Category: Business & Lifestlye

  • World’s #1 Leadership Thinker and Global Coach says 3 minutes daily is all that’s needed to change your life

    World’s #1 Leadership Thinker and Global Coach says 3 minutes daily is all that’s needed to change your life

    Even the world’s top leadership coach admits he needs a helping hand to navigate through life and the decisions he has to make. And that’s perfectly okay.

    Dr. Marshall Goldsmith, a best-selling author and the world’s #1 leadership thinker and executive coach from the USA, said that it’s OK to ask for help from others. While most people veer away from asking for help, Goldsmith actually urges everyone to get over the idea of being able to do everything alone.

    “I do this exercise daily with a peer coach. I have someone call me to listen to me ask myself questions I wrote and provide the answers I wrote every day. Why I do this? I’m Marshall Goldsmith and I’m too cowardly to do this by myself,” said Goldsmith in a podcast with EntreLeadership.

    Dubbed as the Daily Question Process, it requires an individual to ask themselves a series of questions every day. The 3-minute exercise can help people change their lives for the better when done regularly. While the skepticism is expected, Goldsmith said that most people usually quit the exercise after two weeks – not because they failed, but because it has already impacted them.

    “I’m too undisciplined. I need help, and that’s ok. I know how difficult it is to go,” said Goldsmith. The leadership coach adds that once there’s an admission for the need for help, life gets better.

    The Daily Question Process requires the individual to write several questions on a spreadsheet, with each question representing a behavior that is important yet often easy to neglect. The questions usually begin with “did I do my best to…” and must be answerable with a yes or no.

    The process helps the individual to confront how they actually live out their values every day. The mere process of writing the questions allows for introspection on what really matters to them.

    Hailed by Harvard Business Review as the “World’s #1 Leadership Thinker”, Dr. Goldsmith has had more than 40 years of successfully coaching CEO’s from many of the world’s most renowned organizations such as Ford, Pfizer, GSK, World Bank, Toyota, Goldman Sachs & Co.. He is also an author of numerous #1 bestsellers, with the latest book “Triggers” as #1 New York Times and Wall Street Journal bestseller.

    Dr. Marshall Goldsmith will headline a two-city CEO, HR and Senior Leaders conference in Asia this October, with Manila as his last stop on October 26, 2018. He will be joined by top coaching gun Dr. Peter Chee, and master trainer and chief coach Serely Alcaraz. The leadership conference is organized by ITD, the global leadership development expert.  For more information and registration, call ITD World Philippines at +632 887 7428 or email at itdmanila@itdworld.com.

  • Chooks-to-Go announces nine winners of 100K pesos

    Chooks-to-Go announces nine winners of 100K pesos

    Chooks-to-Go, the leading roasted chicken chain in the country, recently announced the nine winners of Chooks-to-Riches, its ongoing nationwide promo.

    The winners are John Jervie Dee of Misamis Oriental, Emanuel Moreto of Leyte, Angelica Olinares of Negros Occidental, David Villanueva of Bicol, Leslie Naval of Malabon, Antonio Tiu of Tacloban, Emmanuel Asuncion of Bulacan, Ma. Elena Biyo of Iloilo, and Cecile Senining of Cebu. Each received PhP 100,000 pesos in cash, tax-free.

    From left to right, BAVI Tacloban Branch Head Edwin Arevalo and Chooks-to-Riches winners from Tacloban, Antonio Tiu and Emanuel Moreto

    “Hindi ko po inakalang isa ako sa mananalo. Sa dami ng customers ng Chooks-to-Go, ako pa ang ma-swerteng nanalo. Masayang-masaya po talaga ako, malaking tulong po ito sa amin,” said Emanuel Moreto.

    “Nagulat po ako nung may tumawag sa akin na taga-Chooks-to-Go. Nataranta po ako nun kasi hindi ko matandaan kung naitago ko yung resibo na nanalo. Maraming beses po kasi akong nagtext. Blessing in disguise po itong pagkapanalo ko at napakalaking tulong sa aming pamilya,” said Antonio Tiu.

