This news is a month old and I only have a chance to read it on Entrepreneur Philippines website. Jollibee will acquire 70% of Mang Inasal with the amount of Php 3 Billion which was unconditionally and irrevocably accepted by Injap Investment Inc . Mang insal was a sure hit with 303 stores nation wide to which 273 are franchised and 23 are company owned. The estimated annual earning of Php 2.6 billion and sales up to Php 3.8 billion, I was a little bit curious why would the owner sell part of his company? is this business strategy or the offer was too irresistible because the buyer was the biggest fast food chain in the Philippines? Maybe this saying is applicable “if you can’t beat them, join them”.
Do you remember Red Ribbon bakeshop which was also acquired by Jollibee? have you noticed that the cakes and baked goodies you enjoyed in the past have changed with regards to taste, size and ingredients? one of my favorite cakes in Red Ribbon bakeshop is the ube cake. I really love their ube cake before because of the taste, the rich ube coating and the size was bigger then. Maybe that was only business strategy for the business to survive because if you will not implement cost cutting, you can’t sell a very expensive cake to the masses. I think there was a good effect after all because more people can afford to buy Red Ribbon cakes.
I was first skeptic if selling replica mobile phones will going to be a success or not. Probably yes or probably no but one thing is for sure, I tried. Many people who wanted to start a business have many doubts and fears in their mind before they start a business. I’m not exempted to this situation and the mere fact that there are hundreds of sellers of China made mobile phones in the malls and in the internet I was afraid that the competition will just leave me behind.
There are many factors that I have to consider first. One thing is that those replica cellphones is not as good with regards to the quality and since they are clones, some features like for example Itunes applications and games cannot be used on a China made replica iphones although there are games in java format that can be used on them. And how about Nokia E71? it runs on Simbian OS (operating system) that applications like Skype can be installed unlike clones. But on the other hand a china made clone of Nokia E71 have other features that the original ones don’t have. Do the genuine E71 have dual sim? hand shaking function? and can they watch TV on it? so come to think of it, it’s not that bad after all. Comparing it to the original price, it’s only 1/4 to 1/3 of the price and since those gadgets gets out modeled year after year, buying an expensive cellphone would not be practical if you are the type of person that don’t want to be left behind on new models of cellphone but can’t afford that lifestyle.
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I think this is a valuable resource to those who are interested to undergo a training or those who were searching for what livelihood training are available offered by the government. The compiled training programs called 2010 HRD and Entrepreneurship Training Programs for MSMEs is a down loadable PDF file which you can open by Acrobat reader and this is made possible and compiled by the PHILIPPINE TRADE TRAINING CENTER/DTI under the direction of the TWG on Training Inter-Agency Coordinating Committee (IACC).
The compendium of 2010 HRD and Entrepreneurship Training Programs for MSMEs is a list of training programs offered by government training institutions in support of the National SME Development Agenda, a priority program of H.E. President Gloria Macapagal Arroyo. The Department of Trade and Industry is the lead government agency tasked to implement the SME Development Agenda and provide MSMEs with seamless access to government agencies. HRD and Entrepreneurship Training is one of five core elements of the Agenda that also includes financing, marketing, product development and technological intervention, and advocacy for an enabling environment.
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This is a very rare occasion where two holidays fall in one day. But it’s only the Chinese New Year that don’t have a fixed date because of the use of the Chinese (lunar) calendar to determine the Chinese New Year which is always between January 20 to February 20 of the Gregorian calendar each year. But for determining the Chinese zodiac signs of an individual, the start of the New Year always fall on the 4th day of February (Start of Spring – the first day of the Tiger month).
So for example you are born on February 12 on the year of the metal tiger, your zodiac sign is not Water Ox but Metal Tiger which is contrary to the popular belief of using the Chinese New Year to find the zodiac sign.
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Do you know what a Gravatar is? No it’s not a mispronunciation of the movie Avatar but it’s the picture appearing on the blog comments by the commenter. GRAVATAR means Globally Recognized Avatar. So you don’t have to register on the blog itself you wish to make your comments in order for you to have an avatar. All blogs that can accept Gravatar will automatically have your own avatar seen on the comments. And also, if you wish to replace your avatar, you only need to do it once and the change will be global. Depending on the blog owner, if don’t have your own Gravatar, the default picture that will appear are sometimes funny cliparts or a silhouette like the one below:
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The destruction brought about the typhoon Ondoy kept me thinking……can it be prevented if the canals and rivers were not clogged by garbages? maybe it will not be as worst like what happened last week when houses where flooded up to the second floor. I agree with those people knowlegeable on climate change that this is really an effect were typhoons will be frequent and more destructive. I remember when I’m watching Richard Gutierrez documentary ( SIGNOS ) on climate change although I was frightened that it will happen soon, I never taught that it will happen sooner like what we experienced when Typhoon Ondoy hit our country.
The experts say that this is just the start of the effect of climate change. And I don’t think we can do much about it because we live in a period where we are experiencing natures wrath to those people who have destroyed the environment. Maybe we are one of those who contributed even if we are unaware like using plastic bags and throwing it on the rivers or esteros. The worst is those who live near the esteros who dumped garbages and trash that caused the clogging. Not only that, where are the old esteros where the Spanish constructed? are they now subdivisions and sport complex? Below are the pictures of the old esteros in Manila and I think there is a good purpose why they are there and not for aesthetic reasons only like what our modern society only cares about. Yes there are still many rivers in metro manila but unlike the old times where it is not a garbage dump and many living organism thrive.
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It is obvious that our country don’t have an anti trust law. So why create an anti-trust law in the first place? according to the news I’ve read in Philippine Star:
Senate President Juan Ponce Enrile pushed yesterday for the immediate passage of the proposed anti-trust law that aims to discipline the country’s market system by penalizing unfair trade and anti-competitive practices and thereby protect consumers from abuse.
In his sponsorship speech, Enrile said Senate Bill No. 3197 also known as “The Competition Act of 2009” would define and prohibit business cartels, monopolies, monopoly power or abuse of market power through price fixing and price discrimination, bid rigging, limitation and control of markets, agreement to limit and or control markets, and tie-in arrangements.
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