NEWS & ARTICLES

2009 Revised CG Code: A Reactionary Approach When the Revised Code of Corporate Governance (RCCG) was issued by the SEC in June 2009, it changed the regulatory approach to the corporate governance reform by providing for a general administrative sanction clause for any violation of...

In November last year, the largest business and professional associations in the Philippines – collectively called the Philippine Business Group (PBG which includes the Management Association of the Philippines, sponsor of this column) signed a “Covenant for Shared Prosperity” by which it pledged to address...

The most profound effects of the Revised Corporation Code in the pursuit of the corporate governance (CG) reforms in the private corporate sector may be grouped into three areas, namely: First, the granting of statutory foundation to the CG principles and best-practices championed by the...

Friends ask me: Where do we invest post-COVID? Despite potential, agricultural export is stuck at around US$7 Billion (B). But agricultural imports are near US$11B or a trade deficit of US$4B. The Philippines I lags its ASEAN peers, most of which have trade surpluses. There...

They are omnipresent, quite inescapable, and — let’s face it — growing in number. As more people gain access to social media platforms and discover their voice and amass followers, influencers as we call them have exponentially increased digital content and, ultimately, changed the way...

“Unprecedented” is one word that we hear over and over again – unprecedented demands, challenges, threats, impacts, and the list goes on. Quoting the World Bank Group, what we are experiencing is “an unprecedented crisis, with devastating health, economic, and social effects felt around the...

Eleven years ago in September 2009, Tropical Storm “Ondoy”, internationally named as “Ketsana”, plunged many parts of Metro Manila (MM) into waist to rooftop-level floodwaters. The people of MM, especially those in the cities of Pasig, Quezon, Manila, Caloocan, Muntinlupa and Marikina lost their homes...

First, a look back at 2020. 2020 was unexpectedly a Year of SEVERE and MULTIPLE CRISES. We had and have a HEALTH Crisis. The COVID-19 Coronavirus Pandemic hit the world and the Philippines like a giant sledgehammer. Global statistics show over 20 million COVID-19 cases,...

At the forthcoming legislature’s bicameral conference on corporate tax reform, it should only be a choice between CITIRA (House Bill 4157) and CREATE (Senate bill 1357). CITIRA is the House version of Package 2 of the comprehensive tax reform. CREATE, on the other hand, is...