Optimistic forecasts

  • New Zealand economic growth slows in Q1

    New Zealand economic growth slows in Q1

    New Zealand economic growth slows in Q1

    New Zealand's economic growth slowed to a crawl in the first quarter of 2013 as a major drought hit the farming sector, according to the latest official data. …

  • Yahoo rejects fears hackers will exploit old user IDs

    Yahoo rejects fears hackers will exploit old user IDs

    Yahoo rejects fears hackers will exploit old user IDs

    By Alexei Oreskovic SAN FRANCISCO (Reuters) - Yahoo Inc on Wednesday downplayed concerns that its plans to recycle inactive user IDs could leave users exposed to hackers, saying only 7 percent of those IDs are tied to actual Yahoo email accounts. The Internet company, which announced last week it would release user IDs that have been inactive for more than 12 months so that other people can claim them, was pressed to defend the plan after critics warned that hackers who take control of inactive …

  • Sao Paulo, Rio revoke transport fare hikes as protests continue

    Sao Paulo, Rio revoke transport fare hikes as protests continue

    Sao Paulo, Rio revoke transport fare hikes as protests continue

    By Asher Levine and Tatiana Ramil SAO PAULO/FORTALEZA, Brazil (Reuters) - Brazil's two biggest cities agreed on Wednesday to revoke an increase in public transportation fares that set off demonstrations that have grown into nationwide protests against poor public services, inflation and corruption. The decisions, made separately in Sao Paulo and Rio de Janeiro, followed another day of protests across Brazil, which also included a march by demonstrators around a major international soccer game …

  • 115K expected at Electric Daisy Carnival in Vegas

    115K expected at Electric Daisy Carnival in Vegas

    115K expected at Electric Daisy Carnival in Vegas

    LAS VEGAS (AP) — Up to 115,000 partiers are expected each night this weekend for a dusk-to-dawn sensory salad of electronic dance music, lights, partying and mingling at a sprawling speedway complex outside Las Vegas. …

  • Analysis: Sprint should raise Clearwire bid to avoid Dish tension

    Analysis: Sprint should raise Clearwire bid to avoid Dish tension

    Analysis: Sprint should raise Clearwire bid to avoid Dish tension

    By Sinead Carew and Liana B. Baker NEW YORK (Reuters) - Sprint Nextel Corp should consider raising its offer price for Clearwire Corp or risk being saddled with a contentious relationship with Dish Network Corp, controlled by feisty billionaire Charlie Ergen. Shareholders of Clearwire, already majority owned by Sprint, will vote on June 24 on Sprint's $3.40-a-share offer to buy the rest of the company. But Clearwire's board has recommended shareholders instead accept a higher, $4.40-a-share …

WHETHER they are established business owners or just like practicing the art of feng shui, most are optimistic that the year of the water snake will be a good year for business.

For feng shui expert Aldric Dalumpines, the arrival in droves of tourists in Cebu to witness the Sinulog Festival was just the start of good things for the province.

“Water snake connotes great money and money-making opportunities, generally, with water being a symbol of money in feng shui. Thus it will rain and flood literally with water and money,” Dalumpines said.

For Chinese business owners in Cebu, the year of the Water Snake could be a turnaround year for most businesses.

Johnie Lim, president and chief executive officer of Body and Sole Franchise Corp., said 2013 is a good year for business because a snake is a very strong creature.

“A snake can symbolize easy movement whether vertical or horizontal. We believe that this is a year of transformation, where any past mistakes can be used to make our dreams come true by starting all over,” said Johnie.

His family maintains two calendars at home: a Philippine calendar and a traditional Chinese calendar so they can plan for the entire year.

The water snake’s qualities like being cunning, aware, graceful, tenacious, and resilient, will make businesses continue to prosper this year, said former Mandaue Chamber of Commerce and Industry (MCCI) president Eric Ng Mendoza.

Construction

He believes industries in Cebu will continue to grow, particularly construction and knowledge/business process outsourcing.

However, Dalumpines warns that the snake’s qualities are not all positive. Snakes are often symbols of traitors.

“Back to back with it is the negative or yin trait of the snake that every success brings envy, betrayal to the victor,” Dalumpines said. In business, one has to watch out for traitors and shortchanging. He also said relationships could be affected because of greed.

This is something Johnie agrees with, saying there will also those who will try to rob others of opportunities and ideas.

