Meralco creates chaos with billing scheme

Credit to Author: Ben Kritz| Date: Mon, 25 May 2020 16:39:47 +0000

OH, Meralco. What did you do? And you were doing so well with the whole “show some consideration for customers in crisis” thing for a while. When the rapid spread of the Wuhan Virus forced the government to impose a lockdown over Metro Manila and Luzon back in March, the Manila Electric Co. (Meralco) was […]

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Improving pharma net revenue with Kaizen strategy

Credit to Author: Rey Elbo| Date: Mon, 25 May 2020 16:37:17 +0000

SOMETIME ago, before the pandemic lockdown, I met Rose (not her real name), a young female medical representative (medrep) from a pharmaceutical company. We were both inside the waiting room of a doctor’s clinic inside a hospital. While waiting, I thought the best way to spend the time is to initiate a friendly conversation with […]

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Bus industry transformation: A bright future ahead

Credit to Author: Robert Siy| Date: Fri, 22 May 2020 17:22:28 +0000

Last of three parts Transitioning to service contracting There may be a need for a transition phase to service contracting, for example, if the government is not ready with the budget or administrative systems to implement it. Even without a service contract, it makes sense for bus operators to work together to achieve more efficient […]

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Five ways to keep working capital healthy for manufacturing firms

Credit to Author: KEMP PO| Date: Fri, 22 May 2020 17:20:05 +0000

Every good business owner knows that working capital is necessary to keep operations running. It is what allows the business to meet its financial obligations, like paying its employees, creditors and suppliers. Companies with insufficient working capital are very likely to have issues with liquidity down the line despite having healthy profits. Manufacturing companies especially […]

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New German forecaster more optimistic

Credit to Author: Peter Lundgreen| Date: Fri, 22 May 2020 17:12:38 +0000

On May 18, the German central bank, Bundesbank, presented a new index that may become the new darling of financial markets. The first signal provided by the WAI (Weekly Activity Index) is encouraging and could be another reason to become acquainted with it amid the coronavirus disease 2019 (Covid-19) pandemic. The WAI includes seven components […]

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Competitive LGUs key to making ‘Balik Probinsya’ work

Credit to Author: Ben Kritz| Date: Wed, 20 May 2020 18:17:19 +0000

The recently announced Balik Probinsya, Bagong Pag-asa — or “Back to the Province, New Hope” in Filipino — program of the government has been met with a great deal of skepticism, and it is understandable why. The idea of decongesting Metro Manila’s overcrowded slums and distributing some economic activity to other parts of the country […]

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Tax and other stimulus initiatives for economic recovery from Covid-19

Credit to Author: Euney Marie Mata-Perez| Date: Wed, 20 May 2020 18:14:31 +0000

The huge impact of the coronavirus disease 2019 (Covid-19) pandemic on the health and mobility of our people, as well as on our businesses and economy as a whole, is beyond what we all thought. The enhanced community quarantine (ECQ) imposed in mid-March has been extended, albeit in a modified form covering Metro Manila, Cebu […]

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Q1 financials: Pilipinas Shell, Keppel, AC Energy, Manila Water

Credit to Author: Emeterio SD. Perez| Date: Tue, 19 May 2020 17:12:58 +0000

Pilipinas Shell Petroleum Corp. (PSPC) reported 1,613,444,202 outstanding common shares with par value of P1 per share. Its liabilities totaled P59.119 billion, down from P59.548 billion in 2019, according to an unaudited financial statement for the first three months of 2020, up P428 million from P59.548 billion total debts in 2019. As of Mar. 31, […]

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Data does not augur well for easing of lockdown

Credit to Author: Ben Kritz| Date: Mon, 20 Apr 2020 16:16:24 +0000

I do not know if the government has stated its policy clearly — coherent communication in the current crisis has not been one of the administrations strengths — but it has become increasingly obvious that the government intends to let the public health situation, rather than economic concerns, be the primary determinant of when and […]

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From Mariwasa to Lucio Co’s Da Vinci

Credit to Author: Emeterio SD. Perez| Date: Thu, 16 Apr 2020 17:00:26 +0000

Manuel A. Gana is the president and chief executive officer of Belle Corp. (BEL). Other top company officials are Armin B. Raquel-Santos, executive vice president (EVP)-integrated resorts; Jackson T. Ongsip, EVP and chief finance officer; Rogelio I. Robang, vice president (VP)-corporate rawland; Michelle T. Hernandez, VP-governance; and Nancy O. Hui, VP-administration, according to the company’s […]

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