Japan’s Sogo Sosha to invest almost P 200B in PH economy

 News
Mar 072017
 
Japan’s Sogo Sosha to invest almost P 200B in PH economy

Japan’s Sogo Sosha group is investing Php198.5 billion in the Philippines’ railway and transportation, energy, water management, and security sectors. The projects include mass transportation development for Light Rail Transit (LRT) Line 1 South extension, LRT Line 2 East extension, North-South Commuter Railway Project, and possible development of transit systems in Davao, Cebu and Clark. The Japanese investment will also look into Philippine Coast Guard multi-role response vessels and a coal power plant. The Department of Trade and Industry (DTI) discussed the trade partnership with Japan during a meeting between Trade Secretary Ramon Lopez and Sogo Sosha executives at the 35th annual Japan-Philippines Economic Cooperation Committee and Philippines-Japan Economic Cooperation Committee meeting, according to a Philippine Star report. The Sogo Sosha group of Japan’s major trading houses include: Mitsubishi Motors, Toyota Tsusho and Sojitz Corp., Marubeni Corp., Mitsui & Co. Ltd., Sumitomo Corp., and Itochu Corp. “Japanese investor remains confident of business prospects in the Philippines. We urge Japanese investors to take the chance to invest in the Philippines as it experiences its momentous economic takeoff in the region,” Lopez said. DTI also identified other Japanese investments from Tsuneishi Shipbuilding Co. Ltd. and an expansion project of Ichijo Co. Ltd., worth Php25 billion. Tsuneishi is investing in an international ship recycling facility fitted with state of the art green technologies, a 120-hectare ship reuse center in Negros Occidental,and a biomass fuel project in Mindanao. The DTI expects the investments coming into the country until 2018.   The post Japan’s Sogo Sosha Read More …

Tips on growing a second income

 News
Mar 072017
 
Tips on growing a second income

Armando Bartolome If the amount an employee earns from a 9-to- 5 job isn't enough to provide for the family, there are other ways to add to the income by engaging in a small business. According to the National Wages and Productivity Commission of the Department of Labor, an employee working in the National Capital Region receives P491 a day. That amount may not be enough to provide the basic needs of a family with three children. AN EMPLOYEE’S GOAL Not having enough capital to start a business is the primary reason why an employee gets stuck with just a single means of earning.  You may have seen from some offices employees selling products to add to their income. While some companies do not allow this, some employees still find a way to earn through a small business.  Another possible means where one can earn more is by selling products through networking. There are legitimate networking businesses in the Philippines that help many people increase their means of living.  Not really focusing on converting people into millionaires, but there are products that can be easily sold because of the great benefits that they provide the user. Just be sure to engage with legitimate businesses.  Prior to joining a networking business, you may need to pay a fee equivalent to a starter kit that you can eventually sell. Joining fees depend on the networking business you want to be involved with. AN OFW’S OPPORTUNITY Working overseas has some advantages and disadvantages. Read More …

Clean slate for taxpayers with pending Estate Tax Bill

 Economy
Mar 062017
 

According to news reports, the House of Representatives approved on third and final reading two tax bills: House Bill (HB) No. 4814 proposing an estate tax amnesty, and HB 4815 which calls for a single lower estate tax rate. Our congressmen unanimously passed the bills. HB 4814 garnered a vote of 216-0-0, while HB 4815 received a vote of 219-0-0.

How to find a good Social Media Manager

 News
Mar 062017
 

You may already be convinced that your business needs a social media manager but how and where do you find a good social media manager. That’s not easy. You can go with a company that manages social media for clients or you can hire individual freelancers. But how and where do you find such people. Read on…

Why should I outsource SEO

 News
Mar 052017
 

Should I invest my time in learning all about SEO and Social Media Management or should I outsource it? What is a better use of my time? Learning SEO or should I invest my time in developing new products, generating more sales, calling on more prospects. Good Q&A

Gender diversity, disruption and disconnect

 Economy
Mar 052017
 

This week, the world celebrates International Women’s Day with an inspiring battlecry aptly condensed in the hashtag: #BeBoldforChange. As a campaign theme, being bold for change encourages people of any gender to be proactive in pushing for gender parity because while awareness of gender equality issues is important, taking concrete action has become much more necessary in today’s disruption-driven world.

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