On the right track

Credit to Author: Leah C. Salterio| Date: Sat, 29 Feb 2020 16:25:04 +0000

She gamely accepted the responsibility of continuing the business legacy of her grandfather Lee King Yek, who founded the LKY Group of Companies. Despite being only 26, she has definite ideas about running a hotel chain and is determined to see The Oriental Hotel and Resorts be recognized internationally. “I have to ensure that our […]

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Measure amending PSA to boost FDI – analysts

Credit to Author: Mayvelin U. Caraballo, TMT| Date: Sat, 29 Feb 2020 16:20:28 +0000

PROPOSED amendments to the 84-year-old Public Service Act (PSA) would boost job-generating foreign direct investments (FDI) in the country, but regulators must ensure these would be properly implemented, analysts say. This comes after some lawmakers have criticized the planned amendments, raising concerns that once passed, these would allow foreign companies to fully own certain public […]

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Learning from life

Credit to Author: Leah C. Salterio| Date: Sat, 15 Feb 2020 16:20:26 +0000

“If you want to be successful, you should surround yourself with people more accomplished than you. You need to have a strong support base where you can turn to and consult on pressing matters.” “The best way to judge a person is not through his (or her) triumphs, but by how he (or she) responds […]

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Lobien: Tourism real estate market to expand

Credit to Author: Faye Almazan| Date: Sat, 18 Jan 2020 16:14:43 +0000

THE Lobien Realty Group expects the local tourism property market to grow as the country looks to increase the number of tourist arrivals this year. According to the property consultancy company, at least 3,500 rooms are expected to be added to Metro Manila’s hotel supply from 2020 to 2021. These would be located in the […]

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Of cats and currencies

Credit to Author: Leah C. Salterio| Date: Sat, 11 Jan 2020 16:18:42 +0000

“There is a good market here in the Philippines. With Filipinos leading in overseas remittances, I’d like to give them the convenience and opportunity to grow their money using technology. There’s really a big potential here.” A business dealing with cryptocurrency exchange sounds complicated to look after. But Bexpress, the first venture of South Korean […]

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Sugar output slips 22.4% in late Dec

Credit to Author: Eireene Jairee Gomez| Date: Sat, 11 Jan 2020 16:16:46 +0000

LOCAL production of raw sugar continued to decline in late December, hitting 502,714 metric tons (MT), down 22.42 percent from 647,994 MT in the same month in 2018, the Sugar Regulatory Administration (SRA) said. In its latest weekly supply and demand situation report, the SRA said total raw sugar output in terms of 50-kilogram bags […]

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Engineered to lead

Credit to Author: Louise Nichole Logarta| Date: Sat, 04 Jan 2020 16:15:46 +0000

“Real estate is experiencing …continuous growth, but what I’m seeing is a changing of the guard in these big companies and developers. The next generation is different — they are educated abroad and there are more women in leadership roles.” THE playing field in many industries has evened out in terms of workforce composition. More […]

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Peak performer

Credit to Author: Margie T. Logarta| Date: Sat, 28 Dec 2019 16:20:19 +0000

“What makes a good mentor? It’s someone who creates hope in you that you can be someone in the future. Those (bosses) I worked with instilled in me the belief that I could go beyond what I could (already) do.” FOR Michael Jaey C. Albaña, mountaineering and sales and marketing can be approached using a […]

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Registration deadline for OPS extended by 3 mos

Credit to Author: Mayvelin U. Caraballo, TMT| Date: Sat, 28 Dec 2019 16:18:58 +0000

OPERATORS of payment systems (OPS) now have more time to register with the Bangko Sentral ng Pilipinas (BSP), according to the central bank. In a December 26 memorandum released on Friday, BSP Governor Benjamin Diokno announced that monetary authorities had extended the registration deadline to April 1 next year to also address various concerns that […]

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AgriNurture eyes corn plantation JV with BuCor

Credit to Author: Eireene Jairee Gomez| Date: Sat, 28 Dec 2019 16:17:30 +0000

LISTED AgriNurture Inc. is looking to create a joint venture (JV) with the Department of Justice, through the Bureau of Corrections (BuCor), to develop an integrated agritourism corn plantation in Palawan province. In a disclosure on Friday, AgriNurture said its board of directors approved the plan on December 20. The proposed joint venture aims to […]

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