Can You Really Go to Jail for Not Paying Your Debt?
Many people still wonder: “What if I cannot pay my debt for a long time?” “Would I be imprisoned if I admitted that I don’t have the means to pay?” or “Could my creditor file a criminal case if I am insolvent?” Let’s break down what the law really says about these situations and understand […]
SEC eyes term limit for Independent Directors
Independent directors in Philippine Corporations tend to serve for extended periods, and there are even cases where their terms exceed the ideal duration for maintaining authentic independence and fresh supervision. This traditional practice has raised concerns about whether boards can still make objective decisions that also protect the interests of shareholders. With this, the Securities […]
New DOLE AEP Guidelines: Faster Processing and Skills Transfer Support
The Department of Labor and Employment (DOLE) has updated the guidelines for Alien Employment Permits (AEP) through Department Order (DO) No. 248 and its supplemental addendum DO 248-A-25 to facilitate the easier and faster hiring of foreign workers while protecting Filipino workers’ job opportunities by implementing mandatory skills transfer programs and assessments of economic needs. […]
Empowering Professionals: Insights from the Leadership Conference
Leadership remains one of the most powerful aspects in shaping a certain commerce of man, whether in business, academia, cooperatives, or community groups. Yet, there’s a crucial distinction often overlooked: true leadership drastically differs from simply being a boss. Understanding the difference can transform the organization and the lives of everyone in the company. “The […]
Software Costs Under SEs, SMEs, and Full Framework: Recognition Rules and Practical Remedies
In today’s digital economy, software is often considered the most valuable investment for startups and tech-driven SMEs. Companies like GVTech may spend millions on developer salaries, outsourced programming, and testing to bring a product to market, which is obviously costly. Yet, the question is: should these costs be capitalized as assets or expensed immediately? The […]
A Trustmark Inquiry: To Protect or to Burden MSMEs?
Online selling has become a way of life. Consumers love the convenience of making online orders — even scrolling for hours on an e-commerce platform and simply clicking “Add to Cart.” This trend grew further during the pandemic, when Micro, Small, and Medium Enterprises (MSMEs) were in the spotlight in the digital marketplace. But aside […]
Philippines Shipbuilding Industry Gets Mixed Review from OECD Assessment
A new assessment by the Organization for Economic Co-operation and Development (OECD) reveals that the Philippines’ Shipbuilding sector has significant potential, yet is being held back by structural challenges. The recent September 2025 report showcases the industry’s clear advantages while highlighting the need to address such crucial gaps. Natural Advantage and Real Challenges The Philippines […]
AI, Tech & Etiquette: Smarter Insights for the Modern Professional
“Artificial Intelligence is intended to help us and be one of our tools, not meant to replace us.” Ginni Rometty The rapid advancement of technology, particularly in Artificial Intelligence (AI), has been a significant part of our society, from writing essays and creating drafts for articles to checking grammatical errors, doing homework, assisting in conducting […]