Business Columns

Credit to Author: Emeterio SD. Perez| Date: Mon, 09 Dec 2019 16:14:08 +0000

RFM. Triple Eight Holdings Inc. said in a filing that as a stockholder of RFM Corp. (RFM), it had “no transactions for the month of November 2019.” It still owns 745,157,196 RFM common shares, or 21.55 percent of 3,456,967,658 outstanding RFM common shares. When computed, its ownership is equivalent to 21.555226 percent, which, when rounded to […]

Credit to Author: Emeterio SD. Perez| Date: Tue, 03 Dec 2019 16:20:04 +0000

Manila Water. Esmeralda Ragpa Quines is group director for East Zone Business Operations of Manila Water Co. (MWC). Before selling 50,000 MWC common shares at P19 each on Nov. 20, 2019, she owned 757,590 MWC common shares, or 0.04 percent. The sale reduced her ownership to 707,590 MWC common shares, or 0.03 percent, which she […]

Credit to Author: KELVIN LESTER LEE | Date: Tue, 03 Dec 2019 16:18:28 +0000

If the Securities and Exchange Commission (SEC) grants to a foreign corporation a license to do business in the Philippines, is such license considered co-terminus with the life of a foreign corporation? In a recent SEC OGC Opinion, the commission opined in the affirmative. As a general rule, Paragraph 2, Section 11 of Republic Act […]

Credit to Author: Ben Kritz| Date: Mon, 02 Dec 2019 17:23:12 +0000

OXFORD Economics (OE), the respected “independent global advisory firm” (that’s what it calls itself), published a white paper last month that policymakers and investment strategists in this climate-challenged country ought to study closely. In the paper, titled “The Economic Impact of Global Warming,” author James Nixon, OE’s chief European economist, notes that the impact of […]

Credit to Author: Rey Elbo| Date: Mon, 02 Dec 2019 17:20:33 +0000

A RUSSIAN “propaganda train” carrying the spoils of the Syrian war traveled 28,500 kilometers in different cities to show to the public seized weapons made in the United States, France, Israel and Italy. There were “[f]ive hundred exhibits of captured armored vehicles, artillery, firearms and improvised explosive devices…on show,” Euronews said in a Feb. 24, […]

Credit to Author: BENITO L. TEEHANKEE| Date: Mon, 02 Dec 2019 17:18:33 +0000

THE pressures of a VUCA (volatile, uncertain, complex and ambiguous) world on organizations have been increasing. Technologies have been changing fast, and will change even faster with the anticipated rollout of Fifth Generation (5G) technology and the Internet of Things. These will make markets much more competitive. Managers are trying to cope with this by […]

Credit to Author: ROBERT SIY| Date: Fri, 29 Nov 2019 16:15:08 +0000

METRO Manila should have much more mass transit systems. More rail systems are urgently needed, but the mass-transit mix should include bus rapid transit (BRT). Leaving BRT out of the toolkit to fix traffic is like going to battle half-armed. Earlier, there was a short-sighted view among some officials that BRT systems should not be […]

Credit to Author: The Manila Times| Date: Thu, 28 Nov 2019 16:34:43 +0000

AYALA Land Inc. (ALI) has a number of units. One of these is Alveo Land Corp., which, in turn, has four units of its own: Serendra Inc., Solinea Inc., BGSouth Properties Inc. and Portico Land Corp., which are not listed on the Philippine Stock Exchange (PSE). Another is Amorsedia Development Corp., which owns OLC Development […]

Credit to Author: Ben Kritz| Date: Wed, 27 Nov 2019 16:59:05 +0000

A controversy that should not have been allowed to pass as quickly as it did emerged earlier this month when Solicitor General Jose Calida issued an opinion that Philippine offshore gaming operations, better known as POGOs, cannot be subjected to income tax because they derive their income offshore. Almost everyone who does not profit directly […]