Author: WILMAR NICOLAS DULDULAO

  • A Definitive Guide to Choosing the Right Motorcycle Jacket

    A Definitive Guide to Choosing the Right Motorcycle Jacket

    Are you on the lookout for the right motorcycle riding jackets? Take note that the right jacket does not only have to be stylish. It has to be comfortable and it has to be safe to use. Do you know that there are some motorcycle jackets that are made with fabrics that will harm your skin? You do not want to suffer from allergies while you are on the road, right?

    There are some things that you ought to remember so that you can pick the motorcycle jacket that you can use all over and over again.

    • Have some patience in choosing. You will come across a wide variety of jacket. Some of these jackets will look very nice but may not do what they are supposed to do which is to protect you. Some jackets are overpriced. There are also some that will start breaking down after being used a few times. Finding the right jacket will require time and effort. You need to be prepared for that. Find some motorcycle jackets for men that will fit your style and budget.
    • If you belong to a motorcycle club, finding the right men’s motorcycle jacket will be far easier. You need to find a jacket that comes with the emblem or the logo of your club. It will be displayed at all times. The jacket will be similar to a uniform that you will wear when you are out riding with the rest of your clubmates.
    • Style is always one of the first things that you will think about but what is the sense of having a stylish jacket when you can barely wear it because it will not keep you safe? There are people who get into motorcycle accidents every day. You need to have the right jacket that will have the ability to protect you if in case you get into any road altercation.
    • The fit of the motorcycle jacket is one of the things people normally forget about when they are trying to make the right choice. The motorcycle jacket should be able to cover your back while you ride. Otherwise, it will not be able to protect you that well.
    Klim Motorcycle Jacket

    Have you gathered enough details to find the right motorcycle jacket? Hopefully, the things that you have learned are enough to help you choose.

  • Relevance of Keeping of Books of Accounts

    Who are required to Keep Books of Accounts? Do you think Corporations, Companies, Partnerships or Persons need to keep Books of Accounts?

    Generally, Books of Accounts are use in recording all relevant transactions not only for the purpose of internal revenue taxes but for the preparation of Financial Position (Balance Sheet), Results of Operations (Income Statement), Statement of Cash Flows and other relevant reports of the business activities.

    Sec. 71 of RA No. 10963 further amends Section 232 of the NIRC as follows:

    “SEC. 232. Keeping of Books of Accounts.

    “(A) Corporations, Companies, Partnerships or Persons Required to Keep Books of Accounts. – All corporations, companies, partnerships or persons required by law to pay internal revenue taxes shall keep and use relevant and appropriate set of bookkeeping records duly authorized by the Secretary of Finance wherein all transactions and results operations are shown and from which all taxes due the Government may readily and accurately be ascertained and determined any time of the year: Provided, That Corporations, companies, partnerships or persons whose gross annual sales, earnings, receipts or output exceed Three million pesos (P3,000,000), shall have their books of accounts audited and examined yearly by independent Certified Public Accountants and their income tax returns accompanied with a duly accomplished Account Information Form (AIF) which shall contain, among others, information lifted from certified balance sheets, profit and loss statements, schedules listing income-producing properties and the corresponding income therefrom and other relevant statements.

    Republic Act (RA) No. 10963 shall be known as the “Tax Reform for Acceleration and Inclusion (TRAIN)” took effect on January 1, 2018.

    Please refer: https://www.bir.gov.ph/images/bir_files/internal_communications_1/TRAIN%20matters/RA-10963-RRD.pdf of the full text of RA No. 10963.

  • Do You Consider Leasing Of Commercial Or Residential Units?

    In general, owning of land and building are major aspects to consider in putting-up a business for Leasing of Commercial or Residential Units. Do you still consider Leasing of Commercial or Residential Units as investment for your family in the future?

    I have read books of different authors with regards of business plans and implementations. A Feasibility Study is important for investors and business owners in order for them to analyze and to know the important factors to consider in putting up of a business.

    Aside of identifying the capital and financial aspects, you may have to consider the location, geography, target customers, building plan, security concerns and other factors to consider of a successful business.

