The Mindset of an Entrepreneur
Low Inflation Reflects Stability
The inflation rate moderated to 0.8 percent in October 2019, the slowest in three-and-a-half years, reflecting the Duterte administration’s strong political will to stabilize the economy and make it more conducive to both investors and consumers.
A Republic in Negros
Mindanao is reeling from a series of earthquakes that has jolted the daily lives of its residents. From July 9 to October 31, six strong quakes hit the Cotabato areas, most of which originating around Tulunan, Cotabato. One of the most powerful was the 6.6 jolt on October 29 and a 6.5-magnitude quake two days later.
News About MBV
Villar Completes PICC Conversion Into COVID-19 Treatment Facility
The PICC quarantine facility – which has 294 patient cubicles, six nurse stations, and six houses outside the Forum building for the health workers – was turned over to the Philippine National Police (PNP) Medical Corps on April 15.
15 Filipinos on Forbes Billionaires List 2020; Villar is Richest in the Country
Fifteen Filipinos are among the richest individuals on earth, according to the Forbes Billionaire’s List for 2020. At the top is former Senator Manny Villar (70 years old) who is at number 286 with a net worth of $5.6 billion, followed by ports king Enrique Razon, 60, at number 565 with $3.4 billion.
The late Henry Sy’s children Hans (64) and Herbert (63) Sy are in a 72-way tie at 1063 with $2 billion, followed by siblings Harley (60) and Henry Sy Jr., (67 ), and Alliance Global Corp. Chair Andrew Tan (67) along with 58 others at number 1135 with $1.9 billion each.