Mitsubishi unveils all-new 2017 Mirage G4: A spirited sedan with style, value, agility and connectivity

 Entertainment
May 232016
 
Mitsubishi unveils all-new 2017 Mirage G4: A spirited sedan with style, value, agility and connectivity

2017 Mirage G4 SE Mitsubishi Motors North America, Inc. (MMNA) has unveiled the all-new 2017 Mitsubishi Mirage G4. A sibling to the well-established and popular Mirage hatchback, the all-new Mirage G4 brings consumers a fresh dose of clean style, environmental consciousness, agility, connectivity, affordability and value. The Mirage G4 goes on sale this spring at Mitsubishi showrooms across the country. “A few years ago we entered the subcompact segment with the Mirage hatchback and its popularity with consumers has grown every year with its combination of top fuel economy, attractive pricing and one of the industry’s best new car warranties. The new Mirage G4 repeats that value equation in a four-door sedan package,” said MMNA executive vice president, Don Swearingen. “The Mirage hatchback and now the Mirage G4 sedan will form a formidable one-two punch in the subcompact segment.” The Mirage G4 will utilize the same powertrain of the 2017 hatchback, a revised 1.2-liter three-cylinder engine. The small displacement engine provides a harmonious blend of lively acceleration and efficiency. The Mirage G4 will be at the top of its class in combined fuel efficiency and C02 emissions. Inside, the Mirage G4’s long wheelbase provides for a spacious interior cabin and trunk. Adding an element of surprise and delight to the subcompact segment, the Mirage G4 will come equipped with available smartphone integrations, features typically reserved for higher priced vehicles. Support for Apple CarPlay™, the smarter, safer way to use your iPhone in the car, lets drivers make calls, get directions Read More …

Determining market value in tax free exchanges

 Economy
May 232016
 

When I started practicing in tax law, the rules in determining fair market value of shares of stocks were quite simple. We were instructed to rely on the book value of the shares of stock based on the latest audited financial statement of the company which issued the shares. There were certain adjustments, of course, but generally, the book value is quite reliable.

The quest for effective disclosure continues

 Economy
May 222016
 

In 2014, we wrote an article in this column on the efforts and initiatives of the International Accounting Standards Board, the Financial Accounting Standards Board (FASB), and the United States Securities and Exchange Commission (US SEC) on how to improve disclosures in financial statements. In September 2015, the US SEC released a formal request to various parties to obtain comments on how it can improve disclosure effectiveness. Meanwhile, the FASB proposed guidance in applying materiality to disclosures as part of its disclosure framework project which aims to improve notes in financial reporting.

Pinay developer of dating service cited in Forbes list

 News
May 222016
 
Pinay developer of dating service cited in Forbes list

Valenice Balace, Founder and CEO of Peekawoo Philippine-based dating service, is listed in Forbes Asia 30 Under 30 promising entrepreneurs in the field of consumer tech. Valenice Balace [via Forbes] The 27-year old Balace founded Peekawoo in 2013, received funding from Kickstart Ventures, and within a year gained 25,000 users. The De La Salle College of Saint Benilde graduate in computer applications has developed two patents. Balace is listed along with 29 other young gamechangers from Asia in the field of Consumer Tech for “turning smartphones into life’s remote control.” The Forbes Asia list features exceptional under 30 year-olds from the fields of technology, industry, business, arts, culture, media, entertainment and sports, and healthcare science.   Related posts: Leviste leads Forbes Asia list of energy leaders Crowdfunding founder is Forbes venture capital gamechanger Charice in Forbes Asia’s influential entertainers list Fil-Am ‘tech guru’ on Forbes list of under 30 achievers

Pinoys develop better, cheaper knee surgical technique

 News
May 222016
 
Pinoys develop better, cheaper knee surgical technique

A locally developed knee surgical technique called the Axis Knee Replacement System is helping people with knee arthritis and similar ailments afford the otherwise expensive operation. Dr. Ilustre I. Guloy, Jr., chairman of Asian Hospital and Medical Center’s Department of Orthopedic Surgery and member of the team which developed the Axis Knee Replacement System. [by Gerardo Palad, S&T Media Service, DOST-STII via DOST] The development of the surgical technique was funded by the Department of Science and Technology-Philippine Council on Health Research and Development (DOST-PCHRD), and developed by a team of Filipino, American, Japanese, and Chinese specialists spearheaded by internationally renowned surgeon Dr. Ramon B. Gustilo from Negros Occidental. According to Dr. Gustilo the Axis Knee Replacement System is made of materials similar to other knee systems available in other countries, but with unique features that provide better surgical outcome. The system consists of three trays of instruments – more than 50 instruments all in all – in contrast to imported knee systems which consist of six to nine trays of instruments. Among these instruments is the Mechanical Axis Finder, a portable, cost-efficient, and reusable device which locates this imaginary line called the mechanical axis. In many hospitals around the world, a computerized navigation technology is used to locate the mechanical axis. Only a few hospitals in the Philippines have this equipment. Computerized navigation systems also cost more than P20M and add at least P20,000 to the total cost of surgery. Dr. Ramon Gustilo, chairman of OII who spearheaded the Read More …

APO-GLA joins this year’s edition of fashion for a cause

 Entertainment
May 192016
 
APO-GLA joins this year’s edition of fashion for a cause

Alpha Phi Omega Greater Los Angeles Alumni Association (APO-GLA) has joined the Miss Philippines-USA Organization and Assumption College Alumni Association in holding this year’s edition of “FASHION for a CAUSE”, now on its 6th year. APO-GLA is celebrating its 35th founding anniversary of fostering Leadership, Friendship and Service to the community at large. For this year’s edition of Fashion for a Cause, APO-GLA is raising funds for its project “Books For Tots”, where an elementary school in one of the remote or depressed area in the Philippines will receive funds to purchase school supplies and textbooks for the students, who may not be able to afford to purchase them. Most of the time, students from these schools are forced to share reading materials and other school paraphernalia because of poverty. APO-GLA hopes to provide funding for these children’s educational needs, whose only dream is to go to school to better their lives and those of their families… and APO-GLA is proud to be a part of this noble endeavor. Fashion For A Cause will be held May 22 (Sunday), 12 noon at the Dream Wedding Banquet Hall at 3255 Wilshire Blvd, Los Angeles CA 90010. Tickets are priced at $50.00. Please call Precy Marte at (626) 484-0807or Eric Serrano at (818) 434-3313. 

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