Maniolas

MANILA, Philippines – The Philippine Carabao Center (PCC) is bidding out the completion of the training center of its milk processing plant in its Ubay stock farm in Bohol.  The P6 million project, which would be awarded after competitive bidding, will be the second phase of the construction of the PCC Regional Milk Plant.  Interested contractors should be able to complete the project in 120 days.  Bidding for the project would be restricted to Filipino-owned or majority-owned business entities.  The PCC bids and awards secretariat in Munoz, Nueva Ecija and the PCC at Ubay Stock Farm in Bohol would issue the bid documents until April 22, during which bid applicants should also submit a letter of intent. The complete set of bidding documents may be acquired upon payment of a non-refundable fee of P6,000.  The documents may also be downloaded  from the website of the Philippine Government Electronic Procurement System (PhilGEPS) but bidders shall still pay for the documents not later than the scheduled submission of bids.  Business ( Article MRec ), pagematch: 1, sectionmatch: 1 A pre-bid conference for interested parties who have purchased bid documents would be healed at the Manila liaison office of the PCC in Quezon City.  Bid proposals should be submitted not later than 9 a.m. of April 22. Bids would be opened at 10 a.m. of the same day.  The bids and awards secretariat of the PCC in Munoz, Nueva Ecija may be contacted at 456 0731 to 33.  The 635-hectare Ubay stock farm Read More …

Yesterday was the celebration of Easter Sunday. There were many children’s parties, with the Easter bunny there to entertain everyone, as well as lead the Easter Egg hunt. There was also storybook reading for the tots in attendance. This reminded us of the many fairy tales and allegories we have listened to ever since we were children. In fact, we have used allegories to explain our investment strategies, such as the story of the Hare and the Tortoise (see The Hare and the Tortoise, April 5, 2010). This time, we will use Goldilocks and the Three Bears for our investment lesson. Tasting porridge In this tale, Goldilocks was walking in a forest when she chanced upon a house. She knocked on the door but no one answered. However, she went in anyway and saw three bowls of porridge on a table. After walking through the forest, Goldilocks was naturally hungry. Thus, she proceeded to taste the porridge, starting from the first bowl. After tasting it, she exclaimed, “This porridge is too hot!” She then tried the porridge in the second bowl, and said, “This porridge is too cold!” Not satisfied with the first 2 bowls, she took a sip of the porridge in the last bowl. She then happily declared that “This porridge is just right!” Since she was very hungry, she then gobbled it all up. Unbeknownst to her, these 3 bowls of porridge belonged to Papa Bear, Mama Bear and Baby Bear, respectively. Hot and cold This is Read More …

MANILA, Philippines – Robinsons Land Corp. (RLC) is expanding its mall presence in new territories outside Metro Manila with the scheduled opening of five new provincial malls this year and next. Aside from Robinsons Galleria Cebu which will open later this year, RLC said new malls in growth areas are also being developed to bring the Robinsons retail brand to the countryside. RLC said Robinsons Place Tagum in Davao del Norte would open its doors to the public by December this year while Robinsons Place Jaro Iloilo, Robinsons Place Gen. Trias Cavite and Robinsons Place Antique are set for unveiling by next year. “These new additions to Robinsons Land Corp.’s network of 44 malls all over the country highlight the company’s confidence in the growth areas outside the National Capital Region. We believe that creating these retail hubs in the countryside will offer growth opportunities not only to retailers but also the local entrepreneurs,” said Arlene G. Magtibay, Robinsons malls general manager. Robinsons Place Tagum will have a total gross floor area of 65,800 sqm, of which about 60 percent or 34,439 sqm will be for lease to over 300 tenants. “Tagum City serves as the province’s business gateway and functions as convergence area for developments and processing centers.  A study conducted in 2007 by the premier business school Asian Institute of Management cited Tagum as one of the top seven most viable mid-sized cities to do business in the Philippines. The city makes up 25 percent of Davao del Read More …

Alice Eduardo of Sta. Elena Corp. guided and mentored Marivic Quiero in her new business. In the past few weeks that we had been busy preparing for the March Filipina Entrepreneurship Summit and dinner-forum, we didn’t realize that we are already welcoming the month of April.  It feels like it was only a few weeks ago when we were looking forward to the year of 2015 and now we are on the 4th month already.  We start this month at the height of the Holy Week. Today is Maundy Thursday, and we all reflect on what the Holy Week means for all Catholics. Coming from a Catholic family where my mother always reminded us of our spiritual duties, I am deeply aware of the value of this season for us. Every year, we make sure to do the Stations of the Cross and attend recollections as we try our best to internalize the Grace given to us and how our Christ had to suffer and die so that we may live and have eternal life after. This tradition is, in way, a regular part of our Holy Week which we wish to teach our children and the next generation.  From all the day-to-day pressures in our business and work-life, it is always a challenge to develop our spiritual life. But that is a challenge we just have to overcome.  Reflections must actually be done at all possible time, at the least a few minutes a day. A daily dose of teachings, with Read More …

MANILA, Philippines – The Philippine Stock Exchange index (PSEi) breezed through its 23rd record close of the year as it positioned itself less than a hundred points shy of the 8,000 mark yesterday. With one more trading session left before heading to the Holy Week break, the PSEi climbed 0.52 percent or 41.08 points to surge to its fifth consecutive winning streak at 7,940.49. After touching 8,000 mark on Monday, the index retested the level yesterday but failed to surpass the mark this time around. “The market continued to take its cue from the US after personal income and outlays rose 0.4 percent in February versus plus 0.3 percent estimates,” said Jason T. Escartin, investment analyst at F Yap Securities. Aside from the rise in US stocks, Alex Tiu said yesterday’s rise was also due to window dressing and overall rise in US stocks,” AB Capital Securities Inc. analyst Alex Tiu added. Asian stocks were generally higher as it took its cue from an overnight Wall Street rally. Business ( Article MRec ), pagematch: 1, sectionmatch: 1 The Dow and S&P 500 added more than one percent each.  Local counters were mixed at three apiece. Leading those in the green were property firms which climbed 1.60 percent or 50.28 points while mining and oil firms captained those in the red after losing 1.51 percent or 237 points. Tiu said the mining counter was pushed down by lower nickel prices. Market breadth was negative as decliners crushed advancers, 109 to 80, Read More …