Thriving businesses will churn wealth and create employment in an inclusive cycle that will benefit the maximum number of Filipino workers and their families.
The entire nation is addicted to elections like a plague. We have pinned our hopes on the ballot results without fully realizing that these exercises will not directly yield the results which will turn around the seemingly downward trend in the lives of the majority of our citizens. Elections influence our economy, of course, to a great extent. But these will hardly change the lives of those who are already in the balance. Not unless we are able to elect leaders who will finally alter the fundamental structure of our political system and pave the rare chance for us to catch up with our neighbors.
Our dilemma is both complex and complicated. There's no single stroke that would magically resolve the perennial socio-economic problems that burden our people. However, we can focus on improving the business climate and hope that this component of the chain can unleash the virtuous cycle that will steadily improve the welfare of our households and communities.
Let's start with the most achievable step which can deliver a series of positive domino effects. Ensure the much-delayed ease of doing business beginning in the registration of corporations, to organizing the offices of these entities, up to tax compliances.
This story is from the December 03, 2024 edition of The Philippine Star.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.
Already a subscriber ? Sign In
This story is from the December 03, 2024 edition of The Philippine Star.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.
Already a subscriber? Sign In
David Pardo Ayala Moved to Manila with Knives, Cookbooks & a Heart Full of Love
While at the Culinary Institute of America in upstate New York over two decades ago, Colombian-born David Pardo Ayala met the love of his life, a Filipina named Gianella.
Lucky Dumpling opens at Hann Resorts
Ever been up to the Pampanga and Clark area and craved Chinese food? There is good news since Lucky Dumpling just opened at Hann Resorts in Clark and is a perfect place to have dim sum and Cantonese food for lunch or dinner, even if one is just passing by the area.
FROM LEGENDS TO CHART-TOPPERS: 2025 CONCERT LINEUP FOR EVERY MUSIC FAN
From Dionne Warwick to Boyz II Men, a bountiful lineup of nostalgia acts will be hitting the Philippine stage this year.
WHY STREAMING SERVICE MAX IS BETTING BIG ON FILIPINO VIEWERS
ONE OF THE BIGGEST HIGHLIGHTS OF THE LOCAL entertainment scene in the last quarter of 2024 was the entry of a new streaming service: Max. The platform, operated by Warner Bros. Discovery, brings together iconic brands such as HBO, Harry Potter, Cartoon Network and the DC Universe under one umbrella.
50th MMFF Extends Run Until Jan. 14 Due to 'Public Demand'
The 50th Metro Manila Film Festival (MMFF) is set to continue for an additional week due to \"insistent public demand.\"
Jollibee Takes Majority Control of Taiwan-Based Soup Brand
Asian food conglomerate Jollibee Foods Corp. (JFC) is boosting its position in the Chinese cuisine segment with the acquisition of a majority stake in a leading wellness soup brand in Taiwan.
DA funds to cushion impact of imports get substantial hike
Filipino farmers affected by imports, especially coffee and poultry producers, are expected to get at least a billion peso worth of support this year after the Department of Agriculture (DA) received an exponential increase in its earmarked fund meant to enhance farmers’ competitiveness.
The reality on the ground can damage reputation
Are we like goslings or baby geese that follow a mother goose wherever it goes? It appears that way, at least in my case.
MGen unit bags 600-MW gas project in Singapore
PacificLight Power Pte. Ltd. (PLP), controlled by Meralco PowerGen Corp. (MGen), has secured the right to build, own and operate a 600-megawatt gas plant in Singapore.
Market Stays Blemish-Free in 2025
The local stock market has kept its record blemish-free so far this year, extending its winning streak to three sessions ahead of the release of the country's December inflation data today.