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Free seminars for exporters at int’l food expo

Philippine Trade Training Center (PTTC), an attached agency of the Department of Trade and Industry (DTI), announced free training seminars on various food exports-related topics alongside the holding of International Food Exhibition Philippines (IFEX) organized by DTI’s Center for International Trade Exposition and Missions (CITEM) on 19-21 May at the World Trade Center in Pasay City. Scheduled at the PTTC during the 3-day trade show are food export and investment seminars discussing topics on Health and Wellness Importance of Cacao, Cocoa, and Chocolates, 1st Organic Coconut Congress, Agribusiness Research and Development Forum and Market Entry Requirements. IFEX Philippines is the biggest international trade exhibition on ethnic and specialty food, tropical fruits, vegetables, seafood, beverage, bakery & confectionery products, meal & poultry, HALAL-certified products together with natural, organic, and healthy food products in the Philippines and Asia. This year’s edition will also feature ethnic ingredients and food from ASEAN member states through the TASTE ASEAN as part of the official programs under the ASEAN Committee on Business and Investment Promotion (ASEAN CBIP). The trade show is seen as a great opportunity for food companies, both local and international, to test new markets, launch new products and sell them to international... read more

IFEX PHL banners country’s top agri-export on May 19-21 show

two-coconuts-and-coconut-oil-in-jar-without-lid Coconut remains as country’s biggest export product with $487.3 million in sales in the fourth quarter of 2016 The Philippines top agricultural export products will be among the highlights of the International Food Exhibition (IFEX) Philippines to be held on May 19–21, 2017 at the World Trade Center Metro Manila and the Philippine Trade and Training Center, Pasay City. In line with its efforts to promote the country’s food commodities to the international market, IFEX Philippines will have special highlights on coffee, cacao, coconut, and fruit and nut products as part of the Food Industry Cluster under the Food Artisans Village. Each pavilion site will showcase the Philippines’ high-demand export commodities in numerous varieties and cultivars. “Through IFEX Philippines, we hope to close new deals and partnerships with our extensive list of international buyers, a majority of which are new comers to the event,” said CITEM Executive Director, Clayton Tugonon. “We are showcasing only the best in IFEX Philippines and buyers can expect to see the finest agricultural products the Philippines has to offer.” Agro-based products contributed to 6.1% of the share of the Philippine’s export in the first half of 2016, amounting to a $291.5 million in sales. Coconut products lead the country’s agricultural exports with 34% share to total agricultural exports, closing off the last quarter of 2016 with a total of $487.3 million. The Philippines is a major producer of tropical fruits, exporting more than 744,000 metric tons of homegrown products in the fourth quarter of 2016. Bananas ranked second in the total agricultural exports with a share of 12% and sales of $172.6 in... read more

JP companies bullish for investments in PH

    Japan – A total of eighteen business agreements were recently signed (30 October, 2017) during the sidelines of President Rodrigo Duterte’s working visit to Japan, bagging total investments pledges of USD 6 billion (PHP 300 billion).   “The growing number of Japanese corporations, interested in partnering with Philippine enterprises, shows the value proposition of the country as a favored destination for Japanese Foreign Direct Investments (FDIs),” said Department of Trade and Industry (DTI) Secretary Ramon Lopez, who witnessed the exchange of business agreements with President Rodrigo Duterte.   DTI Secretary Ramon Lopez received Letters of Intent (LOIs) from the several Japanese companies who are keen on expanding operations in the Philippines, namely: Marubeni Corporation for power, railways and water projects; Sumitomo Metal Mining Co. Ltd. for mineral processing; Taiheiyo Cement Corporation for plant and production related infrastructure expansion projects; Tsuneishi Shipbuilding Co. Ltd. for medium-sized marine vessels manufacturing; Ministop Co. Ltd. and Lawson for HR training programs and outlet expansion in the Philippines; and Itochu Corporation for investments in agricultural equipment, bananas and pineapples production, and irrigation projects.   Japan Tobacco Inc., likewise stated its interest to further expand Philippine operation and contribute to the Department of Finance’s (DOF) improved revenue collection program.   Meanwhile, a number of companies from Japan also stated interest in pursuing joint ventures in areas earmarked as strategic to sustainable development and inclusive growth, such as agriculture, renewable energy, manufacturing, services, environment and research and development (R&D)  includingTokyo Gas Co., Ltd., on joint study on natural gas usage in the Philippine domestic market with the Japanese Ministry of Economy, Trade and Industry (METI); Itochu Corporation with Metro Pacific Investments Corporation (MPIC) on additional renewable energy projects and infrastructure projects;Hitachi Ltd. with...

