Fight gout with Goutritis

 Economy
Jun 062013
 
Fight gout with Goutritis

MANILA, Philippines – Fight gout with Goutritis, an all-natural food supplement that contains tart or sour cherries, which have a high content of anthocyanins, antioxidants and potassium.  All these natural nutrients combine to effectively and safely reduce inflammation and contribute to alkalizing the body, which is helpful in reducing pain associated with gout. Goutritis is FDA-approved.  It is available directly from Whealth Inc. with customer hotlines 524-6549, 354-2208 to 09 and 09474890262.  It is currently sold in jars of 90 capsules priced at P900.  For additional product information, email info@goutritis.com or visit www.goutritis.com and www.facebook.com/GoutritisSupplement. Three capsules of Goutritis, taken daily before breakfast, will help the patient manage his gout on top of doctor’s orders to take the prescribed medication, maintaining a healthy and  balanced diet low on Purine-rich foods, drinking plenty of water to rehydrate the body and flush out excess uric acid, exercising regularly and maintaining a healthy body weight.

Binay bats for more German investments in Phl

 Economy
Jun 062013
 
Binay bats for more German investments in Phl

MANILA, Philippines – Vice President Jejomar Binay has invited German businessmen to invest in the country. Binay, presidential adviser on Overseas Filipino Workers (OFWs) concerns, urged the German business community to look past the Fraport-Piatco affair and take a second look at different investment opportunities in the Philippines. “It may not seem easy to think of doing business as usual without looking back at Fraport-Piatco affair. But that is now before the international courts, and we must let it take its own course as the stronger parts of our cooperation and partnership move on. We must not forget that we have gone through tougher things than this,” Binay said. On separate meetings, Binay reminded the Ostasiatscheveerein (Asia Pacific Business Association and the Thewirtschasftsrat Deutshcland (Economic Council Germany) that the Philippines continues to receive investment upgrades from the international credit rating agenices as well as attract many short-term and long-term investments from abroad. “So I believe we can move on, and I have come here to move on. The exchange of visits between Foreign Secretary Albert Del Rosario to Berlin in November 2011 and Foreign Minister Guido Westerwelle to Manila last February and Labor Minister Ursula von Der Leyen and a high-level group from the Bundestag also to Manila in March has, I believe, created a vigorous momentum for a fresh start,” Binay said. Binay also told German businessmen that a number of major infrastructure projects are up for international public bidding in the Philippines.  Business ( Article MRec ), pagematch: Read More …

Bread making seminar set

 Economy
Jun 062013
 
Bread making seminar set

MANILA, Philippines – The Golden Treasure Skills and Development program will conduct a one-day seminar on cake baking and bread making to be held at the mezzanine, rm. 14 and 15, SMX Convention Center, Mall of Asia Complex, on June 9, from 10 a.m. to 6 p.m. The day long seminar will have an actual demo, food tasting and hands-on experience on how to make different kinds of bread. Other topics to be discussed are sourcing of materials, costing, and step by step guidelines on how to venture into baking business. Each participant will be given a certificate of training right after the seminar. Lunch, snacks hand-outs and all the raw materials  needed for actual demo and hands-on experience will be provided. For questions call 913-65-51; 421-15-77; cel. no 0905-205-0110 or 0949-930-8487 or log on to www.GoldenTreasureSkills.com or like us on facebook.

DOE seeks help of LGUs in streamlining gas stations

 Economy
Jun 062013
 
DOE seeks help of LGUs in streamlining gas stations

MANILA, Philippines – The Department of Energy (DOE) is urging local government units (LGUs) to streamline procedures in putting up retail gasoline stations in their areas, a ranking energy official said. Zenaida Monsada, director of the DOE’s Oil Industry Management Bureau, said they are coordinating with LGUs to explore ways on how to streamline business processes in their respective areas and pave the way for the construction of more retail stations around the country. “There is a lot of room for improvement in the existing retail rules. More players are coming in,” Monsada said during the Industry Emergency Response 2013, a safety forum organized by the Philippine Institute of Petroleum (PIP), an industry group of oil firms. She noted that at present, LGUs require so many documents before companies can put up gasoline stations. “There are numerous requirements. We have the mayor’s permit and so many other permits so what we’re looking at is how we can help the energy sector,” Monsada. Initially, the planned agreement with LGUs would focus on gasoline stations but may eventually cover other energy projects. Business ( Article MRec ), pagematch: 1, sectionmatch: 1 Monsada said they hope to finalize the agreement within the year. At present, there are 5,000 registered retail gasoline stations around the country. During yesterday’s IERO 2013 safety forum, industry players stressed the importance of safety as they warned the public against the practice of some merchants of selling fuel oil in bottles. Monsada said the unregulated nature of the “bote-bote” Read More …

