Education has been a major beneficiary of Toyota Motor Philippines (TMP) corporate social responsibility (CSR) initiatives. On July 24, 1990, TMP established the TMP Foundation (TMPF), a nonstock and nonprofit organization to implement its CSR initiatives under four pillars: health care, education, rnvironment and community service. TMP and TMPF strongly support the national government’s policy…
Carmen’s Best is riding the digitization wave and going into cyberspace. The premium Filipino ice cream has harnessed digital technology to turn its website, www.carmensbest.com, into a full-fledged electronic store (e-store). Founder and chief executive officer Francisco Magsaysay said, like most businesses, the 10-year-old artisanal ice cream business faced major challenges when the COVID-19 pandemic…
Unknown to many, , adding it to applications for cellular phones. Angelito Villanueva, chair and founder of FinTech Alliance.ph, executive vice president and chief innovation officer at Rizal Commercial Banking Corp. and chief digital transformation officer for the Yuchengco Group of Companies, said Filipinos were introduced to e-money or e-cash as early as 2001. Orlando…
After a year of doom and gloom brought about by the COVID-19 pandemic, local business leaders are seeing the light at the end of the tunnel. Eric Teng, president of the Restaurant Owners of the Philippines (Resto PH), an organization of restaurant owners; Wick Veloso, new president of the Bankers Association of the Philippines; and…
Accounting for the majority of the total businesses in the country and generating more than half of the country’s total employment before the COVID-19 pandemic hit in March of last year, the health of micro, small and medium enterprises (MSMEs) is as much a concern for the Philippines as the physical well-being of its population.…
In January, the small but extremely active Taal Volcano had another “tantrum,” sending residents of nearby towns in Batangas and Cavite scampering to escape its fury. Ash fall reached Alfonso, where Varias lives and where his main shop is based. Then in March an even bigger crisis had to be faced. The deadly COVID-19 pandemic…
If blended learning, initially a peripheral concept, is the likely future of education when the COVID-19 pandemic ends, blended retailing may also become the new normal for commercial establishments as physical and digital worlds collide.In its report “Top 10 Global Consumer Trends 2021,” Euromonitor International calls this combination of in-person and online shopping to…