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Family constitution, the Aboitiz way

PROF. ENRIQUE SORIANO The Aboitiz family business is on my list as one of Asia’s most inspiring and enduring governance stories. Forbes recently ranked it as the 320th best employer in the world, a feat shared by a handful of Southeast Asia-based family enterprises. The business started in Ormoc, Leyte …

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90 days to process claims for VAT refunds

ATTY. PEACHES MARTINEZ-ARANAS THE secretary of Finance has issued Revenue Regulations 26-2018, which amends certain portions of RR 13-2018, or the “2018 Value-added Tax (VAT) Regulations.” RR 13-2018 implements the VAT and percentage tax provisions of Republic Act 10963, or the Tax Reform for Acceleration and Inclusion (Train) Act. Like …

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What Filipino talents will be looking for in 2019

COMPANIES that will be recruiting employees in 2019 will find a growing pool of Filipino millennials seeking for more work-life integration. This young workforce will also be interested in exploring opportunities in Asian multinational companies and not limit their choices to American and European giants. Ultimately, though, instead of climbing …

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Techpreneur makes owning a car more convenient

Beepbeep.ph chief Anton Ojeda AS automobile owners already know, owning a vehicle does not end with driving it out of the dealership. There is the need to maintain and repair them, and these demand not only a lot of cash and effort, but more important, time. Enter Anton Ojeda’s beepbeep.ph …

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Techpreneur makes owning a car more covenient

Beepbeep.ph chief Anton Ojeda AS automobile owners already know, owning a vehicle does not end with driving it out of the dealership. There is the need to maintain and repair them, and these demand not only a lot of cash and effort, but more important, time. Enter Anton Ojeda’s beepbeep.ph …

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How about car-free days?

ROBERT SIY With Metro Manila rush hour traffic often slowing to less than 5 kilometers per hour and with 2- to 3-hour commutes becoming the new normal, many commuters must be imagining what it would be like if streets were free of cars. People could walk, play and bike safely. …

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PCC hits DA chief over price hike call

Competition regulators on Friday scored the Agriculture department for proposing collective poultry price hikes, saying this would violate the law. “While the Philippine Competition Commission (PCC) recognizes the Department of Agriculture’s timely efforts to proactively assist poultry raisers, an agreement among competitors to collectively raise prices is considered anti-competitive and …

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Net FDI inflows drop to 15-mth low

Net foreign direct investments (FDI) dropped to their lowest level in 15 months in October, data from the Bangko Sentral ng Pilipinas (BSP) showed on Friday. At $491 million, the net inflow was 74.2 percent lower compared to a year earlier and was also the smallest since the P344 million …

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Chinese companies keen to take over Hanjin

The government will help Korean-owned shipbuilder Hanjin Heavy Industries and Construction Co. Philippines seek fresh funding, a Cabinet official said, with two Chinese companies said to be interested in taking over the insolvent firm. “With or without Hanjin , we are continously looking for new investors,” Trade Secretary Ramon Lopez …

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Banking sector to weather Hanjin default – Guinigundo

Stock market, bank shares drop on news of Subic shipbuilder’s bankruptcy The Philippine financial system is strong enough to weather the bankruptcy of a Korean-owned shipbuilder, a senior Bangko Sentral ng Pilipinas (BSP) official said on Friday as bank shares and the stock market plunged on news of a looming …

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