No one can deny the significant contributions of the construction industry in the establishment and development of the socio-economic structure of the Philippines. Over the period, building projects are largely becoming more complex and clients demand the highest standards of quality. Therefore, adoption of management quality system has now become more of a necessity and not merely a option for construction companies.
A REIT or Real-Estate Investment Trust is an independently registered company, acting as a trust, that owns an income-producing real estate asset. This asset provides returns to the investors, leading to dividends and capital gains as a benefit to shareholders of the REIT company. REITs have a capital structure similar to that of a mutual fund while having a legal form of a trust. It has relaxed taxation liabilities, making it an attractive investment. How is this industry doing in the Philippines?
The Philippine financial economy has grown at a sizzling pace of 6.5% in the second quarter of the year 2017 and has broken the records of the first quarter. What does this mean for SMEs?
Small and medium enterprises (or usually known as SMEs) often play an important role in the growth of developing economies. But what contributions do they make and what challenges are encountered along the way?
Foreign investors and international companies have been employing Philippine’s labor resources for quite some time. These foreign entities have been flourishing and making huge profits by using Philippine manpower; while paying them very low wages. Thus, in order to avoid brain-drain and employ these labors within the country, the government of Philippine has encouraged the creation and development of SMEs by passing Republic Act (RA) 6977 - the Magna Carta for Small Enterprises.
What do Return on Investment metrics do? How do they matter to you and your business? In this article, we outline the basics for your benefit.
Small- and Medium-Scale Enterprises (or SMEs, in short) are often considered as an important source of economic growth and employment; mainly because of their ability to adapt to market changes and their capacity to grow. However, in many developing countries including the Philippines, these SMEs make up a large segment of registered businesses, but relatively a much smaller share of national GDP.
The Philippine banking industry has always played a substantial role in sustaining the pace of growth of the country’s economy. Presented here is a summary of the Philippine banking sector.