December 4, 2020

Business management

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Since bingo is quite a popular game, ever since it made its way online, everyone wanted a piece of that cake. That’s why nowadays, there’s virtually no online casino that doesn’t include this game in their offer. For online bingo players this means one thing – there Read the rest

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STATE AGENCIES will have to significantly ramp up spending in December to boost fourth-quarter gross domestic product (GDP), after the government continued to underspend amid the coronavirus pandemic.   

“The agencies were asked to implement catch-up plans to meet their original spending plans for the year. The catch up [spending plan] is intended to shore up the economy this Q4,” Budget Undersecretary Laura B. Pascua said via Viber on Friday.

Finance Secretary Carlos G. Dominguez III told various departments to ramp up spending in the remaining weeks of 2020, during a meeting of the Economic Development Cluster (EDC) two weeks ago.

Representatives from the Departments of Public Works and Highways (DPWH), Transportation (DoTr), Education (DepEd), Tourism (DoT), Trade and Industry (DTI), and Agriculture (DA) attended the EDC meeting, said Ms. Pascua.

Anemic government spending was blamed for the 11.5% GDP contraction in the third quarter, which was worse than most analysts … Read the rest

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A new tech regulator will work to limit the power of Google, Facebook and other tech platforms, the government has announced, in an effort to ensure a level playing field for smaller competitors and a fair market for consumers.

Under the plans, the Competition and Markets Authority (CMA) will gain a dedicated Digital Markets Unit, empowered to write and enforce a new code of practice on technology companies which will set out the limits of acceptable behaviour.

The code will only affect those companies deemed to have “strategic market status”, though it has not yet been decided what that means, nor what restrictions will be imposed.

The business secretary, Alok Sharma, said: “Digital platforms like Google and Facebook make a significant contribution to our economy and play a massive role in our day-to-day lives – whether it’s helping us stay in touch with our loved ones, share creative content or … Read the rest

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Crowd-testing is currently becoming one of the leading and most resource-efficient ways to test various types of digital products. But how can you measure the ROI of Crowdtesting? Is it possible to calculate the efficiency of Crowd-testing? An interview with Ran Rachlin, Co-founder & CEOUbertesters Inc. by Insights Success answer these questions and much more.

Below are the highlights of the interview:

What led to the inception of the company?

I founded the company back in 2013, following a true need for a different type of software testing that I had in my previous company. In my former company, we developed a mobile app, and because of the diversity of the mobile world, we needed global testers to test for us with different devices, different languages, and carriers. We could not find a flexible and affordable solution. So, we came up with the concept of “Crowd testing” … Read the rest

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What crucial roles do patients and health professionals play in diabetes management?

With diabetes remaining as one of the leading causes of death among Filipinos, it is vital for patients to have constant access to quality healthcare and information. At the same time, many should be made aware of this chronic disease and of how it can be diagnosed and prevented. 

Achieving these goals requires strong collaboration among patient and their families, health professionals, and government agencies. As highlighted in a recent BusinessWorld Insights online forum, held in partnership with Mercury Drug Corporation and health care company MSD in the Philippines, interprofessional collaboration among physicians, nurses, pharmacists, and other healthcare professionals is likewise vital in managing diabetes.



Dr. Cecilia Jimeno, FPCP, FPSEDM of the Philippine Society of Endocrinology, Diabetes, and Metabolism (PSEDM), discussed the burden of diabetes on persons who already have it or might have it if the Read the rest

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Sir Philip Green’s retail empire is facing collapse within days, putting 15,000 jobs at risk and bringing the curtain down on the high street career of one of Britain’s most controversial businessmen.

It is understood that Arcadia Group – which owns TopShop, Burton and Dorothy Perkins – is preparing to appoint administrators from Deloitte as soon as next week.

One retail industry figure said Arcadia’s collapse had become inevitable after talks with a number of lenders about an emergency £30m loan ended without success.

The appointment of administrators could happen as early as Monday, although one person close to the situation said the plan had yet to be finalised and that it could yet be delayed.

If the insolvency is confirmed, it is expected to trigger a scramble among creditors to get their hands on the company’s assets.

It would involve Arcadia’s online operations and the stores which are … Read the rest

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“Success is about elevating others. If I can do that with great health, compassion, and some humour then that’s a job well done,” asserts Saana Azzam, whose expertise lies in the art of high-powered public speaking. Currently, Saana is the Founder and Chief Inspiration Officer of the leading speaker’s bureau in the Middle East called MENA Speakers. MENA Speakers: Empowering & Educating MENA Speakers is a UAE based MCs and Speakers Bureau that educates, engages, and empowers by connecting speakers, MCs, and trainers to events, companies, and governments around the world. The company received the Best Speakers’ Bureau award in the Middle East in 2019.

Behind the Journey

Saana pursued her Master’s in Economics from the esteemed Stockholm School of Economics. Her adept skills and knowledge in market analysis, investments, research, and finance has earned her the prestigious title of ‘Female Economist of the Year’. She … Read the rest

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By Michael Angelo S. Murillo

The TNT Tropang Giga booked a spot in the finals of the PBA Philippine Cup following their 91-81 victory over the Phoenix Super LPG Fuel Masters in their semifinal rubber match on Friday at the Angeles University Foundation Sports Arena in Pampanga.

The steadier team throughout the match, TNT frustrated Phoenix on its way to barging into the championship of the Philippine Basketball Association All-Filipino Cup, where it was last in seven years ago.

Ray Parks Jr. led the way for the Tropang Giga in the win, churning out all-around numbers of 26 points, 10 rebounds and six assists.

The contest got off to a competitive start, with the teams knotted at 10-all midway into the opening quarter, before TNT sprinted to build a 25-20 lead at the end of the first 12 minutes.

In the second quarter, offense tapered off a bit as defense … Read the rest

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Spanish lender Banco Sabadell has said it will consider options for its UK bank TSB after it called off a planned merger with rival BBVA.

Sabadell and BBVA said they were in merger talks less than two weeks ago, but they failed to agree a price.

Sabadell said it would now seek “strategic alternatives for creating value with regard to the group’s international assets, including TSB”.

It did not specify if that would mean selling TSB, which it bought in 2015.

Separately, TSB said it had “good momentum” in its business growth as well as progress in “taking full control of our IT, delivering a right-sized modern branch network and reducing overall operating costs”.

In January, it signed a deal with US computing giant IBM to run its online banking, bank systems and cash machines, in an attempt to put a stop to the IT failures that have plagued the … Read the rest

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It is an interesting stat to note that only 25% of new businesses are able to survive more than fifteen years. In a world where our lives are greatly influenced by opinion leaders and influencers, we see that content to motivate people to start a business is rolled out quite frequently. It is a hot topic and has become more relevant to us where we have seen millions of losses of jobs and closure of businesses.

It is quite crucial that long term sustainable strategies are applied. You need to have a stronghold of your affairs before you jump onto anything. You need to try to hit the right spots with consistency before claiming that you failed in your efforts. In this article, we are briefly going to cover strategies that would help you to ensure the long-term success of your startup business. 

Learn and stay updated with business insights.

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