    At the end of the day, after you have established and ready to operate of your business either Leasing of Commercial or Residential Units, Financial and Tax Planning are factors that you’ll consider of the daily, weekly or monthly operations of your business. Reading books and regulations or hiring or seeking advice to consultants are options to consider of a successful financial and tax aspects in a successful business.

  • Better Together: Travel Smart Like Vern and Verniece Enciso

    Better Together: Travel Smart Like Vern and Verniece Enciso

    To have a sister is nothing but wonderful. It is like an added cushion for extra comfort or a partner that stands by you through it all. For travel and fashion bloggers Vern and Verniece Enciso, it is all about trying new adventures, being playful with concepts for every place they visit, and indulging in the musts in pursuit of their desire for travel.

    Vern and Verniece

    “I scan the best place to take pictures and videos. We also plan our outfits with that place in mind,” Verniece said when asked on tips for new travelers.

    Before being two of the most influential travel bloggers today, Vern and Verniece were not as close as how much they are now. Both blogging and traveling made their relationship as sisters profounder and more meaningful.

    “Verniece and I are always on the lookout for good street food because I think that’s how you could know a place. We’re lucky because we always split the bill,” said Vern.

    Vern and Verniece have a working budget whenever they travel.

    When planning a trip, Vern usually takes time to search for the nicest hotel and cheapest flights while Verniece plans for the itinerary. Both are also on quest for boutique hotels that are way cost-efficient but offer the same service you can find on high-end hotels.

    “That’s my hack―when you go to a site like TravelBook.ph, you could search and look for the newest boutique hotels that usually have promos,” explained Vern.

    Vern and Verniece

    Like Vern and Verniece, be practical and travel smart when you use the TravelBook.ph mobile app. With more than 3,000 hotel partners and a wide-range of tours and activities all around the country, make sure to experience the best of the Philippines! Download the app now on Android and iOS!

    Travel Book PH

    Hyacinth Anne Uri

    PR Manager

  • Cybersecurity Threats To Cost Organizations In The Philippines US$3.5 Billion In Economic Losses

    Cybersecurity Threats To Cost Organizations In The Philippines US$3.5 Billion In Economic Losses

    Microsoft and Frost & Sullivan Study reveals that:

    • A large-sized organization in the Philippines can possibly incur an economic loss of US$7.5 million, more than 200 times the average economic loss for a mid-sized organization
    • Cybersecurity attacks have led to job losses in seven in ten (72%) organizations over the last year
    • Cybersecurity concerns delay Digital Transformation plans
    • Organizations are increasingly leveraging Artificial Intelligence to enhance their cybersecurity strategy

    A Frost & Sullivan study commissioned by Microsoft revealed that the potential economic loss in the Philippines due to cybersecurity incidents can hit a staggering US$3.5 billion. This is 1.1 percent of the Philippines’ total GDP of US$305 billion.

    The study, titled “Understanding the Cybersecurity Threat Landscape in Asia Pacific: Securing the Modern Enterprise in a Digital World”, aims to provide business and IT decision makers with insights on the economic cost of cybersecurity breaches in the region and identify the gaps in organizations’ cybersecurity strategies. The study involved a survey of 1,300 business and IT decision makers ranging from mid-sized organizations (250 to 499 employees) to large-sized organizations (>than 500 employees).

    The study reveals that more than half of the organizations surveyed in the Philippines have either experienced a cybersecurity incident (18%) or are not sure if they had one as they have not performed proper forensics or data breach assessment (34%).

    “As companies embrace the opportunities presented by cloud and mobile computing to connect with customers and optimize operations, they take on new risks,” said Hans Bayaborda, Managing Director, Microsoft Philippines. “With traditional IT boundaries disappearing the adversaries now have many new targets to attack.

    Companies face the risk of significant financial loss, damage to customer satisfaction and market reputation — as has been made all too clear by recent high-profile breaches.”

    The True Cost of Cybersecurity Incidents – Economic, Opportunity and Job Losses.

