The Mindset of an Entrepreneur
Sustained Infra Buildup
We laud the administration of President Ferdinand Marcos Jr. for prioritizing infrastructure development to make up for the sluggish public spending that led to lower-than-expected gross domestic product growth in the second quarter.
Bump in the Road
The country received some sobering economic news last week. During the first quarter of the current year, the Philippines was able to sustain its economic recovery and expansion with a GDP growth of 6.4 percent, a growth rate that actually exceeded forecasts. But the second quarter data took the wind out of that recovery trajectory when the economy grew by 4.3 percent, the slowest since the first quarter of 2021 when the economy contracted 3.8 percent.
News About MBV
Villar Group Sets Up Disinfection Tents in Hospitals
The Villar Group on Monday said it will install disinfection tents in several hospitals in the frontlines of battling the coronavirus disease in Metro Manila.
PICC Forum Halls to be Converted Into Health Facilities
MANILA – Villar Group is working with the Department of Public Works and Highways (DPWH) and EEI for the conversion of the Philippine International Convention Center (PICC) Forum Halls 1 to 3 into a much-needed facility for the treatment of coronavirus disease 2019 (Covid-19) patients in 10 days’ time.
Manny Villar and Enrique Razon Kick Off 2020 As The Philippines' Richest, According to the Bloomberg Billionaires Index
Filipino business tycoons Manuel Villar and Enrique Razon are entering the new decade as the only Philippine billionaires to make it on the Bloomberg Billionaires Index, which lists the 500 wealthiest people in the world.
The index is a daily ranking of the world’s richest, and the figures and rankings are updated at the end of every business day after the trading floor closes in New York.