One of the great lessons that I often have a hard time coming into terms is the difference between setting up great assets that produce cash flow and earning from flipping things or income from capital gains. One is harder to conceive, imagine and "cook" while the other simply just needs great selling skills and a motivated buyer.
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By MYLA IGLESIAS
The third leading TV network, ABC Broadcasting Corp., expects to generate P3 billion in revenues this year, driven by higher ratings of its programs and revenues from newly launched shows.
"We are over P800 million in revenues for last year. We are expecting to hit P3 billion," Ray Espinosa, MediaQuest Holding Co. director and ABC president, said at the sidelines of the Malaya Business Insight 28th anniversary last week.
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MANILA, Philippines—Three years ago, David Lim expanded the Solid Group Inc., the company put up by his entrepreneur mom Elena Sen Lim, by establishing MyPhone, a brand of affordable mobile phones targeting the lower-income market.
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(The Philippine Star) Updated January 14, 2011 12:00 AM
MANILA, Philippines – With a huge potential market of 1.3 billion people and escalating economic influence, China could be an exporter’s paradise for those who know how to navigate the Chinese marketplace. China’s increasingly affluent middle class with rising disposable incomes and changing lifestyles that include a growing demand for imported foods have created plenty of opportunities for Philippine agricultural exporters. It is projected that in the next several years, China will be the world’s biggest importer of agriculture and agri-food products. It would thus do Philippine agricultural and agri-food companies well to take advantage of opportunities to supply this thriving economic frontier.
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