The education sector is one of the many industries permanently altered by the protracted COVID-19 pandemic. Coursera responded to the sudden need to modify education systems by providing a flexible and inclusive online learning environment, which was widely accepted by people across the globe. In the Philippines, more than new learners were welcomed by Coursera…
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…
Digital banking is transforming the traditional financial landscape. There are now 249 digital challenger banking players globally, comprised of dynamic digital upstarts and transitioning legacy operators. The Philippines offers an attractive opportunity for this expanding market. The release of the Digital Banking Guidelines in April this year, swiftly followed by agreed licenses for Overseas Filipino…
Tax and nontax revenues collected by local governments in the first half of 2021 inched up by about 4 percent year-on-year to amid easing quarantine restrictions and improving prospects due to the gradual reopening of the economy. Collections by the local governments in the first half of last year was P162.8 billion. Based on data…
Despite the COVID-19 pandemic that wreaked havoc on the economy and the lives of millions, Filipino millennials and Gen Zs remain optimistic that the world will be able to conquer the crisis and emerge victorious, according to a recent study by Deloitte. According to Deloitte’s “2021 Global Millennial and Gen Z Survey,” 85 percent of…
The Mindanao Development Authority (MinDa) is looking to establish king crab and oyster hatcheries in a town in Zamboanga Sibugay to develop the aquaculture industry in the region. MinDa chair Emmanuel Piñol said in a Facebook post on Thursday they were in talks with Iloilo-based Southeast Asia Fisheries Development Center (Seafdec) for the provision of…
Philippine construction giants and an array of global contractors and engineering companies submitted bids to build a portion of the P345-billion Philippine National Railways’ Calamba project. In a statement on Thursday, the Department of Transportation (DOTr) called it a “record-breaking” turnout as the firms vied for six contract packages for the construction of 40.5 kilometers…
The Philippines is seen avoiding a slowdown in its economic rebound in the third quarter amid relatively lower COVID-19 infections compared to its neighbors suffering from surges and with mass vaccination picking up, UK-based think tank Pantheon Macroeconomics said. The Philippines would also likely join Indonesia and Thailand in achieving instead of 2023, Pantheon Macroeconomics…
In a recent online conference in Bangkok hosted by the World Spa & Wellness where I represented the Philippines, spa and wellness stakeholders from the Philippines, Thailand and Vietnam shared one grim observation: the industry has been . In preparation for the country update that I had to do, I conducted a quick survey among…
After the disruptions caused by the pandemic in 2020, restaurant chain operator Shakey’s Pizza Asia Ventures Inc. has resumed its store expansion program this year, with the goal of opening 30 new stores. The new store openings will consist of 15 new restaurants under the flagship Shakey’s brand and 15 under the Peri-Peri Charcoal Chicken…