Maniolas

MANILA, Philippines – Photography and imaging company Fujifilm is looking to sustain its double-digit sales growth in the Philippines as it seeks to revive Filipinos’ fading photo printing habits. In an interview, Fujifilm Philippines assistant to the president and division head for electronic and photo imaging Takuya Maeda told The STAR the company remains bullish on one of its strongest markets in Southeast Asia as reflected by its continued introduction of new products and innovative solutions and concepts. “We are seriously considering expanding the market even though the people’s mindset is  that the printing market is shrinking because of smartphones and digital cameras. Printing market is shrinking and only Fujifilm is thinking of how to grow the market,” Maeda said. Fujifilm in Tokyo pioneered the conversion of traditional photo shops into stores that cater to the new needs and lifestyle demands of customers through the introduction of the Wonder Photo Shop. In its bid to also revolutionize the Filipinos’ photo printing habits similar in Japan, Fujifilm has brought to the Philippines the trendy photography and printing store. To date, Fujifilm has set up three Wonder Photo Shops in the country located at the Ayala-UP Town Center, Nuvali in Laguna and Tacloban. Business ( Article MRec ), pagematch: 1, sectionmatch: 1 “Filipinos love taking photos but surprisingly, the ratio of keeping the photo is very low. Based on our analysis of the Philippine market, Filipinos print less than Japanese do, not because printing is expensive but because the current process of Read More …

The Max’s Group is pursuing its expansion with the planned opening of 60 to 80 new stores across all its brands, both locally and overseas. This is in line with its goal to have 1,000 stores by 2020. STAR/File photo MANILA, Philippines – The Max’s Group Inc. has approved a two-year share buy back program amounting to P350 million. In its disclosure, the company said received the green light from its board to implement a two-year share buy back program. “This is in line with the corporation’s cash management activities seen to benefit shareholders in the long-term. At today’s closing price of P14.54 per share,  the amount of P350 million is equivalent to approximately 2.2 percent of the firm’s  total outstanding shares,” Max’s said. Companies have been buying back shares since last year amid the ongoing market volatility, which has pulled down share prices. These include Bloomberry Resorts Corp., International Container Terminal Services Inc., Energy Development Corp., Splash Corp., Phinma Corp. Vista Land and Belle Corp. Analysts said many companies are buying back shares to take advantage of the low price environment. The Max’s Group is pursuing its expansion with the planned opening of 60 to 80 new stores across all its brands, both locally and overseas. This is in line with its goal to have 1,000 stores by 2020. Business ( Article MRec ), pagematch: 1, sectionmatch: 1 It recently signed an agreement with China-based partners JuYangYiTong of the Zhongfa Group to build at least 15 Yellow Cab Pizza Read More …

THE PHILIPPINES can take advantage of capital flows from aging Asian economies by opening up local industries such as manufacturing and agribusiness, an analyst said, which could further prop up foreign direct investment (FDI) and create more jobs.

A tax refund is one of the most tedious processes in our tax system, if not the most. Refunds are in the nature of tax exemptions construed strictly against the taxpayer. However, this doesn’t necessarily mean that the taxpayer is at the mercy of government power. In our system of taxation, statutory procedures protect the rights of the taxpayer.