The importance of entrepreneurs and small businesses is recognized in the Philippines. As previously noted, the Department of Trade and Industry (DTI) had admitted that “it is widely accepted that small and medium enterprises play a very important and significant role in the economic and social development of a country”.

The public debt problem in Europe, particularly Greece, is giving jitters all over the world. Investors are wary as violence spread in various parts of the world, including Libya. No matter the problems in the world, financial or otherwise, it seems many Filipinos would still have a happy Christmas.

It’s [almost] official, Puerto Princesa Underground River is among the New 7 Wonders of Nature. After making it to the list of Top 10 worst countries to do business, it’s nice to hear a good news like this.

The Philippines made it into another list, this one not to be proud about. CNBC released a list of the World’s 10 Worst Countries for Business and, unfortunately, the Philippines is 4th in the list. [See full list and discussion at Pinoy-Business.com main.] If there’s anything good that could come out from being included in [...]

(Note: Found below is the full text of the State of the Nation Address delivered by His Excellency Benigno “Noynoy” Aquino III, President of the Philippines, at the Session Hall of the House of Representatives, Batasan Pambansa Complex, Quezon City on 25 July 2011 [English translation]. Criticisms have been flying left and right even before [...]

Pabahay, bigas, seguridad, pasahod, kalsada, pantawid pasada, at salbabida para sa mga kababayan nating nilulunod ng kahirapan: iyan po ang pagbabagong inaani natin ngayon. Alam naman po ninyo, hindi naman po natin nahukay ang kayamanan ni Yamashita para maipatupad ang mga ito. Hinabol lang po natin ang mga tiwali sa gobyerno, itinama natin ang pag-gugol [...]

Domestic workers (i.e., maids, yayas, drivers, etc.) would get more protection from an international convention favorably voted by 396 conference delegates, with 16 votes against and 63 abstentions.

Police/Military principles and tactics have been repeatedly applied in business and entrepreneurship, as we can see from the countless business books revolving on Sun Tzu’s Art of War. These are initial observations and I’m sure you have your own, so feel free to jot them down in the comment section.

This Pinoy Entrepreneur site had a (poll) regarding the most problematic factors in doing business in the Philippines. The most problematic factor, based on the poll, is graft and corruption (63.9%). Surprisingly, no one considered “crime and theft” as a problematic factor.

We had a poll as to who will you vote for President in the 2010 national and local elections. Senator Noynoy Aquino received the highest votes. While our informal survey was farthest from being scientific, it correctly reflected that Noynoy Aquino will win.