(First of two parts) COMPANIES engaged in agricultural activities, which is the biological transformation and harvest of crops such as banana, pineapple, sugar, coffee, palm oil and rubber, incur costs of planting (including seedlings), fertilizers and or plant/fruit care prior to commercial harvest. The aggregate of these costs is what is commonly called the costs of bearer plants. These costs are often significant since a farm may cover hundreds, if not thousands, of hectares of land. Given our rapidly growing population, there is constant pressure on agricultural companies to expand operations to meet demand — which in turn means commensurate increases in the cost of bearer plants. These costs can also be substantial when farms are damaged by typhoons or crop diseases, which in some cases require rehabilitation and even replanting.

Almost 20 years ago, in a column for another paper, I said “Goodbye to Garamond,” in reference to how the world of typography — the way by which the printed word is presented to us by publishers, advertisers and the media — was perceptibly changing. Printed letters — like the ones you’re looking at this very instant — are shaped into what are called fonts (a term often used interchangeably with “typeface,” although some experts will insist that there’s a subtle but important difference). They’re how the letters physically look, which in turn may convey psychological, emotional or subliminal messages to the reader. We’ll get to that in a minute. First, here’s a bit of what I wrote back then: “Have you ever wondered about those fonts whose letters look as though they had been scratched onto plywood with a nail by a heroin addict going through withdrawal? Remember the flickery font they used for the credits of Brad Pitt’s Seven?… These, folks, are examples of what’s been called ‘grunge’ typography and ‘degenerative’ art. The idea seems to be to produce aesthetic pleasure through severe disorientation… Goodbye to Garamond, and all those reassuringly clean and classically balanced fonts. Hello to something like WaxTrax, which fairly drips all over your screen. And so it goes in the BraveNewWorld of cyberspace.” Cyberspace and the Internet, of course, were still a novelty for most people back in 1996, and were full of raw and rough edges — visually and even audibly. Remember when Read More …

MANILA, Philippines – Century Pacific Food Inc. (CNPF), the country’s largest canned food manufacturer, has joined a global coalition to address tuna supply and sustainability challenges. CNPF, through its wholly-owned subsidiary General Tuna Corp., is the first Philippine company to join the International Seafood Sustainability Foundation (ISSF) which advocates improved fishery management, research and development, and responsible fishing practices. “We support initiatives to ensure the conservation of our seafood resources and will work closely with the ISSF to ensure the sustainability of tuna supply and the protection of its ecosystem.” Century Pacific vice president Teddy Kho said. CNPF has an 88 percent market share of canned tuna products in the Philippines, with leading brands Century Tuna, 555, Blue Bay, and Fresca. It is also one of the largest providers of private label tuna products to food manufacturers globally. The company successfully completed an audit demonstrating its compliance with ISSF conservation measures. These include restrictions on purchases from illegal, unreported, and unregulated fishing, and credible tracing of tuna from capture to plate. All member companies are subject to ongoing inspection to ensure continued compliance.

MANILA, Philippines – More companies are focusing their hiring activities in the field of accounting and finance over the ever popular sales roles and marketing roles. In a survey conducted by JobStreet.com, 37 percent of companies indicated their demand for accounting and finance professionals, followed by sales at 35 percent, while IT software and marketing professionals share third place at 21 percent. While sales, accounting and finance, and marketing have been dominating previous JobStreet.com surveys, it would be the first time that demand for sales professionals has dropped from its top spot. This is also the first time IT professionals has claimed a spot among the top three specializations. The trend of new specializations dislodging old ones shows how robust and dynamic the recruitment market has become despite already being in the latter part of the year. Fifty-one percent of employers surveyed said that compared to the same period last year (July to September 2013), employment outlook in their respective industries are better. Only 4 percent of companies forecast worse, while 44 percent expect the employment outlook to remain the same. Company expansions are expected to boost hiring activity, with 42 percent of respondent companies looking to grow operations, and thus hire more personnel. Thirty percent claim they would be replacing and filling essential positions, while only 5 percent and even a smaller 3 percent of companies would hire less and would not be hiring at all, respectively. Despite the optimistic outlook shared by most respondents, there are still challenges Read More …

MANILA, Philippines – Member of the OceanaGold emergency response team demonstrated their expertise in disaster response by emerging as the overall champion in the regional Fire Olympics conducted by the Bureau of Fire Protection in Paguiran Stadium Ilagan Isabela recently. “I commend our emergency response team who are continuously improving and evolving in their disaster rescue skills. From Bohol earthquake to Yolanda disaster rescue operation, they have showed exemplary courage and dedication to serve others“ said OceanaGold country director Bradley Norman. The Annual Fire Olympics competition is attended by various local government units and industrial companies located in Region II. The competition aims to test the capabilities of the emergency responders during disasters such as fire preventions. OceanaGoldERT will be representing the whole region of Cagayan Valley to the National Fire Olympics on Dec. 19-20 in Metro Manila. According to Bradley Norman, this kind of competition enables OceanaGold to test the judgment, knowledge and abilities of their emergency response team in rescue situations while developing a network of emergency responders who are likewise competent in handling any kind of disasters.

