This 2023, we posted significant increase in Management Association of the Philippines (MAP) membership and inducted 161 new members, a 15-percent addition that brought the number to 1,200 by year-end. Stricter guidelines for accepting new members were also implemented as adopted in the revised guidelines on nomination. Our continuing support for diversity and inclusion is evidenced by the 20-percent increase in our women membership, which now represents 25 percent of total. This year is also th...
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Life insurance is a particularly effective risk management tool for Filipinos, given the unique socioeconomic challenges and cultural values that characterize the Philippines. Here are several reasons that illustrate why life insurance is especially important for Filipino families. In the Philippines, there is a strong cultural emphasis on family and community support. It is common for a single income earner to support multiple family members, including children, spouses and often extended family such as parents and siblings. Life insurance ens ...
The Anti-red Tape Authority (Arta) on Wednesday launched their new artificial intelligence-powered electronic complaint management system (E-CMS) as part of its bid to make the filing and handling of complaints against unnecessary bureaucracy easier and more accessible. Arta Secretary Ernesto Perez launched their E-CMS, a web-based platform accessible by the public where they can submit complaints and track the progress of their cases · READ: PH gov’t rises in global anti-red tape ranking to 49th – Arta ...
The geopolitical landscape is constantly shifting and with every movement, the world feels the tensions as countries balance their actions and reactions to mitigate the risks and/or take advantage of opportunities. Factors such as international crises, environmental and climate stress, economic conditions or changing alliances can trigger geopolitical shifts and the resulting dynamics, risk resilience and the agility of the government to quickly adapt will be critical determinants of success or failure. ...
In the unlikely event that the RH Bill will be finally be put to a vote in the House of Representatives before the current session is over, every member of Congress should vote a resounding NO TO THE RH BILL. A law based on the assumption of the desirability of birth or population control is pure economic nonsense when all the kudos and praises being heaped on the Philippine economy by international organizations—both governmental and private—are citing the advantages of a growing and young population. A recent report from Bloomberg (one of ...
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The connection between money and happiness has been debated for a long time, and the answer is not so straightforward. A study by Matthew Killingsworth of The Wharton School suggests that higher incomes are generally associated with greater happiness, especially when people have enough money to meet their needs. However, once a certain income level is reached, having more money doesn’t make people significantly happier. This means that money does play a role in promoting happiness, but it’s most important when people have enough income to c ...
The embattled MFT Group led by CEO Maria Francesca “Mica” Tan is not about to throw in the towel even with the cease-and-desist order slapped against it. This as lawyer Rey Villegas, a private creditor of the MFT Group’s The Foundry, has urged the Securities and Exchange Commission (SEC) to lift the order against the companies, saying that “honoring their loan obligations has been the foundation of the long-standing private transactions by the shareholders with their creditors.” ...