Business Columns

Credit to Author: Rey Elbo| Date: Mon, 16 Dec 2019 16:48:51 +0000

IF you love miracles, this one is for you. Tony (not his real name) is my neighborhood barber. He has transformed from being a katiwala (caretaker) of a beauty parlor somewhere close to 20 years ago to a self-made entrepreneur who established his own barber shop-cum-hair salon these past eight years near my home in […]

Credit to Author: ROBERT SIY| Date: Fri, 13 Dec 2019 17:46:43 +0000

THE term “boundary system” has come to mean the system of incentives based on the revenue or ridership offered to bus or jeepney drivers by owners of public utility vehicles (PUV). It started out as the daily rental payment the driver gives to the owner for the right to use the PUV and collect fares. […]

Credit to Author: Lee-Anne Tobias| Date: Fri, 13 Dec 2019 17:45:00 +0000

It’s that time of the year to look back and reflect on the year that was and look forward to setting new goals or resurrecting those that weren’t achieved in 2019. Making personal new year’s resolutions is challenging and can be just as difficult to apply to the business for small and medium enterprise (SME) […]

Credit to Author: Peter Lundgreen| Date: Fri, 13 Dec 2019 17:41:48 +0000

The macroeconomic data from China has been surprisingly positive lately, particularly that the private manufacturing sector signals progress, which was quite unexpected. The Caixin Manufacturing Purchasing Managers Index (PMI), which primarily covers the private sector, showed an increase to 51.8 points in November, which in fact, is the highest reading in the past three years. […]

Credit to Author: Ben Kritz| Date: Wed, 11 Dec 2019 16:23:49 +0000

TRADE Secretary Ramon Lopez would like to see the Philippines become the “top creative economy” in Southeast Asia by 2030. That won’t happen unless the Philippines experiences a sea of change in attitudes toward the “creative industries.” Interviewed earlier this week, Lopez said, “We need to look at creative industries that can bring in economic […]

Credit to Author: EUNEY MARIE MATA-PEREZ| Date: Wed, 11 Dec 2019 16:22:31 +0000

Funds are raised through borrowings or equity. The decision on which instrument or vehicle to use is influenced by various factors. In the Philippines, however, because of the diversity in the tax rules and varying rates, taxation is a major consideration and complicates the capital market system. We discuss below the differences in the tax […]

Credit to Author: Ricky Publico| Date: Wed, 11 Dec 2019 16:19:09 +0000

Are you a maximizer or a satisficer? You probably don’t know what I’m talking about, so let’s put everything into context. Have you ever wanted something, let’s say a smartphone, so bad that you put a lot of effort researching and scouring the best deal for it for days or weeks? Then congratulations, your shopper […]

Credit to Author: Emeterio SD. Perez| Date: Tue, 10 Dec 2019 18:15:42 +0000

Retained earnings. SM Investments Corp. reported retained earnings of P283.039 billion as of end of the third quarter of 2019. Of the amount, P37 billion, or 13.072 percent, is “appropriated”, while the remaining P246.039 billion, or 86.927 percent, is “unappropriated.” The company, which belongs to the group of companies owned by the family of businessman […]

Credit to Author: KELVIN LESTER LEE | Date: Tue, 10 Dec 2019 18:05:30 +0000

The Securities and Exchange Commission (SEC), as the registrar and overseer of the corporate sector, is tasked to monitor and supervise corporations to ensure that the corporate vehicle is not used to defraud the investing public. In this light, our corporate law provides a framework for what powers a corporation may exercise. The legislature retained […]

Credit to Author: Ben Kritz| Date: Mon, 09 Dec 2019 16:15:59 +0000

IN a surprise move over the weekend, Makati Mayor Abby Binay launched what appears to be a crackdown on the Philippine offshore gaming operator (POGO) business in her city, announcing that Makati would indefinitely suspend the issuance of new business licenses and permits to POGOs. The mayor’s statement, issued on Sunday, said that effective immediately, […]