Is your mobility getting worse?

Credit to Author: The Manila Times| Date: Fri, 28 Feb 2020 16:58:49 +0000

THIS month, mobility got a lot worse for hundreds of thousands of Metro Manila commuters who use the South Luzon Expressway (SLEx). The construction of the Skyway Extension and its related lane closures resulted in much heavier traffic in and around the Alabang area. Car trips from Alabang into Makati required two or three hours, […]

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Women of impact in entrepreneurship

Credit to Author: Lee-Anne Tobias| Date: Fri, 28 Feb 2020 16:54:56 +0000

Around the world, International Women’s Day is celebrated on March 8. In the Philippines, reasons to commemorate this day are timely and socially relevant — women empowerment. The Philippines currently sits at the top spot, outranking 31 other countries surveyed, in having the most number of women executives in top leadership roles. This was reported […]

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Ownership entries in POR

Credit to Author: Emeterio SD. Perez| Date: Thu, 27 Feb 2020 16:42:23 +0000

A public ownership report (POR) as of Dec. 31, 2019 and posted on the website of the Philippine Stock Exchange (PSE) listed Island Information & Technology Inc. (IS) with issued and outstanding common shares OF 4,885,748,685 with one centavo par value. Of the issued and outstanding, the eight-person board held 908,453,900 common shares, or 18.59 […]

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Belmonte reacts to MRT-7 rant

Credit to Author: Ben Kritz| Date: Wed, 26 Feb 2020 17:20:32 +0000

FOR today’s episode, let me yield the floor to Quezon City Mayor Joy Belmonte, who took exception to my column on February 25, titled “Local governments are the scourge of investment and development in PH.” The clarification offered here is certainly welcome, as it sheds more light on a contentious issue. However, I would like to […]

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Proposed taxpayer bill of rights

Credit to Author: Euney Marie Mata-Perez| Date: Wed, 26 Feb 2020 17:18:19 +0000

In my article titled “Model taxpayer charter” that was published in The Manila Times on Nov. 15, 2018, I discussed the need for a taxpayer charter to protect taxpayers against threats on their rights, especially in the advent of various world-wide initiatives such as Base Erosion and Profit Shifting Action Plans (BEPS) and the drive […]

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Building a customer-centric organization

Credit to Author: REYNALDO C. LUGTU, JR.| Date: Wed, 26 Feb 2020 17:06:18 +0000

In recent years, customer centricity has recently emerged as part of an organization’s vision, mantra, strategy and corporate objectives. This is brought about by the fast-changing and diverse customer preferences. But customer centricity, as a concept and a practice, is nothing new. It was popularized by Lou Gerstner, the chief executive officer (CEO) of IBM […]

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Insiders in buying mood

Credit to Author: Emeterio SD. Perez| Date: Tue, 25 Feb 2020 16:46:38 +0000

Kormasinc Inc. increased its directly owned majority ownership in Vitarich Corp. (VITA) to 2,179719,604 common shares, or 71.36 percent, from 2,179,089,604 common shares, or 71.34 percent, after buying 630,000 VITA common shares in four days in January 2020. The company disclosed its acquisition of 60,000 common shares at P1.2233 each last on Jan. 14, 2020; […]

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Proposed SEC rules on sale, disposal of listed firms’ assets

Credit to Author: KELVIN LESTER LEE | Date: Tue, 25 Feb 2020 16:37:01 +0000

The Securities and Exchange Commission (SEC) continues to spearhead corporate governance reforms pursuant to Republic Act 11232, otherwise known as the “Revised Corporation Code of the Philippines” (RCC). Three weeks after I wrote about the proposed rules on the notice period for regular meetings of stockholders/members, the SEC released another set of rules seeking to […]

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Disclosures

Credit to Author: Emeterio SD. Perez| Date: Sun, 23 Feb 2020 16:11:53 +0000

PHOENIX Petroleum Philippines Inc. (PNX) listed on the website of the Philippine Stock Exchange (PSE) 1,406,204,232 outstanding common shares and 1,437,204,232 common shares that are both issued and listed. The difference between issued-listed and outstanding common shares is 31 million PNX shares, which the company reported as treasury shares in a public ownership report (POR) […]

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Uys must not forget the public

Credit to Author: Emeterio SD. Perez| Date: Thu, 20 Feb 2020 17:13:35 +0000

Prior to the takeover by Dennis A. Uy and his wife, Cherylyn C. Uy, of ISM Communications Corp. (ISM), Monfortino Holdings Inc. directly owned 282,825,395 ISM common shares, or 26.33 percent of 1,074,324,234 outstanding ISM common shares, according to a public ownership report (POR) as of March 31, 2018 posted on April 16, 2018 on […]

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