New and old chicken

New and old chicken fanatics are invited to join the Haribon Foundation to count number “wader” birds on Saturday, November five, in one in every of Manila Bay’s final final mangrove habitats.

A “wader” is a bird with legs and/or a beak tailored to wading in the water for meals. And the world needs our help in counting those waders touring the Philippines.

Over 1/2 a million migratory birds together with 64 globally-threatened species are actually touring thru the Philippines thru the East Asian Australasian Flyway (EAAF), considered one of most effective 9 flyways within the world wherein migratory birds journey each yr.

Niche markets for Halloween

Niche markets for Halloween-associated items additionally pop up in the course of those instances, with income and discounts occurring almost every week, at the side of business institutions catering to the person populace with themed music and events. To say that the lengthy weekend goes to be very rewarding weekend is by no means a stretch. In the united states, the lengthy weekend is beneficial for shipping businesses as many humans tour to provinces to honor their useless, in conjunction with grave caretakers who tidy up in education for the visitors.

Final thoughts

While the Philippines has simplest recently adapted to the Western version of Halloween, it can marvel you that we’ve continually had our own model of trick-or-treat referred to as Pangangaluluwa that frequently follows the identical subculture, except for kids impersonating the dead household to acquire their treats.

For a vacation based in large part inside the honoring of 1’s lifeless, it has end up pretty energetic all over the world not only for the humans seeking to have amusing, but also for the many corporations that make a contribution to its propagation.

Miggy Castañeda writes about personal finance for MoneyMax.Ph, a financial evaluation internet site aiming to help Filipinos save cash via diligent comparisons of monetary products.

The spirit of commercial enterprise

The spirit of commercial enterprise

As an enterprise these days in America—in keeping with an editorial through Winnie Sun for Forbes—an predicted general of $7 million is spent annually on Halloween, making it the second one biggest business excursion. This traces its origins to the 1950s while candy companies commenced to be aware the uptick in profit. This changed into due to the fact candy become regarded as a less expensive, greater convenient presenting to trick-or-treaters. Candy makers like Hershey’s and Nestle absolutely took note, swiftly launching numerous forms of sweet bars over the course of the subsequent two a long time.

These days, the vacation is a veritable coins cow—in particular because it genuinely isn’t just for children anymore. Adults spend a truthful amount getting into the spirit of Halloween with costumes and parties, ultimate year by myself in line with the National Retail Federation, 70 percentage of 18 to forty year-olds might be out in gown.

The culture of “trick or treating”

The culture of “trick or treating” comes from early All Souls’ Day parades in England – wherein the poorer residents might beg for meals and households would give them “soul pastries” in trade for prayers for their dearly deceased, encouraged by way of the Catholic Church to update the culture of leaving meals and spirits for the souls of their lifeless. This ultimately advanced into kids going door-to-door as a part of the festivities, receiving ale, meals, or cash.

The contemporary model of Halloween as we realize it took root in groups for the duration of the Twenties to Nineteen Fifties, making it an effective and cheaper way for complete cities to take part inside the festivities which turned into geared extra in the direction of youngsters. The costumes come from the superstition that if one goes out in gown, ghosts and spirits wouldn’t abduct them wondering that they had been the identical.

ASK a person on the street

ASK a person on the street and it’s more likely that they’ll tell you that the upcoming long weekend is set getting ready to visit our cherished ones who’ve surpassed directly to the following amazing journey on All Saints’ Day on November 1st, and by using extension All Souls’ Day on November 2d. For a number of younger people, this long weekend is all approximately the tricks and treats of Halloween.

As the weekend nears, many companies have a fairly income way to the need for goodies, costumes, and props for folks who’re making plans to have fun All Hallow’s Eve. The business of Halloween is a full-on industry that’s quite enjoyable.

Where it all began

Where it all began

While a few decry it as a simply western tradition, and its origins are concept to be based in the Celtic pageant of Samhain, it also has some impact on the u . S . A .’s faith. November 1st become decreed to be the day to honor all saints and martyrs by way of Pope Gregory III, incorporating several components of Samhain into it, in particular honoring our dead. The term ‘Halloween’ itself borrows from the authentic Middlle English call for All Saints’ Day: All-Hallowmas, with All-Hallows Eve being the night time before.

Its upward push as a pageant made for groups and events came into being upon the colonization of America, because of the mixing of ideals and customs from European ethnic companies and Native Americans. Parties to celebrate the harvest have become the norm, in conjunction with gatherings in which ghost stories have been advised, and all sorts of mischief perpetrated.

Indirect holdings

Indirect holdings

SingTel’s forty seven.19 percentage possession in Globe translate to oblique ownership of 23.595 percentage in Vega Telecom at the same time as PLDT owns the complete 50 percent.