Gov't warns companies in Visayas to use legit software

 Economy
Jun 062013
 
Gov't warns companies in Visayas to use legit software

MANILA, Philippines — The Philippine Anti-Piracy Team (PAPT) issued a warning to businesses in the Visayas region to use genuine software as it sets another round of inspections. Ricardo Blancaflor, Director General of the Intellectual Property Office of the Philippines (IPOPHL), said continuing the use of pirated and unlicensed software can lead to heavier charges and be detrimental to business operations. “We encourage businesses to use genuine software for a stable and safe business environment. Especially those businesses in the Visayas region who are not using licensed software, we recommend that they standardize on genuine as soon as possible because we might visit them next,” Blancaflor said. PAPT recently visited several business centers in the South Metro region to conduct inspections and determine if the companies were utilizing genuine software. Establishments in Batangas and Laguna were inspected including Automated Technology Philippines, Diversion Industries Inc., Fastech Synergy, Glades International Corp., Miyasaki Polymer (Philippines), Nikkoshi Philippines, Paete Manufacturing Cooperative, Renewable Products Group, and Tann Philippines. IPOPHL led the inspections together with the Optical Media Board (OMB), both members of the PAPT. Business ( Article MRec ), pagematch: 1, sectionmatch: 1 “To lower the piracy and counterfeiting rate in our country, we at IPOPHL have taken to the lead in conducting regular visits in the Metro South region to emphasize the importance of Intellectual property in all industries,” Blancaflor said. “Use of stolen or misappropriated information for business operations is a crime and through these visits, we are further creating awareness on how Read More …

Megaworld’s stock price to hit P9 per share

 Economy
Jun 052013
 
Megaworld’s stock price to hit P9 per share

MANILA, Philippines – Megaworld, the country’s leading real estate developer and BPO landlord, has received an upgraded stock price target of P9.01 per share and a buy rating by the prestigious online brokerage firm COL Financial Private Clients Group in a recently released report. Megaworld’s target price represents a 20 percent discount to the COL Financial’s Net Asset Value estimate of P11.26 per share. COL is estimating that Megaworld will enjoy a net income growth of P7.9 billion in 2013, up from the P7.4 billion earnings in 2012. This gives the real estate giant a price to earnings ratio of about 14.4 this year or way below other real estate properties having a price to earnings ratio of 20 times or more. COL Financial said that the upgraded rating is due to the high prices of the company’s properties located in prime locations such as the Bonifacio Global City (BGC) combined with the country’s strong economic growth, low interest rates and continued infrastructure developments benefitting real estate companies like Megaworld. Likewise, the firm said that the increase in income for Megaworld will be driven by its P180 billion in sales backlog and strong rental portfolio, assuming a six-year development period and a 16x price to earnings ratio valuation. They noted that the company’s current stock price is a good buy given the stable source of cash flows coming from its residential, office and commercial developments. Business ( Article MRec ), pagematch: 1, sectionmatch: 1 Megaworld is looking to double its Read More …

Striking a balance

 Economy
Jun 052013
 

EVER SINCE the Philippines opened its doors to global trade, our country has experienced a radical change when it comes to business opportunities for foreign investors. Despite the foreign equity safeguards in the 1987 Constitution, Congress passed the Foreign Investments Act (FIA) of 1991, as amended, and Republic Act (RA) 8762, otherwise known as the Retail Trade Liberalization Act of 2000. These laws paved the way for more favorable and concrete guidelines for investors to consider before taking a plunge in the local business market.

US home prices soar 12% in April

 Economy
Jun 052013
 
US home prices soar 12% in April

WASHINGTON (AP) – US home prices soared 12.1 percent in April from a year earlier, the biggest gain since February 2006, as more buyers competed for fewer homes. Real estate data provider CoreLogic says prices rose in April from the previous April in 48 states. Prices also rose 3.2 percent in April from March, much better than the previous month-to-month gain of 1.9 percent. Prices in Nevada jumped 24.6 percent from a year earlier, the most among the states. California’s gain was next at 19.4 percent, followed by Arizona’s 17.3 percent, Hawaii’s 17 percent and Oregon’s 15.5 percent. More people are looking to purchase homes. But the number of homes for sale is 14 percent lower than it was a year ago. The supply shortage has contributed to the price increases. Rising home prices can help sustain the housing recovery. They encourage more homeowners to sell. And they spur would-be homeowners to buy before prices increase further. Home sales and prices began to recover last year, six years after the housing bust. They have been buoyed by steady job gains and low mortgage rates. Business ( Article MRec ), pagematch: 1, sectionmatch: 1 Sales of previously occupied homes ticked up to a 3 ½ year high in April, according to the National Association of Realtors. And they are likely to keep growing: A measure of signed contracts to buy homes rose to its highest level in three years in April. There is generally a one- to two-month lag between a Read More …

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