Bayanihan in business: The next step for mid-market firms

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Bayanihan Berita

In,Business:,The

WE often hear of certain traits or values that define us as Filipinos, from our hospitality and congeniality to our grit and resilience when faced with hard times. As we navigate uncertain global political and economic landscapes, I'd like to highlight one of the Filipino values closest to my heart: 'bayanihan,' or communal unity and cooperation.

WE often hear of certain traits or values that define us as Filipinos, from our hospitality and congeniality to our grit and resilience when faced with hard times. As we navigate uncertain global political and economic landscapes, I'd like to highlight one of the Filipino values closest to my heart: 'bayanihan,' or communal unity and cooperation.

Ensuring compliance is essential for a successful market entry.– Sustainability. Environmental regulations, resource scarcity and the growing importance of ESG factors can all impact international business operations. Filipino firms need to be mindful of their environmental footprint and develop sustainable practices that meet international market expectations.– Political and economic stability. Political instability and economic downturns can disrupt international business activities.

 

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