Yes, the sharing of ownership in Vega Telecom is 50:50, which means that 50 percentage for Globe Telecom and 50 percentage for PLDT. The query is how this 50:50 ratio would be defined when it comes for representation in the Vega’s board. Who will represent Globe Telecom?

In the case of PLDT, no doubt might be asked about board representation. Being Indonesian-owned, PLDT, at the side of NTT, may additionally allocate to them majority holdings in Vega Telecom, relegating Globe Telecom to minority representation on the board of Vega Telecom.

How approximately the general public? Globe Telecom mentioned the public as holders of 29.237 million not unusual stocks, or 22.02 percent. Does this ownership suggest they are entitled to as a minimum a nominee to the board? Not in any respect.

Meanwhile, the general public can handiest await the very last sharing of possession in Vega Telecom between Globe Telecom and PLDT. The trouble is, being a stockholder of Liberty Telecoms, Vega Telecom may not be protected by means of the overall disclosure rule.

Nickel Asia’s will pay and perks

Nickel Asia Corp. (NAC) has thirteen,632,970,117 splendid NAC commonplace shares, with P0.50 par value. Its brief and long-term debits amounted to P2.551 billion, which means a stockholder owes its lenders P0.1849 each. Its retained earnings totaling P15.21 billion divided into P13.624 billion unappropriated and P1.585 billion appropriated as of Mar. 31, 2020 more than made up for its huge money owed.

In a compensation submitting, NAC named its highest-paid government officials as follows: Gerard H. Brimo, chairman of the nine-man board; Martin Antonio G. Zamora, president and leader government officer; Emmanuel L. Samson, leader monetary officer; Jose B. Anievas, chief running officer; and Rolando R. Cruz, vice president for assignment development and research.

In 2018, Nickel Asia paid them salary of P39.539 million and bonus of P33.308 million; in 2019, profits of P50.672 million and bonus of P32.762 million. In 2020, NAC expected their salary at P45.166 million and their bonus at P26.668 million.

In the compensation filing, NAC paid “all different officers and administrators as a collection unnamed” profits of P41.841 million and bonus of P20.970 million in 2018; and revenue of P43.270 million and bonus of P22.524 million in 2019. Up to Dec. 31, 2020, the organization projected them to acquire revenue of P49.567 million and bonus of P16.672 million.

As Nickel Asia stated inside the footnotes concerning ESOP, which stands for government inventory option plan, it made this distinct to executives. Due Diligencer is quoting verbatim these footnotes: “On Apr. Five, 2018, the New Plan was permitted through the figure organization’s BOD (board of administrators) and became ratified by the stockholders on May 28, 2018. As at Mar. 31, 2020, the New Plan is yet to be accredited through the SEC (Securities and Exchange Commission). The fundamental terms and situations of the New Plan are as follows:

“1. The New Plan covers up to 155.Zero million stocks allotted to the determine enterprise’s eligible contributors.

“2. The eligible individuals are the directors and officials of the figure business enterprise and its subsidiaries, mainly people with positions of assistant vice president and better, such as the resident mine managers of the subsidiaries.

“3. The workout rate is P4.38, which is equal to P2.43 after the effect of stock dividends.

“4. The New Plan turned into granted on June 15, 2018. 5. The time period of the New Plan will be 5 years and the shares will vest to the player yearly at a price of 25 percentage after the first 12 months of the New Plan.

“6. The participant can exercise the vested alternatives by means of giving observe inside the term of the New Plan, and might prefer to both purchase the shares at the exercising charge or request the parent organisation to advance the purchase rate and to promote the shares wherein case the player will receive the income proceeds much less the exercising fee.”

A public possession file (POR) as of Mar. 31, 2020 listed three predominant stockholders as holders of eight,974,087,114 NAC commonplace stocks, or sixty five.826 percent of thirteen,632,970,117 excellent not unusual stocks. The principal proprietors were Sumitomo Metal Mining Philippine Holdings Corp., three,614,397,887 not unusual stocks, or 26.512 percent; Manta Resources Corp., 3,529,392,736 commonplace stocks, or 25.889 percentage; and Ni Capital Corp., 1,830,296,491 not unusual stocks, or 13.426 percentage reviews.

Sumitomo Metal Mining Co. Ltd. Is also one in every of NAC’s important stockholders, consistent with the POR, which it held via Sumitomo Metal Mining Philippine Holdings.

Nickel Asia attributed to its public stockholders their ownership of four,576,696,986 NAC common shares, or 33.571 percentage of excellent. The POR also named the corporation’s nine administrators as direct and oblique holders of 32,469,866 common shares, or 0.238 percent. Their respective ownerships are as follows: Brimo, 28,360,009 commonplace shares, or 0.208 percentage; Philip T. Ang, 3,174,767 not unusual stocks, or 0.023 percent; Zamora, 16,211 common shares; Toru Higo and Masahiro Kamiya, 2,023 common shares each; Luis Juan L. Virata, one commonplace share; Maria Patricia Z. Riingen, 911,800 commonplace shares; and Frederick Y. Dy and Fulgencio S. Factoran Jr., 1,516 every.

