Leniency Program of the Philippine Competition Commission

Yesterday, I did my civic duty by participating in a meeting on the Leniency Program of the Philippine Competition Commission. It was my first time at their new HQ at the Vertis North Corporate Center, and I was impressed with their spacious and beautiful office.  

I knitted while sipping on coffee before the meeting. 

I learned that any business may avail of the leniency program in exchange for information on illegal practices by juridical entities. Former employees and agents may also voluntarily disclose information regarding practices which violate competitveness, such as price fixing. 

It is important for me to attend learning opportunities such as this meeting because I need to be updated with current trends and laws in the business environment. I cannot afford to stay complacent. Through my website, I am able to share what I have learned and network with colleagues in various industries. 

I am lucky to have access to conferences and seminars, and I look forward to upcoming events that will allow my mind to gain knowledge and insights. 

World Competitiveness Yearbook Results 2018

Yesterday, I was able to attend the World Competitiveness Yearbook Results conference for this year at the AIM. I am a keen follower of competition in business, and I was eager to learn about the position of the Philippines in the ASEAN region and among the world.

While our country has been performing well these past few years, I have learned these key points from the conference:

1. We need to strengthen our SME’s as this will drive innovation.  

2. We need more master and doctorate graduates in STEM in order to sustain innovation.  

3. We need to educate OFW’s and BPO workers (two of the most productive types of contributors to our economy) on how they could sustain their livelihoods outside of their jobs. This could be done by proper financial education, further academic studies, setting up their own businesses, and even being involved with trade organizations in their field. 

4. We need to learn how to learn, and in order for the Philippines to effectively sustain its competitiveness, we need to learn fast.  

It was an insightful conference, and I am sure that I will be able to apply these lessons as I continue blogging and exploring corporate opportunities. I look forward to attending more conferences and seminars to sharpen the saw and engage with business leaders.