    The study revealed that:

    • A large-sized organization in the Philippines can possibly incur an economic loss of US$7.5 million, more than 200 times higher than the average economic loss for a mid-sized organization (US$35,000); and
    • Cybersecurity attacks have resulted in job losses across different functions in seven in ten (72%) organizations that have experienced an incident over the last 12 months.

    To calculate the cost of cybercrime, Frost & Sullivan has created an economic loss model based on macro-economic data and insights shared by the survey respondents. This model factors in three kinds of losses which could be incurred due to a cybersecurity breach:

    • Direct: Financial losses associated with a cybersecurity incident – this includes loss of productivity, fines, remediation cost, etc;
    • Indirect: The opportunity cost to the organization such as customer churn due to reputation loss; and
    • Induced: The impact of cyber breach to the broader ecosystem and economy, such as the decrease in consumer and enterprise spending.

    “Although the direct losses from cybersecurity breaches are most visible, they are but just the tip of the iceberg,” said Edison Yu, Vice President and Asia Pacific Head of Enterprise for Frost & Sullivan. “There are many other hidden losses that we have to consider from both the indirect and induced perspectives, and the economic loss for organizations suffering from cybersecurity attacks can be often underestimated.”

    In addition to financial losses, cybersecurity incidents are also undermining the Philippines organizations’ ability to capture future opportunities in today’s digital economy, with more than half (57%) respondents stating that their enterprise has put off digital transformation efforts due to the fear of cyber-risks.

    Key Cyberthreats and Gaps in the Philippines Organizations’ Cybersecurity Strategies

    Although high-profile cyberattacks, such as ransomware, have been garnering a lot of attention from enterprises, the study found that for organizations in the Philippines that have encountered cybersecurity incidents, data exfiltration and data corruption are the biggest concern as they have the highest impact with the slowest recovery time.

    Besides external threats, the research also revealed key gaps in organizations’ cybersecurity approach to protect their digital estate:

    • Security an afterthought: Only 44% of organizations consider cybersecurity before the start of a digital transformation project. Majority of respondents (56%) either think about cybersecurity only after they start on the project or do not consider it at all. This limits their ability to conceptualize and deliver a “secure-by-design” project, potentially leading to insecure products going out into the market;
    • Creating a Complex Environment: Negating the popular belief that deploying a large portfolio of cybersecurity solutions will render stronger protection, the survey revealed that 17% of respondents with more than 50 cybersecurity solutions could recover from cyberattacks within an hour. In contrast, more than twice as many respondents (38%) with fewer than 10 cybersecurity solutions responded that they can recover from cyberattacks within an hour; and
    • Lacking cybersecurity strategy: While more and more organizations are considering digital transformation to gain competitive advantage, the study has shown that 46% of respondents see cybersecurity strategy only as a means to safeguard the organization against cyberattacks rather than a strategic business enabler. A mere 25% of organizations see cybersecurity strategy as a digital transformation enabler.

    “The ever-changing threat environment is challenging, but there are ways to be more effective using the right blend of modern technology, strategy, and expertise,” added Hans. “Microsoft is empowering businesses in the Philippines to take advantage of digital transformation by enabling them to embrace the technology that’s available to them, securely through its secure platform of products and services, combined with unique intelligence and broad industry partnerships.”

    Artifical Intelligence (AI) is the Next Frontier in Cybersecurity Defense

    In a digital world where cyberthreats are constantly evolving and attack surface is rapidly expanding, AI is becoming a potent opponent against cyberattacks as it can detect and act on threat vectors based on data insights. The study reveals that more than almost four in five (79%) organizations in the Philippines have either adopted or are looking to adopt an AI approach towards boosting cybersecurity.

    AI’s ability to rapidly analyze and respond to unprecedented quantities of data is becoming indispensable in a world where cyberattacks’ frequency, scale and sophistication continue to increase.

    An AI-driven cybersecurity architecture will be more intelligent and be equipped with predictive abilities to allow organizations to fix or strengthen their security posture before problems emerge. It will also grant companies with the capabilities to accomplish tasks, such as identifying cyberattacks, removal of persistent threats and fixing bugs, faster than any human could, making it an increasingly vital element of any organizations’ cybersecurity strategy.