Since Cebu is in the southwest, Dalumpines said its location “throws havoc by way of illness” to mothers or matriarchs of companies.

“Thus proper geomancy remedies must be undertaken to avert production disruptions at home and at work, by consulting a geomancer or real feng shui expert accordingly, not just wannabes,” he said.

Growth areas

Asked what industries he believes will do well this year, Dalumpines identified tourism especially water-related entertainment like resorts, hotels, bars, telecoms, load business, internet business and business process outsourcing. He also said lending, banking, micro finance, money transfers, money changing and pawnshops “will reach new peaks.”

With 2013 being an election year, Dalumpines foresees the sectors in food and beverage, construction and real estate to do well. But export companies and overseas workers will have to contend with a strong peso.

For entrepreneurs to take advantage of the bright prospects this year, Mendoza said they should adopt the best practices like good governance, accountability and transparency in their respective businesses.

But whatever positive vibes the year will bring, MCCI president Philip Tan said faith coupled with hard work would make one successful.

“Blindly believing in prosperity in every new year by doing nothing will not make any difference. Hard work coupled with innovation and kindness is a key to peace and continuous blessings in everything we do,” he said.

One who is excited for what the new year has to offer is Richard Lim, president of Johndorf Ventures Corp. Lim believes vast opportunities are in store for his company this year. He said the P1.5 billion worth of housing projects in the Visayas and Mindanao speaks well of how bullish they are.

Families of Chinese descent still observe the many traditions their ancestors had. On the eve of the Chinese New Year, Johnie said they all wear red.

They use red curtains or tablecloths, as it means good energy and luck to the house occupants. They prepare steamed fish for abundance; noodles, which symbolize long life; tikoy, which symbolizes sweetness and family togetherness; and round fruits like mandarin oranges and pineapple as symbols of good luck.

His family also visits Chinese temples to seek guidance, especially when they are planning to build a house, buy a car or expand the business.They also practice the traditional giving of red “ang pao” (Chinese red money envelope) to children and relatives, symbolizing wishes for prosperity and financial well-being.

Dalumpines advised: “As you mind your business this year, do feng shui with a picture of your beneficiaries in mind. Don’t just do it yourself for yourself - that is selfishness.” He reminded entrepreneurs to earn profits the honorable way.

Loading...
  • Earthquake strikes Quezon; shocks felt in metro
    Earthquake strikes Quezon; shocks felt in metro

    A magnitude 4.4 earthquake struck Quezon province at around 7 p.m. Wednesday, with shocks felt in many cities in Metro Manila. …

  • Huawei launches world's slimmest smartphone
    Huawei launches world's slimmest smartphone

    LONDON (Reuters) - China's Huawei unveiled its flagship smartphone, the Ascend P6, at its first standalone launch event on Tuesday, underlining its ambitions to compete with Apple and Samsung in the top tier of mobile technology. The company says the device, at 6.18 mm thick, is the world's slimmest. It has a 5 megapixel front-facing camera, designed for taking "selfies", or pictures of the owner to be shared on social media networks. The company picked the launch date - 6/18 (June 18) - to tie …

  • Pinoys are world's top gin consumers

    Pinoys are the world’s top gin drinkers and the third rum consumers, a report from The Economist said, citing data from International Wine and Spirit Research. …

  • Sotto bats for battered husbands, but...
    Sotto bats for battered husbands, but...

    Manila, Philippines --- Who's afraid of their wives? …

  • PH hailed for bringing sea disputes to UN
    PH hailed for bringing sea disputes to UN

    Manila, Philippines --- The Philippines received plaudits during the third annual conference on the South China Sea hosted recently by the Center for Strategic and International Studies (CSIS) in Washington, DC, for bringing its territorial dispute with China over the West Philippine Sea to a United Nations-backed tribunal. …

Editor’s note:Yahoo! Philippines encourages responsible comments that add dimension to the discussion. No bashing or hate speech, please. You can express your opinion without slamming others or making derogatory remarks.

