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184th Issue Vol. 42 No. 5Wednesday 30 April 2008

   Today's Issue


Featured SME of the Month

Bioskin: Your All-Natural Skin Care Solutions

Flaunting your body in the latest swim wear under the smoldering summer heat while walking or lying down the beach sand is one of the common scenarios this summer. The salty sea waves lapping against the shore is a relaxing sight to behold while you being away from your week-long job, however this episode is not fun at all when you are exposed to some damaging culprits like dry skin and sun burn. These occurring problems are easy to solve by Bioskin Philippines with its recommended products; both helpful and handy for summer outings.

To read full article, click here!


We Want You!

PDB-SME Solutions Incorporated is looking for someone who can join our team as a Finance Assistant. Applicants must be:

  • An Accounting Graduate; it is an advantage
  • Should be tech-savvy, knowledgeable in any accounting software
  • Has excellent oral and written communication skills
  • Fresh graduates are welcome to apply
  • To apply, send résumé to info@sme.com.ph


Tax Calendar

Monday 5 May- e-FILING/FILING and e-PAYMENT/PAYMENT of 2000 Documentary Stamp Tax Declaration/Return for the Month of April 2008.

   Source: Bureau of Internal Revenue


The SME Toolkit Road Show Update

16th SME Toolkit Road Show opens in Baguio City

The success of SME Toolkit Road Shows in 2007, SME.com.ph kicked-off its first leg of 12-series road shows on April 17 in the summer capital of the Philippines, Baguio City with the theme: “Bringing Global eBusiness Solutions to the Filipino SMEs.” Local business owners from the said cluster trooped to Ridgewood Residence Hotel; and were enthusiastic about the benefits of what SME Toolkit has in store for pumping-up their ventures.

To read full story, click here

Editor's Take


In the Midst of Crisis

Change is inevitable; everyone would accept that TRUTH. It is absolute. However, most people in the country especially now that prices of all commodities are escalating, it is hard to accept that this really happening.

People never stop to point fingers and blame the government. It is one vicious cycle. It goes on and on no matter who will be holding the scepter of power.

Insatiable, yes, that is what most of us Filipinos are. To inquire is not a crime. But, perhaps to ostracize without even doing anything is a shame.

Today in the midst of crisis, we do not just watch on the sidelines and wait for something to drop like a miracle. Miracles are something to be worked out for.

The two People Power revolutions occurred because the entire nation was united and not divided. Today, there is need for another people power.

In a recent report, there were top three THREATS that would shake the Philippines even further.

Rocketing Prices, Low Production and Exports of Oil will greatly be felt by our country. US gasoline prices rose to a record of $3.30 and it is expected to peak at $3.50 or spike at $4 a gallon. In fact, OPEC reported that in March, shipments were down about 85,000 b/d from February due to a fare-reaching maintenance and other related issues.

Then shortages on electricity and diesel might follow suit. Given the current and impending shortages brought about by the first threat, any country including ours is no exemption from dealing with a rapidly increasing demand. It is more difficult to bear as the world suffer from a combination of insufficient rain for hydro-power plus the unaffordable oil and coal for thermal power—which might succumb the Philippines to a real power scarcity.

Just recently, prices on rice increased to 50-percent, which is considered to be an all-time high making the rest of the world's 3 billion people, 33 countries who eat rice as staple food—face this horror of hunger?

Labor groups have proposed that there must be a Php60-Php150 wage increase. The DOLE is pushing for non-wage benefits in big companies especially those with special welfare programs.

Whatever may surface, the challenge now, will the nation be able to cope with these threats? It's going to be Labor's Day on May one and the government promised to work overtime to reach a decision on the new wage levels in the respective regions.

The call is not just crossing our fingers that miracles will out-of-nowhere be realized, but be 'involved' in helping find means for the rest of our countrymen to pull-through from this sordid plight we have instead.

Editor


What's your take on this? We want to hear from you! To participate in the discussion, click here!



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