Cloud based accounting system – is it right for your company?

By: Jerome J. Auza Anyone in business, big or small, need to do the necessary but very tedious work of accounting. In a fast paced business environment, manual accounting may not be ideal as it can be prone to human errors. Even the use of spreadsheet applications like Excel, will still be prone to errors because implementing the accounting rules and procedures will still depend on the human operator. The good news is that there are many desktop based accounting system software. But for businesses that have multiple branches and are spread out across a large area and across islands, keeping a local accounting system will still be inconvenient as each branch try to synchronize accounting data regularly. A solution that would work very well for companies with many branches is a cloud based accounting system. Using a browser, the users can post transactions and immediately, that the posted transactions will reflect on the system. For example, if branch A sold a product, after posting the invoice or POS transaction for that sale, the income statement may be viewed and that transaction will be immediately reflected on the report. The CloudLedger system is a full featured double entry ledger system that is deployed by Auza.Net on a cloud server and offered to SMEs. The largest deployment of CloudLedger is a company with 40+ branches with hundreds of transactions per day. CloudLedger includes Accounts Receivables, Accounts Payables and Financial Statements (Balance Sheet, Income Statement, Trial Balance and Chart of Accounts). Also included are Purchase Orders, Sales Orders, Quotations and a basic Point-of-Sale system. Because CloudLedger is deployed on the cloud,...

Local  News/ Bohol Balita

Home-grown talents, brains harvest gold

Tubigon- Noted for its impressive pool of talented and academically gifted students from its top schools, Tubigon joints local school administrators in celebrating pay off. Principals from Holy Cross Academy, Salus Institute of Technology, Holy Family of Nazareth, Gods’s Little Flock Learning Center and Mater Dei College, all in this town are in jubilation for harvesting the much coveted awards and recognition from the Bohol Association of Catholic Schools (BACS) Meet. The athletic, literary and musical meet is for high school levels and the Bohol Association of Private School Elementary Administrators (BAPSEA). Fresh from the competitions, the students from both elementary and high school here are still feeling the hype and euphoria. Holy Cross Academy ranked over-all Champion and romped with the Miss BACS Athletics 2010 award for Alyssa Quinones. Salus Institute of Technology took the 2nd Place Over-all and reaped the Miss BACS Academics 2010 through Judiel Israel. On the other hand, Holy Family of Nazareth School took the 7th Place Over-all and bagged the Miss BACS Personality 2010 through Dianne Mascarinas. On the elementary and pre-elementary pupils, Tubigon could not be outdone at the Bohol Association of Private Schools’ Elementary Administrators Meet. Now on its second year, the meet showcases the talents and abilities of elementary pupils in the field of academics, literary and musical. This year’s winners are Mater Dei College for general information through Viah Mula, Vocal Duet Elem. Division 1st Place (Sophia Mae Zoilo and Liahona Lorzano), Modern Dance Pre-Elem. 1st Place & Dance Sports Elem. 1st Place (Crisha Valer & Christian Enoc). On the other hand, God’s Little Flock Learning Center took the...

Bohol buildings needs PWD access facilities

IT is still long way to go for tourist destination Bohol in terms of its buildings and tourism facilities. Still lagging behind in vertical infrastructure especially for tourism services, the dream for Bohol to become a wholesome tourism destination practically finds wanting if services and standards to this end is concerned. With the few establishments set up, as far as compliance to accessibility laws, several of them are not compliant yet, says a person with disability mobility advocate said. Here, of the few public buildings and tourism establishments that are compliant, they also have access facilities that are sub-standard. This surfaced Thursday at the Kapihan sa PIA when the forum resource persons took to the question: what happens when a tourist who visits Bohol is a person with disability (PWD)? Here, the leader of a strong Bohol Federation of Disabled Persons (BFDP) said the decade long advocacy to bring awareness to get the law implemented and allow access to PWDs has not been that much, especially in Bohol. Mateo Quilas, a blind man however said he is happy that some establishments here have shown best efforts in compliance. The Kapihan segment, which was aired live over DyTR tackled the law enhancing the mobility of disabled persons by requiring certain buildings, institutions, establishments and public utilities to install facilities and other devices to ensure access of PWDs. Some best efforts however prove to be only for compliance. There are buildings and establishments with the access ramps but these are so steep that a PWD on a wheel- chair can not negotiate it by himself, elaborates Haidee Cubarol, a physical therapist...

