March 26, 2017, 7:41 am
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1 Philippine Peso = 0.07295 UAE Dirham
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1 Philippine Peso = 0.03556 Neth Antilles Guilder
1 Philippine Peso = 0.3095 Argentine Peso
1 Philippine Peso = 0.02607 Australian Dollar
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1 Philippine Peso = 33.62574 Burundi Franc
1 Philippine Peso = 0.01986 Bermuda Dollar
1 Philippine Peso = 0.02782 Brunei Dollar
1 Philippine Peso = 0.13667 Bolivian Boliviano
1 Philippine Peso = 0.06237 Brazilian Real
1 Philippine Peso = 0.01986 Bahamian Dollar
1 Philippine Peso = 1.30066 Bhutan Ngultrum
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1 Philippine Peso = 397.69567 Belarus Ruble
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1 Philippine Peso = 0.02656 Canadian Dollar
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1 Philippine Peso = 13.15634 Chilean Peso
1 Philippine Peso = 0.13692 Chinese Yuan
1 Philippine Peso = 57.86254 Colombian Peso
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1 Philippine Peso = 0.01986 Cuban Peso
1 Philippine Peso = 2.03496 Cape Verde Escudo
1 Philippine Peso = 0.49851 Czech Koruna
1 Philippine Peso = 3.5151 Djibouti Franc
1 Philippine Peso = 0.13724 Danish Krone
1 Philippine Peso = 0.93127 Dominican Peso
1 Philippine Peso = 2.1644 Algerian Dinar
1 Philippine Peso = 0.28863 Estonian Kroon
1 Philippine Peso = 0.35856 Egyptian Pound
1 Philippine Peso = 0.45093 Ethiopian Birr
1 Philippine Peso = 0.01845 Euro
1 Philippine Peso = 0.04108 Fiji Dollar
1 Philippine Peso = 0.01589 Falkland Islands Pound
1 Philippine Peso = 0.01592 British Pound
1 Philippine Peso = 0.08837 Ghanaian Cedi
1 Philippine Peso = 0.86869 Gambian Dalasi
1 Philippine Peso = 183.55185 Guinea Franc
1 Philippine Peso = 0.1458 Guatemala Quetzal
1 Philippine Peso = 4.10191 Guyana Dollar
1 Philippine Peso = 0.1543 Hong Kong Dollar
1 Philippine Peso = 0.46583 Honduras Lempira
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1 Philippine Peso = 1.34644 Haiti Gourde
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1 Philippine Peso = 264.73977 Indonesian Rupiah
1 Philippine Peso = 0.07242 Israeli Shekel
1 Philippine Peso = 1.29991 Indian Rupee
1 Philippine Peso = 23.46047 Iraqi Dinar
1 Philippine Peso = 644.02066 Iran Rial
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1 Philippine Peso = 2.54927 Jamaican Dollar
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1 Philippine Peso = 22.29479 Korean Won
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1 Philippine Peso = 0.01233 Latvian Lat
1 Philippine Peso = 0.02811 Libyan Dinar
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1 Philippine Peso = 0.38468 Moldovan Leu
1 Philippine Peso = 1.12515 Macedonian Denar
1 Philippine Peso = 27.19507 Myanmar Kyat
1 Philippine Peso = 48.70878 Mongolian Tugrik
1 Philippine Peso = 0.15892 Macau Pataca
1 Philippine Peso = 7.09178 Mauritania Ougulya
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1 Philippine Peso = 0.30671 Maldives Rufiyaa
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1 Philippine Peso = 0.3761 Mexican Peso
1 Philippine Peso = 0.08802 Malaysian Ringgit
1 Philippine Peso = 0.24708 Namibian Dollar
1 Philippine Peso = 6.25745 Nigerian Naira
1 Philippine Peso = 0.58244 Nicaragua Cordoba
1 Philippine Peso = 0.16898 Norwegian Krone
1 Philippine Peso = 2.0729 Nepalese Rupee
1 Philippine Peso = 0.02831 New Zealand Dollar
1 Philippine Peso = 0.00765 Omani Rial
1 Philippine Peso = 0.01986 Panama Balboa
1 Philippine Peso = 0.06437 Peruvian Nuevo Sol
1 Philippine Peso = 0.06286 Papua New Guinea Kina
1 Philippine Peso = 1 Philippine Peso
1 Philippine Peso = 2.08244 Pakistani Rupee
1 Philippine Peso = 0.0787 Polish Zloty
1 Philippine Peso = 111.14024 Paraguayan Guarani
1 Philippine Peso = 0.07233 Qatar Rial
1 Philippine Peso = 0.08402 Romanian New Leu
1 Philippine Peso = 1.13951 Russian Rouble
1 Philippine Peso = 16.2352 Rwanda Franc
1 Philippine Peso = 0.07449 Saudi Arabian Riyal
1 Philippine Peso = 0.15454 Solomon Islands Dollar
1 Philippine Peso = 0.26917 Seychelles Rupee
1 Philippine Peso = 0.13244 Sudanese Pound
1 Philippine Peso = 0.17566 Swedish Krona
1 Philippine Peso = 0.02783 Singapore Dollar
1 Philippine Peso = 0.0159 St Helena Pound
1 Philippine Peso = 0.44112 Slovak Koruna
1 Philippine Peso = 142.70957 Sierra Leone Leone
1 Philippine Peso = 10.90584 Somali Shilling
1 Philippine Peso = 452.14739 Sao Tome Dobra
1 Philippine Peso = 0.17327 El Salvador Colon
1 Philippine Peso = 10.23004 Syrian Pound
1 Philippine Peso = 0.24791 Swaziland Lilageni
1 Philippine Peso = 0.68872 Thai Baht
1 Philippine Peso = 0.04503 Tunisian Dinar
1 Philippine Peso = 0.04577 Tongan paʻanga
1 Philippine Peso = 0.0722 Turkish Lira
1 Philippine Peso = 0.13328 Trinidad Tobago Dollar
1 Philippine Peso = 0.60552 Taiwan Dollar
1 Philippine Peso = 44.25904 Tanzanian Shilling
1 Philippine Peso = 0.53754 Ukraine Hryvnia
1 Philippine Peso = 71.25546 Ugandan Shilling
1 Philippine Peso = 0.01986 United States Dollar
1 Philippine Peso = 0.55781 Uruguayan New Peso
1 Philippine Peso = 70.42114 Uzbekistan Sum
1 Philippine Peso = 0.19815 Venezuelan Bolivar
1 Philippine Peso = 451.90703 Vietnam Dong
1 Philippine Peso = 2.11462 Vanuatu Vatu
1 Philippine Peso = 0.05075 Samoa Tala
1 Philippine Peso = 12.09416 CFA Franc (BEAC)
1 Philippine Peso = 0.05364 East Caribbean Dollar
1 Philippine Peso = 12.176 CFA Franc (BCEAO)
1 Philippine Peso = 2.18852 Pacific Franc
1 Philippine Peso = 4.96524 Yemen Riyal
1 Philippine Peso = 0.24804 South African Rand
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Only 25 percent of Southeast Asian businesses ready for digital

