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Business98123 What we will see may mostly be a combination of monetary and fiscal policies intended to pay debts an

The pandemic has revealed significant gaps in countries’ health information systems. Clearly, these gaps are persistent ...
30/05/2022

The pandemic has revealed significant gaps in countries’ health information systems. Clearly, these gaps are persistent issues that have only been revealed by the current crisis, but have been languishing for far longer. Inequalities by income, age, race, s*x and geographic location are made larger as the complex, interconnected threats to global health and well-being are rooted in social, economic, political and environmental issues. Due to its scope, COVID-19 threatens to jeopardize the hard-won health and development gains made in recent decades.
To address those gaps, Mr. Ghebreyesus stressed the importance of national and sub-national health systems, as these systems comprise “the foundation of global health security.”

There has also been an emerging preference for “horizontal condominiums.” This type of condominium, according to Archite...
29/05/2022

There has also been an emerging preference for “horizontal condominiums.” This type of condominium, according to Architect John Ian Lee Fulgar in an online article, brings the lifestyles that mark high-rise condominiums into typical Filipino houses similar to regular house-and-lots, rowhouses, or even townhouses. In terms of location, this type is often found near beaches or vacation spots. Kasa Luntian in Tagaytay City and Vista de Loro in Batangas are cited as examples of horizontal condominiums.
The concept of “vertical village” has also been on arising, as shown in the launch of a Camella Manors project in Davao. As BusinessWorld reported last year, Camella Manors Operations Head Marlon B. Escalicas said the development is positioned as “vertical villages” as “as these combine the conveniences of condominium living within a community in a prime location with commercial establishments, public transport access, and medical facilities, among others.”

Lamudi also observed that in Pasay City, new vertical developments such as condominiums and office towers are continuing...
29/05/2022

Lamudi also observed that in Pasay City, new vertical developments such as condominiums and office towers are continuing to crop up. “The city continues to be an attractive investment destination especially for employees of firms and government offices in the area as well as those who frequently fly for work,” the report read.
Recently, however, the concepts of horizontal and vertical development have apparently evolved as the perks and advantages of both types have been bundled into new offerings.
Take horizontal multifamily, for example. A popular trend in the United States, horizontal multifamily can be described as a type of property that brings to residents the privacy of single-family homes (often a horizontal development attribute), while still reaping the benefits of multifamily amenities and on-site property management (something likely picked up from vertical developments like condos).

“Aligned with this is the empowerment of coastal communities, primarily with the provision of employment opportunities f...
28/05/2022

“Aligned with this is the empowerment of coastal communities, primarily with the provision of employment opportunities for the benefit of locals. The other companies focus on addressing other areas of social development,” the MPIF president continued.

Having witnessed these dynamics of collaboration adding further meaning to MPIF’s CSR initiatives, Ms. Del Rosario noted that CSR has been redefined from corporate social responsibility to collaborative social response.

“Rooted in the idea that no single company, organization, or government unit can take on this responsibility alone, it is imperative that we create, develop, and continue to foster meaningful partnerships that will benefit our country and our fellow Filipinos the most. Every ripple of intention and initiative that each sector makes can result in a greater wave of purpose and passion that will create a better and brighter future for everyone,” the MPIF president shared.

MPIF, nonetheless, has been an active collaborator with fellow companies within the Manuel V. Pangilinan (MVP) Group of ...
28/05/2022

MPIF, nonetheless, has been an active collaborator with fellow companies within the Manuel V. Pangilinan (MVP) Group of Companies through Tulong Kapatid, the corporate social responsibility alliance of foundations and companies within the MVP group.

With sister companies and foundations such as One Meralco Foundation, PLDT-Smart Foundation, Makati Medical Center Foundation, Alagang Kapatid Foundation Inc., and Maynilad, Ms. Del Rosario shared, MPIF has determined its CSR pivot to be the champion of coastal and underwater protection and conservation in the group.

Meanwhile, Mr. Marcos said an economic recovery plan should be put in place before considering the fiscal consolidation ...
27/05/2022

Meanwhile, Mr. Marcos said an economic recovery plan should be put in place before considering the fiscal consolidation plan of the outgoing Finance Secretary Carlos G. Dominguez III.

“We have to have an economic recovery plan (first) and fiscal policy will follow,” he said.

The Finance department on Wednesday presented a fiscal consolidation plan for the next administration, which includes imposing new taxes and deferring personal income tax reductions in order to generate more revenues to pay off the country’s ballooning debt. As of end-March, National Government debt stood at a record P12.68 trillion.

Mr. Marcos said they are considering tax relief for sectors most affected by the pandemic such as micro, small and medium enterprises (MSME) and the agriculture sector.

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