DTI “cautions” against scams

THE Department of Trade and Industry (DTI) cautions everyone against scams in this season of bonuses and cash windfalls. “Giving bank account numbers, even without personal identification number (PIN) taught countless scam victims a hard lesson”, DTI said. “The modus operandi is a text message, which claims that the promotion has a DTI permit,” shares Information Officer Lucille Autentico. Under the law, sales promotion campaign should first secure permits from DTI to ensure that the public is protected against deceptive or irresponsible sales promo scheme, she revealed. DTI through Autentico cited the case of a 23-year old young professional and office girl in Makati. The victim just received her 13th month pay when she received a text message from an unknown cell phone number,” Autentico said. The text message said: “Congratulations! Your cellphone number has won P680,000 at the Philippine Charity Foundation’s third anniversary raffle draw last November 5. For more info, send your name and address. Call Sec. John Fuentes. Per DTI Permit No. 000812. Thanks.” Thinking that was a scam but also trying her luck, she accordingly replied with a fake name and address. The texter, who introduced himself as a Manila-based lawyer then asked for her bank account number where he can deposit the cash prize. Thinking that her account is safe if she does not give her signature or Automated Teller Machine’s PIN number, she gave him her bank account number, DTI added. It was after two weeks later, when she got back after the vacation breaks, did she realized she was victimized, Autentico relayed. When the victim withdrew from her savings account, which she...

PDEA appeals for help to build drug info base

ADMITTING a debacle where they only have few agents whose identity they have to protect, the Philippine Drug Enforcement Agency (PDEA) has appealed to the public for help. Now faced with the singular task of curbing an alarming increase of drug concerns popping up in Bohol and likely trend of drug related crimes, the local PDEA is forced to make their best efforts, and appreciates the public’s help in building up the information linking known drug personalities to set up an information database. Any information that can help us build a stronger case against these personalities would be a great help, said a PDEA agent at the Kapihan sa PIA last week. If any among you notices within your neighborhood an endless stream of activities especially when these involve strangers coming in and out of the neighborhood, that’s a big chance that a drug deal within a community is happening, said the agent who asked not to be named. He said that along with the police authorities, the PDEA keeps a hotline number open for any information leading to the capture or conviction of the persons involved in the illegal and harmful trade. Any information can be coursed through 501 8730, he said as he assured calls and information received would be treated with utmost confidentiality. Meanwhile, Bohol Police at Camp Dagohoy are also putting up a Provincial Tactical Operations Center (PTOC) hotline manned by a desk staff 24 hours a day, said PSSUpt. Constantino Barot. Police hotlines are 0917-305-1833 and 0912-808-9279, he added. The drug agent also called on parents, guardians and landlords to keep a tight watch...

Chatto urges bgy govts To be IRA independent

CAPITOL is coordinating with the Department of Interior and Local Government (DILG) in designing capacity building trainings for barangay officials. Governor Edgar Chatto revealed during his weekly radio program that along the resource generation policy of the provincial government, he would urge newly elected barangay officials to seek out other resources and find other income sources rather than rely on the Internal Revenue Allotment. While saying that the interior and local governments have their capacity training modules to capacitate local officials, towns and provinces, Chatto hinted that Capitol can come in and enrich the modules to empower local governments in their revenue generation tasks. The local dependence on the IRA has been a noted situation in almost all local governments, he told media during his weekly forum carried live over local radio stations. “We can meet so we can come up with measures on how to come up with a wider capacity for resource generation,” Chatto said. Chatto also stressed that along with the trainings, the new officials must understand that beyond seeking more tax legislation measures, there is such a thing as efficient tax collection that can prop up the fiscal capacity of the barangays. We can be dependent on the IRA from the start but we shall struggle to stand and attain independence in the end, he urges local elected leaders. Meanwhile, in efforts to initially give clues to barangay officials who will start their official amdnates on December 1, a radio program called “Pamuhis” has been airing at DyTR every Saturday from 4:00 to 4:30. Anchored by the Philippine Information Agency, the program attempts to educate...

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