Feb 052016
 
Fujifilm revives photo printing habit in Philippines

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 …

Feb 052016
 
Guide for business and education in the US

If you have a son or daughter who is thinking of studying in the US, I hope you were able to catch our short interview on our TV show, Business & Leisure with one of the key staff members of the US Embassy.  In the last two weeks, we had two officials from the US Embassy talk about their sections’ respective roles and their relevance to Philippine concerns. Mr. Jim McCarthy from the Foreign Commercial Service of the US Embassy graced the show and talked about his section’s crucial role in matching business partnerships between American and Philippine companies. This section was formed back in the ’80s primarily to promote US exports to different countries. Since 2009, according to Jim McCarthy, trade between our two countries has been increasing steadily so that by now, the two-way trail of trade is about $18 billion. The Foreign Commercial Service’s responsibility is to link US companies who come here looking for potential Philippine partners or buyers with the right Philippine parties, form trade missions, and arrange “gold key” appointments which are really one-on-one meetings between key representatives from US and local businesses. They also have what they call single company promotions for companies wanting to launch a new business or just looking to expand their existing business in the Philippines. Part of their mandate is to support the small and medium American companies and to educate them on the market opportunities here in various fields and match them with small and medium Philippine Read More …

Feb 052016
 
Jetstar enters Philippines budget airlines market

MANILA, Philippines – Jetstar, Japan’s biggest low cost carrier, is set to operate direct services from three Japanese cities to Manila starting March as it continues its international expansion. “Manila has great opportunity. There is a big potential for people in Japan to come to the Philippines and there are a lot of Filipinos living in Japan,” Jetstar Japan Co. Ltd chairman and representative director Masaru Kataoka said. Manila will be the third international destination added to Jetstar Japan’s roster after Hong Kong and Taipei last year. The new routes from Narita Airport in Tokyo and Chubu Airport in Nagoya to Manila will offer up to seven direct services a week on March 15 and April 1, respectively. Starting April 7, Jetstar Japan will introduce four new weekly services from Osaka that will complement existing four weekly services schedule provided by its sister airline, Jetstar Asia. With the presence of several LCC carriers, Kataoka said they will keep offering the lowest fares and will set up distribution channels through travel agencies to offer package deals as part of their strategy to handle growing competition among airlines. Business ( Article MRec ), pagematch: 1, sectionmatch: 1 “Competition is good for customers as well as for us because competing with each other allows customers to have more options on the lowest fares in the market,” he explained. Although no exact plans have been made yet, Kataoka noted that considering new Philippine destinations and secondary hubs is also part of their expansion. “This Read More …

Feb 052016
 
Speaking in public

I have this suspicious feeling that I drive event organizers crazy. They are very polite and smile all the time, but the office tells me they have the tendency to freak out, most especially, just days before the event. They would ask me for my presentation material. But I do not give them anything because I do not want to. I have done this before. I would send my presentation in advance, then would find myself being confined and imprisoned within the contents of my slides and give a talk that frustrates me and makes me feel like I have not done my best. Most of my repeat clients know how I work. They give me the liberty to be extemporaneous, and I would leave the presentation materials to my daughter Rachel who is so intuitive and knows which slide to flash in front split seconds before I even say it. There is a reason for this. Much of what I talk about comes from sensing the audience. I would arrive at the place early, ask a few diagnostic questions, mark the territory and then do my thing. It is not unusual for me to change my material even when my Intro AVP is being shown. Rachel knows this and she can switch materials quickly as well. All these are because of one solid principle for presentation: The speaker should be audience-centered. The more the speaker knows the audience, the better the presentation will be. The worst thing a speaker Read More …

