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Cathay Pacific Airlines
Cathay Pacific Airlines entered the airline business in 1946 firmly dedicated to providing fast and reliable service
throughout the West Indies and the world. Today, Cathay Pacific continues to maintain that standard
with 14,000 Cathay Pacific employees and 87 Cathay Pacific aircraft. Cathay Pacific serves 43 destinations throughout the
Asia, North America and Europe with the major Cathay Pacific hub in Hong Kong. With dedicated service and 167 daily Cathay Pacific departures, Cathay Pacific Airlines has proven itself as a leader
in world travel.
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Investment in the Philippines
The Philippines offers you and your company, quality manpower
resources, strategic business location, liberalized and business friendly economy, hospitable lifestyle and unlimited business
opportunities. The Philippines provides a natural gateway to other Asia-Pacific economies. It has flourishing trade links with its Asian neighbours
due to shared history, cultures and tradition. A strategic location for your global exports, The Philippines has a stable
& democratic government committed to free enterprise. The Philippines, as a democratic, predominantly Christian country. The Philippines is
fast becoming the preferred haven for foreign investments in the Asia-Pacific region. Its investment climate is conducive
more than ever to foreign investors.
Investments are most welcome in the Philippines. In general,
anyone, regardless of nationality, is welcome to invest in the country. For most economic activities, restriction on foreign
investments is on the extent of ownership allowed for a particular activity.
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Competitive
The Philippines has a continuing economic and financial reform
program to be more competitive in the international market. It has rid itself of excessive government regulations and has
liberalized all sectors of its economy. Telecommunications, shipping, oil, banking, and insurance industries have been deregulated.
Strategically located, the Philippines provides a natural gateway to other Asia-Pacific economies. It has flourishing trade links
with its Asian neighbors due to shared history, cultures, and tradition.
Democracy is at its best with true checks and balances in the Executive, Legislative, and Judicial branches of government.
Freedom of speech is upheld at all times and the Philippine press remains the freest and most open in Asia if not in the world. Economic reforms are in place and continues to be
improved. Business is liberalized, promotional and less regulatory, and attuned for global competition. Basic rights and guarantees
of investors include repatriation of investments, remittance of earnings, access to foreign loans and contracts, freedom from
expropriation and non-requisition of investments.
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Cebu Pacific
Cebu Pacific brings people together through an affordable, reliable mode of travel—a fun-filled experience that's
delivered with a true heart and soul for service. This company enhances the quality of life of the communities they serve and are an active partner in the nation's progress.
Cebu Pacific is internationally renowned as the most successful low-cost carrier in the Asia-Pacific region. A reliable carrier that takes pride in being the best domestic
airline, the Filipino travelers' first choice and reputed for our unparalleled genuine, warm and caring service.
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Cebu Pacific Air is a low-cost airline based in Pasay City, Manila, the Philippines. It is the country's
second largest airline after Philippine Airlines. Its main base is Ninoy Aquino International Airport, Manila, with a hub at Mactan-Cebu International Airport.
The airline is a subsidiary of JG Summit Holdings, controlled by the Gokongwei family. Cebu Pacific is currently headed by Lance Gokongwei, presumptive heir of John Gokongwei, the chairman emeritus of
JG Summit.
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Philippine Airlines
Philippine Airlines is the national airline of the Philippines. It is the first commercial airline in Asia and the oldest of those currently in operation. With its corporate headquarters
in Makati City, Philippine Airlines flies both domestic and international flights. Its
main hub is Manila's Ninoy Aquino International Airport in the city of Parañaque with all its passenger flights involving Manila in Centennial Terminal 2. Philippine Airlines has always maintained its quest to become
a world-class airline for people all over the world.
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An Ideal Place
Full (100%) foreign ownership of enterprises, facilitative assistance and simplified investment procedures,
priority investment projects are in export-oriented industries, among others.
Abundant supply of quality labor with a large pool of knowledge-based, multi-skilled, highly-educated,
highly-trainable, literate, English-speaking workforce. Low employment turnover (less than 1%), high productivity yields,
highly adaptable to model changes, and familiar to quality work needs.
Foreigner-friendly people. Culturally adaptable people. World-renowned for their hospitality.