    With Chooks-to-Riches, Chooks-to-Go aims to reward its loyal and hardworking customers who have been making the deliciously roasted chicken a part of the family’s everyday meals. This promo is the brand’s way to return the love, appreciation, and support that the customers have shown Chooks-to-Go.

    To qualify for the promo, customers must make a single receipt purchase of at least one (1) whole Chooks-to-Go oven roasted chicken of any variant (Sweet Roast, Pepper Roast, Fried Chooks). To earn entries, customers need to send CHOOKS (space) <COMPLETE NAME> / <COMPLETE ADDRESS> / <OR NUMBER> / <TOTAL TRANSACTION AMOUNT> via text message to 2256.

    Valid receipts may be registered until August 11 to qualify for the promo. Chooks-to-Go will draw the last set of winners on August 13.

    Angelica Olinares, one of the winners of PhP 100,000, with her family at BAVI Bacolod.

    Will you be one of the lucky six to win PhP100,000? Remember that the more entries you have, the more chances of winning! So what are you waiting for? Join now!

    John Paulo Ondra Caparros
    Public Relations Department
    Strategic works, Inc.
    +63.893.7472 | +639. 17.158.7918
    john.caparros@stratworks.ph
    2nd Floor Zaragoza Building, 102 Gamboa Street, Legaspi Village, Makati City PH

  • Yanolja invests USD 15M into leading Southeast Asian Economy  Hotel Chain ZEN Rooms

    Yanolja invests USD 15M into leading Southeast Asian Economy Hotel Chain ZEN Rooms

    • Seoul-based accommodation/leisure company Yanolja enters South East Asia by investing USD15M into ZEN Rooms in return for a minority stake
    • Strategic investment into ZEN Rooms to benefit from exponential growth and synergistic effects in Southeast Asian market
    • This marks the first cross-border transaction for Yanolja and the largest startup investment by a Korean company in South East Asia

    Leading Southeast Asian economy hotel chain and online booking platform ZEN Rooms (www.zenrooms.com) announces a strategic minority investment of USD15M by Yanolja, the leading Seoul-based leisure company with rights to acquire 100% of ZEN Rooms in the future. This is the largest startup investment by a Korean company in Southeast Asia.

    ZEN Rooms, founded in 2015 by ex-Foodpanda co-founder Kiren Tanna and Nathan Boublil, operates a disruptive economy hotel chain and online booking platform in 5 major Southeast Asian countries, including: Indonesia, Malaysia, the Philippines, Singapore, and Thailand. Within only 3 years, ZEN Rooms’ business has grown exponentially to over 1,000 economy hotel franchisees and over 7,000 room inventory and established itself as the top-rated affordable franchise in the region, with average Customer Review scores of 7.9 on public OTA and review sites.

    ZEN Rooms was founded to disrupt the value-for-money of the Southeast Asian hotel market, helping hotel franchisees be more efficient, competitive, safe & reliable by strengthening their quality standards, resulting in improved customer satisfaction for budget travelers. ZEN Rooms is vertically integrated, combining room booking, branding, sales and management with a self-developed online/mobile platform – which distinguishes ZEN Rooms from other hotel franchises. ZEN Rooms now plans to use the capital to expand its inventory base in current and new markets and continue to invest in technology to keep improving the sector’s efficiency.

    The Southeast Asian travel market is today the fastest growing worldwide, undergoing a rapid and continuous surge in both domestic and international economy travel demand, similarly to China 15 years ago and Korea 5 years ago. In addition, Southeast Asia is a favorite tourist destination for Korean travelers, and 17% of foreign travelers to Korea come from Southeast Asia. Thus, ZEN Rooms’ reputation and growth in SEA and the established leisure platform of Yanolja make the combination a leading force in the South East Asian travel market.

