Armando Bartolome Almost all kids have entrepreneurial skills. They all have the same goals– to have more “baon” when they go to school. When I was in Grade 3, I also wanted to have more baon. But instead of forcing my parents to give me more money, I thought of ways to raise money myself. Instead of taking the cab, I would walk to the nearest bus stop and take the bus home. It saved me a great deal. From what I saved, I bought a bag of candies and sold it to my classmates. The teachers in school also became my loyal customers. I sold them “walis tambo” which my grandfather made. I also helped my grandfather sell flowers at Plaza Miranda during All Souls Day. My parents also nurtured my entrepreneurial streak by asking me to help them sell “nilagang saba” after school. Through these little businesses, I was able to build up my savings. My young mind naturally developed the discipline required to be an entrepreneur– no one forced it on me. Our parents raised us in different ways, and what we learned from our parents we tend to impart to our own children. Parents, by nature, want to shelter their children and provide them everything they want. But when we expose our children to life’s realities at an early age, they can become more independent and responsible when they grow up. Teach them the value of earning It is better to let your children realize that Read More …
THE ECONOMY is expected to post at least a 7% expansion this year, as it sustains the momentum of strong investment-led growth, backed by foreign inflows and jacked-up infrastructure spending, analysts at First Metro Investment Corp. (FMIC) said yesterday.
THE GOVERNMENT yesterday launched the framework that will kickstart the implementation of the country’s PUV (public utility vehicle) modernization program meant to improve the quality of the mass transport sector.
When our loved ones pass away, we do not concern ourselves immediately with the transfer of properties they left behind. We tend to forget the obligation to settle the so-called “estate tax” with the Bureau of Internal Revenue (BIR) until we intend to sell or transfer these properties. As a result, we will have incurred penalties such as surcharges, interest and compromise penalties. The lack of interest in the estate tax is mirrored in its very low revenue performance.
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UNSOLICITED Proposals for various airport projects will have to take a back seat as the government prioritizes development of the Sangley and Clark airports to immediately decongest the country’s main gateway.
SPEAKER Pantaleon D. Alvarez wants to prohibit the conversion of agricultural, irrigated, and irrigable lands for non-agricultural purposes to ensure “food security.”
In the last few years, the global banking industry has been dominated by significant uncertainty, and the year ahead is no different given the implications of Brexit, a new US administration in the USA, and the delays in the finalization of Basel IV regulations. Despite these factors, banks need to find ways to improve financial performance, either by growing or optimizing their business. This was the focus of the 2017 EY Global Banking Outlook survey, “Uncertainty is no excuse for inaction.” Based on the responses of senior executives from almost 300 banks worldwide, many are seeking ways to improve profitability, despite tighter budgets, continuing risks and different regulation agendas in the market. This article focuses on the survey results and implications significant to the Asian region.
Filipino-Dutch cinematographer Martha Atienza has received the 19th Baloise Art Prize at the Art Basel 2017 in Switzerland. Martha Atienza [via CNN Philippines] Atienza’s winning video installation, “Our Islands 11°16’58.4”N 123°45’07.0”E, 2017”, is a single channel HD video (00:01:12:00 min, loop) with no sound that shows a traditional Philippine procession done underwater. The prize of CHF 30,000 is presented at the Statements sector of Art Basel by a jury of international experts. The prize includes the acquisition by Baloise of a group of works by the Atienza, which are donated to two important museums in Europe: the Nationalgalerie – Staatliche Museen zu Berlin and the MUDAM, Luxembourg. The Art Basel show gallery captions Atienza’s work as a six- screen life-sized projection of an underwater procession moving from one wall to the next that shows men wearing costumes depicting religious and iconic images in the Philippines such as the Santo Niňo, Ati-Atihan, Yolanda survivors, and even Manny Pacquiao’s boxing gloves. “We watch the procession passing by as if in an aquarium: Christ carrying the cross, men in women’s clothes and demonstrators carrying tableaux with political slogans, threatened from behind by menacing, armed henchman. Through her cast of characters and choice of setting, Atienza presents a both critical and humorous take not only on the state of society in the Philippines but also on the threat of climate change to which the country is increasingly exposed through the warming of the world’s oceans,” according to the 2017 Baloise Prize. Atienza’s works are Read More …