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Christmas is just around the corner and entrepreneurs know that this is the best time to sell products. For many years, bazaars have been the popular venue to do product testing. Budding business owners would join one to see how the market responds to whatever it is that they have to offer. It’s smart and very practical. All they have to do is devote a couple of days versus renting a mall space that would require security deposits and a long-term commitment. There are success stories wherein brands that began as stalls in bazaars became established businesses that many of us know today. These are Mary Grace Café, Snoe Beauty and S&H Fashion to name a few. Not even the rising popularity of e-commerce seems to be affecting the attraction of shoppers to bazaars especially during Christmas. If you want to take advantage of the season, Entrepreneur Philippines compiled the bazaar fees around the metro for your guidance. Photo via Entrepreneur Philippines There are 3 things that greatly affect bazaar rates. The first is location. Renting a space in strategic, sought after venues such as the SMX Convention Center would obviously be more expensive than renting a space in less popular areas. That is one of the reasons why joining the Trendsetter’s Bazaar could cost up to Php 2,041.70 per square meter. The date of the bazaar can also affect the fees. The general rule is the closer the date is to Christmas day, the more expensive it gets because Read More …
Fitch Ratings raised the Philippines’ sovereign rating by one level, from BBB- to BBB, with a stable outlook, amid favorable economic conditions and planned tax reform. The upgrade of the Philippines’ sovereign rating is important as it would bring down the costs of overseas borrowing for Filipino companies. Also, it will bring down the cost of capital for the system and eventually reflect in terms of lower credit cost. Any international credit rating agency upgrading the sovereign rating clearly shows the faith they have on the country’s economic policies.”This will also have an indirect positive effect on corporates when they borrow abroad. It will have a positive impact on corporate borrowing. Fitch noted that “strong and consistent macroeconomic performance has continued, underpinned by sound policies that are supporting high and sustainable growth rates.” “Investor sentiment has also remained strong, which is evident from solid domestic demand and inflows of foreign direct investment,” it added. According to Fitch, investor confidence has not been impacted by the country’s anti-drug war. Fitch sees real gross domestic product (GDP) growth of 6.8% in 2018 and 2019, which it noted would maintain the Philippines’ place among the fastest-growing economies in the Asia-Pacific region. Fitch took the Philippines’ proposed tax reform program into account and expects the country’s fiscal profile to improve as a result of it. Both the Senate and the House of Representatives have passed their versions of the first tax reform package and are now holding bicameral talks. The tax reform package could Read More …
Three of the most beautiful women in the universe recently visited Panglao, Bohol to promote Philippine Tourism. Miss Universe Malaysia Samantha James and Miss Universe Russia Kseniya Alexandrova, together with our very own Miss Universe Philippines Rachel Peters posted photos of their visit last Friday: all smiles and undoubtedly having a great time. Tourism Philippines mentioned that Peters played the role of host as she showed off the beauty of one of the best beaches in the country. The lovely ladies were obviously impressed with Ms. Malaysia saying that she wants to come back and Ms. Russia calling the island a “fabulous paradise”. Let’s take a look at some of their snaps with Bohol’s white sand beach in the background. Photo via Tourism Philippines Instagram Photo via Tourism Philippines Instagram
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A complete Christmas experience in the Philippines is not complete without attending the “Simbang Gabi” or Misa de Gallo – night or dawn masses – at the neighborhood church or a local church where one grew up, enjoying the chilly air, and sampling delicacies such as the puto bumbong and bibingka. The Simbang Gabi, a series of masses which run for 9 days, is held between December 16 to 24 as preparation for the grand celebration of St. Mary’s birth to Jesus Christ on December 25. The traditional masses are a carryover from three centuries of Spanish colonization. Read Related Story: Simbang Gabi opens the Philippine holiday season Amidst the holiday rush to decorate homes, buy presents, partying, and vacations GoodNewsPilipinas presents these churches that bring the ultimate good news of salvation. YOU CAN VISIT THESE PHILIPPINE CHURCHES FOR SIMBANG GABI: 1. St. Mary Magdalene Parish Church (Kawit, Cavite) St. Mary Magdalene Parish Church in historical Kawit, Cavite is one of the oldest standing centuries-old churches in the Philippines with a unique Christmastime tradition every December 24th – the MAYTINIS. The Maytinis is a parade of floats bearing local personalities and sometimes national celebrities garbed in biblical-times-attire, depicting characters from the bible and their role in the story of salvation and Jesus Christ. The Panunuluyan leads the Maytinis parade. The event has drawn both tourists and returning locals to the annual parish town event. The diocesan church ushered the Advent Season on December 2 with the opening of the lights Read More …
A student from the Philippine Science Eastern Visayas Campus won the Breakthrough Junior Challenge – considered the Oscars of Science – bringing home millions worth of educational prizes for herself and her school. Hillary Diane Andales was awarded in early December at the NASA Ames with $400,000 in educational prizes, a scholarship worth up to $250,000, another $50,000 for the science teacher who inspired her, and a state-of-the-art science lab for her school valued at $100,000 designed by and in partnership with Cold Spring Harbor Laboratory. The 18-year-old senior high school student submitted her winning video to the Breakthrough Junior Challenge physics category, focused on reference frames in general relativity. Andales in a Facebook post said she spent about a year making the 3-minute video about Relativity and Reference Frames. The Leyte resident posted about her love for science and how she intends to dream bigger after winning the Breakthrough Junior Challenge. “Now that I have been given this platform to speak to many more people, I want to encourage other young people to be ambitious and dream big. The world needs more dreamers! Other than that, I want to tell everyone (and I mean everyone) that science is interesting and worthwhile. I want (no, need) everyone to appreciate it! Science is beyond the equations and the intimidating terms; science is the way we understand the Universe. Everything around you can be explained by science: how plants make food, how the Sun keeps burning, how your eyes are reading this, Read More …
You reap what you sow, thus it is only fitting that a seed company, Allied Botanical Corporation (ABC), would ascribe to this truism through its decades-long operation. With millions of seed packets sold to farmers each year, the company is among the leading breeders, producers and distributors of seeds in the Philippines. Established in 1984, ABC started with the production and distribution of sorghum seeds before expanding to high-value vegetable seeds that were bought by farmers in Baguio City and Benguet. From the so-called chop suey vegetables that make up the popular dish, ABC’s products grew to include seeds of other vegetables, flowers and various plant varieties. While it caters to the wider seed market — including specialty farmers and professional growers – ABC President Michael Caballes said that their primary market has remained the same: the small farmer struggling to make ends meet. Allied Botanical Corporation makes sure the produce gets to the market. ABC IS PROUDLY THE ONLY 100% FILIPINO SEED COMPANY WITH ITS OWN RESEARCH AND BREEDING FACILITY He explained how ABC goes beyond just selling the seeds the farmers sow, pointing out the inclusive features of the business. “We cannot just sell. We have to make sure the farmers get the best seeds for their production as soon as possible. Otherwise we’re not going to last in this business,” Caballes said. Mike Melendres, owner of Melendres Farms in Antipolo City, demonstrated how ABC takes care of the farmers through partnerships and initiatives. Starting in a small Read More …