Feb 052016
 
Overcoming Fear

Chinkee Tan “I know fear is an obstacle for some people, but it’s an illusion to me.” — Michael Jordan Everyone knows Michael Jordan. In the world of basketball, he is a living legend, a history maker. Who wouldn’t be amazed at his unique basketball skills, but I particularly admire his courage. It is no joke to train to be as good as MJ. There are no shortcuts to the training, discipline and exercise he does every single day. He sacrificed a lot to get to the peak of success, and be the legend that he is today. But more important is the key to his success, and that’s his ability to face his fears. I can imagine that if he didn’t face his fears early on, then there wouldn’t be any ‘Michael Jordan’ today. Fear can be self-fulfilling. Sometimes the only thing holding you back from being successful is the fear of failure. We tend to create our own ghosts – things that we fear but don’t even exist or haven’t even happened yet. When we let go of our fears, we’re free to be more aggressive and to take full advantage of opportunities that come our way. But the question is how can we overcome our fears? Here are some of my suggestions: IDENTIFY Identify what you are afraid of. List down all your fears. After you have done this… Identify the root cause of these things that you are afraid of. What are the reasons for being Read More …

Feb 052016
 
Gov't debt fetch lower rates, longer payment terms

Weighted average interest rate of national government debt went down to 5.19 percent from 5.42 percent the previous year. MANILA, Philippines – Despite interest rates beginning to rise last year, the Philippines still managed to trim down levies charged on its debt pile, while also giving itself more time to settle them. According to the Bureau of the Treasury data, weighted average interest rate of national government (NG) debt went down to 5.19 percent from 5.42 percent the previous year. The figure was also better than the 5.53 percent recorded in 2013. “The government was able to pay down higher-yielding maturing debts last year, which means lower burden for them,” said Emilio Neri Jr., lead economist at the Bank of the Philippine Islands. Broken down, domestic debts fetched an average rate of 5.46 percent, down from 5.69 percent a year ago. Their foreign counterparts, meanwhile, have a lower interest rate of 4.67 percent from 4.90 percent during the same period. Business ( Article MRec ), pagematch: 1, sectionmatch: 1 Global financial volatility continued this year following a roller-coaster ride last year that culminated with the US Federal Reserve raising rates by 25 basis points. That was the first hike in the US, the world’s safe haven, for nearly a decade, attracting yield-seeking capital flows from emerging markets such as the Philippines. Last week, National Treasurer Roberto Tan said the low interest rate era “are already over” and that higher rates could be expected by investors and government alike. Neri, however, Read More …

Feb 042016
 
Jane Lynch: We could do wonderful, miraculous things so all of us could be angels

Curtain-raisers: Reactions to the recent story about 1976 Bb. Pilipinas-Universe Lizbeth de Padua: From Dr. Danny David: You wrongly identified Lizbeth as a neurosurgeon (one who operates and does surgery on the nervous system). Actually, she’s a neurologist (like Dr. Joven Cuanang), one who diagnoses and treats disorders of the nervous system…From Leah Salterio: I don’t know Lizbeth personally but she has an equally accomplished younger brother, lawyer Dan Albert de Padua, whom I’ve known since he was with GMA 7 in the ’90s until he moved to TV5 where he was vice president. However, he took an early retirement late last year and “is happily retired.” When a friend asked him why he retired so soon, Dan wrote poetically in his Facebook: “My heart can take the pounding. My mind can take the grind. But my body knows it’s time to say goodbye.” (TV5 PR executive and STAR columnist Peachy Guioguio confirmed that Dan has retired from TV5.) Starting today (Feb. 5) until Sunday, Feb. 7, Travel Specialist Ventures is participating at the 23rd Travel Tour Expo 2016. Check it out at the second floor of Function Hall 3, booths 166/167/178/179, at the SMX Convention Center. Offered are up to 70 percent discount on selected destinations both on air tickets and tours. Just a recap on the early 2016 break-ups: Lovi Poe and Rocco Nacino, Jojo Oconer and Ciara Sotto, Luis Manzano and Angel Locsin, John Lloyd Cruz and Angelica Panganiban, and Bea Alonzo and Zanjoe Marudo. Hope no Read More …