Maniolas

ECONOMIES should exercise caution when devaluing to boost exports as weaker currencies may also increase a country’s debt burden and make imports more costly, Finance Secretary Cesar V. Purisima said yesterday.

In their paper “Responding to organizational identity threats: Exploring the role of organizational culture (2006), authors Ravasi and Schultz describe organizational culture as “a set of shared assumptions that guides what happens in organizations by defining appropriate behavior for various situations.” It is pervasive in an organization’s operations and influenced by the environment where the organization operates and the employees’ motivation for doing things. Moreover, the environment and employees’ motivation are largely influenced by the “tone at the top,” Board oversight and the Code of Ethics, all of which set the values and standards of an organization.

CAGAYAN DE ORO CITY — The National Grid Corporation of the Philippines (NGCP) has appealed to local government units as well as Congress to enact laws that will prohibit and penalize the building of structures and the planting of trees near transmission lines.

BUSINESS groups pressed for the speedy approval of a bill reforming the apprenticeship system, saying that longer training will further improve the skills of local workers.

As we approach the formal establishment of the ASEAN Economic Community (AEC) by the end of the year, now is a good time to consider broader targets beyond 2015. After all, a competitive, sustainable, and inclusive region is a grand and worthy project that deserves careful tending and collaboration.