October 25, 2022
Manila ranks 39th out of 50 cities in pandemic resilience list
Source BusinessWorld
PHL banks to remain resilient — IMF
BusinessWorld, October 25, 2022
Keisha B. Ta-asan
The Philippine banking sector is seen to remain healthy as the economy continues to recover from the pandemic, but warned of downside risks from rising interest rates, an official from the International Monetary Fund (IMF) said...
BSP chief: Rate hike to match Fed’s move
BusinessMirror, October 25, 2022
Cai Ordinario
The Bangko Sentral ng Pilipinas (BSP) could raise interest rates by another 100 basis points (bps) this year, depending on the interest rate hike to be implemented by the US Federal Reserve...
Domestic trade plunges in Q2
The Manila Times, October 25, 2022
Eireene Jairee Gomez
Domestic trade contracted in the second quarter even as the economy was further reopened, preliminary data released by the Philippine Statistics Authority (PSA) on Monday showed.
Young Filipinos worry about paying debt, bills
Philippine Daily Inquirer, October 25, 2022
Miguel R. Camus
“Live within one’s means” is a bit of advice often given but seldom followed. It is about spending money only on what one can afford, but the current lifestyle, particularly of the so-called Millennial and Gen Z population, seem to throw caution to the wind. They simply like to travel, have the latest gadgets, and keep up with fashion trends and entertainment — usually charged to their credit cards...
Inflows from OFWs, BPOs may prop up peso
Philippine Star, October 25, 2022
Louise Maureen Simeon
The inflows of remittances and receipts from business process outsourcing (BPO) industry in the fourth quarter may help prop up the peso against the dollar, according to Finance Secretary Benjamin Diokno...
Fewer workers covered by flexi work setup: DOLE
BusinessMirror, October 25, 2022
Samuel P. Medenilla
With the resumption of the normal operations of more companies, fewer workers are now engaged in flexible work arrangement (FWA) and affected by temporary closure (TC), according to the latest data of the Department of Labor and Employment (DOLE)...
Clarify guidelines on face-to-face classes, gov’t told
BusinessWorld, October 24, 2022
Kyle Aristophere T. Atienza
Advocates on Monday renewed their call for the government to issue clear ventilation guidelines for schools and public transportation before full face-to-face classes start next month amid a coronavirus pandemic...
Lawmaker files bill seeking NCAP regulation
Philippine Star, October 25, 2022
Sheila Crisostomo
Another member of the House of Representatives is seeking the regulation of the no-contact apprehension policy being implemented by some local government units (LGUs) in Metro Manila, saying the NCAP appears to be more detrimental to motorists...
Only fully vaccinated can enter cemeteries
The Manila Times, October 25, 2022
Arlie O. Calalo
Only fully vaccinated individuals will be allowed to enter cemeteries in Caloocan City, officials said on Monday...
No SRP imposed for All Saints' Day flowers
The Manila Times, October 25, 2022
Eireene Jairee Gomez
The price of flowers is expected to double as All Saints' Day nears and with the Department of Trade and Industry (DTI) deciding to refrain from issuing a suggested retail price (SRP) for blooms which are not considered basic necessities...
Parañaque to implement one entrance, one exit policy in cemeteries
The Manila Times, October 24, 2022
Christian Crow Maghanoy
Parañaque City will implement a "one entrance, one exit" policy in cemeteries to ensure the smooth flow of visitors on All Saint's Day and All Soul's Day, Mayor Eric Olivarez said...
PLDT starts work on Asian submarine cable to boost internet
Philippine Daily Inquirer, October 25, 2022
Tyrone Jasper C. Piad
To expand its network capacity, PLDT Inc. has begun constructing the first phase of a 9,400-kilometer subsea cable system linking the Philippines to six international landing points across Asia...
Gov’t will implement eArrival Card scan-and-go scheme starting Nov. 1
Manila Standard, October 25, 2022
Vince Lopez
To further ease the entry of incoming travelers onboard regional and international flights, and at the same time protect the public from COVID-19 infection, the government will implement the use of Electronic Arrival Card (eArrival Card) scan-and-go system in the country’s airports...
Firm seeks $25-M ADB loan to build telco towers in PHL
BusinessWorld, October 25, 2022
Luisa Maria Jacinta C. Jocson
An infrastructure firm is seeking a $25-million loan from the Asian Development Bank (ADB) to build and operate up to 380 telecommunications towers in Visayas and Mindanao...
