding as well.” After all, their average income is not quite enough to...
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Success redefined: Bridging generational gaps
MAP Insights
October 31, 2023
October 31, 2023
In the hallowed halls of my alma mater, a singular principle was instilled in us from an early age: become servant leaders. We were encouraged to dream big, aspire for success and reach for the stars. But our alma mater’s unwavering emphasis was on one crucial...
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Gender fair education
MAP Insights
October 24, 2023
October 24, 2023
With the recent opening of schools, I was reminded of a significant milestone that took place in September 2015, when 193 countries of the United Nations (UN) General Assembly, including the Philippines, committed to achieving the Sustainable Development Goals (SDGs) by 2030. Among the 17...
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Ease of doing business, FDIs, and the outsourcing industry
MAP Insights
October 10, 2023
October 10, 2023
The COVID-19 pandemic caused the immediate migration to work-from-home (WFH) to save and protect lives. In the case of the Offshoring and Outsourcing (O&O) industry, which is mostly registered with the Philippine Economic Zone Authority (PEZA), this meant suspending the requirement for the Registered Business...
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Auditing the auditors: enhancing audit oversight
MAP Insights
October 3, 2023
October 3, 2023
Throughout my extensive career as an external auditor (including being the Head of the Audit and Assurance Division), I primarily viewed my role as that of a service provider. However, transitioning into a position on the Board of Directors with oversight responsibilities over external auditors,...
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The secret sauce to profit
MAP Insights
September 26, 2023
September 26, 2023
When one thinks of a company’s sustainability, usually we just think of the business case, especially for micro-, small- and medium-sized enterprises (MSMEs). How profitable is the business? How sustainable is the model? But do we also give some thought to what makes companies last?...
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