Ideal place for expatriates and their families. Availability of quality primary, secondary and tertiary
education. Housing facilities meet western standards at very reasonable rates. Availability of quality health care services.
Best sporting and recreational facilities.
A market composed of 76.5 million Filipino consumers and exposure to western culture and a relatively
well-educated, English-speaking population.
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SM Prime Holdings
SM Prime Holdings is the Philippines' largest mall operator. It owns and runs
world-class malls all over the country, providing millions of square meters of floor area for a fully integrated shopping,
dining, and entertainment experience. It was incorporated on 06 January 1994 to develop, conduct, operate and maintain the SM commercial shopping centers and
all businesses related thereto, such as the lease of commercial spaces within the compound of shopping centers. The Company's
main sources of revenues include rental income from mall and food courts, cinema ticket sales and amusement income from bowling
and ice-skating.
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Clark Special Economic Zone
Clark Special Economic Zone, Philippines, your viable trade and investment link to Asia and the rest of
the world. The ideal balance: of industry and nature thriving in perfect harmony.
The best location: right at the heart of Asia, from one and a half to four hours away from
all major destinations in the region. Easily accessible: by sea, via two major
seaports in Subic and Manila - inter connected by toll roads.
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With the Diosdado Macapagal International Airport(CRK) as the centerpiece of development, Clark is directed towards becoming an airport-driven metropolis that will spur growth
within the region. The 2500-hectare airport complex is one of the biggest in Asia with two (2) 3.2-kilometer parallel runaways
that can be extended further to 4 kilometers. It can easily accommodate
the new generation of large and wide-bodied aircrafts such as the Airbus 380. At present, the airport facilitates cargo operations, but it is projected to be the country’s main international
gateway for all forms of commercial aviation in the future.
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ACS
Welcome to Advanced Contact Solutions, Inc. one of the Philippines' first and leading providers of outsourced multi-contact solutions. In every
phase of the sales cycle, from customer acquisition through retention, ACS helps your company with varying customer demands
for Inbound, Outbound, Research and Business Process Outsourcing.
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Centrally located
The Philippines. centrally located in the world's fastest
growing region -Asia. Within two to four hours flight to the neighboring
economic dragons of Japan, Korea, Hong Kong, Taiwan, Singapore, Thailand, Malaysia, Indonesia, and other Asian emerging countries
like Vietnam. Tropical geographic climate.
High Quality Labor, Largest English-speaking population in Asia. One of the most highly educated labor forces in the region, with a literacy rate of 93.5%.
Large availability of skilled managerial, technical, and computer-literate personnel. Highly competitive and affordable
labor rates. Population of 67 million represents a large domestic market.
Positive Business and Economic Environmenl, Government commitment to economic development has led to a more liberal
open market policy, stable business environment, and growth opportunities.
More areas of investment now open to foreign equity of up to 100%. Investment incentives include tax holidays, tax
credits, duty-free importation of capital equipment, liberal foreign exchange policy, establishment of special investment
zones. Ongoing government and private development and support of infrastructure including roads, air and sea ports, water
and power supply, telecommunication systems. High quality lifestyle at an affordable cost of
In addition to being excellent workers, Filipinos are easy to live and work with. Also the flexibility and adaptability
of the people when faced with new challenges, and a country with no discrimination issues.
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JOLLIBEE
Jollibee is one of the Philippines' business success stories. Starting in 1975 as a two-branch ice cream
parlor, it later expanded its menu to include hot sandwiches and other meals. Jollibee has grown to be so well loved that
every time a new store is opened, especially overseas, Filipinos form long queues to the store without fail. It is not just
a place where they feel at home; it is a stronghold of heritage, a monument of Filipino victory.
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Second least stressfull
The Philippines is ranked the second least stressful country
in Asia for expatriates to live in, tying with Malaysia. The Filipino people have a tendency to make the most of a bad situation" and do not forget the almost indefatigable optimism
of the people. They are so easy to deal with and adjust so easily to environments. When you work with Filipinos, properly
trained and motivated - they’re second to none as far as working is concerned.
Aiming to further enhance the framework for investments and doing business in the Philippines, the government has been instituting key
regulatory reforms of far-reaching significance for the country. These reforms respond to the demands of globalization and
the increased call for corporate integrity and ethics.
