|
SME in Focus
Beefing up the light rail system
The opening of the loop between the Metro Rail Transit (MRT) along Epifanio delos Santos Avenue (EDSA) and the Light Rail Transit (LRT) in Caloocan on March 15 this year is a welcome development to some 1.2 million commuters who can now travel faster and safer around the metropolis.
Light rail provides a solution to car saturation, particularly in large, dense, old cities like Metro Manila. Only rail can provide fast, convenient service at reasonable cost when city centers are clogged with traffic. Light rail also improves land values along their routes and concentrate commercial development and compact housing around stations. In this way rail systems encourage more even development, with commercial activity and jobs-including SMEs-clustering around stations, as visibly noted along the MRT line.
Indeed, the introduction of light rail along the country's major thoroughfares is a great help to millions of commuters who have to bear the hellish and anarchic situation on the country's road networks. However, there is still a lot to be done by the government to give Juan dela Cruz a comfortable ride using the trains. For instance, the government must immediately beef up the rolling stock as more and more commuters are expected to take up loop going to and from both ends of EDSA. Further, it should develop a more efficient way of selling tickets to avoid overcrowding.
Special Report
The importance of intellectual property for SMEs
Intellectual property (IP) is a key element in running a business. In the knowledge economy, numerous ideas, concepts and products are created by intellectual capital to drive the business. For small to medium enterprises (SMEs) it important because this will enable them to protect their ideas or creation.
There’s no doubt that competition in the current business environment is very intense. The SMEs will need the knowledge so it can compete with the big boys. Having sufficient protection of the company’s intellectual property is an important element in preventing a possible infringement and in turning ideas into business assets with a real market value.
Click to continue
member-at-large
Allied Inspection Corrosion Services (ALINCOR)
Founded in 1987, Calamba, Laguna-based Allied Inspection Corrosion Services (ALINCOR) developed a solid reputation as a topnotch sandblasting and painting company in the Philippines specializing in the preparation, treatment, regeneration, maintenance, sand blasting, shot blasting, painting and floor coating of surfaces.
The success of ALINCOR is attributed to its passion for research and use of cutting-edge technology. As a result, the company was able to produce and market a complete line of service machines, industrial coating products, blasting media which are widely employed in industrial, civil, roads, airports, marines industries, power plants, production industries, government, commercial facilities.
Visit: www.alincor.com
Tax Calendar
2010 May - June
|
31 Monday
Quarterly Income Tax
Payment of income tax due for quarter ended 3.31.10 by corporations and partnerships with taxable year ended 6.30.10; 9.30.10; 12.31.10 (BIR Form No. 1702Q)
SAWT
Filing of income taxpayer’s summary alphalist of withholding agents of income payments subjected to withholding taxes for the quarter ended 3.31.10 (as attachment to BIR Form No. 1702Q)
VAT Summary Lists
Filing of the lists of buyers/suppliers of a VAT-registered taxpayer for the
quarter ended 4.30.10 for EFPS filers
Inventory List
Filing of Inventory List by taxpayers with taxable year ended 4.30.10
|
Manual Books of Accounts
Registration of manual books of accounts and other accounting records by taxpayers with taxable year that begins on 6.1.10
SEC
Filing of annual audited financial statements by corporations with taxable
year ended 1.31.10 whose securities are not registered under the Securities
Regulations Code or the Revised Securities Act
PEZA
Filing of annual report of actual operations by PEZA-registered enterprises with taxable year ended 2.28.10
7 Monday
Documentary Stamp Tax
E-payment or Payment of tax due on May 2010 transactions by all types of taxpayers, EFPS and non-EFPS filers (BIR Form No. 2000)
|
Click to continue
SME Events
2010 May - June
Click to continue
SME Power Quote
“Nobody talks of entrepreneurship as survival, but that's exactly what it is and what nurtures creative thinking.” – Anita Roddick
|