Business | Sun.Star Online

Jan 162015
 
Supply lack triggers increase in veggie prices

WITH supply running low, the prices of vegetables and other farm products have gone up, the Philippine Statistics Authority-Bureau of Agricultural Statistics (PSA-BAS) has reported. The agency monitored an increase from P2 to P40 in selected vegetables and other agricultural products at the Bankerohan Public Market as of January 9. The prices of pork lean meat, ampalaya, sitao, carrots, eggplant, native pechay, and papaya have also increased. Habitchuelas or beans had the highest price increase: from P40 last December 23 to P80 on January 9. Sitao rose from P40 to P80. A P20 increase was also recorded in ampalaya, now selling by as much as P80. Native pechay went up by P10, to P80. Pork lean meatis now P175 up by P5. A P7 to P5 increase was recorded for eggplant, wherein it is now priced at P25 to P30 from P18 to P25. Papaya went up to P20 to P25 from P18 to P20, a P2 to P5 increase. Native garlic remains high at P360 to P380 since December 19due to a lean supply. PSA-BAS noted a drop in the prices of tilapia, cabbage, red onion, white potato, and calamansi. Cabbage was P30 as of January 9, down from P60 in December 23. Tilapia was P100,down from P120. Potato was down to P70 from to P80,and red onion to P70 from P80. Calamansiwas P30, down from P35. The prices of other commodities remained stable. Well-milled rice is at P41 to P46 with a prevailing price of P43 while regular-milled Read More …

Jan 152015
 
Malaysian tourists arrivals in W. Visayas increase

ILOILO CITY – Malaysian tourists in the Philippines are increasing, while Boracay Island is the most favored destination in Western Visayas, according to the region’s Department of Tourism. According to the DOT’s report, there is a 233.17 percent increase in Malaysian tourist arrivals for Western Visayas with 19,890 arrivals as of January 7, 2015, higher compared to 2013’s 5,970 tourist arrivals. DOT Regional Director Helen Catalbas said Aklan and Boracay remain the top destination for Malaysians with 5,477 in 2013 to 19,600 in 2014. Bacolod City came second with 107 Malaysian arrivals and Negros Occidental with 70 tourist arrivals. The number of tourist arrivals is expected to increase as final reports from the six provinces and two highly-urbanized cities are expected to be sent to the region’s DOT office. DISCLAIMER: Sun.Star website welcomes friendly debate, but comments posted on this site do not necessary reflect the views of the Sun.Star management and its affiliates. Sun.Star reserves the right to delete, reproduce or modify comments posted here without notice. Posts that are inappropriate will automatically be deleted. Forum rules: Do not use obscenity. Some words have been banned. Stick to the topic. Do not veer away from the discussion. Be coherent and respectful. Do not shout or use CAPITAL LETTERS!

Jan 142015
 
Businesses to keep momentum in Year of Wooden Sheep

THE year 2015 or the year of the Wooden Sheep will have businesses keep their momentum of businesses, according to Feng Shui enthusiast Edgar Hao. “The year of the Sheep will be better than last year. This is a year good for business and opportunities,” Hao said in an interview on Tuesday. The year of the Wooden Sheep which will officially kick in on Feb. 19, has the sense of balance as all the five elements including wood, water, metal, fire and earth will be found in this year’s Feng Shui chart, which serves as their guide in making predictions. “There is momentum. The balanced astronomical signs signify a year of prosperity and a year of opportunities. The presence of fire element, for instance, will continue to push opportunities especially in business,” said Hao, who has been practicing practical Feng Shui for 15 years. 2 elements The year of the sheep is symbolized by two elements— with yin wood sitting on top of earth. Although this signals disharmony as the “wood conquers earth on the destructive cycle,” such conflicts, according to Hao, may be more easily resolved with compromise and concessions in 2015 as the nature of the yin wood is a flower which is easy to adjust directions and is much more flexible. “Yin wood symbolizes the small branches of tree which is not stubborn and can easily adjust to changing circumstances. With such character, expect 2015 will be comparatively less violent than 2014,” said Hao. “In 2015, the Read More …

