NEWS & ARTICLES

In November 2023, the Philippine government signed the inclusive agreement with the Organization for Economic Cooperation and Development (OECD) Inclusive Framework on Base-Erosion and Profit Shifting (BEPS), aligning with over 140 countries committed to addressing global tax avoidance by multinational corporations (MNCs). Under current international...

Listen to the World Bank demystify it. “Shared prosperity is the average annual growth rate in income or consumption of the bottom 40 percent of the population in a country.” When is prosperity “shared”? Is it “balato” (largesse) by the winners to the losers after...

Last Sept. 25, during a general membership meeting of the Management Association of the Philippines, Undersecretary and Chief Economist Domini Velasquez of the Department of Finance (DOF) gave a presentation on the economic vision of the President Marcos administration, with additional comments from another Finance...

Laws in the United States, the United Kingdom and India require the disclosure of CEO-to-employee pay ratios (or CEO pay ratios) among companies to promote transparency and address concerns about income inequality. In the United States, the Dodd-Frank Wall Street Reform and Consumer Protection Act...

I have always been drawn to the arts, where storytelling comes alive through movement, music and emotion—whether it’s a ballet, a play, or an experimental film. In my role on the Board of the Cultural Center of the Philippines (CCP), I’ve had the privilege of...

The gap between the generations arises because the young person looks at the future, the middle-aged person looks at the present and the old person looks at the past.” —Professor M.S. Rao The theory offered by authors William Strauss and Neil Howe can partially explain...

Underlying the Management Association of the Philippines (MAP) mission of promoting management excellence for nation building is its core value of leadership, which states, “The organization will show the way and always strive to pursue high and bigger goals for ourselves and the country.” For...

Laws in the United States, the United Kingdom and India require the disclosure of CEO-to-employee pay ratios (or CEO pay ratios) among companies to promote transparency and address concerns about income inequality. In the United States, the Dodd-Frank Wall Street Reform and Consumer Protection Act...

In the critical area of food supply chain, the farmers and the traders are the acknowledged key players. One is the producer of farm products and the other is the distribution channel. The linkage between the two is more prevalent in basic commodities, such as...