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Romeo Bernardo

Bye bye, Build Build Build?

October 2, 2017

INTROSPECTIVE by Romeo L. Bernardo Business World | October 2, 2017   The Tax Reform for Acceleration and Inclusion (TRAIN) has been billed as the administration’s flagship legislation for achieving sustainable seven percent growth, generating investments and jobs,and reducing poverty. If TRAIN is derailed — kiss Build, Build, Build, bye bye. There is some concern […]

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Wishes for the economy in 2017

January 9, 2017

As we welcome the new year, it is good to note that business confidence in the Philippines remains high despite “political noise” and uncertainties here and abroad. This is grounded on solid economic fundamentals, resiliency of the economy, and faith in an empowered economic team heading the DoF, NEDA, DBM, and DTI.   This confidence […]

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Does the recent re-assignment of SMC frequency benefit consumers? Part 2

July 5, 2016

INTROSPECTIVE by Romeo L. Bernardo (Business World Online) June 4, 2016   (This column continues the answer to that core question started in the first installment last week.) What are the realities behind “slow internet” in the Philippines? The following factors, positive and negative, affect broadband speed: 1) Government Participation. This factor is mostly negative, […]

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Does the recent re-assignment of SMC frequency benefit the consumers?

June 27, 2016

INTROSPECTIVE by Romy L. Bernardo (Business World Online) June 25, 2016   This is the core question that the public and governmental authorities who oversee the sector need to ask and be assured on. As a member of the Board of Directors of Globe Telecom with responsibility for corporate governance, accountable not just to shareholders […]

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Yes, New Taxes 3: A reform program for the new administration

May 23, 2016

INTROSPECTIVE by Romeo L. Bernardo (Business World Online) May 22, 2016   In two earlier columns (“Yes, New Taxes”, 1 February 2016, and “Low Hanging Fruit”, 29 February 2016), I pushed for comprehensive tax reform to make the system fairer, yield more for infrastructure financing, and, at the same time, simplify for ease in compliance […]

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Political economy of reform, take 2

April 25, 2016

INTROSPECTIVE by Romeo L. Bernardo (Business World Online) April 24, 2016   (I stumbled across a column I wrote in this space [July 26, 2010]on lessons learned on the political economy of reform during President Ramos’s term, as documented in a World Bank Growth Commission working paper written with Christine Tang. Excerpts and my current […]

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PIDS: Bridging the gap between knowledge and power

March 28, 2016

INTROSPECTIVE by Romeo L. Bernardo (Business World Online) March 27, 2016   Outside of beauty contests and boxing, there are few lists where the Philippines takes top place. Thus, it is a source of particular pride for me to banner in this column that the Philippine Institute for Development Studies (PIDS) was recognized once again […]

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Yes, New Taxes 2: Low Hanging Fruit

February 29, 2016

Introspective by Romeo Bernardo (Business World) February 28, 2016   In the first installment of this column (“Yes, New Taxes,” Feb. 1), we emphasized the need to raise revenues to cover catch-up infrastructure, to offset revenue gives for equity reasons in favor of low to middle-income salaried workers, and to align our corporate income tax […]

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Yes, new taxes!

February 1, 2016

Introspective by Romeo Bernardo (Business World) January 31, 2016   In 2009-2010, one of then Senator Benigno S. C. Aquino III’s campaign promises was “no new taxes” — a promise his administration kept only technically. And thankfully so, as “new taxes” were needed in 2010, and as I will discuss at the end of this column, […]

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Reduce regulatory burden!

December 7, 2015

Introspective by Romeo Bernardo (Business World) December 6, 2015   Foreign direct investments (FDI) into the Philippines were once again the lowest among the ASEAN-6 (Association of Southeast Asian Nations) in 2014, at 5% of total Asean-6 FDI flows, only half of the proportionate share of the Philippines to the entire ASEAN-6 economy. Our investments […]

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Categories: FDI / Investment / Opinion / Romeo Bernardo

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