The world is focused on Asia as the next hub of digital growth but only a quarter of Southeast Asian businesses are have shown their readiness for truly leading by digitalization. This is according to the “Leaders 2020 Study” a collaboration between digital transformation champion SAP and Oxford Economics.

Though higher than the global average of 16 percent, this 25 percent of Asian businesses are also part of the new class of high-performing companies, reporting stronger profit growth, higher employee engagement, and cultures that are more inclusive.

Digitalization plus the presence of young, connected executives who communicate a company-wide digital strategy, keep management and worker skills up to date, and streamline organizational structure have created these high-functioning and highly effective organizations.

By SAP’s definition organizations with executives who use data to be transparent, enable the distribution of decision-making throughout the organization, the ability to make quick and deliberate decisions that are data-driven are Digital Leaders. The company takes ownership of the phrase digital leaders by capitalizing the words to emphasize how technology must go hand in hand with management skills to create a successful organization in the digital age.

 Analysis of Southeast Asian firms in the Leaders 2020 study also affirms the business benefits of diversity, showing a correlation between those who are leading in digital transformation and those who have a heightened understanding of the importance of diversity. 

“A diverse workforce encourages bold, innovative ideas to flourish and in turn, presents insights which are only made possible through that diversity. It is of little coincidence that these two capabilities – leveraging data for decisions and maintaining a diverse workforce – both occur for high-performing organizations,” said Scott Russell, president and managing director, SAP Southeast Asia.

The Leaders 2020 research findings for Southeast Asia revealed at SuccessConnect 2016 in Singapore, being a Digital Leader had the following benefits.

    Stronger financial performance: 7 percent of executives characterized as Digital Leaders report strong revenue and profit growth, compared to 60 percent of all other Southeast Asian executives.

    Satisfied and engaged employees: Effective digital leadership drives more than financial performance—it also creates healthier cultures. 87 percent of Digital Leaders have employees who are more satisfied, compared with just 51 percent for respondents in Southeast Asia. 75 percent of Digital Leaders also have employees who are more likely to stay in their jobs if given the chance to leave, as compared to 45 percent in the region.

    More mature talent strategies: Digital Leaders are more likely to invest in talent and have much more advanced strategies for talent recruitment, development and retention. For example, 56 percent of Digital Leaders mainly fill roles from within the company, as compared to just 33 percent for the rest of the region.

    The study also discovered how millennials are now quickly occupying corporate leadership positions, as 22 percent of the executives in the Leaders 2020 study from Southeast Asia are classified as millennials, compared with 17 percent worldwide. 

    Despite the higher percentage of young executives in the region, only 45 percent of Southeast Asian executives say leadership works with employees to develop their careers—an important step in cultivating millennial talent. Young executives are more focused on diversity and its benefits, and they tend to come from companies that value diversity and take steps to build it.

Digital Leaders around the world and Southeast Asian respondents are both more likely to recognize diversity’s positive impact on culture (66 percent and 62 percent, respectively), but only Digital Leaders are more likely to see the benefits in financial performance (37 percent vs. 25 percent).

 Companies have become more diverse in Southeast Asia than in other regions over the past three years. Three-quarters of Southeast Asian respondents saw diversity improvements in the general workforce of their organization, and 42 percent saw an increase in board and senior leadership, compared with 67 percent and 34 percent globally. However, less than 40 percent in Southeast Asia state that their company has effective diversity programs in place, signaling more could be done, especially at the senior executive and corporate board levels.

 The Leaders 2020 study also found that only 61 percent of Southeast Asian executives (vs. 55 percent globally) are making data-driven decisions, a key factor that makes a Digital Leader. It is of little wonder that only 62 percent of Southeast Asian executives (vs. 59 percent globally) feel that employees are equipped with the skills necessary to keep up with digital technology.

“The pace of change in today’s digital economy shows no sign of slowing down, and organizations that do not continually update their approach to digital leadership risk falling behind. Technology continues to remain the key enabler to drive growth, promote innovation, enable transformation and level the playing field for companies of all sizes,” concluded Russell.
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