The Mindset of an Entrepreneur
Jobs Start to Return as Quarantine Eases
The latest unemployment data released by the Philippine Statistics Authority last week is revealing to policy-makers. The unemployment rate significantly dropped to 10 percent in July from a record-high of 17.7 percent in April.
Heroes of Our Time
Ironically, the piece of legislation providing for the celebration of National Heroes Day — Republic Act No. 3827, passed by the Philippine Legislature on October 28, 1931 — did not specify any particular hero. And so while we have days of commemoration for Dr. Jose Rizal and Gat Andres Bonifacio, National Heroes Day was really designated to celebrate the courage of nameless and faceless Filipinos who sacrifice their own welfare for others and for the nation.
Economy Not That Bad Despite Critics’ Claim
Criticisms in a democracy are always welcome to help the government uplift the lives of many Filipinos, especially its our battle against Covid-19. But if they are destructive and offer no feasible solutions to the current health crisis, critics should not get in the way of government’s efforts to solve the nation’s problems.
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.