Jan 122015
 
PLDT buries phonelines for Apec

THE Philippine Long Distance Telephone (PLDT) is cooperating with the City Government by agreeing to bury its telephone wires underground, covering more than three kilometers from Gen. Luna in the city center to El 98 in Jaro district. In a report to Senate President Franklin Drilon and Iloilo City Mayor Jed Patrick Mabilog recently, Rene Lescano of PLDT said the P100-million project will be completed before the city hosting of two ministerial meetings of the Asia Pacific Economic Conference (Apec) on September and October this year. The project, which started November 2014 and slated for completion by April 2015, will be using fiber optic to upgrade the connection wires. Lescano said the fiber optic is more efficient, less expensive and attractive to the business process outsourcing (BPO) companies. Mabilog said the project is a good preparation for the Apec in projecting Iloilo City as business-friendly area for using modern and efficient technologies on telecommunications. DISCLAIMER: Sun.Star website welcomes friendly debate, but comments posted on this site do not necessary reflect the views of the Sun.Star management and its affiliates. Sun.Star reserves the right to delete, reproduce or modify comments posted here without notice. Posts that are inappropriate will automatically be deleted. Forum rules: Do not use obscenity. Some words have been banned. Stick to the topic. Do not veer away from the discussion. Be coherent and respectful. Do not shout or use CAPITAL LETTERS!

Jan 092015
 
Balik Cebu ready to build 50 units

A YEAR after they launched the fund-raising program Balik Balay, organizers of the Balik Cebu group announced they will begin the construction of 50 nipa huts in Esperanza, Pilar, Camotes this month. “The resettlement area in Esperanza, which can accommodate up to 100 nipa huts, was purchased last December. With that, we will embark on the groundbreaking and construction of the 50 nipa huts as soon as possible,” said Tetta Baad, chairperson of the Cebu City Tourism Council (CCTC) and Balik Cebu. According to Baad, the groundbreaking was initially scheduled last Jan. 4, but bad weather limited access to Pilar, Camotes, so the ceremony was postponed. Every year for the past 14 years, Balik Cebu, which is a program under the CCTC, has rolled out the red carpet to welcome balikbayans. Last January 2014, the organization embarked on a major campaign to help survivors whose homes were wrecked by super typhoon Yolanda last Nov. 8, 2013. Donations The Balik Cebu committee received tremendous financial support from the balikbayans, who expressed willingness to help typhoon survivors rebuild their homes, Baad said. For each 15-square-meter nipa hut, donors had to raise at least P35,000.Donations are still welcome for the next 50 houses. The Balik Cebu committee launched last Thursday the Balik Cebu Booth located near the concierge counter of Ayala Center Cebu. The booth, which is open from Jan. 8 to 18, allows balikbayans and tourists to purchase tickets for the Balik Cebu Homecoming Dinner on Jan. 15 at The Terraces, seats Read More …

Jan 082015
 
Italpinas offers New Year’s Treat to Buyers

BUON Anno Nuovo! Are you looking for an investment this 2015? The New Year is a good occasion to re-evaluate your portfolio and start hunting for promising new investments. As an early gift this new year, Italpinas offers P75,000 discount to the first 5 buyers only for the month of January 2015. “New year is the best time to make a fresh start and new beginning. Wouldn’t it be great to live in your own place (if you are just renting) or think of renting out your unit to earn more? This is the best time to do that wise move. Invest and own a condominium unit and be one of the lucky few to enjoy its numerous advantages,” said Gladys Echano, VP for Sales. Currently, Primavera Residences’ furnished units are being rented out and managed for short-term and long-term rentals, as part of its In-house Asset Management Program. Due to the success of this program, a large number of clientele are requesting for more rentable units, bringing in more investors for its income-generating opportunities. Located in Pueblo Business Park in uptown Cagayan de Oro, Primavera Residences is in the middle of many important establishments, like SM CdeO, universities, a world-class golf course and many more. Being located uptown also means that your property is in a flood-free, and therefore, a safer zone. “For this new year, Italpinas is offering P75,000 discount for the first 5 buyers this January, This is our Buena mano treat aside from the discount upon Read More …

Dec 312014
 
IT-BPM ‘continues to do well’

TOP TECH INVESTOR Dave McClure of 500 Startups (center) was in Cebu for Geeks On A Beach. With McClure are TechTalks.ph founder Tina Amper (left) and IdeaSpace founder Earl Valencia. Geeks On A Beach was one of the biggest tech events to be held in Cebu this year.  (SUN.STAR FILE) CONSIDERED one of the top growth drivers of Cebu and Central Visayas, the information technology and business process management industry has transformed many lives of locals. Although consistently showing huge growth numbers, the Cebu Educational Foundation for Information Technology (Cedf-IT) and the National Economic Development Authority (Neda) believe the official figures are still lower than what the industry produces. Cedf-IT and Neda 7 are teaming up to better understand the local IT-BPM industry and validate actual employment and revenue figures being produced. According to the Neda 7, the first quarter of 2014 employed 29,000 new workers while the second quarter employed about 30,000.However, these figures were culled from firms registered with the Philippine Economic Zone Authority (Peza). “There are many IT-BPM companies that are not located in IT parks and are not part of the official reports right now,” said Neda 7 Director Efren Carreon. Employment figures He said there are legally registered, small-scale companies scattered about but are not included in the final reports because of their locations. He admitted these companies may be small, but he said even a startup with two to three employees could serve a large market and earn a substantial amount in revenue. He hopes, Read More …

