The ratings game

Credit to Author: BENEL D. LAGUA| Date: Thu, 20 Feb 2020 16:54:51 +0000

Assessment season is here again. The decisions on who lands on top and who will be cast away in the rock bottom is both a challenge and a burden to raters. This rating game is usually bombarded with intrigue, jealousy and misconceptions. In the very personalistic Filipino culture, performance reviews can lead to exhiliration for […]

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Present Senate Citira proposals

Credit to Author: The Manila Times| Date: Wed, 19 Feb 2020 17:20:21 +0000

The Senate Ways and Means Committee released Committee Report 50 dated Feb. 17, 2020, endorsing Senate Bill (SB) 1357, in substitution of SBs 535, 595 and 702, taking into consideration House Bill (HB) 4157, the proposed Corporate Income Tax and Incentives Rationalization Act (Citira), amending our National Internal Revenue Code (Tax Code). This version of […]

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The next big financial crisis (is already happening)

Credit to Author: Ben Kritz| Date: Wed, 19 Feb 2020 17:17:27 +0000

THERE is a popular rule of thumb, for which there is no scientific basis but seems to be accurate more often than not, that nostalgia has a 20-year life cycle. In other words, what was popular 20 years ago should be enjoying a resurgence in popularity right about now. Unfortunately, this is not always a […]

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The best way to teach advertising

Credit to Author: Vincent Pozon| Date: Wed, 19 Feb 2020 17:07:46 +0000

THE advertising agency isn’t an office; it’s a home. People spend more time at work than at home, so the office must be comfortable; going to office must be a welcome act. That is why harmony is primordial. The fastest way to turn tasks into tribulations, simple chores into sizeable crosses is to inject disharmony […]

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ABS-CBN Holdings Corp. holds PDRs; ABS-CBN Corp. owns ABS-CBN, DZMM

Credit to Author: Emeterio SD. Perez| Date: Tue, 18 Feb 2020 16:20:08 +0000

ABS-CBN Holdings Corp. holds Philippine depositary receipts (PDRs) before their conversion into common shares in ABS-CBN Corp. The latter owns the ABS-CBN broadcast network and radio station DZMM, which are controlled by the Lopez family. As of Dec. 31, 2019, ABS-CBN Corp. has 883,294,529 issued common shares, of which 21,322,561 are treasury shares, according to […]

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Complying with the right Corporate Governance Code

Credit to Author: KELVIN LESTER LEE | Date: Tue, 18 Feb 2020 16:19:10 +0000

As the supervising commissioner of the Securities and Exchange Commission’s (SEC) Corporate Governance and Finance Department (CGFD), I aim to ensure that companies are complying with the best global practices of corporate governance. As part of efforts to raise corporate governance standards in the country, the SEC has issued new corporate governance (CG) codes for […]

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Cyber risk management from A to Z: What you need to know

Credit to Author: THIRD LIBREA| Date: Tue, 18 Feb 2020 16:17:54 +0000

Second of two parts M is for Malware. Malware—malicious software—is designed to do damage. Cyber criminals create malware to exploit the vulnerability, to gain access to your systems, hold your data to ransom, or steal it. They may impersonate a well-known brand to deliver it via email, convincing you to click on a link or […]

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Wells Fargo, Nokia pullout a vote of no confidence

Credit to Author: Ben Kritz| Date: Mon, 17 Feb 2020 16:38:19 +0000

LAST WEEK, Banking giant Wells Fargo announced it would be shutting down its Manila tech center, causing much wailing and gnashing of teeth here, particularly since the pullout will eliminate about 700 jobs. Wells Fargo’s announcement came about two weeks after mobile technology maker Nokia said it would pull the plug on its research and […]

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Start thinking about the future now

Credit to Author: The Manila Times| Date: Mon, 17 Feb 2020 16:26:24 +0000

I have been following Sierreza, a social enterprise based in Los Baños, Laguna on social media for over a year now. Che Abrigo, the founder of Sierreza, is a college friend. I learned about her inspiring story in an opportune interview with her. The business she established is characteristically different from its mainstream counterparts because […]

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