    Recommendations for securing the modern enterprise in a digital world

    AI is but one of the many aspects that organizations need to incorporate or adhere to in order to maintain a robust cybersecurity posture. For a cybersecurity practice to be successful, organizations need to consider People, Process and Technology, and how each of these contributes to the overall security posture of the organization.

    To help organizations better withstand and respond to cyberattacks and malware infections, here are five best practices that they can consider in improving their defense against cybersecurity threats:

    • Position cybersecurity as a digital transformation enabler: Disconnect between cybersecurity practices and digital transformation effort creates a lot of frustration for the employees. Cybersecurity is a requirement for digital transformation to guide and keep the company safe through its journey. Conversely, digital transformation presents an opportunity for cybersecurity practices to abandon aging practices to embrace new methods of addressing today’s risks;
    • Continue to invest in strengthening your security fundamentals: Over 90% of cyber incidents can be averted by maintaining the most basic best practices.  Maintaining strong passwords, conditional use of multi-factor authentication against suspicious authentications, keeping device operating systems, software and anti-malware protection up-to-date and genuine can rapidly raise the bar against cyberattacks. This should include not just tool-sets but also training and policies to support a stronger fundamental;
    • Maximize skills and tools by leveraging integrated best-of-suite tools. The best tools are useless in the hands of the amateur. Reduce the number of tools and the complexity of your security operations to allow your operators to hone their proficiency with the available tools. Prioritizing best-of-suite tools is a great way to maximize your risk coverage without the risk of introducing too many tools and complexity to the environment. This is especially true if tools within the suite are well-integrated to take advantage of their counterparts;
    • Assessment, review and continuous compliance: The organization should be in a continuous state of compliance. Assessments and reviews should be conducted regularly to test for potential gaps that may occur as the organization is rapidly transforming and address these gaps. The board should keep tab on not just compliance to industry regulations but also how the organization is progressing against security best practices; and
    • Leverage AI and automation to increase capabilities and capacity: With security capabilities in short supply, organizations need to look to automation and AI to improve the capabilities and capacity of their security operations. Current advancements in AI has shown a lot of promise, not just in raising detections that would otherwise be missed but also in reasoning over how the various data signals should be interpreted with recommended actions. Such systems have seen great success in cloud implementations where huge volumes of data can be processed rapidly. Ultimately, leveraging automation and AI can free up cybersecurity talents to focus on higher-level activities.

     

    Security experts discuss the economic impact of cybersecurity in the PH during Microsoft’s study launch. From L-R Hans Bayaborda, Managing Director

    For more information on the study, please visit:
    https://news.microsoft.com/apac/features/cybersecurity-in-asia/ ‎

    To better understand the cyberthreats happening globally and in Asia Pacific, please download the Microsoft Security Intelligence Report Volume 23 here: https://info.microsoft.com/ww-landing-Security-Intelligence-Report-Vol-23-Landing-Page-eBook.html

    About the “Understanding the Cybersecurity Threat Landscape in Asia Pacific: Securing the Modern Enterprise in a Digital World” Study

    This study involved a survey conducted with 1,300 respondents from 13 markets – Australia, China, Hong Kong, Indonesia, India, Japan, Korea, Malaysia, New Zealand, Philippines, Singapore, Taiwan and Thailand.

    All respondents are business and IT decision-makers involved in shaping their organizations’ cybersecurity strategies. 44% of them being business decision-makers, including CEOs, COOs and Directors, while 56% are IT decision-makers, including CIOs, CISO and IT Directors. 29% of participants are from mid-sized organizations (250 to 499 staff); and 71% are from large-sized organizations (more than 500 staff).

    About Microsoft

    Microsoft (Nasdaq “MSFT” @microsoft) enables digital transformation for the era of an intelligent cloud and an intelligent edge. Its mission is to empower every person and every organization on the planet to achieve more.

    For more information, please contact:

    Microsoft Philippines
    Yna Maclang
    Communications Lead
    v-marmac@microsoft.com

    M2.0 Communications
    Cathy Llanes
    Media Relations Manager
    +639175820573
    cathy.llanes@m2comms.com

  • Microsoft Build 2018 – The Forces that will Shape The Future

    Microsoft make big announcements on what’s next in AI, cloud computing, and machine learning.

