The Mindset of an Entrepreneur
Modified ECQ: A Step in the Right Direction
Any form of easing the quarantine restrictions in Metro Manila and the rest of the Philippines will be good news for every Filipino, especially for our workers who are raring to reclaim their jobs and their modest earnings.
Rebuilding: Part 2
It’s time for a calibrated end to the lockdown.
Last week, economic managers announced that the Philippine economy has contracted 0.2% in the first quarter through March, ending our economy’s marvelous growth streak for 21 years. Fitch Ratings has also revised its Outlook on the Philippines’ Long-Term Foreign-Currency Issuer Default Rating (IDR) to Stable from Positive, reflecting its view on the deterioration of our near-term macroeconomic and fiscal outlook as a result of the COVID-19 pandemic and Luzon-wide lockdown.
Rebuilding: Part 1
One of the sectors really hurting because of the COVID-19 pandemic and the resulting stay-at-home/physical distancing guidelines imposed by government is business, specifically micro and small enterprises. I have said in the past that the priority during this crisis should be life and health over economics but for small enterprises their businesses are their lifeline.
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.