What Does Digital Mean for Your Business?
In line with the government’s agriculture focus to address food and national security, it is high time to talk about street food innovation and the opportunities that lie with it. A quick YouTube scan of food vlogs about Southeast Asia shows a big disparity between what is available outside the Philippines versus what we have here. Vloggers such as Mark Weins of Migrationology, Sonny … Read moreStreet food innovation
The global cross-border e-commerce market was valued at $578.57 billion in 2019 and is expected to reach $2.248 billion by 2026, expanding at a CAGR (compounded annual growth rate) of 17.4 percent, based on the data from alltheresearch.com. An UNCTAD report supported these figures with a report that showed that the average share of internet … Read moreProspects in cross-border e-commerce
The adoption of digital banking transactions among Filipinos continues to accelerate even when face-to-face dealings are already back. According to 2021 Financial Inclusion Survey (FIS) of the Bangko Sentral ng Pilipinas (BSP), 60% of those with mobile phones and internet access in 2021 performed financial transactions online, such as fund transfers and payments, jumping from … Read moreHow HR is driving digital transformation in banking
Just like in other important matters in life, it is essential to approach these efforts on a long-term basis. As an example, when we plan for our retirement, we take note of many things and ensure habits and other behaviors apt for such are put in place; we invest as early as we can to … Read moreFood security: A long-term approach
Many businesses dream of conquering the world stage, or with the global audience as its market. We see this through the many efforts of several business outfits expanding their operations not just locally but also overseas, which take many years in planning and execution. In addition, we also discover that it is not only businesses … Read moreBringing the Philippines to the global stage
Now, the problem we are facing as a country is sugar. The Philippines has been teetering on a sugar shortage issue in the last few months following the sector’s missed production target due to weather disturbances and high input costs. There are talks to have the sugar industry liberalized to open it to importations. Not … Read moreWhy the Philippines needs futures thinking
A recent Bloomberg article stated that President Ferdinand R. Marcos Jr. was looking to grow the economy by 8 percent during his term. What do we know of the government’s plans to reach this growth pace, last seen in 1976 during the presidency of his late father, Ferdinand E. Marcos Sr.? For one, we know of the direction to … Read moreSustaining digital behaviors to fuel the economy
The Philippine Digital Workforce Competitiveness Bill is now a law! The Digital Workforce Competitiveness Act or Republic Act No. 11927 lapsed into law last July 30. This enables the establishment of the Inter-Agency Council for Development and Competitiveness of Philippine Digital Workforce that will lead the promotion, development, and enhancement of the competitiveness of Filipinos … Read moreGig economy poised to take off
After declining to a 10-month low in March, net foreign direct investments (FDIs) surged 48.3 percent to a four-month high of $989 billion in April, the Bangko Sentral ng Pilipinas recently reported. FDI commitments, meanwhile, totaled P8.98 billion in the first quarter, down 54.1 percent from a year earlier based on a May report by … Read moreInnovation in attracting foreign direct investments
The first executive order issued by Vice President and Education Secretary Sara Duterte-Carpio mandates that face-to-face classes should resume on Nov. 2, 2022 for both public and private schools. The transition options provided can only be implemented up to the end of October: five days of in-person classes; blended learning modality, i.e., three days of … Read moreSchooling in the new normal