In 2003, John Concepcion, Unilever RFM Ice Cream Inc. chief and managing director, decided he wanted to do more for the community. At the time, the company, maker of Selecta ice cream, was already a leading producer of the popular comfort food for Filipinos.
Starting 2019, the Japanese government will be hiring more Filipinos to work in key sectors in the country.
Rodolfo Vertucio, a farmer from Calinan, Davao City, has been in the banana business for 20 years. And for most of those years, a stable income was hard to come by.
The Philippines is blossoming with business potential, and the world is undoubtedly taking notice. That’s why Pierre Cote decided to enter an industry in the country that is already native to the land, but not being optimized - the coffee industry.
For years, an informal cottage industry spearheaded by rag-weavers living in Payatas, Quezon City was operated by the many artisans, mostly women, who developed a means to earn a living by recycling factory end-cuts and rejects, into hand-woven foot rugs.
Access to bigger loans with low repayment amounts and long payment periods gives self-employed microentrepreneurs (SEME) the means to expand their business operations, said BanKo president Jerome Minglana.
When super typhoon Yolanda struck the country in 2013, it destroyed almost everything Retchel Pasturan’s family owned. “Nahurot. Naguba dyud totally an balay (Gone. Our house was totally damaged),” Pasturan, a 35-year-old backyard farmer in Ormoc City, said.
Six of the region’s most respected award-giving bodies in the field of finance and investment banking recognized BPI Capital, a subsidiary of Bank of the Philippine Islands (BPI), with nine of the industry’s most coveted awards for its investment banking transactions.
Education is the great equalizer. That much Alvin Laurian knew so he was determined to finish college.
For many Filipino seafarers and their families, a large portion of their income goes into the acquisition of the latest gadgets, continual home improvements, and perhaps a brand new car. And why not? They have the money.
Bernie Tadeo, 41, remembers the time when his family struggled to make ends meet. His wife was the sole breadwinner so they had a hard time finding the money for food, their children’s school expenses and utility bills.
The Philippines has escaped the lower ranking for Asian trade economies and rose to the top 10 of sustainable economies ranked by Hinrich Foundation Sustainable Trade Index.