Odd Stories

  • Paris tackles rudeness to tourists with new manual

    Paris tackles rudeness to tourists with new manual

    Reuters - 6 hours ago
    Paris tackles rudeness to tourists with new manual

    PARIS (Reuters) - One of the world's most visited cities but also famous for its rudeness, Paris has embarked on a campaign to improve its reputation and better cater to the needs of tourists. Waiters, taxi drivers and sales staff in the French capital all too often come off as impolite, unhelpful and unable to speak foreign languages say local tourism chiefs, who are handing out a manual with guidelines on better etiquette. ... …

  • Boston poised to begin condom giveaway in high schools

    Boston poised to begin condom giveaway in high schools

    Reuters - 6 hours ago
    Boston poised to begin condom giveaway in high schools

    By Stephanie Simon (Reuters) - Students at all Boston public high schools may soon be able to obtain free condoms at the front office - as long as they sit through a few minutes of counseling about safe sex - under a policy due to be voted on Wednesday by the school board. Condoms are already available in 19 high schools with on-site health centers. The policy, up for a vote by the Boston School Committee, would expand distribution to all 32 high schools in the system. Parents would have the …

  • 'Drunk' claims upset Ukraine parliament budget hearing

    'Drunk' claims upset Ukraine parliament budget hearing

    Reuters - Tue, Jun 18, 2013
    'Drunk' claims upset Ukraine parliament budget hearing

    KIEV (Reuters) - A parliamentary hearing on Ukraine's budget was suspended for several hours on Tuesday after opposition deputies alleged that a deputy finance minister presenting the budget report was drunk. Anatoly Myarkovsky, first deputy finance minister, spoke for 10 minutes on the government's budget performance in 2012. But when questions were invited, deputies from Ukraine's rowdy opposition called out "He's drunk". One shouted: "Anyone within five meters can tell he reeks like someone …

  • Mexican politicians: going to the dogs, er, cats?

    Mexican politicians: going to the dogs, er, cats?

    Reuters - Tue, Jun 18, 2013
    Mexican politicians: going to the dogs, er, cats?

    By Luc Cohen MEXICO CITY (Reuters) - Fed up with politicians they call "rats," a group of friends in the eastern Mexican city of Xalapa have put forward their ideal candidate for mayor: a cat named Morris. Xalapa resident Sergio Chamorro, who adopted the cat in August, said the plan began as a joke between friends borne out of their frustration with the Veracruz state government over freedom of speech. "Fed up of voting for rats? Vote for a cat," reads one campaign poster featuring the black …

  • Royal baby to give almost $400 million bump to British economy

    Royal baby to give almost $400 million bump to British economy

    Reuters - Mon, Jun 17, 2013
    Royal baby to give almost $400 million bump to British economy

    By Belinda Goldsmith LONDON (Reuters) - From Union Jack booties to "Born to Rule" sleepwear, the British royal family has joined retailers in offering baby products to mark the arrival of the royal heir. Analysts estimate the baby fever could boost the economy by 240 million pounds ($380 million). A baby sleepsuit modeled on a guardsman's outfit is one of the gifts on sale at palace shops by the Royal Collection Trust, which uses all profits for the upkeep of the royal palaces. ... …

  • The theater odyssey of Nonon Padilla VERA Files - The Inbox

    By Pablo A. Tariman, VERA Files Everyone in the theater circuit agree that the Philstage Gawad Buhay life achievement award in theater for Felix “Nonon” Padilla was well-deserved. Padilla started in Philippine Educational Theater Association (PETA) in the company of … Continue reading → …

  • The near saint from an Igorot mission school VERA Files - The Inbox

    By Elizabeth Lolarga, VERA Files Photos from the book The Odyssey of an Igorot Mission Girl For a woman who formally entered school at age 10, Esperanza Daliwa Somebang of Nadatngan, Mountain Province, travelled far and wide, a great believer … Continue reading → …

  • The evolution of the Filipino teleserye VERA Files - The Inbox

    By Pablo A. Tariman, VERA Files Friday night last week, it seemed everyone who owns a TV set was glued on the final airing of the Channel 2 teleserye, “Ina, Kapatid, Anak” directed by Don M. Cuaresma and Jojo A. … Continue reading → …

  • Quezon City courts go digital; more transparent system seen VERA Files - The Inbox

    By Mikha Flores, VERA Files The Supreme Court launched on Friday an electronic filing system that will digitize judicial processes in trial courts in Quezon City. Dubbed as “eCourt”, the system uses case management software that will allow judges and … Continue reading → …

  • LGBT Pride Month—more than just about street parties VERA Files - The Inbox

    By Patrick King Pascual, VERA Files Festive street parties, parades and marches usually mark the annual celebration of Pride month in June by the Lesbian, Gay, Bisexual and Transgender (LGBT) community in the country and elsewhere. “But Pride Month is … Continue reading → …

POLL
Loading...
Poll Choice Options