For 57-year-old Mike Bolos, a former financial analyst working in Saudi Arabia, making a profit is no longer what drives him. As a “social entrepreneur,” he said his life is now focused on uplifting the lives of overseas Filipino workers and their families through business projects.

“I am more of a social entrepreneur. I’m not after profit anymore. If you’re looking for good return on investment, then I’m the wrong guy (to invest with),”…

Country up five notches in global survey
THE PHILIPPINES HAS IMPROVED ITS STANDING in a global opinion survey of executives regarding competitiveness in terms of the business environment, landing 63rd in a list of 127 countries.
The country’s 2007 ranking in the Business Competitiveness Index (BCI) of the World Economic Forum went up by five notches, with [...]

Ayala Corp. chairman and CEO Jaime Augusto Zobel de Ayala was conferred the Harvard Business School’s highest honor, the Alumni Achievement Award, by the school’s dean Jay Light in a special ceremony before some 900 MBA students.
Zobel de Ayala the first Filipino to receive the award was cited for “his innovative, entrepreneurial style of management [...]

MANILA, Philippines — THE PHILIPPINES is poised to overtake India as the world’s top provider of business process outsourcing services as industry players firm up their strength and marketing efforts.Cesar B. Bautista, co-chairman of the National Competitiveness Council (NCC), told the Philippine Daily Inquirer that the Indian cyber services sector was losing its edge as [...]