    Build is Microsoft’s big annual developer conference where they share their vision for technology and seek to empower everyone to be more productive. First held in 2011, Microsoft Build is an event aimed towards enabling software engineers and web developers using Windows, Windows Phone, Microsoft Azure, and other Microsoft technologies.

    At Build 2018, Microsoft continues to pursue its mission to empower more people and organizations through the forces that will shape the future—particularly AI, Machine Learning, Cloud Computing, and App Development.

    Satya Nadella, Microsoft’s CEO, opened the conference with a view on opportunity and responsibility. “When we talk about limitless opportunity, it’s about truly figuring out how to empower more people and more organizations. We have a real responsibility as we think about the impact of technology…to ensure that technology is reaching everyone.”

    Technology is weaved into every fabric of our modern lives while software is now also a major driver of economies. While personal computing continues to evolve, the cloud provides global infrastructure, scale and intelligence. Computing is everywhere and this is a huge opportunity for developers

    AI for Accessibility

    Microsoft continues to utilize technology to impact and improve the quality of human life. With AI, they are opening the door to a new wave of possibilities to break down barriers in communication and really impact the lives of people with disabilities.

    At Build 2018, Satya Nadella announced the company’s new initiative: AI for Accessibility. It is a $25 million, five-year program to encourage the development of AI technology aimed towards helping the disabled community. The program will provide grants and support to research organizations, NGOs, and developers as they set out to empower and enable the more than 1B people with disabilities around the world.

    Re-Inventing Meetings and Collaboration

    The conference was a showcase of several technologies that greatly improved the quality of human life. This included AI-powered productivity solutions for the workplace.

    Modern Meetings was Microsoft’s approach to the good old meeting. They showed developers how real-time AI services, Microsoft 365, and Cortana promote active collaboration in meetings. From real-time transcription to immediate data access in Power BI, integrated tools are bringing coworkers and content together in new ways.

    The meeting room used hardware that features a 360-degree camera and microphone array that can detect anyone in a meeting room, greet them, and transcribe what they say in any language. It’s also capable of real-time translation.

    It further uses AI to follow up on what meeting participants say in a meeting. So, if a participant says “I’ll call you tomorrow,” they’ll get a notification in Microsoft Teams. Modern Meetings promises to make meetings and conferences more manageable.

    And speaking of Microsoft Teams, improved collaboration tools for the platform were also announced. Companies can now bring a line of business apps into a dedicated section of the Store just for their organization.

    By bringing line of business apps to a hub of communication and collaboration, companies can reduce unnecessary friction that allows them to build upon the contributions of their colleagues.

    Project Kinect for Azure

    One of Microsoft’s major anouncements at Build 2018 was the move of Kinect to the cloud. Kinect may sound familiar for gamers as it was first used as a motion-and-voice control system for the Xbox 360 console.

    “Kinect, when we first launched it in 2010, was a speech-first, gaze-first, vision-first device. It was used in gaming, and then, later on, it came to the PC, and it was used in many applications: medical, industrial, robotics, education… We’ve been inspired by what developers have done, and since Kinect, we’ve made a tremendous amount of progress when it comes to some of the foundational technologies in HoloLens. So we’re taking those advances and packaging them up as Project Kinect for Azure,” said Satya Nadella.

    Project Kinect for Azure brings together important advances in AI-enabled edge devices with object sensing, skeletal tracking technology. And combined with a cloud platform, the possibilities are truly endless.

    About Microsoft

    Microsoft is the leading platform and productivity company for the mobile-first, cloud-first world, and its mission is to empower every person and every organization on the planet to achieve more
    Microsoft Philippines, the local subsidiary of Microsoft Corporation, has been constantly bringing innovation and making its technology available to Filipino businesses and individuals since 1995. As a committed and trusted partner in nation-building, Microsoft Philippines has made it its mission to fuel growth and healthy communities, as well as transform locally-based businesses and empower them to compete in the global economy.

