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In this issue

SME in Focus

Railway is the way in traveling

Traffic, smog and urban sprawl pose serious problems for our cities. But they also present opportunities to built better urban settings.

Among the solutions this space has been supportive of upgrading public transport to street-level light rail or trams at best (and bus-ways at minimum). Thus, Science and Technology Secretary Mario Montejo’s announcement that the county will pursue the development of a locally-made monorail system is welcome news.

Light rail has proven the more attractive alternative to car-based urban systems. Routes are simple to understand. The environment is more pleasant. Light rail also improves land values along routes. And importantly, creates a pedestrian- or bike-friendly city by encouraging commercial, residential and job clustering around stations.

Decision-makers and private developers in Cebu, Davao and other emerging urban hubs should learn from the negative experience of Metro Manila. The sooner plans for street-level light rail systems are included in long-term urban blueprint, the better.

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Special Report

Francis Kong discusses SME ethics in Plantersbank’s Davao Speaker Series

It was an all seats taken at Plantersbank’s SME Speaker Series in Davao. Some 350 SME clients and friends, including stalwarts of the local business scene as well as entrepreneurs from far as Saranggani province, packed The Apo View Hotel Ballroom to hear renowned motivation speaker and enterprise guru Francis J. Kong (left) discuss SME Ethics and how values help drive success.

In his lecture, Mr. Kong gave fresh insights to help SMEs integrate values into their businesses. “There is no (such thing as) ‘Business Values’… only plain and simple Values,’ Mr. Kong emphasized.

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Featured SME

Masseto

Harmonious marriage between food and wine

Masseto is one of the hottest dining spots in Salcedo Village, Makati. With the restaurant being owned and managed by the same people running Premium Wine Exchange, expect the eating experience in Masseto to be centered on the wine experience. Upon entering the place, you would easily notice that the excellent design of the interiors are based from wine colors.

“The owners and I have great interest in wine and we want to share to the people our passion for food and wine,” said Tippi Tambunting, executive chef of Masseto.

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Tax Calendar

2010 August

11 Wednesday
Withholding Tax
E-filing July 2010 taxes withheld (on compensation income, income payments subject to expanded withholding tax and income payments subject to final withholding tax by EFPS filers belonging to Group E* (BIR Form Nos. 1601C, 1601E and 1601F)

MAP
E-filing of July 2010 monthly alphalist of payees for monthly remittance returns (BIR Form Nos. 1601E and 1601F) by EFPS filers belonging to Group E*

12 Thursday
Withholding Tax
E-filing of July 2010 taxes withheld (on compensation income, income payments subject to expanded withholding tax and income payments subject to final withholding tax by EFPS filers belonging to Group D* (BIR Form Nos. 1601C, 1601E and 1601F)

Tax On Interests
E-filing of final tax withheld on interest paid on deposits and yield on deposit substitute/trust/etc. for July 2010 transactions by EFPS filers belonging to Group D* (BIR Form No. 1602)

13 Friday
Withholding Tax
E-filing of July 2010 taxes withheld (on compensation income, income payments subject to expanded withholding tax and income payments subject to final withholding tax by EFPS filers belonging to Group C* (BIR Form Nos. 1601C, 1601E and 1601F)

SEC
Filing of annual audited financial statements by corporations with taxable year ended 4.30.10 whose securities are registered under the Securities Regulations Code or the Revised Securities Act

16 Monday
Annual Income Tax
Payment of income tax by corporations and partnerships with taxable year ended 4.30.10 (BIR Form Nos. 1702 and 1702 AIF)

Quarterly Income Tax
Payment of quarterly income tax for quarter ended 6.30.10 by Self-Employed Individuals, Estates and Trusts (BIR Form No. 1701Q)

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SME Events

2010 August

12 Thursday
Tax Education: Your Business Protection

12 Thursday - 13 Friday
Effective Selling and Negotiation Skills

Food Safety Risk Analysis


14 Saturday - 21 Saturday
Korean Language and Culture

16 Monday - 17 Tuesday

ISO/IEC 17025 Laboratory Internal Audit

16 Monday - 20 Friday

UCC Video and Adobe Premier Pro

17 Tuesday

Effective Leadership Skills

19 Thursday
Understanding Legal Aspects of Business

Effective Customer Service

19 Thursday - 20 Friday
Effective Purchasing Management

Total Productive Maintenance

20 Friday
Finding the Right Market for the Right Product

23 Monday - 24 Tuesday
Windows Operating System and PC Troubleshooting

   

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SME Power Quote

“If you have an important point to make, don’t try to be subtle or clever. Use a pile-driver. Hit the point once. Then come back and hit it again. Then hit it a third time - a tremendous whack!” – Winston Churchill

SME Products and Services

SME Directory Listing

An effective way to promote, position and package your business.

Timekeeping SME

Biometric technology that guarantees employee recognition in the workplace.

Web Design & Development

An all-in-one service that fits your need to do business online.

eCommerce Enablement

A fully-functional business online is achievable through the site's eCommerce capability.

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.