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The Philippines has recently enacted Republic Act No. 12023, which imposes a 12% value added tax on digital services providers, both resident and non-resident.
In this B-Side episode, BusinessWorld discusses some of the ramifications of the law with Pia Rodrigo, a communications officer of Action for Economic Reforms, an independent, reform-oriented policy group.
Interview by Edg Adrian A. Eva
Audio editing by Jayson Mariñas
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What are the top issues facing the Philippine electoral system? If the political party system is broken, then how do we fix it? How important is education in a democracy? BusinessWorld speaks with Clarita R. Carlos, a retired political scientist from the University of the Philippines, about these issues.
Interview by Patricia Mirasol
Audio editing by Jayson Mariñas
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Saknas det avsnitt?
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Philippine President Ferdinand “Bongbong” Marcos Jr. has signed the CREATE MORE Act this November, a law that promises to attract more foreign investments and boost economic growth by reducing the corporate income tax rate from 25% to 20% for registered business enterprises (RBEs).
The CREATE MORE Act also offers a VAT zero-rating on essential services like marketing and human resources, among others, that are "directly attributable" to the registered project or activity of a registered company.
However, some economic experts have expressed concern that the newly signed law could potentially create more problems and undermine the existing CREATE Law, which was signed in March 2021.
To take a closer look at CREATE MORE, we spoke with Pia Rodrigo, a Communications Officer at Action for Economic Reforms.
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The 2024 U.S. presidential election is capturing attention worldwide as Vice President Kamala Harris and former President Donald Trump face off in a closely contested race to the White House. With the U.S. wielding the world’s largest economy and military, this election’s outcome will undoubtedly have far-reaching global implications. But what’s at stake specifically for the Philippines and the broader Asia and Indo-Pacific region?
In this B-Side episode, we spoke to Josue Raphael Cortez, a diplomacy instructor at the De La Salle-College of Saint Benilde’s School of Diplomacy and Governance.
Interview by Edg Adrian Eva
Editing by Jayson Mariñas
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How can podcasting help businesses in terms of brand management, community building, and thought leadership? In this episode, BusinessWorld speaks with Ron Baetiong, the founder and CEO of Podcast Network Asia, about the impact podcasting can have for businesses who get into this digital medium.
Interview by Patricia Mirasol
Audio editing by Jayson Mariñas
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With the rise of influencers online and constant change in trends, it is hard to always stay relevant in the viewers' eyes.
In this B-Side episode, Patty of ‘Masarap Ba?’ reveals her secret to mastering algorithm changes and other techniques to succeed in content creation.
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Flooding seems to have become a part of life for many of our fellow citizens in various areas of Metro Manila and nearby provinces. Despite the country having spent trillions on numerous flood management projects, Filipinos still suffer the seemingly endless flooding problem, as pointed out by several senators during a hearing after the devastation caused by Typhoon Carina. With this pressing issue, I will be speaking with Mr. Felino “Jun” A. Palafox, Jr., a renowned Filipino urban planner and architect.
In this B-Side episode, Mr. Palafox explains the primary factors behind Metro Manila’s flooding problem and his recommendations to resolve it.
Interview by Edg Adrian A. Eva
Audio editing by Jayson John D. Mariñas
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How is the Philippines solving its healthcare issues through innovation? How are healthcare workers being upskilled to keep up with these technological advancements? Are we putting too much premium on technology?
In this B-Side episode, BusinessWorld discusses robotics, artificial intelligence, and electronic medical records with Dr. Gerardo D. Legaspi, the medical director of the University of the Philippines - Philippine General Hospital.
Interview by Patricia Mirasol
Editing by Jayson Mariñas
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A La Niña watch alert was issued by the state weather bureau in March, indicating that the phenomenon is likely to occur this year.
Recently, there has been growing concern about whether La Niña has arrived in the Philippines due to the continuous heavy rains caused by several tropical cyclones, such as Enteng and Carina, along with the enhanced effects of the Southwest Monsoon.
In this B-side episode, we spoke with Ana Liza Solis the assistant weather services chief and the chief of the climate monitoring and prediction section of the Philippine Atmospheric, Geophysical, and Astronomical Services Administration (PAGASA), as she discusses how the La Niña phenomenon occurs and its effects, and how to prepare for La Niña.
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What is it like being a doctor to the barrio? What innovations are making the greatest impact in rural communities? What role does the local government play in all of this?
In this B-Side episode, BusinessWorld talks about these topics with Francine Nicole M. Araneta, who works as a rural doctor under the Department of Health's Doctor to the Barrios program.
Recorded remotely on August 22, 2024.
Interview by Patricia Mirasol
Audio editing by Jayson Mariñas
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Obesity is now a rising health problem in the Philippines, with a staggering 27 million Filipinos considered overweight or obese, according to a 2019 survey by the DOST-FNRI.
To combat obesity, the government imposed an excise tax on sugar-sweetened beverages under the TRAIN Law, which was signed in December 2017.
Filomeno S. Sta. Ana III, a coordinator of Action for Economic Reforms and a columnist for BusinessWorld discusses the importance of protecting the value of the sugar-sweetened beverage tax amid sustained inflation.
