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IT IS the policy of the Philippine government to pursue a program of poverty eradication so that poor Filipino families shall be encouraged to undertake entrepreneurial activities to meet their minimum basic needs. In pursuing entrepreneurial activities, financing is needed to start, sustain and grow the business.

PREVIOUSLY, the Securities and Exchange Commission (SEC) issued Memorandum Circular No. 9-2011, prescribing a 10-year limit on independent directors in listed, public and mutual fund companies.

But the poor will not always be forgotten. (Psalm 9:18)” This Bible quote gives a fine touch to the “should-be” reality that even those in the marginalized sectors of the society, such as the poor, are still an integral part of the nation and should never be forgotten.

From the several job fairs and student conventions I attended, I knew that it has become a norm for students to ask: “What is your company’s competitive advantage over the other players in the industry?” Whenever this is asked, I notice that the audience holds its collective breath to hear every word that comes from the mouth of a resource speaker or a company representative, much like the way they wait for a Miss Universe bet to answer her clincher question.

One political analyst has said that President Rodrigo R. Duterte’s rise to power stems from voter frustration with the prevailing system of the government. His victory was a protest against the failure of previous administrations to solve corruption and criminality. But many critics of the President view his promise of change and reform to be a pitfall if he does not deliver.

In 2017, leadership teams are grappling with new conditions of global risk. With few predicting the happenings of recent years, businesses are striving to prepare for the further possibility of inconceivable events.

While the current administration is trying to rebuild the nation through its war on drugs,truce with rebel groups, eradication of corruption in government, and improvement of government services, among others, businesspeople like mecan also contribute in this rebuilding process through our Corporate Social Responsibility (CSR) initiatives. This is the perfect time for businesses torethink their CSR efforts and ride the wave of change that is in ourmidst.

According to news reports, the House of Representatives approved on third and final reading two tax bills: House Bill (HB) No. 4814 proposing an estate tax amnesty, and HB 4815 which calls for a single lower estate tax rate. Our congressmen unanimously passed the bills. HB 4814 garnered a vote of 216-0-0, while HB 4815 received a vote of 219-0-0.