finex | ABS-CBN News

FINEX urges big firms to also serve stakeholders

Warren de Guzman, ABS-CBN News
Posted at Jul 27 03:03 PM

In what is dubbed as stakeholder capitalism, FINEX said businesses should act with the best interests of all stakeholders in mind, not just their stockholders or owners. Read more »

Incoming DTI chief Alfredo Pascual will have a lot on his plate

Art Fuentes, ABS-CBN News
Posted at Jun 30 02:33 PM

With consumers already reeling from the steep hikes in the prices of basic goods, and manufacturers begging for even more price increases as input costs continue to spike, the next head of the DTI will have his work cut out for him. Read more »

Big business groups, firms back return-to-office policy

ABS-CBN News
Posted at Mar 21 06:56 PM

Major business groups and companies backed the government’s move to get employees to return to their workplaces, even as BPOs appealed for an extension of work-from-home setups. Read more »

Cutting debt is top task of next admin: DOF

ABS-CBN News
Posted at Feb 22 04:21 PM

Bringing down the country’s debt, which ballooned during the pandemic, should be the first task of the next administration, said Finance Sec. Carlos Dominguez III. Read more »

Finance execs welcome Alert Level 2 in NCR

ABS-CBN News
Updated as of Nov 06 10:17 AM

A group of finance executives has thanked the government for shifting Metro Manila to looser quarantine under Alert Level 2. Read more »

Biz groups say public has right to comment on SALN

ABS-CBN News
Posted at Sep 15 02:39 PM

Criminalizing commentaries on the SALNs of public officials violates the Constitutional provision on freedom of speech, several business groups said. Read more »

FINEX calls on Duterte to enact pending 'pro-business' measures

ABS-CBN News
Posted at Jul 27 02:51 PM

President Rodrigo Duterte should ensure that crucial "pro-business" bills are enacted into law before his term ends so as to attract more investments, a business group said Tuesday.   Read more »

'Time is of the essence:' Gov't urged to 'step-up' efforts instead of using COVID-19 lockdowns

ABS-CBN News
Updated as of Apr 12 09:38 AM

Authorities must "step-up" efforts in data management, contact tracing, vaccine procurement and logistics, and quarantine and hospital facilities, Financial Executive Institute of the Philippines' president Francis Lim said in a statement.  Read more »

Even large business now hurting after 1 year of lockdowns: Management group

ABS-CBN News
Posted at Mar 30 03:57 PM

One of the country's most influential business groups on Tuesday said it "hopes" the government will not extend the strict quarantine measures imposed over Metro Manila and nearby provinces because of its impact on businesses.    Read more »

Financial execs 'strongly urge' passage of GUIDE bill to aid small businesses

ABS-CBN News
Posted at Feb 25 05:18 PM

A group composed of the country’s top financial executives is urging Congress to pass a bill that seeks to provide financial assistance to distressed micro, small and medium enterprises (MSMEs). Read more »

Financial execs oppose Cha-cha, say gov't must focus on economic recovery

ABS-CBN News
Posted at Jan 18 06:50 PM

The premier group of the country's top financial executives has "strongly opposed" changes to the Constitution through the government's proposed charter change (Cha-cha), as amendments should be limited to economic reforms. Read more »

Philippine business groups urge public, private sectors to cooperate for disaster response

ABS-CBN News
Updated as of Nov 17 06:13 AM

The largest business groups in the Philippines on Monday urged the public and private sectors to cooperate and address environmental concerns after a series of typhoons caused massive devastation in the country, with recovery potentially taking months. Read more »

Ayala chief: Malls should provide more services to tenants

ABS-CBN News
Updated as of Sep 09 06:58 PM

Jaime Augusto Zobel de Ayala, CEO of AC, said that mall operators need to adapt to challenges posed by the COVID-19 crisis.  Read more »

Tax reform more important than new anti-terror bill: Financial executives group

ABS-CBN News
Posted at Jun 09 12:02 AM

MANILA - A group of financial executives on Monday said it opposes the enactment of the Anti-Terrorism Act (ATA), and called on Congress to prioritize the passage of the corporate tax reform bill instead. Read more »

Economy seen to get 'jump start' from further lockdown easing

ABS-CBN News
Posted at May 29 11:35 AM

Placing Metro Manila under general community quarantine will help spur economic activities provided that discipline will be practiced by Filipinos to avoid a recurrence, several business groups said Friday.    Read more »