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[9] Dennis Uy's Udenna Corporation bought 100 million common shares of Atok-Big Wedge Co. Inc., where Uy is a director and vice chairman. [ 10 ] Atok-Big Wedge Co, Inc. a listed corporation in PSE, has 20% ownership of United Kingdom-based Forum Energy Ltd. which has the right of oil exploration in SC72 in the South China Sea .
Reese Fernandez-Ruiz (born 1985) is a Filipino social entrepreneur and President and Founding Partner of Rags2Riches, a sustainable fashion enterprise established in 2007. [1] The company aims to empower Philippine-based artisans , fashion and home products that follow environmental ethics principles, and alleviate poverty in Payatas , Quezon ...
The economy saw continuous real GDP growth of at least 5% since 2012. The Philippine Stock Exchange index ended 2012 with 5,812.73 points a 32.95% growth from the 4,371.96-finish in 2011. [91] The Philippines achieved an investment grade rating for the first time in the first quarter of 2013.
The business model canvas is a strategic management template that is used for developing new business models and documenting existing ones. [2] [3] It offers a visual chart with elements describing a firm's or product's value proposition, [4] infrastructure, customers, and finances, [1] assisting businesses to align their activities by illustrating potential trade-offs.
Dennis Anthony Uy was born on June 1, 1966, in Fukien (now Fujian), China. [1] In China, the Uys lived in poverty with one meal a day already considered "a blessing". [2] When he moved in, he could not speak English nor Tagalog. [3]
The economy of the Philippines is an emerging market, and considered as a newly industrialized country in the Asia-Pacific region. [31] In 2025, the Philippine economy is estimated to be at ₱29.66 trillion ($507.6 billion), making it the world's 31st largest by nominal GDP and 11th largest in Asia according to the International Monetary Fund .
Entrepreneurship is the creation or extraction of economic value in ways that generally entail beyond the minimal amount of risk (assumed by a traditional business), and potentially involving values besides simply economic ones.
Baumol has argued that entrepreneurship can be either productive or unproductive. [15] Unproductive entrepreneurs may pursue economic rents or crime. Societies differ significantly in how they allocate entrepreneurial activities between the two forms of entrepreneurship, depending on the 'rules of the game' such as the laws in each society.