Investments are most welcome in the Philippines. In general, anyone, regardless of nationality, is welcome to invest in the
country. For most economic activities, restriction on foreign investments is on the extent of foreign ownership allowed for
a particular activity.
The Philippine Constitution guarantees the basic rights of all investors and enterprises, including freedom from expropriation
without just compensation, the right to remit profits, capital gains, and dividends within the guidelines of the BSP, the
country’s central monetary authority. The right to remit the proceeds of the liquidation of investments and the right
to obtain foreign exchange to meet principal and interest payments on foreign obligations
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International Academy of Film and Television
Located in Cebu, Philippines, IAFT provides students with an intense training experience in (digital) filmmaking
by utilizing state-of-the-art production equipment and post-production facilities. IAFT offers a specialized curriculum combining
theory with application under the mentorship of top professionals. The seaside campus offers a One-Year Diploma Program in
Digital Filmmaking and short courses on directing, editing, cinematography, animation and more.
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Corporate Taxation
For tax purposes, corporations are classified as domestic or foreign depending on the place of incorporation. A foreign
corporation is either resident or non-resident.
Domestic Corporation and Resident Foreign Corporation:
The regular corporate income tax rate for both domestic and resident foreign corporation is 35%. For domestic corporations,
the tax base is net worldwide income whilst for resident foreign corporations, the tax base is net Philippine-source income.
Capital gains of domestic and resident foreign corporations generally are subject to the regular 35% corporate tax
rate.
Any profit remitted by a branch to its head office is generally subject to a tax of 15%.
Non-resident Corporations:
Generally, Philippine-source incomes of non-resident foreign corporations such as dividends, rents, royalties, compensation,
remuneration for technical services and capital gains are subject to a tax of 35% on the gross amount.
Timing of Tax Payment:
Corporate taxpayers may use the calendar year ending 31 December as their taxable year. However, fiscal years may also
be adopted.
Withholding of Taxes:
The taxes due on the income of a non-resident foreign corporation is withheld at source.
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Palmolive TV Commercial
Looking
good is important in the Philippines. Young Filipinos pride themselves on their
looks and deservedly so. Filipinos are a beautiful people, a product of a beautiful heritage. Even the men haven't been spared
the urge to look good, and in recent years they have become increasingly willing to splurge on beauty products, , their being
Pinoy means they will spend more time on their looks than most other people.
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Agriculture
The agriculture sector received a boost with the passage of the Agriculture and Fisheries Modernization
Act (AFMA) by the Philippine Congress in 1997. Among the measures introduced by AFMA to promote investments in agriculture
is the tax- and duty-free entry of imported agricultural inputs, equipment and machineries into the country. AFMA also seeks
to encourage the improvement of countryside infrastructure critical to the development of the agricultural sector, such as
irrigation systems, and farm-to-market roads and bridges.
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Banking
Ten foreign banks were allowed to set up Philippine branches in 1994, by virtue of the Foreign Banks
Liberalization Act. The General Banking Law of 2000 further relaxes the limitations set on foreign ownership of banks in the
country. Within seven years from its passage, foreign banks may acquire up to 100% of the voting stock of domestic banks.
Foreign banks with domestic equity of 60% or less now have the option to increase their holdings to 100%. The law also significantly
expands the supervisory and regulatory powers of the country's central monetary authority, the Bangko Sentral ng Pilipinas,
with a view to further strengthening the banking sector. Moreover, a bank can now use any or all of its branches as outlets
for the presentation and/or sale of financial products of its allied undertakings or of its investment house units, subject
to the prior approval of the Monetary Board.
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Phinma Property Holdings Corporation
PPHC is the leader in Affordable Medium Rise Housing in Metro Manila.
Here the company feature it's projects list, news, as well as other informative data useful to home buyers such as their hit feature - How to Build Your Own Home.
This 5-minute AVP shows you what PPHC is all about and what kind of projects this
company delivers.
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The Century Properties Group
Since 1986, Century Properties has been developing, managing, and marketing the most exceptional
residential, corporate, and leisure developments in the Philippines. The Pacific Star Building, The Riviera Golf and Country Club, The Asian Hospital
Medical Suites, and the award winning Essensa East Forbes in Fort Bonifacio are only a few of over sixty major projects in
its very impressive portfolio.
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