The Mindset of an Entrepreneur
Lower Loan Rates Timely to Lift Growth
Lowering the interest rates in the Philippines will be timely given the weak growth rate in the first six months of 2019 and the lengthy tit-for-tat between the United States and China that is slowing down the global economy.
Cry for Freedom
The event that ushered in the Philippine Revolution against more than 300 years of Spanish occupation is as significant as it is controversial. Sick of the oppression under foreign rule and craving for freedom and independence, Filipino revolutionaries under the leadership of Andres Bonifacio tore their “cedulas” (residence certificate) as a sign of their resistance.
Shorter Permit Process a Boon to PHL Economy
President Duterte’s call for government agencies to issue permits within three days is a boon for social services and the economy in general.
It will not only help eliminate red tape and corruption in the bureaucracy but will also boost economic activities, which are currently restrained by the slow pace of the government approval process.
News About MBV
Villar Group Turns Over PhilSports Arena to Medical Corps
MANILA, Philippines — Medical personnel from the Philippine National Police (PNP) will oversee and lead operations at Philippine Sports (PhilSports) Arena or ULTRA (University of Life Training and Recreational Arena) “We Heal As One” Center.
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.