In two weeks, the New NAIA Infrastructure Corporation (NNIC), established by the consortium led by San Miguel Corporation, will take over operations of the country’s premier gateway to undertake much-needed rehabilitation. Yes, Virginia, it’s time. NNIC is poised to assume control of Ninoy...
I want to highlight the fact that true blue journalists always appreciate comments, whether positive or negative, on their work. These comments show that the article has been read and has made an impact. I'm saying this because I've been pleasantly surprised by the positive feedback I received for...
Net zero is one of the catchwords that is now trending. Nope Virginia, it is no way along the sub-zero, the “Siberian Chill Cherry '' juice drink and strong zero alcoholic drink made by freezing fruit in liquid nitrogen. Net Zero refers to “any emissions are balanced by absorbing an equivalent...
BUSINESS CORRIDOR Tomorrow is Christmas Eve. Allow me then to depart from my usual dishing out of the market situation and conditions as the year draws to close. Instead, let me enlighten you with some of the quirky Christmas traditions, customs and ways of celebrating the Holiday Season that we...
It used to be that going to shopping malls and grocery stores was a delightful task. I could spend hours to complete what’s in my shopping list. I scrutinize, read the fine prints, though not all, but in some of the items, especially those new ones on display which catches my fancy. It’s one of...
It has been raining cats and dogs for over a week. What we experienced, based on an old folklore is the proverbial “siyam-siyam” or incessant rain for nine days! This prevented most of us from doing our usual chores with our laundry hamper already brimming. A different kind of turbulent weather...
When the big brother sneezed, we caught a cold. This illustrates exactly how the domestic financial markets – the stock and the foreign exchange – respond to news emanating from Wall Street. Most market watchers and analysts lament that we basically follow the cue from the US. On Monday,...
For the generation of Baby Boomers, the 1965 American musical drama “Sound of Music” based on the memoir of 1949 “The Story of the Trapp Family Singers” that starred Julie Andrews and Christopher Plummer was the music of our youth. Among the array of songs in the musical drama, “So...
As we mend our ways to cope with the new normal so thus market mover Sergio “Boy” G. Edeza. Though, his would be in an altogether different way. This former treasurer of the Philippines (TOP) bade his goodbye at the diversified food and beverage conglomerate San Miguel Corp. For Boy, 13 is his...
In the business corridor, the word prestige is synonymous to SM and BDO Universal Bank. Top-tier clients of BDO and its sister company SM are accorded certain privileges. Shopaholics like most of us, ladies, are salivating to be a card-bearing member of Prestige. But, in this particular context I...
New recruits almost always look up to their bosses to guide and mentor them through the whole gamut of business operations. Although this is not always the case, there are companies and people who excel in mentoring, described as a “relationship between two people with the goal of professional...
Slowly but surely the rehabilitation plan of flag-carrier Philippine Airlines (PAL) is taking its final shape. The whole framework of the rehab plan is now in its concluding phase as one major prerequisite, the projected liquidity position of PAL, is underway.. A central issue in the plan is...