5G Investment News
  • Top News
  • Economy
  • Forex
  • Investing
  • Stock
  • Editor’s Pick
No Result
View All Result
5G Investment News
  • Top News
  • Economy
  • Forex
  • Investing
  • Stock
  • Editor’s Pick
No Result
View All Result
5G Investment News
No Result
View All Result
Home Stock

Corruption still the main concern for Filipino executives in 2025 — survey

by
January 15, 2025
in Stock
0
Corruption still the main concern for Filipino executives in 2025 — survey
FREEPIK

CORRUPTION remained the top concern of business executives this year, according to a survey of members of the Management Association of the Philippines (MAP).

“We did a survey late last year, and we will certainly address the top seven concerns of MAP members,” said MAP President Alfredo S. Panlilio at the MAP Inaugural Meeting on Wednesday at Shangri-La The Fort.

Aside from corruption, the survey showed other top concerns of management executives include education, the economy, ease of doing business (EODB), climate change, cybersecurity, and dealing with local government units (LGUs).

The survey, conducted late last year, showed fewer MAP members or 45% said that corruption is a top concern for 2025. In the previous survey, 47% of the members said they see corruption as a top concern.

Rising concern over education was also seen in the survey results after 38% of members identified it as a top concern versus 25% in the previous survey.

Around 33% of MAP members are concerned about the economy this year, versus 40% in the previous survey.

According to Mr. Panlilio, MAP plans to address the top concerns through its four thrusts — member engagement; country competitiveness; environmental, social, and governance (ESG) and shared prosperity; and investing in the youth.

“Last year, there were five thrusts. This year, we will merge it into four. Last year’s cluster on innovation, technology, and digitalization has been merged into the cluster on country competitiveness,” he said.

“Not so much because there is less to do, but because our hope is that in focusing, we sharpen impact,” he added.

Mr. Panlilio said the MAP will also continue working with the Anti-Red Tape Authority to address issues on corruption, EODB, and LGUs.

The survey showed 21% of MAP members expressed concern about dealing with LGUs, versus 13% in the previous survey.

“You know, when I was in PLDT Inc. during the pandemic, we had some issues also, but ARTA came in a big way to help us. Actually, there was a directive by the President then to improve connectivity, and one of the hindrances at that time was the licensing and business permits,” Mr. Panlilio said. 

“There were like, 30-plus signatures that were needed to do a project. And because of ARTA, we were able to cut that process down,” he added.

He noted that any project that requires LGU involvement typically experiences delays.

“It is hard. We are talking about telco, power, and any project related to some involvement with LGU where there’s always a delay,” he said.

“So, I think that was a very big initiative that started during the pandemic but was extended by BBM (President Ferdinand R. Marcos, Jr.). So, those are ways that we can sort of help out on how we deal with the LGUs,” he added.

However, he said that improvements, particularly since ARTA ensures there is ease of doing business whenever projects require LGU approval.

“I commend ARTA for what they are doing,” he added. — Justine Irish D. Tabile

Previous Post

Marcos inks law to develop natural gas industry

Next Post

NPL ratio eases in November

Next Post
NPL ratio eases in November

NPL ratio eases in November

Enter Your Information Below To Receive Free Trading Ideas, Latest News And Articles.







    Fill Out & Get More Relevant News





    Stay ahead of the market and unlock exclusive trading insights & timely news. We value your privacy - your information is secure, and you can unsubscribe anytime. Gain an edge with hand-picked trading opportunities, stay informed with market-moving updates, and learn from expert tips & strategies.
    Your information is secure and your privacy is protected. By opting in you agree to receive emails from us. Remember that you can opt-out any time, we hate spam too!

    Recommended

    Puregold OPMCON 2025 is Coming: Tickets drop this May at  Tindahan ni Aling Puring Sari-Sari Store Convention

    Puregold OPMCON 2025 is Coming: Tickets drop this May at Tindahan ni Aling Puring Sari-Sari Store Convention

    May 12, 2025
    Hitting GDP goal may be ‘challenging’

    Hitting GDP goal may be ‘challenging’

    May 11, 2025
    Gov’t debt service bill plunges 66% in March

    Gov’t debt service bill plunges 66% in March

    May 11, 2025
    Nomura cuts PHL growth forecasts for 2025, 2026

    Nomura cuts PHL growth forecasts for 2025, 2026

    May 11, 2025

    Disclaimer: 5GInvestmentNews.com, its managers, its employees, and assigns (collectively “The Company”) do not make any guarantee or warranty about what is advertised above. Information provided by this website is for research purposes only and should not be considered as personalized financial advice.
    The Company is not affiliated with, nor does it receive compensation from, any specific security. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendation. Any investments recommended here should be taken into consideration only after consulting with your investment advisor and after reviewing the prospectus or financial statements of the company.

    • Privacy Policy
    • Terms & Conditions

    Copyright © 2024 5GInvestmentNews. All Rights Reserved.

    No Result
    View All Result
    • Home
    • Privacy Policy
    • suspicious engagement
    • Terms & Conditions
    • Thank you

    © 2025 JNews - Premium WordPress news & magazine theme by Jegtheme.