NEWS & ARTICLES

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73rd MAP INAUGURAL MEETING 2022 and INDUCTION OF 2022 MAP BOARD OF GOVERNORS
News Release
January 13, 2022
73rd MAP INAUGURAL MEETING 2022 and INDUCTION OF 2022 MAP BOARD OF GOVERNORS (upper row l-r(sad) Mr. ALFREDO “Fred” E. PASCUAL (President), Lead Independent Director, SM Investments Corporation and Bangko Sentral ng Pilipinas Governor BENJAMIN “Ben” E. DIOKNO. (middle row l-r(sad) Dr. DONALD P. LIM...
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MAP Theme for 2022 “PUSH FOR CHANGE: Towards a Better Future for All”
News Release
January 13, 2022
PUSH FOR CHANGE:  Towards a Better Future for All is the MAP Theme for 2022. In line with this theme, the MAP will pursue three main thrusts:      POLICY REFORM FOR ECONOMIC DYNAMISM – Push for vital policy reforms through executive or legislative action...
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MAP
Insights
2020 too?
MAP Insights
January 11, 2022
Let me start by wishing you all a much better year in 2022 than in 2020 and 2021. Hopefully, this year will be safer, healthier, happier and more prosperous for everyone. But will it really or will it be 2020 too? Let’s address our risk...
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MAPping
the Future
Amid the Devastation of COVID-19, Glimmers of Hope
MAPping the Future
January 10, 2022
For all the pain and suffering caused by the coronavirus infection, it has also given us reasons for optimism about the future.   A major cause for elation about what is arguably the worst viral scourge in recent memory is how it has hastened the...
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MAP
Insights
Legal Implications on Imposition of Fiduciary Duty of Diligence of the Highest Degree (2nd of 2 Parts )
MAP Insights
January 4, 2022
In its 2018 Resolution, Virata v. Ng Wee, affirmed in toto the foregoing rulings in dismissing the motions for reconsideration filed by the petitioning directors and officers of Wincorp, and thereby solidifying the doctrine that when it comes to corporations vested with public interests, such...
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MAPping
the Future
Taxation of the Digital Economy
MAPping the Future
January 3, 2022
The Bureau of Internal Revenue (BIR) has been making deficiency tax assessments on the income payments made by local companies and agencies to non-resident foreign corporations (NFRCs) particularly tech giants like Amazon, Google and Facebook (or Meta). The deficiency tax assessments include non-withholding of final...
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MAP
Insights
Legal Implications on Imposition of Fiduciary Duty of Diligence of the Highest Degree (1st of 2 Parts )
MAP Insights
December 28, 2021
The enforcement of the doctrine that the degree of diligence required of corporations vested with public interests is of the highest degree (i.e., extraordinary diligence) has legal implications on: (i) the burden of proof to make the corporation directly liable to the injured stakeholder; and...
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MAPping
the Future
Food Sovereignty
MAPping the Future
December 27, 2021
I was in a Conference on Slow Food aptly titled “Slow Start” with Cong. Kiko Benitez of Negros Occidental where he talked about the subject. I asked for a copy of his speech because it so resonated with me as a Slow Food advocate and...
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MAP
Insights
Climate Change: Researches and Initiatives
MAP Insights
December 21, 2021
Climate Change (CC) is again at the limelight as global leaders and stakeholders from about 200 countries gathered together to tackle the issue of CC for the 26th Conference of the Parties (COP26) in early November in Glasgow, Scotland.   The two-week conference, marked by...
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