NEWS & ARTICLES

MVP Group Chair MANUEL V. PANGILINAN (6th from left) inducted recently the Management Association of the Philippines (MAP) 2025 Board of Governors led by Maya Bank Chair ALFREDO “Al” S. PANLILIO (5th from left) as the 77th President of MAP. The other members of the MAP Board are (l-r):  MAP Governor MARIANNE “Maan” B. HONTIVEROS, Managing...

Last year brought significant challenges and developments for Philippine small and medium enterprises (SMEs). Access to financing remains an issue: banks only lent 4.52% of their loan portfolio to SMEs as of June 2024. In August and October, the Bangko Sentral ng Pilipinas (BSP) reduced...

The need to bridge the gap between academic learning and the practical demands of the workplace has never been more urgent. As the Philippines aspires to be a competitive player in the global economy, the role of structured internship programs in shaping our future workforce...

The nation is teetering on the brink of chaos. A fragile political ecosystem is under intense strain, especially with the scrutiny surrounding the 2025 national budget, which is laden with accusations of corruption. If not addressed with urgency and precision, this may reach a point...

The tourism and hospitality sector experienced seismic shifts during and postpandemic, and this changed the way the industry works, manages resources and engages with customers and markets. These changes, accelerated by technology, societal shifts and a global pandemic, influence and reshape the expectations of visitors...

How to manage finances and where to access capital, which are critical for sustainability, are questions often asked by business owners and leaders. In an earlier article featured in a MAP column, entitled “The Journey of MSMEs: Are we there yet?,” I cited limited financing and...

When we ponder the question of whether the Masagana 99 Program was a resounding success or an abject failure, it is customary to recall the face-off in Congress between Sen. Imee Marcos and former Finance Secretary Carlos Dominguez. In that confrontation, the lady senator trumpeted...

Government documents often sparkle with noble ideas. For example, AmBisyon 2040, a government manifesto spearheaded by the National Economic and Development Authority (NEDA), portrays a life for Filipinos in 2040 that is matatag (resilient), maginhawa (comfortable), and panatag (peaceful). The manifesto’s 2040 goal is “a prosperous middle-class society where no one...

Enhancing strategic public procurement has been one of the main initiatives of the Department of Budget and Management (DBM) in the Philippines. Following the enactment of Republic Act No. 12009, or New Government Procurement Act (NGPA), aimed at enhancing transparency, competition, efficiency, professionalism, accountability and...