Marikina, home of the biggest pair of shoes in the world, would soon boast of another biggest to hit the city when SM Cinema Marikina opens on September 5, 2008. SM Cinema Marikina has eight (8) luxurious comfy theaters, four of which are stadium-seating for moviegoers to enjoy full view and convenience of watching wherever…
The people managing and supporting WazzupManila are well experienced in the ways of international business and finance. It is therefore not surprising for them to stumble upon investors, both international and local, who are on the lookout for new investment opportunities. Within the past couple of weeks, they were contacted by two European companies who…
UPDATE: Phillip Morris backs out of the Eraserheads Concert It seems that some people, multinationals specially, have very little regard for other people. In the head offices of the tobacco giant Phillip Morris, for instance, cigarette advertising has long been banned and the society has long recognized the justness of such prohibition. For sure, the…
This page requires a higher version browser On 1997, the economy was probably in worse shape than it is now. The Asian economy spiraled downwards. Banks that were pushing money under the door suddenly transformed like evil debt collectors. The exchange rate almost doubled and billions or even trillions of dollars worth of investments failed….
The Philippines has a minimal trade relationship with Switzerland. The European state buys only 0.07% of the Philippines' exports and supplies only 0.49% of the country's total imports. Because of this almost insignificant trade relationship and perhaps, to also strengthen other ties between the two countries, the President of Switzerland is scheduled to come on…
These are expert opinions, which in reality are nothing more than speculation. However, it was also speculations that are widely being blamed for the rise of crude oil to its record high level of $147/barrel. According to OPEC President Chakib Khelil, oil prices could go down and remain stable at $78/barrel given the right circumstances….
At the very least, they are not filing any tax return. At the extreme, there is at least 4 billion pesos worth of taxes that is not being collected. A few years ago, a friend who had his business registered with the BIR more than a month after the SEC registration was charged P50,000 in…
Silence Is Not An Option (when talking to Americans) My dog was killed yesterday in a car accident. I heard on the news this morning that the United States will be pulling all of its troops out of Iraq by June 2009. Did you meet my comments with silence? Now let me try that again:…
“Dura lex Sed lex”. The law may be harsh but it is the law. In the Philippines, there exists a law granting a number of benefits to people upon reaching the age of 60. Republic Act 9257, known as the Senior Citizens Act, signed into law on 2004, specifies among others, a 20% discount on…
Now that the dollar has regained some of its value (against the Philippine peso), exporters should be happier compared to what they were a few months ago. The two years of continuous decline experienced by some sectors should have been arrested by now. One way for companies to become more competitive in this time of…