Archive for May, 2010

BIR runs after Japanese company for tax evasion

Posted on May 31st, 2010 by Roy

Another company is the subject of the charges filed by the Bureau of Internal Revenue for tax evasion. This time, the BIR filed a criminal case against Nanox Philippines, Inc., a Japanese company that manufactures liquid crystal display (LCD) screens, for its failure to pay its taxes worth over P200 million.
BIR Deputy Commissioner for Legal [...]

Buying aged corporations

Posted on May 31st, 2010 by Roy

To be honest, it is the first time for me to hear that you can buy Aged Corporations which is an alternative from starting a corporation from scratch. But I have to admit that it does make sense. You know, getting a name that has been established and is already trusted, instead of building a [...]

Digitel pegged 2010 capex at $350 million

Posted on May 31st, 2010 by Roy

Gokongwei-led Digital Telecommunications Philippines Inc. (Digitel) plans to increase its budget for capital expenditure (Capex) for 2010 from $250 million to $350 million this year. This is in line with the company’s effort to aggressively expand its network to match rivals Philippine Long Distance Telephone Co. (PLDT) and Globe Telecoms Inc.
James Go, Digitel president and [...]

Consumer education program initiated by DTI

Posted on May 30th, 2010 by Roy

To help educate the consumers, a program called Integrated Consumer Education Program will be launched by the Department of Trade and Industry on May 31. The program aims to increase public awareness on the need to be properly informed of their rights and for them to be involved as consumers.
The Integrated Consumer Education is a [...]

Aquino plans not to live in Malacañang

Posted on May 30th, 2010 by Roy

Senator Benigno “Noynoy” Aquino III is insistent about staying in his Time Street residence and not reside in Malacañang palace, once he is finally proclaimed as the country’s next president. This in spite of his neighbors’ and close-in security’s fears of added security risks, and of course, the additional traffic and noise that his continued [...]

Enrile confident that a new president will be proclaimed by June 15

Posted on May 29th, 2010 by Roy

A new president and vice president will be proclaimed by June 15. This is the promise of Senate President Juan Ponce Enrile despite the questions constantly being raised by some their colleagues. The Joint Canvassing Committee of Congress (JCCC) was said to be working double time to answer the questions raised by lawmakers on alleged [...]

Natural-dye technology developed by DOST

Posted on May 29th, 2010 by Roy

A new technology that will produce natural and eco-friendly dyes was developed by the Philippine Textile Research and Institute (PTR1) of the Department of Science and Technology (DOST).
The use of natural dyes was nearly forgotten when synthetic dyes were introduced in the market. Fortunately, many people are now becoming more and more conscious, and concern, [...]

Seaweed-durian cupcake, a healthy ‘baon’ for school

Posted on May 28th, 2010 by Roy

A healthier cupcake makes for a great alternative ‘baon’ is the product of the research project by a group of people from the Southern Philippines Agribusiness and Marine and Aquatic School of Technology (SPAMAST) in Digos City, Davao del Norte.
The cupcake made from seaweed and durian, which is just in time for the school opening, [...]

Cebu Air’s planned IPO deferred anew

Posted on May 26th, 2010 by Roy

The Gokongwei-led Cebu Air Inc. recently announced its plan to hold an initial public offering (IPO) this year. However, as of date, the airline company is still undecided whether it will push through or not. Chances are it will be deferred.
JG Summit president Lance Gokongwei said that the IPO might need to wait further until [...]

Energizer plans to put up its own BPO facility

Posted on May 26th, 2010 by Roy

One of the leading manufacturer of batteries in the Philippines is considering of putting up its own business process outsourcing facility in the Philippines. The Energizer Philippines Inc., maker of the Eveready and Energizer batteries, plans to put up a call center facilities because according to company president and managing direct Esteban Vorbeck, support for [...]

Higher US visa application fees starting June 4

Posted on May 26th, 2010 by Roy

An additional $9 will be imposed on non-immigrant visa application fees by the United States Embassy starting on June 4. The US Embassy cited the “increasing cost of providing highest-quality service” as the cause for the said increase.
This means visa application fees starting next month would be $140, from a previous $130, for tourist and [...]

Phone service for those without cellphone

Posted on May 25th, 2010 by Roy

Smart Communications launched recently a new service which was aimed to provide mobile communications to Filipinos who still do not have cellular phone. The new service called the Talk ‘N Text Barangay Phone, is being offered through a wireless telephone set powered by a Talk ‘N Text SIM card. It allows users to call any [...]

About cars

Posted on May 25th, 2010 by Roy

While still working in a local car distributor in the province, one of the car brand we carried was Nissan, and I found out that the most popular and saleable  Nissan model then was the Sentra. We also carried other brands like Mitsubishi, Isuzu, Toyota and more, but when it comes to sales of cars, [...]

Manulife projects 40% growth of its Philippine business

Posted on May 25th, 2010 by Roy

Manulife is expecting its business in the Philippines to grow in 2010 by 30 to 40 percent. The Canadian insurer is basing its projection in terms of premiums and beat industry’s growth forecast.
The said projection was feasible, according to president and chief executive officer of Manulife Philippines Indren Naidoo, saying that they are stepping up [...]

Lower remittance fees starting 3rd quarter

Posted on May 24th, 2010 by Roy

A lower fees in their remittances will be enjoyed by overseas Filipino workers (OFWs) and their beneficiaries starting on the third quarter of the year. According to the Bangko Sentral ng Pilipinas (BSP), this will materialize once the the Philippine Payments and Settlements System (Philpass) Remit System becomes fully operational.
Remittances sent through the Philpass Remit [...]

Classic menu for Office 2007

Posted on May 24th, 2010 by Roy

In spite of number of people who have already switched to the new MS Office 2007, there are still some users who prefers and is looking for the familiar features and control they were accustomed to in MS Office 2003. That is why addintools.com brings you the Microsoft Office Professional Plus 2007 – bring back [...]

Chinese business group to visit the country

Posted on May 24th, 2010 by Roy

The Department of Trade and Industry (DTI) said Chinese businessmen will be arriving in the country later this month to explore trade and investment opportunities here. They will looking into different industries like mining, food and biofuels, according to DTI secretary Jesli Lapus.
The group of Chinese businessmen will stay in Manila and Cebu from May [...]

VAT on toll fees to be implemented by June 1

Posted on May 23rd, 2010 by Roy

Starting on the 1st of June, the Bureau of Internal Revenue (BIR) will be pushing through with the implementation of value-added tax (VAT) on toll fees, in spite of the opposition of various sectors. This could mean higher toll rates once the VAT is imposed.
BIR Commissioner Joel Tan-Torres, who is adamant on the imposition of [...]

On getting loans for capital

Posted on May 23rd, 2010 by Roy

Many believe that the best way to get out of the rat race is to be an entrepreneur. And they are right. However, usually the problem of mos aspiring entrepreneur is where to get capital. Personal Loans are usually that way that most entrepreneurs start, that is after exhausting their savings, and they still need [...]

Website security testing

Posted on May 23rd, 2010 by Roy

Website Security Testing and the Importance of a Daily Website Security Audit
Living in a bad neighborhood, it’s important to know where you can safely get a nice meal and a drink, as well as the back alley places you should avoid because gunshot wounds tend to be unhealthy. Websites are the same way. You don’t [...]