The Manila Business Landscape is Bustling for those HustlingManila Business: Interested in being matched with and learning from an established business owner here in Manila? (Please scroll down and contact Manilatop10 below.) In print form all over Manila & with with all-encompassing listings for selling and buying, here are two online sites that can connect you with a source to make an exchange or add to your knowledge base on current franchise pricings or business opportunities. Both AyosDito & Buy & Sell include the categories and geographical locations that you would want to explore availability on. Should you want a hard copy via mail or personalized follow-up here in Manila, simply include a short request below. The World Bank has upgraded its growth outlook for the Philippines in 2010 to 3.5% from 3.1%. One contributing factor is the expected increases in OFW remittances that were originally seen to take a bigger hit due to the global economic crisis. Having read where some countries have greatly reduced their hiring practices, it seems reasonable to accept that many of these workers were realigned to another location, along with the growth in other places, such as the upcoming hiring’s in Guam. This Business Mirror article just out today, confirms that Guam is of regional interest. It captures some of the forecasted effects of the build-up in Guam. Guam was recently promoting tourism at the SMX Convention center adjacent to the Mall of Asia and one of the owners of a Overseas Employment Agency assured me last month that coordinated preparations are underway. All signs point toward job placements that are closer to home for many Filipinos, since Guam is 3hrs and 40mins to the East by air travel.
manila business on sulit with manilatop10 :) Sulit has listed a few current events for October 2011. Read about them here: Internet Marketing Boot Camp & THE 5TH SEARCH ENGINE MARKETING CONFERENCE 2011 are two of them! The overall forecast for the Philippine economy and business growth is positive and one need only look at the almost 1,000% increase in Call Center operations over the last 3-7 yrs. to understand the potential. Perhaps, once the National Elections are finalized and a "peaceful" transition takes place, the continued growth in the northern "free" economic zones will continue and spread more.
6/7/2010: MarketWatch reports that Teleperformance has selected the Philippines for its Asian Regional Headquarters.This is a solid endorsement of the Philippine economy and the outlook for business in Manila. "Teleperformance, the world's leading provider of outsourced CRM and contact center services, today announced they have selcted the premier site, Alphaland, as the location for a new contact center facility and Asian regional headquarters. The 20-story, state-of-the-art Alphaland building is located in the central Makati area of Manila." "Teleperformance is one of the pioneers of contact center outsourcing in the Philippines, with the company's first Philippines operation established in 1996. The total number of Teleperformance employees in the country is over 13,000." Are you looking for a Social Media management tool for your business? Audrey Watters, writes that "Social Media Management System Spredfast Secures Series A Funding." "Spredfast supports companies at both the enterprise and SMB levels, allowing businesses to manage their social media campaigns through a single dashboard. Spredfast incorporates data from multiple platforms, including Facebook, Twitter, LinkedIn, YouTube, Flickr and most blogging platforms (such as Wordpress, Blogger and MoveableType)" Maybe Google Business Solutions is the better choice? Visit Google News and explore YOUR best option. Some reasons to be bullish on manila business & the Philippines include statistics from 2001 to recent times:
Do You require freight forwarding for your manila business BOC requirements? Visit the The Bureau of Customs, Philippines: official website & contact manilatop10 for our recommendations that include a family owned enterprise in Las Pinas with global clients. I have a deep appreciation for the Overseas Filipino Worker, and will delve into that topic soon. I stopped into a POEA office today that was full of applicants and this particular location was only serving one country in the Middle East! As a primer, I recommend watching some of the movies that tackle the complexity of this integral part of the Filipino presence around the globe. Watch the movie from 2005, "Miss Pinoy" which shows how hard it can be to make good use of money earned abroad & "Caregiver" from 2008 which illustrates the the focus required to triumph no matter the obstacle faced. According to Bloomberg, dated May 17th, 2010, "Money sent back to the Philippines increased 5.6 percent from a year earlier to $1.55 billion in March, the central bank said in a statement in Manila today. The funds rose 7.1 percent in February." It is a huge part of the economy here! Are YOU an entrepreneur, filtrepreneur or simply just curious about the prospects of starting your own manila franchise? Right now, there is a shuttle van parked near a 7-11 to transport workers to their jobs with TeleTech. This is an established company that employs nearly 50,000 people in 17 countries; that's good for manila business! Visit HirePoint to discover if you have a call center career option with TeleTech in the Philippines.
It is good to be a student of business = Manila Business Note: With global apps projected to attract over 6 billion on consumer spending in 2010 alone coupled with the pervasive use of mobile phones in the Philippines, an amazing opportunity exists. How will you capitalize on this growth? The overall entrepreneurial spirit within the Philippines and the growth within Asia and the Philippine economy offers many opportunities. 6/2/2010: Jerome Aning writes in the Philippine Daily Inquirer that "Workers’ group backs P75 wage hike in Metro" "Says daily family living wage now at P1,000" The announcement of the wage increase amount will come out later in the week and will be an important decision for those making ends meet at the lower end of the Philippine economy. Business World reported on 6/7/2010 that wages will increase by P22 & not the hoped for P75. "Minimum wages in Metro Manila currently range from P345-382 per day. A P22 increase would bring this up to P367-404. The last adjustment, which took effect in June 2008, added P15 to the basic rate and included a P5 cost of living allowance that was later integrated."
The 15th Graphic Expo 2010 & the Photo-Video Expo 2010.GMA News reported on 8/30/2010 that "Over 300 workers lose jobs after US firm closes down in Manila." "An American businessman based in the Philippines is in hot water for allegedly closing his company without properly notifying his over 300 workers, the Department of Labor and Employment (DOLE) said on Monday." "Over 350 workers lost their jobs when Laurence Fishman, citing bankruptcy, shut down Skytech International Dental Laboratories Inc. in Sta. Mesa, Manila. They also did not get their last salaries and separation benefits." Want to exchange links here or via a Link Exchange, try Linkspro.
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