Chat with us, powered by LiveChat

MAP Articles

Mon Abrea, CPA, MBA, writes for Management Association of the Philippines where his write-ups are being published in Business World or Philippine Daily Inquirer, online and paper.

The caveats and promises of Maharlika Investment Fund

Republic Act No. 11954 constitutes the Maharlika Investment Corporation (MIC) as the government-owned and -controlled corporation (GOCC) tasked with the management of the Maharlika Investment Fund. The capitalization is more outlined, with a capital stock of P500 billion to be divided into P375 billion common shares and P125 billion preferred shares. Of the P375 billion …

The caveats and promises of Maharlika Investment Fund Read More »

ACG chief advocates anti-corruption measures to empower Philippine MSMEs

ACG Chief Tax Advisor, Mon Abrea, shares insights into the pivotal role of Micro, Small, and Medium Enterprises (MSMEs) in the Philippines in his recent article published via the Philippine Daily Inquirer. Constituting 99.58 percent of all businesses, MSMEs contribute significantly to employment and exports, yet they grapple with considerable challenges, particularly corruption.  “Corruption is …

ACG chief advocates anti-corruption measures to empower Philippine MSMEs Read More »

Fight corruption, help MSMEs

Micro, small and medium enterprises (MSMEs) contribute significantly to the economy. According to the World Bank, small and medium enterprises contribute up to 40 percent of gross domestic product in emerging economies and contribute about 50 percent of employment around the world. In the Philippines, according to the Department of Trade and Industry’s 2021 statistics, …

Fight corruption, help MSMEs Read More »

Tax incentives for sustainable and ethical fashion

The fashion industry is notorious for its adverse impact not only on the environment, but also on human rights and animal welfare. Studies show that the fashion industry contributed at least 4% of global greenhouse gas emissions, while others peg the figures as high as 10%. On human rights, studies also note that the fashion industry …

Tax incentives for sustainable and ethical fashion Read More »

A Look at How Corruption Works in the Philippines

The Philippines is perceived to be one of the most corrupt countries in the world. Of 180 countries, the Philippines ranked 116 in terms of being least corrupt. This means that the country is almost on the top one-third of the most corrupt countries, based on the Corruption Perceptions Index (CPI) published by Transparency International. …

A Look at How Corruption Works in the Philippines Read More »

Making Tax Evasion an International Crime

The adverse effects of corruption have long been recognized in the international community. In 2003, the United Nations Convention Against Corruption (UNCAC) was entered into by several member-states. As of 2021, the number of states that agreed to the treaty had reached 189. Corruption, of course, is not a single act. There are a variety …

Making Tax Evasion an International Crime Read More »

Scroll to Top