The Mindset of an Entrepreneur
One of the most interesting narratives of the just concluded 2019 midterm elections is the tremendous support shown by the people of Mindanao to candidates supported by President Rodrigo Duterte.
New BSP Governor Doing Proactive Role
The Bangko Sentral ng Pilipinas (BSP) under a new leadership is living up to its role of supporting economic growth. It reduced the benchmark interest rates on May 9, the first time under the leadership of Governor Benjamin Diokno. A week later, it announced a 200-basis-point reduction in the reserve requirement ratio (RRR) for universal and commercial banks, a move that would effectively release over P230 billion worth of additional liquidity into the market.
As I write this column, the Commission on Elections (Comelec) is still in the process of canvassing the votes cast during the last May 13, 2019 elections. But the initial official results and the more than 98% unofficial tally by the Parish Pastoral Council for Responsible Voting (PPCRV) seem to indicate that the midterm election was a resounding success for the administration coalition.
News About MBV
Villar Group Sets Up Disinfection Tents in Hospitals
The Villar Group on Monday said it will install disinfection tents in several hospitals in the frontlines of battling the coronavirus disease in Metro Manila.
PICC Forum Halls to be Converted Into Health Facilities
MANILA – Villar Group is working with the Department of Public Works and Highways (DPWH) and EEI for the conversion of the Philippine International Convention Center (PICC) Forum Halls 1 to 3 into a much-needed facility for the treatment of coronavirus disease 2019 (Covid-19) patients in 10 days’ time.
Manny Villar and Enrique Razon Kick Off 2020 As The Philippines' Richest, According to the Bloomberg Billionaires Index
Filipino business tycoons Manuel Villar and Enrique Razon are entering the new decade as the only Philippine billionaires to make it on the Bloomberg Billionaires Index, which lists the 500 wealthiest people in the world.
The index is a daily ranking of the world’s richest, and the figures and rankings are updated at the end of every business day after the trading floor closes in New York.