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236th Issue Volume 57 No. 2 Wednesday 28 October 2009 |
In this issue |
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SME in Focus Cutting the red tape and energizing the rural areas
Aside from infrastructure, finance, agribusiness, mining and oil and gas, the investment also covers the ongoing project of the IFC with the League of Cities of the Philippines called Standardization for Business Registration and Permit Process Project. This aims to standardize all business registration and payment processes. IFC provided an initial funding of P16 million to cover projects in Manila, Quezon City, Mandaluyong and Marikina. For sure, the project is worth supporting. By providing all Philippine cities with a standard form, standard procedures, one-time assessment and one-time payment schemes, first-time entrepreneurs will have an easier time because this can cut down the procedures to only seven from the 15 steps and reduce the time of opening a business to a maximum of 10 days. This is a good development for entrepreneurs specially the ones belonging to the SME sector. Moreover, this will energize the countryside as more rural folks will have more options to improve their lives. Member-At-Large M.F. Sandoval Trading: Helping the bangus reach global status
By introducing deboned marinated and smoked bangus into the market, eating bangus became more enjoyable. M.F Sandoval Trading followed up the success by introducing bangus-based products such as Bonuan boneless bangus relleno, prime cut belly, embutido, longganisa, lumpia, nuggets, kilawen, croquettes, chicharon and fillet, among others. But Mr. Sandoval is not resting on his laurels. He plans to make a difference in society by generating employment for the out-of-school youth and additional income to its business partners. More importantly, M.F. Sandoval Trading under the leadership of Mr. Sandoval plans to bring global recognition to Bonuan boneless bangus to make the Philippines the “milkfist capital of the world” by producing high quality and healthy products which will show the excellence of the Filipinos. Visit its site on www.bonuanbangus.com. Featured SME Astudillo-Dangoy Dental Clinic: Carrying an inspiration towards success
Opening their first dental clinic when they both passed the dental board examinations in 1985, the Astudillo couple are enjoying the fruit of their success by the continuous patronage of their satisfied clients. “We were motivated by the zeal and passion of our paternal parents’ professions as dentist and physician respectively It was definitely the inspiration why Astudillo-Dangoy Dental Clinic was established,” says Dr. Astudillo.
Tax Calendar 2009 October
SME Events 2009 October - November
SME Power Quote “Effective leadership is putting first things first. Effective management is discipline, carrying it out.” –
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The International Finance Corp (IFC), the private sector arm of the World Bank, recently revealed
that it is planning to invest $900 million until the fiscal year 2012. The objective of the assistance is to increase rural incomes and help in improving governance in the Philippines.
There is no doubt that bangus (milkfish) is a delicious fish. However, the challenge in eating the bangus is the numerous fishbones. This problem when Mario Sandoval, a former employee of the British-American pharmaceutical company Smithkline Beecham, decided to put up M.F. Sandoval Trading with an initial investment of P20,000.
Dr. Nick Astudillo and Dr. Maria Victoria Dangoy-Astudillo are carrying the same passion and dedication of their paternal parents’ jobs in their professions in their labor of love-the Astudillo-Dangoy Dental Clinic.
SME Products and Services |
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For inquiries, please call us at +632 8137.082 or +632 8847.600 locals 3012 or 3021. You may also email us at info@sme.com.ph. |
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