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
Manny Villar Among Forbes' 'Heroes of Philanthropy'
MANILA, Philippines — Billionaire businessman and former senator Manny Villar was hailed as one of Forbes Asia’s “Heroes of Philanthropy” for the year 2020, which highlighted outstanding 15 altruists in the Asia-Pacific region.
No Private Jets or Fancy Cars for Manny Villar – 5 Ways the Philippines’ Richest Man and Former Presidential Candidate Lives Modestly
Once an impoverished child who sold seafood, now the Filipino tycoon behind the Villar Group is worth US$5.6 billion through his interests in real estate, malls, hospitality and education – but he stills flies cabin, drives a Toyota and works remotely from a coffee shop.