Nickel Asia credited its public stockholders with four,576,696,986 NAC commonplace stocks, or 33.571 percent.

involved in research and consultancy

The Russian enterprise undertaking will behavior three business displays in Manila, Subic and Clark, respectively, from March thirteen to 17.

The Russian delegation includes six organizations representing Moscow, St. Petersburg, Kazan and Kurgan, and focusing on engineering/energy, the introduction of modern infrastructure (specifically, bridges), the layout of new ports and modernization of the prevailing ones, the manufacturing of superior scanning gadget for customs inspection and protection exams and, the manufacturing and launching of micro-satellites for earth faraway sensing.

Practical tips

Sumsky said the enterprise assignment is an try to build relations at a realistic degree by using identifying Philippine organizations, people and government establishments to interact with Russia, and subsequently fortify that partnership.

“We are seeking to achieve that end result by using doing those public presentations to people who are involved in research and consultancy so that Filipino authorities and personal sectors will recognize the opportunities that we are offering,” he stated.

Sumsky stated the Russian business mission additionally organized separate conferences with different authorities officers from the Department of Public Works and Highways, Department of Trade and Industry, Department of Energy and the Department of Foreign Affairs, in addition to officials of the Bases Conversion Development Authority (BCDA) which covers Subic and Clark.

As a end result of those meetings, the host agencies purpose to prepare a joint paper with realistic recommendations to the governments of the Philippines and Russia at the eve of President Rodrigo Duterte’s go to to Russia this May 25.

“We need to analyze more about the opportunities within the Philippines so that the following time we come right here, we are able to provide a broader preference of possibilities,” Sumsky said.

Project financing

Sumsky referred to that the institution of Russian businessmen had a assembly with Socioeconomic Planning Secretary Ernesto Pernia on Monday morning to speak about the method by which the Philippines may also help Russian corporations in figuring out regions of commercial enterprise where their expertise can be wished maximum.

“[During the meeting] I assume we got the better knowledge of the method through which involved Russian organizations should pass if they need to construct roads and essential infrastructure tasks inside the Philippines,” he stated.

“Of direction right here, one of the essential issues is undertaking financing. I assume that might be among the opportunities we will explore when we come returned to the Philippines. We may have a better information of ways we should pursue [that],” he added.

Building facilities

Building facilities consist of several multipurpose characteristic rooms, a business middle, recreation room, and kids’s play room, swimming pool, Jacuzzi, and kiddie pool, and a fitness center. Owners of gadgets on the Grand Hyatt Residences can also revel in offerings of the Grand Hyatt Hotel, which include concierge, bell service, and valet, porter carrier, and public and personal region cleaning. Hotel a los angeles carte offerings are also to be had to citizens, along with day by day home tasks, non-public butler or chef, laundry provider, room service, limousine provider, and birthday celebration and event planning provider.

The Grand Hyatt Residences is a venture of Bonifacio Landmark Realty and Development Corp., which is a joint mission of Federal Land and Japan’s ORIX. This is in reaction to the column of Mr. Emeterio Perez entitled, “How SSS fails its members” which became posted via The Manila Times on January 20, 2017.

We humbly apologize for the inconvenience skilled by using Mr. Perez at the same time as transacting at [the] SSS Biñan department. We appreciate that he stated to us the incident. We already coordinated the matter with the Biñan branch head and he has called the attention of the SSS counter employees noted by means of Mr. Perez.

As a part of our department processes, any individual other than the organization who submits the Collection List and evidence of charge of contributions could be required to offer an authorization letter to ensure that the member’s registered business enterprise is the one deciding to buy the member’s contribution.

We apprehend the worries of employers at the variety of documents required in filing the reports on the contributions in their employees. We are presently reviewing our regulations and processes to better serve our contributors.

Thank you for the opportunity to clarify this remember.

Marissu G. Bugante
Vice President, Public Affairs and Special Events Division
Social Security System

Home aides’ contributions

Here is a seasoned-forma letter we received from Pag-IBIG Fund, the popular call of the Home Development Mutual Fund.

Dear Sir/Madam:
This is to tell you that we’ve not obtained the remittance for the Pag-IBIG Membership Savings (MS) of your Kasambahay and the business enterprise counterpart for the length JANUARY-JUNE 2015.

Below is your obligation:
Kasambahay Share 1,440.00
Household Employer Share 1,440.00
Deprived Dividends 98.68
Penalties 1,945.Ninety two
Total amount due as of March 21, 2017 four,924.60

Please remit said quantity within 5 (five) running days from receipt of this note to keep away from incurring similarly consequences equivalent to one/10 of one% consistent with day of postpone of the quantities payable from the date the MS fall due till paid.

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