Maniolas

MANILA, Philippines – China is importing $500 million worth of various food snacks from the Philippines for the requirements of one commercial complex alone, according to the Center for International Trade Expositions and Missions (CITEM), the export promotions arm of the Department of Trade and Industry. CITEM executive director Rosvi C. Gaetos said the order was made by China’s largest global importers association for the requirements of the Emporium City, a 71-hectare, high-end entertainment, residential and commercial complex in Pinghu, Zhejiang. “Headed by Chinese mogul Chen Jian, the association imports products from Europe, America, Australia and Asia,” Gaetos said. “The Filipino food products are very competitive and Filipino exporters are very good and friendly,” Chen told Gaetos after viewing the products at HallONE, the Philippines’ year-round sourcing facility for the global export market. Managed and operated by CITEM, HallONE drew the Chinese association’s interest during a recent business-to-business matching session participated in by 14 Filipino food manufacturers and exporters – Aisha-Fil Food, Inc., Mapagmahal Foods, Green Leaves Company, Gustazo-Alimentos Corp., Andy Albao Corp., Kwality Philfood, Inc., Grand Alphatech International Corp., Fenor Foods, RPM Pili Nuts, Philippine Moringa and More Corp., Magic Melt Foods, Inc., Monde Nissin, Nyogi Pure Coconut Water Philippines, and Big “E” Food Corp. With Chen at the meeting was Chinese businessman Jack Zhang, who also praised the Philippines’ food exports. Business ( Article MRec ), pagematch: 1, sectionmatch: 1 “Each country has its own special products, and we want to bring those products to China. We are Read More …

THE PROPOSED law which will create a Department of Information and Communication Technology (DICT), a priority measure, will soon make its way to Malacañang after the Senate fell in line with the House of Representatives version of the bill, thereby eliminating any need for a bicameral conference committee.

If you’re one of the estimated 39.7 million employees in the Philippines, perhaps by now, you may have already received an e-mail or a memo from your employer asking or confirming whether you are qualified for substituted tax filing of your Annual Income Tax Return (BIR Form 1700) for calendar year 2015. Since the Philippines follows the Pay As You Earn (PAYE) system for employee’s tax, and is carried out through the withholding tax mechanism, the local employer is constituted as the withholding agent of the Bureau of Internal Revenue (BIR). As such, it is responsible to withhold and remit taxes on the Philippine-source compensation income of its employees to the BIR, irrespective of the place of payment of the compensation.

DAVAO CITY — The city council passed a resolution on Dec. 14 objecting to the modernization plan for Sasa Port under the public-private partnership (PPP) program, citing the Department of Transportation and Communications’ (DoTC) failure to seek the local government’s endorsement.

Rolls-Royce Manila’s Willy Tee Ten, the author, her husband and Aerohub’s David Cook If you had to sit in traffic or travel great distances, wouldn’t you rather do that while sitting comfortably in a luxurious Rolls-Royce? Or why not skip the traffic and travel time by taking a helicopter? But let’s address the most important question first—how can you get a Rolls-Royce or a helicopter? The straightforward answer would be, earn millions of pesos and then go to a Rolls-Royce and a helicopter dealership. But an alternative solution is now available—one that is easier, more achievable and more practical. Last December 10, Aerohub Aviation Services together with Autohub Group of Companies, introduced their Fractional Ownership Program for Robinson’s helicopters and Rolls-Royce cars. Aerohub has an alliance with Lionair Inc., the exclusive distributor of California Corporation Robinson Helicopter Company. The Fractional Ownership Program (FOP) is the first of its kind in the Philippines. It offers the ability to acquire partial ownership of a Rolls-Royce car and/or a Robinson helicopter (R44s and, soon, R66s). A maximum of five individuals can share the ownership of one helicopter or a Rolls-Royce car, for personal or commercial use. Autohub Group president Willy Tee Ten explained that the FOP’s collective ownership arrangement enables owners to enjoy all the benefits of owning a helicopter or a Rolls-Royce, without the hassles that such type of ownership usually entail. Owners won’t have to worry about the pilots/drivers, hangar arrangements/parking, flight route, servicing and maintenance of the aircraft/vehicle. Aerohub and Read More …