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Technology has transformed the way we work and communicate, making it faster, easier, and more efficient. It also brings new opportunities and challenges for businesses, especially in managing risks.

The projected cost of cybercrime is predicted to grow from $3 trillion in 2015 to $10.5 trillion in 2025, according to Cybersecurity Ventures. Their published Cybercrime Report enumerates the following as cybercrime costs: “damage and destruction of data, stolen money, lost productivity, theft of intellectual property, theft of personal and financial data, embezzlement, fraud, post-attack disruption to the normal course of business, forensic investigation, restoration and deletion of hacked data and systems, and reputational harm.”

The most successful organizational executives have an unquenchable drive for expansion, even in a challenging economic climate. Businesses must have the hunger for growth by making the appropriate decisions on supply chain management, technology, market research, integration, and human resources. And in the dynamic landscape of commerce, exploring the longevity of a business is akin to embarking on a captivating journey through time.

Terrorism needs funding. Preventing and disrupting the financing of terrorism is key to limiting the capability of terrorist groups to prepare or carry out attacks. In the recent twin blasts that killed at least 84 people and wounded more than 280 people in Iran, the ISIS armed group claimed responsibility. It was the deadliest attack to target Iran since its 1979 Islamic revolution.

The year 2024 has arrived, and perhaps most of us already have new year’s resolutions. Yet with all our desires to become better people, is becoming sustainable a part of it?

The signing of Republic Act No. 11967, commonly known as the Ease of Paying Taxes (EOPT) Act, into law on January 5, 2024, serves not only to modernize the current tax administration but also to update the taxation system. It also provides a more comprehensive and streamlined process aimed at encouraging more taxpayers to pay taxes on time and foster compliance. The law will be effective on 22 January 2024.

In the wake of the global pandemic, societies and economies are fervently working towards recovery and resilience. The post-pandemic era presents a unique landscape marked by lessons learned, transformative changes, and the pursuit of a more sustainable and inclusive future.

The present global economic landscape continues to pose challenges for mid-market firms in the Philippines with 52% of business leaders identifying economic uncertainty as a significant restraint to business growth according to the latest International Business Report (IBR) conducted by Grant Thornton International.