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Business Mixer Invitation: Ultimate Skybox Friday, Aug 29, 2008 @ 6 pm

The purpose of this business mixer is for you to meet the big wigs of Comerica, network with business owners, exchange ideas, enjoy the fabulous food and beverages served, all for a minimal fee while enjoying a game between the Padres vs Colorado Rockies.

To reserve a seat, please log on to www.mabuhayalliance.org, have a great day! -Myrna T.F. Reyes

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Business goes on in Mindanao
Thursday, 21 August 2008

By Joji Ilagan-Bian
Philippine Daily Inquirer
First Posted 03:46:00 08/21/2008

(First of two parts)

As a Mindanaoan, I refuse to say that the entire Mindanao is in trouble. However, we cannot discount the fact that whenever the Autonomous Region in Muslim Mindanao (ARMM) is wounded, the whole of Mindanao bleeds.

We are angered and at the same time very disappointed with the way the peace issues and concerns are being handled.

There are just too many players from government, military, politicians with varied interests who are all dipping their hands into the problems.

And the irony is that most of them are not from Mindanao or have never even been to any of the ARMM areas.

I am very passionate about being from Mindanao. I always tell business people I meet about how beautiful and how comfortable life is in Mindanao—that Davao City is a perfect blend between urban and country life.

On Wednesday, I was interviewed for a magazine that will be published by Go Negosyo, in which 40 businesswomen will be featured. I was asked by the writer whether I planned to expand my school businesses in Manila. Without batting an eyelash, I said that my preschools, Tumble Tots and JiB eAcademy, would be my only schools in Manila.

I will expand in Mindanao only, because I believe in the potential of the island, and besides, I am a Mindanaoan.

Despite the bad publicity that it is getting due to the aborted signing of the controversial memorandum of agreement on ancestral domain between the government and the Moro Islamic Liberation Front, Mindanao’s business sector is upbeat.

As of 2007, Mindanao has a population of approximately 18 million and an inflation rate of 3 percent; much lower than the national inflation rate, which hit over 12 percent. Our balance of trade is $1.5 million; exports at $2.4 million and imports at $1.2 million.

Topping our agricultural exports are bananas at $401 million; coconut oil or copra , $366 million; pineapples, fresh and preserved, $160 million; desiccated coconut, $46 million and of course tuna at $54.55 million.

The top export destinations are Japan because of our bananas and tuna; United States, Netherlands, Korea, Taiwan, China, Malaysia, Singapore, United Arab Emirates and Iran.

Last Updated ( Thursday, 21 August 2008 )
Read more...
 
Foreign chambers suggest solution for jobs mismatch
Wednesday, 06 August 2008
By Abigail L. Ho
Philippine Daily Inquirer
First Posted 06:22:00 08/06/2008


MANILA, Philippines--The Joint Foreign Chambers of Commerce of the Philippines plans to linke up with high schools to ensure that students get proper guidance on how to choose college courses that will land them good jobs when they get out of school, its officials said.

Its members plan to “talk to high schools—tell them the trends, what companies require—so high school students can make more intelligent decisions on what courses to take in college,” Henry Schumacher, executive vice president of the European Chamber of Commerce of the Philippines, said at a news briefing.

Leslie Stokes, chairman of the British Chamber of Commerce of the Philippines, added that the same tie-up could be formed with colleges and universities to ensure that available jobs matched the qualifications of local graduates.

“There’s a need to match jobs with qualifications,” Stokes said. “We will work more closely with universities to ensure that the courses they are offering meet the requirements of employers.”

Schumacher said, “Education here is not good. The level of education has gone down. But in upgrading the level of education, it will take us 10 years to see the fruit. We can’t wait 10 years. If we do, the available jobs now will have already gone somewhere else.”

The Joint Foreign Chambers will hold its second job fair for the year on Aug. 13-14, hoping to fill 3,000 new jobs.
 
WTO ministers gather for crunch summit to nail Doha deal
Sunday, 20 July 2008
Agence France-Presse
First Posted 11:46:00 07/20/2008

GENEVA--Trade ministers from more than 30 countries, deeply divided and still clinging to core interests, mount another bid Monday to nail down a global trade accord before the arrival of a new US president early next year.

After nearly seven years of fruitless haggling, ministers will try to bridge gaps on trade-opening measures under the Doha Development Agenda, launched with great fanfare and hope in the Qatari capital in November 2001.

But the negotiations, under the auspices of the World Trade Organization, are deadlocked as developed and developing countries alike have been slow to make concessions on trade in agriculture, goods and services.

Their representatives will gather in Geneva knowing that from next January, the United States will have a new administration and a new Congress whose attitudes toward trade liberalization are at this point uncertain.

The administration of George W. Bush is therefore anxious to secure an agreement now, hoping to make it hard if not impossible for a new Congress to reject it.

But the United States is not the only party to the talks that needs to keep an eye on its domestic audience.

The European Union is also struggling to show a united front following a public spat between EU chief trade negotiator Peter Mandelson and French President Nicolas Sarkozy.

Mandelson is viewed with suspicion in Paris as a "neoliberal" prepared to sacrifice France's hefty agricultural sector for the sake of a deal.
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The U.S. Federation of Philippine American Chambers of Commerce, Inc., is a not for profit corporation incorporated under the not for profit laws of California. It has 42 chapter members from all over the United States mainland to include Hawaii. Incorporated in 1997, it bridges US Philippines trade and commerce, promotes goodwill and mutually beneficial projects between the two countries. It holds an annual conference in the US and one trade mission a year to the Philippines. It currently has several major Memorandums of Agreement with major Public and Private sector departments of the Philippines, including a major one with the US-SBA.