Swiss see ties with PHL focused on innovation, cite red tape concerns
BusinessWorld, October 24, 2022
Alyssa Nicole O. Tan
The Swiss chamber of commerce said it expects areas of cooperation with the Philippines to center on innovation, but called on the government to simplify its trade processes and benchmark against regional power and labor costs to allow investors to scale up...
Peza counting on more South Korean firms to set up shop in PH
Philippine Daily Inquirer, October 25, 2022
Alden M. Monzon
The Philippine Economic Zone Authority (Peza) is targeting more South Korean firms to set up shop in the country’s ecozones, with more investments in the manufacturing and electric vehicle industry expected following the signing of a bilateral trade deal in November...
PH among top phishing email targets in Southeast Asia
Philippine Daily Inquirer, October 25, 2022
Tyrone Jasper C. Piad
The Philippines had the most phishing emails targeting online payment systems in Southeast Asia for the first half of the year amid the booming of e-commerce platforms for beauty, electronics and fashion, among others, according to cybersecurity firm Kaspersky...
FDA warns vs 4 India-made cough syrup brands for kids
Philippine Daily Inquirer, October 25, 2022
Dona Z. Pazzibugan
The Food and Drug Administration (FDA) has warned the public against four contaminated cough and cold syrup medications for children that have been flagged by the World Health Organization (WHO) since Oct. 5 for causing multiple deaths and acute kidney injuries...
Koreas trade shots along boundary
The Manila Times, October 25, 2022
Associated Press
North and South Korea on Monday exchanged warning shots along their disputed western sea boundary — a scene of past bloodshed and naval battles — in a development that raises fears of possible clashes following Pyongyang's recent barrage of weapons tests...
IMF: Europe risks 'deeper recessions' on war, prices
The Manila Times, October 25, 2022
Agence France-Presse
Downturns in parts of Europe could turn into "deeper recessions" across the continent as energy disruptions threaten economic pain, while a cost-of-living crisis risks stoking social tensions, the International Monetary Fund (IMF) said in a report on Sunday (Monday in Manila)...
EU calls for 'ambitious targets' ahead of COP27 summit
Philippine Star, October 25, 2022
Agence France-Presse
The EU set out its position for the COP27 climate summit on Monday in a text that called for "ambitious targets" but did not put a figure on financial help for developing countries...
New PM inherits UK economy in crisis
The Manila Times, October 24, 2022
Agence France-Presse
Britain's new prime minister, set to be former finance minister Rishi Sunak, inherits a UK economy that was headed for recession even before the recent turmoil triggered by Liz Truss...
For struggling Haiti, return of cholera is a 'catastrophe'
Philippine Star, October 25, 2022
Agence France-Presse
When humanitarian officials in Haiti try to describe their concerns over a new, fast-spreading cholera epidemic, they struggle to find words strong enough: "alarming," "chaotic," even "a catastrophe"...
‘Not a time to relax on COVID, flu’
Manila Standard, October 25, 2022
Agence France-Presse
As winter approaches, the World Health Organization on Monday stressed the importance of staying vigilant as cases of COVID and influenza rise in Europe, encouraging more people to get vaccinated...
PCCI prods government: Ease travelers’ entry to PHL
BusinessMirror, October 25, 2022
Andrea E. San Juan
The Philippine Chamber of Commerce and Industry (PCCI) is hoping that the government will “do whatever they can” to ease the entry of foreign visitors to the country...
PSE sanctions 10 firms for breaking disclosure rules
BusinessWorld, October 25, 2022
Justine Irish D. Tabile
The Philippine Stock Exchange, Inc. (PSE) imposed sanctions on 10 listed companies for their failure to comply with Sections 7 and 17 of Article VII of Consolidated Listing and Disclosure Rules...
DepEd pressed for data on COVID cases in schools
Philippine Daily Inquirer, October 25, 2022
Jane Bautista
Dr. Tony Leachon, a public health expert and former adviser to the National Task Force Against COVID-19, on Monday pressed the Department of Education (DepEd) to release the data on COVID-19 infections on campuses, a week before the full implementation of in-person classes in public schools on Nov. 2...
Hontiveros to DepEd: Don’t enable historical distortion
Philippine Daily Inquirer, October 25, 2022
Melvin Gascon
Sen. Risa Hontiveros on Monday scored alleged attempts to rebrand the dark period under martial law as the “new society” as she reminded the education sector to avoid becoming an enabler in the distortion of history...
