Today's Issue
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Editor's Take: From a Lowly Leaf
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SME Toolkit Road Show Update: Iloilo: The center of trade, commerce and industry
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Meet Our Member: Citra Mina Seafood Group
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Tax Calendar
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Events: ISO 9000:2000 Series Auditor/Lead Auditor (Course No. A17086 Certified by IRCA) (November 26 to 30), Documentation of Hazard Analysis and Critical Points (November 27 to 29), Understanding Trademarks, Patents and Copyrights (In cooperation with the Intellectual Property Of the Philippines) (November 29), 14TH BUY PINOY EXPORTER'S FAIR (November 29 to December 2), more events
SME Toolkit Road Show Update
Iloilo: SME Toolkit Roadshow's 14th Stop!
The SME Toolkit Road Show shook Iloilo City by storm, the regional center and the main economic hub of Western Visayas region, at The Millennium Hall Centennial Plaza Hotel, Thursday, November 22.
Iloilo is the ninth most popular city in the Philippines and the center of trade, commerce and industry with 8,407 business establishments reported as of December 2003.
Due to its progressive economic reliability of this city, the SME.com.ph team trooped to the said provinces to highlight the importance of SME Toolkit to Ilonggo entrepreneurs for their daily business operations.
SME Toolkit can be downloaded online or offline. Participants were given CDs that offer various business tips and solutions, government forms and several inspiring entrepreneurial strategies from other successful SME Entrepreneurs here and abroad.
To read more, click here!
Tax Calendar
November 26 - Last day of
e-Filing for 2550M & 2551M - VAT & PT for October 2007 (Groups A & B)
e-Payment for 2550M & 2551M - VAT & PT for October 2007 (all EFPS groups)
e-Filing/Filing & e-Payment/Payment for 2550Q - VAT for TQ ended October 2007
November 29 - Last day of e-Filing/Filing & e-Payment/Payment for 1702Q - ITR by taxpayers on FY accounting period for TQ ended SEptember 2007
Source: Punongbayan & AraulloEditor's Take
From a Lowly Leaf
A homegrown Filipino fastfood chain made its mark in the global business scene by copping the once-in-a-lifetime Centennial Prize during the 2007 UPS Out-of-the-Box Small Business Contest sponsored by United Parcel Service.
The award and accompanying $10,000 cash prize goes to Binalot Fiesta Foods, fast-growing chain serving home-style meals, prepared with authentic native flavors and served with a dash of Pinoy humor.
The UPS contest is open to small business entities with 2006 business revenues between $250,000 and $10.0 million. For the special Centennial Prize, there was only one criterion: demonstrated commitment to and delivery of customer service that best exemplifies end-to-end service. No small feat indeed for a small and medium enterprise (SME) that started from the lowly banana leaf.
Binalot was chosen for its Dangal at Hanapbuhay Para sa Nayon (Dahon) Program, conceived as an end-to-end solution of sourcing its raw materials directly from farmer communities, specifically the banana leaves which it uses for wrapping its famed rice meals. This unique approach has allowed Binalot to succeed in combining its profit objectives with social objectives—supplying environmentally-friendly food packaging while providing livelihood and social opportunities in rural communities.
Being the first Asian entry to win the UPS competition prize and as the only Philippine company to enter the contest speaks volumes about the creativity, drive and competitiveness of Filipino Small and Medium Entrepreneurs.
Bravo Binalot! Bravo SMEs!
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
Meet Our Member
Citra Mina Seafood Group
Their business began in 1983 in Tuna Capital of the Philippines General Santos City. Back then, their fresh caught tuna were distributed primarily to the local market and canning buyers.To read more click here!