MANILA, Philippines – A new standard of care is now introduced that makes a cavity-free future possible by the latest breakthrough technology from Colgate, new Colgate maximum cavity protection plus sugar acid neutralizer toothpaste. It is the first and only anti-cavity toothpaste that goes beyond the protection of fluoride that directly fights sugar acids in plaque – the number one cause of cavities. A common misconception is that sugar is the main cause of cavities; however, any kind of food can be the culprit – even healthy food such as fruits and vegetables – due to sugar acids. Sugar acids are created in the mouth when common oral bacteria feed on starchy food residue, causing the acid level in the mouth to rise and enabling sugar acids to attack, therefore weakening the teeth and causing cavities. The latest breakthrough in cavity protection from Colgate fights cavities in two ways with the unique combination of sugar acid neutralizer and fluoride. Sugar acid neutralizer helps deactivate the sugar acids in plaque making it easier for fluoride to strengthen and repair the teeth, thus preventing cavity formation.

Clockwise from upper left: Paul Riley, Dr. Alfonso Uy, Corazon D. Ong, Chris Tiu, Antonio “Tony” Tiu It seems that in the business arena, if you cannot become the No. 1 champion, it is still immensely profitable and worthwhile to keep fighting as a good No. 2 or dynamic upstart challenger. Often, the challenger breaks up a monopoly or near-monopoly situation. In the past, our series on the “hidden champions” of Philippine business has gotten a lot of good feedback. Here are more successful, low-key and below-the-radar business enterprises: • Mighty Corporation, the upstart challenger to Philip Morris Fortune Tobacco – Mighty Corporation is the Philippines’ second biggest cigarette manufacturer, steadily growing its market share to almost 25 percent of the huge domestic cigarette market of 100 billion sticks per year, according to Paul Riley, president of PMFTC, Inc. or the joint venture of American multinational Philip Morris and philanthropist Lucio Tan’s industry leader, Fortune Tobacco. While Mighty Corp. claims that its success was achieved due to “more efficient distribution and better marketing efforts,” Riley told me that he disagrees. Quoting “key findings in the Senate Tax Study and Research Office (STSRO) confirms its long-held suspicion on Mighty Corporation’s business practices that may have adversely impacted government revenues.” He accused Mighty of gaining market share from five to over 20 percent due to alleged “systemic and endemic fraud” via tax evasion and smuggling. Riley estimates that P10 billion in taxes are uncollected from their competitor per year. He asks how Read More …

MANILA, Philippines – The Philippine real estate industry is expected to grow further next year as the looming Association of South East Asian Nations (Asean) Economic Integration continue to attract foreign investors and with the region’s increasing role in global economy. According to Noel Cariño, president of Chamber of Real Estate and Builders Association, the country’s largest organization of key players in the domestic real estate industry, the Asean integration in 2015 will change the economic landscape of the whole region, particularly the real estate market. The elimination of tariffs on goods and services by a single Asean economy would drive consumer spending higher. “The demand for residential spaces adjacent to malls, retail complexes and other recreational spaces would go up and will likely increase the already healthy real estate market,” Cariño said. The influx of investment and elimination of trade barriers will allow each country in Asean to enjoy unimpeded and free flow of goods, services, labor and capital. The potential impact of the integration would require more commercial and residential infrastructure for highly urbanized cities within the region including key cities of the Philippines. “Residential, commercial and retail developers, which will be exposed to international market will expand their operations and acquire properties inside and outside the country. While foreign investors and corporate executives with local operations in the country will look for residential spaces for a place to stay,” Cariño added. CREBA however, reiterated the country must continue to pursue relevant market reforms in order to remain Read More …

MANILA, Philippines – British American Tobacco (Philippines) Limited has tapped Negrense Volunteers for Change Foundation Inc. as its partner in implementing more than P9 million worth of infrastructure and livelihood projects in Yolanda-struck areas. Barangays in Biliran, Eastern Samar, and Leyte will benefit from the partnership. Signing the memorandum of agreement are BATP general manager James Lafferty and NVC president Milagros Kilayko. Looking on from behind is NVC trustee Mariel Tolentino. The projects covered by the agreement are now underway. BATP also donated P1 million to ABS-CBN Foundation Sagip Kapamilya in January for its Yolanda-related efforts.

MANILA, Philippines – In line with its commitment to deliver topnotch service, the recently unified Nissan Philippines, Inc. (NPI) held its first Nissan Service Technician Excellence Competency Award (NISTEC) and Nissan Service Advisor Excellence Competency Award (NISAC) National Competition at the Nissan Training and Research Center in Santa Rosa, Laguna. After being recognized by JD Power Asia Pacific’s 2014 Philippine customer service index (CSI) study by garnering top marks in customer satisfaction with aftersales service among new vehicle owners, NPI continues to develop and carry out programs that increase the service reliability and competency of its aftersales workforce. “NISTEC-NISAC is a competition done globally in all countries where Nissan operates. It has been Nissan Motor Co. Limited’s program for more than 20 years,” said Antonio Zara, president and managing director of NPI. “Part of the JD Power criteria involves the competences of the service technicians and service advisors in achieving the over-all satisfaction of the customers. With this competition, we at NPI, aim to further improve the skills and capabilities of our service technicians and service advisors. We also want to encourage them to give the best kind of service our Nissan customers deserve,” he added. Nissan now has a total of 217 service technicians and 59 service advisors nationwide. Through a series of rigorous sets of examinations in the pre-qualifying round, 12 finalists emerged as the strong contenders for the final competition. The six service technician and six service advisor finalists were certified by Nissan Sales Technician Education Program Read More …