COVID-19 positivity rate in 7 provinces at ‘high levels’
Philippine Star, October 25, 2022
Pia Lee-Brago
The seven-day COVID-19 positivity rate in the National Capital Region (NCR) has further decreased, but it increased to “high levels” in seven provinces in the country, the OCTA Research Group said yesterday...
Confiscated sugar up for auction
The Manila Times, October 25, 2022
Bella Cariaso
An official of the Sugar Regulatory Administration (SRA) said that at least 11,500 bags of sugar confiscated during the raid of warehouses will be auctioned after owners failed to present documents...
Politicians among 'persons of interest'
The Manila Times, October 25, 2022
Franco Jose C. Baroña , William B. Depasupil and Francis Earl Cueto
The Philippine National Police (PNP) chief said on Monday there are 160 persons of interest or possible suspects, including the chief of the Bureau of Corrections (BuCor), in the killing of radio commentator Percival Mabasa, more popularly known as Percy Lapid...
Public warned vs pediatric drug products
Philippine Star, October 25, 2022
Rhodina Villanueva
The Food and Drug Administration (FDA) has warned the public against the purchase and use of four contaminated pediatric drug products...
Ex-DICT chief wants vote log on May 9 polls saved
Philippine Daily Inquirer, October 25, 2022
Tyrone Jasper C. Piad
The former chief of the Department of Information and Communications Technology (DICT) wants the Supreme Court to have the transmission logs on the May 9 elections kept for review, amid a looming deadline on the deletion of the files in accordance with law...
Congress will find funding for seniors’ pension hike – solon
Philippine Daily Inquirer, October 24, 2022
Gabriel Pabico Lalu
Congress will find funding in the 2023 national budget for the increased pension of indigent senior citizens, Rep. Rodolfo Ordanes of the Senior Citizens party-list said in a statement issued on Sunday...
Narrow focus on GDP fueling biodiversity losses
BusinessMirror, October 25, 2022
Cai Ordinario
Major biodiversity losses in the past few years are “by-products” of the world’s economic growth, according to an expert from the Asian Development Bank (ADB)...
‘Time to boost PHL coco oil yield, marketing’
BusinessMirror, October 25, 2022
Jovee Marie De La Cruz
An economist-lawmaker on Monday called on the Philippine Coconut Authority to “seize on the opportunity” to boost coconut oil production and marketing as global spot prices of palm oil are seen to go upward...
PH eyes retail dollar bond sale in Dec
The Manila Times, October 25, 2022
Philippine News Agency
The Philippine government plans to offer another US dollar-denominated retail treasury bond (RTB) in December 2022...
Philippine gov’t mulling over dollar bond issue in Dec
Philippine Daily Inquirer, October 25, 2022
Ronnel W. Domingo
The Philippine government will continue to rely more on domestic borrowings compared to foreign funds to meet its needs, but it is also considering to float US dollar-denominated retail bonds in December, according to Finance Secretary Benjamin Diokno...
Sardine makers won’t recall price hike request
Philippine Daily Inquirer, October 25, 2022
Jordeene B. Lagare
Canned sardine manufacturers won’t take back their earlier request to raise the price ceiling on their products as their input cost continues to shoot up due to rising fuel prices and the weakening of the peso against the US dollar...
PH to have its 1st LNG delivery in Q1 of 2023
Philippine Daily Inquirer, October 25, 2022
Jordeene B. Lagare
Singapore-based Atlantic, Gulf & Pacific International Holdings (AG&P) is finally bringing to the country liquefied natural gas (LNG) with the opening of a terminal by the first quarter of 2023...
Investors pick up shares ahead of Q3 earnings
Philippine Daily Inquirer, October 25, 2022
Tyrone Jasper C. Piad
Investors hunted for bargains ahead of the release of corporate earnings reports for the third quarter, with the Philippine Stock Exchange index (PSEi) opening the week in the green...
DoF’s Diokno concedes ‘new workforce models’ needed for BPO industry
BusinessWorld, October 24, 2022
Luisa Maria Jacinta C. Jocson
The Government will support new modes of deploying workers as the business process outsourcing (BPO) industry transitions to a new regulator which will be more permissive of work-from-home (WFH) arrangements, Finance Secretary Benjamin E. Diokno said...