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How does the Filipino-Chinese community drive growth in the Philippine economy? What policies do they advocate the government to practice? What do they think of the West Philippine Sea issue?
In this B-Side episode, BusinessWorld converses with Cecilio K. Pedro, the president of the Federation of Filipino-Chinese Chambers of Commerce and Industry, Inc., about government policies, investment generation, and social responsibility.
Interview by Patricia Mirasol
Editing by Jayson Mariñas
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Alcohol drinking has been a vital part of various Filipino celebrations and festivals, creating camaraderie and a celebratory spirit.
Some Filipinos turned to alcohol as a coping mechanism for stress, as it slows down brain function and can induce feelings of relaxation and calmness.
During the pandemic in 2021, more Filipinos became alcohol drinkers, with the Department of Health (DOH) reporting that 40%, or 4 out of 10 Filipinos, were alcohol drinkers.
The DOH warns the public that any amount of alcohol, whether in small or large quantities, is not considered safe for health.
Addressing this concern, Paul Filomeno, a medical doctor and representative of the Philippine Addiction Specialists Society, has discussed the risks of alcohol drinking.
He will also discuss the Sin Tax Coalition's initiatives to make alcohol products less accessible and marketable among Filipinos.
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In 2023, the Philippine attrition rate and voluntary turnover increased to 15.9% from 14.2% the previous year, according to a study from a risk and employment consultancy company. This means that more employees are leaving their companies for better salaries and growth opportunities. From a company perspective, this is a potential indicator of dysfunctionality, which could lead to further problems. To address this issue, Kshitij Kohli, Head of Operations at Sun Life Global Solutions, has shared his insights about the reasons and impacts of high attrition rates for companies. He also discussed strategies that companies can use to control their attrition rates and how they can adjust to the shifting workplace demographics.
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Philippine President Ferdinand “Bongbong” Marcos Jr. asserted the country’s position on disputes over the West Philippine Sea (WPS), stating that “the West Philippine Sea is not a figment of our imagination; it is ours,” in his SONA 2024. This marks the first time that President Marcos Jr. has clearly stated his stance on the WPS dispute in his SONA, potentially influenced by ongoing public pressure following the Chinese Coast Guard’s aggression against Filipino troops last June.On this issue, Mr. Jemy Gatdula, the Dean of the Institute of Law at the University of Asia and Pacific, and an opinion columnist for BusinessWorld, has shared his insights on the approaches that the Philippines can take regarding its maritime disputes with China.
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Philippine President Ferdinand “Bongbong” Marcos Jr. is set to deliver his third State of the Nation Address (SONA) at the Batasang Pambansa in Quezon City this Monday, July 22, at 4 p.m. Filipinos from various sectors are anticipating that the SONA will address their concerns and are expecting to see progress with President Marcos's previous promises.
In this concern, Mr. Jemy Gatdula, Dean of the Institute of Law at the University of Asia and the Pacific and an opinion columnist for BusinessWorld, has shared his insights on the accomplishments and progress made by the Marcos administration during its term. He also discussed issues from various sectors that remain unaddressed or are still pending, which the Marcos administration could further address.
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Since 1997, there have been multiple attempts to amend and revise the 1987 Constitution in response to various challenges the country has faced over the years. Recently, an economic charter change was approved on the third and final reading by Congress, which seeks to amend the 1987 constitution to lift foreign ownership to some vital industries in the country.
To address this concern, Mr. Jemy Gatdula, the Dean of the Institute of Law at the University of Asia and Pacific, and opinions columnist for BusinessWorld shared his insights on the initiative to amend and revise the 1987 Constitution, particularly its economic provisions.
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The Philippines is one of two countries in the world that does not allow divorce for married couples. On June 10, 2024, however, the Philippine House of Representatives transmitted House Bill No. 9349 – or the approved bill for absolute divorce – to the Senate. What are the implications of this bill? If passed into law, how will it affect Filipino society?
In this episode, BusinessWorld discusses some of these possibilities with Jemy I. Gatdula, the dean of the University of Asia and the Pacific's Institute of Law.
Interview by Patricia Mirasol
Editing by Jayson Mariñas
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The Philippines outlined renewable energy targets in its National Renewable Energy Program for 2020 to 2040, but what factors need to be in place for the Philippines to reach these targets? Why is flexibility in power generation important?
In this episode, BusinessWorld discuss renewable energy in the Philippine and global contexts with Kari Punnonen, head of energy business of Wärtsilä, a power solutions provider for the marine and energy markets.
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E-cigarette and tobacco products use in the Philippines is steadily increasing, particularly among the youth, according to the study of the Global Youth Tobacco Survey in 2019. Consequently, flavors and esteemed novelty contribute to the initiation and sustained use of e-cigarettes and tobacco use. With this concern, Dr. Maria Encarnita Blanco-Limpin of the Philippine College of Chest Physicians/ Philippine Medical Association explained the risk factors of using Tobacco and E-cigarettes. Furthermore, she explained ways to improve its regulation and how users can stop using it.
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