Today's Issue
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Editor's Take: The End of the Tunnel?
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SME Gadgets: My Book World Edition II
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SME Special Report: Rain or Shine - SME Toolkit Road Show is on the Go
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Tax Calendar
SME Gadgets:My Book World Edition II
Are you looking for extra assurance for your files, data or documents? Would you like a backup when your memory device failed? Do you need a hardware where you can easily access and share your data to your friends and co-workers? My Book World Edition II is the answer for you!
Western Digital has introduced another storage device that will allow you to protect and retrieve your important files when problems, virus and unexpected situations arise. My Book World Edition II has EMC Retrospect Express software that has automatic and instantaneous backup every time you save your files.
To read more, click here!
Tax Calendar
August 27 Last day of e-Filing for 2550 & 2551M of VAT & PT for July 2007 (Group A); e-Payment for 2550M & 2551M of VAT & PT for July 2007 (all EFPS groups); e-Filing/Filing & e-Payment/Payment for 2550Q of VAT for TQ ended July 2007
August 29 Last day of e-Filing/Filing & e-Payment/Payment for 1702Q of ITR by taxpayers on FY accounting period for TQ ended June 2007
August 30 Last day of e-Submission of summary list of sales/purchases by VAT registered taxpayers (EFPS) for TQ ended July 2007
Source: Punongbayan & Araullo
Editor's Take
The End of the Tunnel?
After a week of turmoil triggered by the subprime loan crisis in the United States, markets worldwide are staging a comeback, thanks to billions of freshly-printed dollars pumped into the monetary system and an interest rate drop by the U.S. Federal Reserve Bank.
Business Mirror columnist John Mangun last week opined that the crisis in the American economy is not a housing problem; it is a credit problem. Simply put, you had lenders in the United States providing generous loans to people who could barely afford to pay for overpriced homes. That was like skating on thin ice, and now the whole thing has given way.
This complicates the Philippines’ economic development and the housing crunch in the United States is likely to raise concerns about a downturn in the world’s largest economy. This is no small item for the Philippines which counts on the US market to absorb 18 percents of exports.
There is much uncertainty at the moment. And we would be the last ones to say there is light at the end of the tunnel. For all we know it is the headlamp of an onrushing train.
What's your take on this? We want to hear from you! Click here and participate in the discussion.
Russelle S. Trinidad
SME BizLink Editor
SME Special Report: Rain or Shine - SME Toolkit Road Show is on the Go
Last Thursday, August 16, 2007, PDB SME Solutions, Inc. together with Planters Development Bank and Globe Telecoms conducted the first ever SME Toolkit Road Show with the theme: Bringing Global eBusiness Solutions to Filipino SMEs. The event was held at the Blue Jam Restaurant, Dagupan City, Pangasinan.
To read more, click here.
