Archive : July, 2008

He that maketh haste to be rich shall not be innocent

They say that the path to wealth is long and arduous… while the path to a quick buck is short but will usually cost you your soul.

It’s still all up to you, by the way.

  No Comments  |   Category : Inspiration   

Davao Light and Power Corp Success StoryWhat use is a great product if there is no one there to buy it? A question that all business people ask themselves. Davao Light Power Corp had a unique solution to the problem that was facing them when they were still starting out.

It was in the fifties when they were distributing power to the city of Davao. Davao at that time was still the sleeping giant that it was. Mostly rural with only a small city center. Compare that to the bustling and power hungry metropolis that it is today
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  No Comments  |   Category : Business Tips   

AIM Policy CenterThe Asian Institute of Management’s Policy Center released their list of the top 25 cities in the Philippines in which to live, work and operate a business. The survey broke down the cities into metro, mid-sized and small subgroups. The survey took in 90 cities and ranked them according to:

  1. Dynamism of local economy
  2. Cost of doing business
  3. Infrastructure
  4. Human resources and training
  5. Responsiveness of LGU to business needs
  6. Quality of life

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  No Comments  |   Category : Business Reports   

Well if you think your business was bad during the first half of 2008, welcome to the club. Was watching CNN and they said that stock markets set all time record lows during the first half of 2008. The US Dow went down by 14%, which is 4% more than what was experienced during the great depression of the 30’s. Shanghai stock market went far worse as its value sank by 48%. So yes Virginia, we are in a global depression.

Oil didn’t even wait for the half to end as it shot to an all record $140/barrel last week. Oil is in the spot light right now. Despite announcement by Saudi Arabia that they would be increasing output by 500,000 barrels, the oil price still continued to skyrocket.
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  No Comments  |   Category : Trends   

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