Dec 302014
 
DOT 7 to produce guide on tourism development for LGUs

THE Department of Tourism (DOT) 7 will produce a guidebook on tourism development plans for local government units (LGU) in Cebu Province starting in February. DOT 7 Director Rowena Montecillo said the guidebook will serve as a tool to help LGUs craft their tourism plans. “The aim here is to help LGUs become DOT-independent in terms of making their own tourism plans because these plans should really be initiated by them. DOT’s intervention will come in the form of technical assistance that will suit the community,” said Montecillo. She said the guidebook will help educate and determine the function of local tourism officers and local chief executives in the development of their local tourism roadmaps. DOT 7 has increased its efforts in developing new tourism destinations in the countryside. Montecillo reported more LGUs in Cebu are now active in implementing their own tourism development plan, most of them as eco-tourism destinations. “More LGUs are now aware of the growth opportunities tourism can bring to their locality in terms of income and job generation.Those areas with high potential in tourism have been working closely with the DOT in terms of technical and marketing help,” said Montecillo. She said more LGUs need proper training in crafting their tourism development plan. “There are some who don’t know their tourism plans while others don’t know what to do with their tourism sites but they are starting to learn. We are hoping this guidebook will help them,” she said. Montecillo cited Malabuyoc as an example Read More …

Dec 292014
 
Renewal of biz permit starts Jan 3

THE renewal of business permits will start on January 3, 2015 at the City Council and NCCC Mall of Davao in Matina. It will run until January 20. The Business Bureau will be accommodating renewal application on weekdays and weekends. Maribel Paguican, assistant head of the Business Bureau, told Sun.Star Davao in a phone interview that they will be offering all of their services at the Sangguniang Panlungsod, aside from the renewal of permits, while their one-stop shop at NCCC Mall of Davao will only transact applications for renewal. She also said Councilor January Duterte, president of Association of Barangay Captains, issued a memorandum that Barangay Halls will be open on weekends to cater to business owners who will get their barangay clearance. Requirements needed for renewals are previous Mayor’s or business permit; notarized list of all employees; authority to transact the renewal of Mayor’s or business permit with the Business Bureau, special power of attorney for sole proprietorship, secretary’s certificate for corporations, and partnership resolution for partnerships; clear copy of valid ID of all signatories and the transacting person; original copy of barangay clearance; certified copy of Proof of Exemption, if any; and available financial statment of the previous year. However, the office said “additional documents may be required depending on the line of business engaged in.” Paguican said they are expecting some 30,000 to 35,000 business establishments to renew their Mayor’s or business permit. The schedules at Sangguniang Panlungsod and NCCC Mall of Davao are: 8 a.m. to Read More …

Dec 262014
 
Almirante: Due process

IN 2002, petitioner United Tourist Promotions (UTP), registered in the name of Ariel D. Jersey, employed respondent Harland B. Kemplin as its president for a period of five years, to commence on March 1, 2002 to end on March 1, 2007 “renewable for the same period, subject to new terms and conditions.” On May 12, 2009 he signed as its president advertisement agreements with Pizza Hut and M. Lhuillier. On July 30, 2009, UTP’s legal counsel sent Kemplin a letter informing the latter that he was no longer an employee of UTP considering the expiration of his employment contract. The extension of his services was only tolerated. He was further informed of cases filed against him for grave oral threat, summary deportation, and grave coercion and grave oral threats. Consequently, he was given a notice to cease and desist from entering UTP’s premises from receipt thereof. On Aug. 10, 2009, Kemplin filed before a Regional Arbitration Branch of the National Labor Relations Commission (NLRC) a complaint against UTP and Jersey, for illegal dismissal, retirement benefits, recovery of the company car, and money claims. He insisted, among others, that he was not duly afforded due process before dismissal. Is there merit to this claim? Ruling: Yes. UTP’s letter sent to Kemplin on July 30, 2009 is a lame attempt to comply with the twin notice requirement provided for in Section 2, Rule 23, Book 5 of the Rules Implementing the Labor Code. The charges against Kemplin were not clearly specified. While Read More …