T-bill rates rise across the board
Philippine Daily Inquirer, October 25, 2022
Ronnel W. Domingo
The government raised P6.6 billion out of the P15-billion goal from the partial award of Treasury bills, as the cost of borrowing continued to rise for short-term debt paper...
BFAR, canned sardines manufacturers sign MoA
The Manila Times, October 25, 2022
Bella Cariaso
The Bureau of Fisheries and Aquatic Resources (BFAR) and the Canned Sardines Association of the Philippines (CSAP) on Monday signed a Memorandum of Agreement (MOA) to prevent the looming shortage of tamban (sardines) during the closed fishing season starting in December...
DHSUD orders Sta. Lucia Realty to freeze lot sales
The Manila Times, October 25, 2022
Moises Cruz
The Department of Human Settlements and Urban Development (DHSUD) directed the Sta. Lucia Realty and Development to stop selling and promoting properties until it can explain alleged violations in the sale of 19 lots in a subdivision in Quezon City...
Gov’t commits in solving tax incentive claims in IT-BPM sector
Philippine Daily Inquirer, October 24, 2022
Kristelle Anne Razon
The government committed on Monday to solve the tax incentive issue claims for the Information Technology and Business Process Management (IT-BPM) sector...
Strong agriculture needed to attain GDP growth target
Philippine Star, October 25, 2022
Louise Maureen Simeon
The country’s agriculture sector should grow by two to three percent per year to significantly contribute to the country’s overall economic growth target...
Oil firms slash diesel prices by P1.10 per liter
Manila Standard, October 25, 2022
Alena Mae S. Flores
The country’s oil firms cut pump prices by as much as P1.10 per liter effective today (Tuesday) to reflect the movement of prices in the world oil market...
NEW ACQUISITION
Strategic management and business policy: globalization, innovation, and sustainability, Fifteenth edition, Global edition
by Thomas L. Wheelen, , J. David Hunger, Alan N. Hoffman, Charles E. Bamford
Publisher: Harlow, England: Pearson, 2018
HD 30.28 W43 2018 B-38491
Abstract: The book further sharpens and modernizes its approach to teaching strategy with an emphasis on globalization, innovation, and sustainability. Throughout, the authors equip students with the strategic concepts they will need to know as they face the issues that all organizations must build upon to push their businesses forward. This edition brings a fresh perspective to this extraordinarily well¬-researched and practically crafted lesson. Also included is a new chapter on Global Strategy, along with new vignettes and comprehensive, real-world case studies.
Retailing management, Tenth edition, International student edition
by Michael Levy, Barton A. Weitz, Dhruv Grewal
Publisher: New York, NY: McGraw-Hill Education, [2019]
HF 5429 L47 2019 B-38492
Abstract: Retailing management, highlights the many ways the retail industry has transformed and evolved over the past four years. In keeping with its market-leading tradition, this tenth edition focuses on key strategic issues with an emphasis on financial considerations and implementation through merchandise and store management. Strategic and tactical issues are examined for a broad spectrum of retailers, both large and small, domestic and international, selling both merchandise and services. This edition builds on the basic philosophy of the previous editions but every example, fact, and key term has been checked, updated, or replaced to ensure that this cutting-edge product remains up to date. Because the authors realize that retailing is taught in a variety of formats, a comprehensive supplemental package for instructors is provided, as well as a comprehensive online instructor's manual with additional cases and teaching suggestions. In keeping with the authors' goal of providing a "good read" for students, the conceptual material continues to be supported with interesting, current, real-world retailing examples.
Strategic management: an integrated approach theory and cases, 13th edition
by Charles W. L. Hill, Melissa A. Schilling, Gareth R. Jones
Publisher: Boston: Cengage Learning, [2020]
HD 30.28 H56 2020 B-38493
Abstract: The book introduces today's accumulated knowledge of strategic management scholarship in a way that is extremely accessible to students with engaging, cutting-edge research and 31 short and long case studies from well-known, leading global companies.
Accounting with IFRS essentials: an Asia edition
by Carl S. Warren, James M. Reeve, Jonathan E. Duchac and Jeff Ng
Publisher: Singapore: Cengage, [2019]
HF 5636 W37 2019 B-38494
Abstract: Accounting with IFRS Essentials: An Asia Edition gives undergraduates in accounting and business a solid foundation in accounting to prepare them for future business courses and the real world. The book has chapters open with descriptions of Asian companies and businesses, cases and projects. It is also aligned to the latest IFRS/ IAS standards.