Insights

Luzviminda Sunit

COVID-19 no match for fighting MSMEs

Determination, perseverance and faith—in divine providence and in their own abilities to overcome obstacles—enabled 10 small entrepreneurs to preserve and grow their enterprises even during a protracted global health crisis. In virtual ceremonies, recipients of the 18th Citi Microentrepreneurship Awards (CMA) were honored for the resilience, courage and fortitude that enabled their enterprises to survive, …

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cement, concrete, construction

Holcim back to profitability in Q2

Holcim Philippines, the country’s leading cement maker, chalked up P721.4 million in second quarter net income, reversing the P88.1 million net loss in the same period last year when it had to shut down its manufacturing facilities in Luzon to comply with pandemic-related lockdown restrictions. This brought Holcim’s six-month net profit to P1.63 billion, 294 …

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E-learning here to stay

Electronic- or e-retail is the dominant trend in commerce, and a similar transformation is seen in education, with e-learning or remote or distance learning shaping the Philippine education landscape. The disruption caused by the still-ongoing COVID-19 pandemic, which leaves parts of the country under lockdown or quarantine or its many variations, is hastening the evolution …

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Harnessing technology for quality education

PLDT and its subsidiary, Smart Communications, Inc. (Smart), have a long-standing commitment to support education in the country. This commitment proves invaluable as the companies’ partner schools continue to struggle with the disruption caused, since over a year ago, by the Covid-19 pandemic. While before the pandemic people were hesitant to adopt new technology, the …

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Reshaping education amid the pandemic

The education sector is one of the many industries permanently altered by the protracted COVID-19 pandemic. Coursera responded to the sudden need to modify education systems by providing a flexible and inclusive online learning environment, which was widely accepted by people across the globe. In the Philippines, more than 100,000 new learners were welcomed by …

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Despite COVID, Toyota remains committed to education

Education has been a major beneficiary of Toyota Motor Philippines (TMP) corporate social responsibility (CSR) initiatives. On July 24, 1990, TMP established the TMP Foundation (TMPF), a nonstock and nonprofit organization to implement its CSR initiatives under four pillars: health care, education, rnvironment and community service. TMP and TMPF strongly support the national government’s policy …

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Digital banking to boost financial inclusion in PH

Digital banking is transforming the traditional financial landscape. There are now 249 digital challenger banking players globally, comprised of dynamic digital upstarts and transitioning legacy operators. The Philippines offers an attractive opportunity for this expanding market. The release of the Digital Banking Guidelines in April this year, swiftly followed by agreed licenses for Overseas Filipino …

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calculator, calculation, insurance

Local governments’ H1 revenue collections up by 4%

Tax and nontax revenues collected by local governments in the first half of 2021 inched up by about 4 percent year-on-year to P168.9 billion amid easing quarantine restrictions and improving prospects due to the gradual reopening of the economy. Collections by the local governments in the first half of last year was P162.8 billion. Based …

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