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Did you
know 1:
Bank of the Philippine Islands was adjudged by the
Bangko Sentral as the top reported remitter of foreign
exchange for 2006. In 2005, number one was Philippine
National Bank.
The key
word here is “reported,” since BPI, unlike other banks,
included last year payments by balikbayans for Ayala
Land Inc. condominium units.
Did you
know 2:
The Aboitiz Group has an internally set ruling of paying
suppliers within 30 days.
That
30-day ruling starts upon approval of the billing by the
finance department, of course.
Did you
know 3:
There’s talk many Davao-based fruit companies selling
their branded pomelos and mangoes in Manila no longer
own their own plantations.
Instead,
they buy their fruits from subcontractors and then
charge double the price of non-branded fruits to cover
the cost of, well, advertising.
***
After
piloting it last November, Land Transportation Office
head Reynaldo Berroya is accelerating this year the
checking of papers of passenger buses plying the streets
of Metro Manila.
The idea
here is to see whether individual buses, for one, have
certificates of public convenience (Yes, that’s how
these certificates are called.) issued by the Land
Transportation Franchising and Regulatory Board headed
by Thompson Lantion and, for another, are plying the
routes that have been originally assigned to
them.
You see,
there are an estimated 6,000 passenger buses doing
business daily in Metro Manila, almost double the number
authorized by LTFRB and a major reason for the traffic
problem in the metropolis.
Initially, the buses to be flagged down are those
clearly violating the country’s pollution law. In the
coming months, buses will be randomly flagged down and
their papers will be scrutinized.
***
OFW
notes 1:
Recruiters specializing in placing domestic helpers
abroad are seriously thinking of junking that particular
niche all together as a result of the
no-placement-fee-for DHs ruling of the Philippine
Overseas Employment Administration headed by Rosalinda
Dimapilis-Baldoz.
If
realized, that means 120,000 wannabe DHs will not be
leaving abroad in 2007, never mind that they are willing
to pay the average placement fee of, say P80,000 per DH,
in Hong Kong and Taiwan, both of which utilize the
broker system.
OFW
notes 2:
Magsaysay Shipping, which is headed by Dories Magsaysay-Ho,
is said to control the recruitment of highly paid
Filipino personnel for cruise ships, which include the
Disney-branded liners that dock, of course, in
Florida.
In fact,
the Magsaysay company is said to have such a wide
database that a sea-based OFW has to wait for eight
months after the end of each cruise before he/she is
called up for another job. |
