Financial Executives Institute of the Philippines (FINEX)

#FINEXPhils Reynaldo (Rey) Lugtu writes for BusinessWorld Publishing Corporation, The power of not giving up In the business world, the ability to persevere is often what separates success from failure. A prime example of this is the story of Steve Jobs and his journey with Apple. After being ousted from the company he co-founded, Jobs could have walked away defeated. Instead, he returned to Apple years later with a renewed sense of purpose and introduced innovations that revolutionized the tech industry. Iconic products like the iPod, iPhone, and iPad were born out of his persistence and belief in his vision. Apple’s transformation from near bankruptcy to one of the most valuable companies in the world was not a result of overnight success but rather a testament to the power of persistence. Read the full article here: https://lnkd.in/gNs_bitS (Photo from Pinterest)

#FINEXPhils Benel Lagua writes for The Manila Times, Incentives and unintended consequences The idea behind rewards or penalty systems is to align individual actions with broader goals. However, poorly designed incentive systems often lead to unintended consequences that undermine their effectiveness and create additional challenges. Understanding these dynamics is critical for designing systems that achieve their intended purpose while minimizing negative outcomes. While incentive systems are effective tools for motivating behavior, their design requires careful consideration to avoid unintended consequences. By aligning incentives with the desired outcomes, incorporating comprehensive evaluation metrics and maintaining adaptability, organizations and policymakers can create systems that drive meaningful lasting change. Read the full article here: https://lnkd.in/gTUWWVtT (Photo from Pinterest)

#FINEXPhils Santi Dumlao writes for BusinessMirror, A Dirge We have seen, heard, and read enough. The direct testimonies on oath of invited resource persons, collaborating testimonies and documents presented to and obtained by the Quad Committee of the House of Representatives have produced a collection of credible evidence: there have been irregular, improper and/or illegal uses or disbursements of the confidential funds entrusted to the Office of the Vice President and Secretary of Education, both positions held by the Vice President at the time of commission. Read the full article here: https://lnkd.in/g5y6Kyy6 (Photo from Pinterest)

#FINEXPhils WILMA MIRANDA CPA, MBA writes for Manila Bulletin, Tax season is near All of us face two inevitable situations in life – death and taxes. But some people fail to prepare and panic at the last minute. For taxpayers, some only act at the last minute when it is almost a deadline. Working smart not hard should be our goal with the proper strategies we should have in place to handle the tax season effectively. Let us not be “firefighters” facing challenges or solving problems in a crazy scramble when the problems are there or when the deadline is near, but let us be “fire preventers” foreseeing the problem and strategizing on how to prevent it or cope with it – even extinguished it completely before it happens. Read the full article here: https://lnkd.in/gWTekHFN (Photo from Pinterest)

#FINEXPhils Reynaldo (Rey) Lugtu writes for BusinessWorld Publishing Corporation, The future of digital experience analytics Navigating the Future: Why do you need Digital Experience Analytics was more than just an event; it served as a clarion call for businesses to embrace the digital transformation journey. The discussions and insights shared underscored the necessity of understanding customer behavior in a rapidly changing landscape. As the world continues to evolve, the ability to harness the power of digital experience analytics will undoubtedly be a key driver of success for organizations striving to meet the needs of their customers in meaningful ways. Read the full article here: https://lnkd.in/gyAJHgGP (Photo from Pinterest)

#FINEXPhils Ronald Goseco writes for The Manila Times, Getting back our economic resources in the WPS WHILE security tensions in the West Philippine Sea (WPS) have attracted a lot of reports, very little attention has been focused on the resources that have been withheld by China within our exclusive economic zone (EEZ). Our Filipino diplomats have been hard at work in establishing stronger bilateral economic ties with China. This almost sounds incongruous, but this is the reality that we live in. We have to be mindful, though, that this balancing act between empires should, in the end, benefit us. We need to address these challenges as a nation united in the goal of protecting Philippine resources for our national security, economic growth and even our existence as a sovereign nation. Read the full article here: https://lnkd.in/gQs5Vn7U (Photo from Pinterest)

#FINEXPhils Benel Lagua writes for Manila Bulletin, Managing uncertainty with real options Uncertainty is the greatest risk a manager faces. Managers who make strategic decisions often view uncertainty as costly. However, uncertainty provides the greatest opportunity for creating value. The concept of real options provides a way of thinking that can help managers balance the risk of potential payoffs when making decisions in an uncertain world. Real options in decision-making processes make companies gain a structured yet flexible approach to managing risks, seizing opportunities, and navigating uncertainty. The ability to pivot and optimize investments can be critical to long-term success. Read the full article here: https://lnkd.in/gDMkSvJK (Photo from Pinterest)

#FINEXPhils Albert Gamboa writes for Manila Bulletin, Resurgence of the Philippine property sector Earnings of major Philippine real estate companies have grown significantly over the past three years after recovering from the industry slump caused by the Covid-19 pandemic in 2020-2021. According to Sydney-based firm Sanlam Private Wealth Pty. Ltd., the combined net profits of property firms listed in the Philippine Stock Exchange (PSE) grew 18 percent annually in 2022-2024, while their sales revenues rose 19 percent per year during the same period. Read the full article here: https://lnkd.in/gB-Ra4ij (Photo from Pinterest)

Mr. Richard Shin, Chief Financial Officer and Chief Risk Officer of Jollibee Foods Corporation, is the 18th ING-FINEX CFO of the Year.

We are pleased to announce that Mr. EJ Qua Hiansen, Senior Vice President and Chief Financial Officer of PHINMA Corporation was elected as the 2025 FINEX President. The list of other officers and liaison directors will be announced soon.