Business Columns

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THE Philippine Chamber of Commerce and Industry (PCCI) this week called on the government to get its act together and develop a clear policy with a plan to address the inadequacy of the nation’s air transportation infrastructure. It must begin, the business group said, with making a clear decision on…

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As a younger person, you were probably told not to get addicted with video games. What if I told you that the video game industry was valued at $99.6 billion as of 2016? It probably doesn’t come as a surprise to hear that it’s just that lucrative, especially given the…

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AS a listed company, Philippine National Bank (PNB) may be perceived by public investors as more public than others because it has 29,947 stockholders. Of the total, 29,842 are Filipinos, who own 1.135 billion common shares, or 90.827 percent, and 105 are of various foreign nationalities who hold 114.582 million…

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Every time I am asked to give an advice to new hires in our Firm, I never failed to mention to them: “Read books!” Also, I usually make a random survey of new hires who are habitual readers by a show of hands, and sadly, those who read are less…

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I remember proposing once at a conference of NGOs in the Philippines that mining companies provide funding for measures to allow the monitoring of mining activities potentially harmful to the community or the environment. The proposal was not at all popular. Mining, during that particular form, was seen at the…

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THE utter chaos Department of Environment and Natural Resources Secretary Gina Lopez has thrown the mining sector into is equal parts fascinating and embarrassing. It is fascinating, because to my knowledge there is no precedent to an entire industry being killed by fiat by a Cabinet secretary. It is embarrassing,…

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A British friend of mine recently posted his frustration that although the Brexit referendum was extremely close, “leave” politicians in Parliament are nonetheless treating the vote as an overwhelming mandate to leave the European Union. Similarly, in the US, although Donald Trump lost the election by more than 2,000,000 votes,…

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WHY the obsession with money to the detriment of the environment? Can’t it be the other way around? The public who may be curious to know the answer need only read reports of the debates surrounding the closure of certain mining companies on orders of Secretary Regina Lopez of the…

REY ELBO

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WRITING about business management carries with it many benefits, 80 percent of which are wholly psychological, while the remaining 20 percent can only be monetized as soon as I receive my social security benefits or whatever is left of it. The most important thing, however, is that it allows me…

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With more than 2 million overseas Filipino workers (OFWs) around the world, remittances, or the money they send home to their families, are considered a key factor in the resilience of the Philippine economy. Based on Bangko Sentral ng Pilipinas (BSP) data, OFW cash remittances in 2016 reached $26.9 billion.…

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