President's Message
Atty. Benedicta Du-Baladad Message from the President:

Benedicta Du-Baladad

To FINEX members and friends,

To FINEX members and friends, PRESIDENT’S REPORT April 2017 Issue The first quarter of 2017 has been very busy for our organization. Our organization has been very active in various advocacy programs especially participating in various consultative meetings on tax reform. On top of that, we have also conducted several activities for the professional development of our members.

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FEATURED ARTICLES
Business as usual amid martial law
J. Albert GamboaBy J. Albert Gamboa

MANILA TIMES(FINEX Files)
May 26, 2017

Business as usual amid martial law

DAVAO CITY:Economic activity remains normal in this part of the Philippines despite President Rodrigo Duterte’s declaration of martial law on Tuesday covering the whole region of Mindanao.

No additional checkpoints are visible within Metro Davao, and the nightlife has not been affected.

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Engines of growth
Flor G. TarrielaBy Flor G. Tarriela

BUSINESS WORLD (FINEX Folio)
May 26, 2017

Engines of growth

The BusinessWorld Economic Forum held last week showcased the Duterte administration’s direction on infrastructure development with the slogan BUILD! BUILD! BUILD! The forum allowed participants to have a better view of the present developments on government programs such as the tax reform program, regional development and agriculture, to name a few.

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The Urge to Build
Jose Ma J. FernandezBy Jose Ma J. Fernandez

Business Mirror (FINEX Free Enterprise)
May 23, 2017

THE URGE TO BUILD

For as long as Man has existed, he has felt a need to expand frontiers, build monuments, or simply master all that he surveys. Thus, we find the ill-fated attempt to build a tower reaching up to the skies, the Babel of history, remaining as a distant memory when it should, in fact, be a lesson on what not to do.

After the disastrous coup attempt of December 1989, a frustrated President Cory asked a small group for solutions. At that time, I was helping out one of my bosses in the private sector, who had transitioned into government as head of the Coordinating Council for Philippine Assistance Program (CCPAP). I got a call from a close friend, a relative of the sitting president, and got assigned to write a paper on the problem.

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Building a start-up culture
Mr. Reynaldo C. Lugtu, Jr.By Reynaldo C. Lugtu, Jr.

MANILA BULLETIN (Business Option)
May 23, 2017

Building a start-up culture

The average lifespan of companies in Standard & Poor’s 500 Index has been shortening over the years – from 33 years in the 1965 to 20 years in the 1990, and forecast to shrink to 14 years by 2026. This is according to a 2016 study of turnover in the S&P 500, conducted by consulting firm Innosight.

If we follow its forecast, about 50 percent of the S&P 500 will be replaced over the next 10 years. This is exactly what happened to the past seven years alone wherein many renowned companies have been cast out from the S&P list: Eastman Kodak, National Semiconductor, Sprint, US Steel, Dell, and the New York Times, replaced by newer companies like Facebook, PayPal, Under Armour, Seagate Technology, and Netflix.

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Salute to the BSP governor!
Atty. Benedicta Du-Baladad Atty. Benedicta Du-Baladada
BUSINESS WORLD (FINEX Folio)

May 19, 2017

Salute to the BSP governor!

On July 2, Amando M. Tetangco, Jr. will officially bow down after twelve (12) successful years as the governor and chairman of the Monetary Board of the Bangko Sentral ng Pilipinas (BSP).

In recognition of his significant contribution to the country’s economic growth, and strengthening confidence in the country amidst local, regional and global challenges, the Financial Executives Institute of the Philippines (FINEX),

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Proposed auto excise-tax rates
Mr. George S. ChuaBy Mr. George S. Chua

BUSINESS MIRROR (Free Enterprise)
May 17, 2017

Proposed auto excise-tax rates

In the news recently was the occupation of some families from Metro Manila and parts of Bulacan province, of some 4,000 houses from five government housing projects in Pandi town and the City of San Jose del Monte. The simplistic argument of those who forcibly took over these houses were that they were poor and that the government refused to provide them “decent homes” and that they saw these homes were unoccupied so they decided to occupy them.

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UPCOMING EVENTS
The Rising Threat of Cybercrime

At Dusit Thani from 27 Jun 17 02:00 PM to 27 Jun 17 05:30 PM - By FINEX - Events - Details

Samar Leyte Tour at Dao Balay kawilan, Dulag, Samar, Leyte

At Dao Balay Kawilan from 10 Jun 17 08:00 AM to 12 Jun 17 05:30 PM - By FINEX - Events - Details

Making Business Transaction Easier - Using Bitcoin and Blockchain

At New World Hotel, from 07 Jun 17 01:00 PM to 07 Jun 17 05:30 PM - By FINEX - Events - Details

BUSINESS WRITING SEMINAR

At Tower Club from 30 May 17 01:30 AM to 30 May 17 05:30 AM - By FINEX - Events - Details

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