    For more information, please contact:

    Microsoft Philippines
    Yna Maclang
    Communications Lead
    v-marmac@microsoft.com

     

    M2.0 Communications
    Cathy Llanes
    Media Relations Manager
    +639175820573
    cathy.llanes@m2comms.com

  • Slow Internet – When You Can’t Work And You Can’t Play

    Slow Internet – When You Can’t Work And You Can’t Play

    Everyone hates slow internet connection – it’s a pain to watch video-on-demand services, listen to music, download files from Dropbox, and chat on Messenger, Hangouts, and Skype. Add to that multiplayer and eSport games (on PC, mobile, and console) that require stable connection to be playable, and websites that take forever to load. SMEs, corporations, and those in the enterprise sector hate this even more: unreliable and slow internet connectivity leads to missed opportunities, takes a toll on revenue, and pulls down productivity.

    But there is an alternative to hate. No one loves traditional, costly DSL plans with poor customer service, inconsistent speeds, and data capping. That’s why Converge ICT is a welcome game-changer: it rose in mindshare, from last year’s barely-known, and became today’s serious option if you want internet connectivity. Converge ICT disrupts the ISP landscape by providing value-for-money, reliable, solid end to end pure fiber optic-based internet for home, office, SME, and enterprise needs.

    Consumers want value-for-money, fast internet connection

    The consumer landscape is changing: video-on-demand services are now widely used, multiplayer games (popularized by eSports) are gaining traction, video calls among family and friends are the new normal, and more freelancers and employees now require fast, reliable internet connectivity to be able to work at home. And then there are social media apps, which allow people to “share more” (message and call each other and comment on posts) are elbowing out text messaging.

    Converge ICT has the plans that fit your needs

    The Converge ICT high-speed plans like Fiber X 1500, with up to 25 Mbps connectivity (for more than 10 devices), or the Fiber X 2500 plan, with up to 50 Mbps (to connect more than 20 devices at home) guarantee exceptional internet connectivity. You binge watch on your favorite streaming services without lags that ruin the mood. And this comes with unlimited bandwidth or no data caps: browse, stream, upload, download, or game on as you like. This last feature is the definitive offer that made Converge ICT an industry disruption – enough that competitors offered their own “unli” offers but a high cost.

    Pure Fiber Optic-Based Internet for the needs of businesses

    Converge ITC’s mantra of “our customers deserve better” extends to what they can offer the enterprise sector. Expensive, lagging, unreliable, non-secure internet connectivity can be a barrier to do doing business. Converge has carefully crafted its pure fiber optic-based internet connectivity packages for the varying needs of businesses. The outcome, when you partner with Converge, is increased productivity, savings in time and money, and maximization of output.

    Converge Enterprise offers the following:

    • Direct Access Internet. This provides a premium and dedicated connection to the global public internet backbone delivered via multiple route and diverse fiber optic submarine cable. With this you can build your critical and real-time applications.
    • Multi-Protocol Label Switching allows you to combine video, data application and voice without the complexities with secure “one-to-many-point” network connection (whether to your branches, business partners or suppliers).
    • International Private Line is a cost-effective and secure point-to-point or point-to-multipoint connectivity solution.
    • Converge Colocation provides a reliable data center environment to store your data and applications. Runs on a resilient pure fiber network that ensures consistent and uninterrupted service, and guaranteed security.
    • Converge Fast is a robust connectivity solution wherein the delivery of private information over a shared network is secured, reactive, and adaptive.
    • Carrier Ethernet lets you easily connect with your satellite offices across the Metro in a cost-efficient intranet that supports all your bandwidth-consuming business applications.

    Converge Enterprise offers secure and dynamic pure fiber solutions for Enterprise needs. This is a clear opportunity to partner with the leader in ISP disruption and an emerging contender in the internet connectivity service sector.

    Remember, nothing should prevent you from enjoying and benefiting from what the hyper-connected, searchable, sharable, immersive internet can provide. Converge ICT is here for your needs – whether it’s for entertainment or for the enterprise.

    Find out more about Converge ICT Solutions, Inc. visit www.convergeict.com