Pinoy Business Coach

Business coaching- PINOY style!

Boosting the 'Buy Pinoy Movement'

August 21, 2011, 9:57pm (Click HERE for original article)
 
MANILA, Philippines — Locally made goods account for some of the most exquisite products of the Philippines. There is magic in the way Filiipino craftsmen fashion raw materials into items that are admired not only locally but abroad.


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About Franchises

By: Pinoy Business Coach
 
It is a great development to see that even banks like Bank of the Philippine Islands (BPI) has opened a loan facility for individuals to go into Franchising.  Even other lending institutions are beginning to see that a Franchise is a more structured way of gaining business success.

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MalacaƱang pushes ‘sin tax’ changes

By: Norman Bordadora, Philippine Daily Inquirer
  
The government aims to generate P60 billion from a proposed bill restructuring the excise tax on alcohol and tobacco products.

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Kumon Philippines lauded as ‘best foreign franchise’


Entrepreneur magazine recently acknowledged Kumon Philippines as Best Foreign Franchise in its July 2011 Franchising special edition, a press release from the school said.
It has been the publication’s annual tradition to give honor to local and foreign franchise businesses that have attained paramount accomplishments while benefitting the community and empowering the enterprising Pinoy.
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Using OFW money to beget more money

By: Serenidad F. Lavador (Philippine Daily Inquirer)
(Click HERE for original article)

Can the role of our overseas workers in the economy be enhanced to make them true-blue “mga bagong bayani?” Besides spending their hard-earned money on food, appliances, real estate and other nonproductive or dormant assets, can OFWs be enticed to go into business or other productive activities that generate continuing income for them, their families and their communities?

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Businesses for OFWs

Most OFWs who end their contracts from abroad are often faced with a dilemma on how to sustain personal income after years of labor in foreign lands.  There is a recent program administered by the OWWA (Overseas Workers Welfare Administration) in which returning OFWs who would want to start a small business may be able to get a loan (300T- 2 Million Pesos) with 7.5% interest rate per annum.  Based on the OWWA website, there is no other information if this is collateralized or non-collateralized.

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