    Co-Founder of ZEN Rooms, Kiren Tanna, commented: “ZEN Rooms’ mission is to provide quality economy accommodation to travelers across Southeast Asia and help our hotel partners maximize their business potential. South East Asia is still at the beginning of both the hotel franchising revolution and its travel demand surge – and we are delighted to join forces with Yanolja to fulfill this mission. Through its leadership in the Korean market, Yanolja has unparalleled hospitality knowledge and has built a highly refined and innovative business model and best-in-class platform that we are looking forward to bringing to the Southeast Asian market.”

    Vice President of Yanolja, Jong-yoon Kim, commented: “ZEN Rooms has built a very impressive business and team within a short timeframe and we are excited to start our collaboration. Starting with this strategic investment into ZEN Rooms, we shall seek to expand to become the most affordable hotel chain and first fully integrated booking platform for leisure activities as well as hotels for leisure activities as well as hotels, going beyond the domestic sphere to around the globe.” “In the future, we shall strengthen our leadership as a tech start-up by providing unprecedented and distinguished services to domestic and foreign travelers by applying innovative technologies including IoT and AI.”

    About Yanolja Corp.

    Yanolja, Inc. is a leading “O2O (Online-to-Offline)” accommodation platform company headquartered in South Korea. It leads the industry in many aspects, including revenue growth, boasts more than 9 million online members and has more than 41,000 listings on its travel and stay database.

    Yanolja has been playing a leading role in the Korean “space-rental” business providing travelers with real-time travel-and-stay booking services to a comprehensive database of hotels, motels, private lodgings, guesthouse and international desitnations. It is also the first travel-and-stay business in South Korea that has more than 120 franchise hotels.

    Yanolja also provides continuing education program services called MRO (Maintenance, Repair, and Operation) to its domestic registered travel-and-stay service providers. Currently, Yanolja is driving innovation in the travel and tourism industry by utilizing new technologies like IoT (Internet of Things), AI (Artificial Intelligence) and AR (Augmented Reality) to offer advance customer experience solutions and to evolve into a leading global travel-and-stay platform service provider.

    About ZEN Rooms

    ZEN Rooms is a leading budget hospitality company founded in 2015 by Kiren Tanna and Nathan Boublil to offer the best value-for-money accommodation in South East Asia. ZEN Rooms is now present in 5 core countries, more than 50 cities and 1,000+ locations. Fully equipped double rooms start as low as US$10. Before Yanolja investment, ZEN Rooms had raised a total of USD 8.5M from Asia Pacific Internet Group (Rocket Internet & Ooredoo JV), SBI Investment Korea and Redbadge Pacific. To learn more, visit www.zenrooms.com

    Media Contact

    Nika Plana | Marketing & PR Manager
    +639157122069 | Skype: nikaplana
  • Enjoy 72 Hours of Free Shipping and Up to 80% Discounts on Premium Items on Shopee’s Payday Sale!

    Enjoy 72 Hours of Free Shipping and Up to 80% Discounts on Premium Items on Shopee’s Payday Sale!

    For 72 hours from July 30 to August 1, Shopee, the leading e-commerce platform in Southeast Asia and Taiwan, is back to help loyal users stretch their salaries with its monthly Payday Sale. This month, we are going bigger and better with 72 hours of free shipping, all-day vouchers, and up to 80% discounts across a wide range of categories ranging from electronics to fashion.


    To sweeten the Payday Sale, users can also look forward to lowest prices guaranteed on dozens of premium electronics at Shopee Gadget Zone, a dedicated in-app portal for all things tech, which was newly launched this month. With up to 80% off some of 2018’s hottest electronic products such as the Nintendo Switch, Canon Inkjet Printer, and Harman JBL Soundbar. Furthermore, users can also expect up to P4,000 off products from top brands including Samsung, Vivo, Oppo, and Xiaomi.

    Jane Lim, Director of Shopee Philippines said, “This month’s Payday Sale will be bigger and better with our new Shopee Gadget Zone featuring premium electronics at unbeatable prices for our users. Shopee Gadget Zone has been well-received by users in the short time since its launch and together with the Payday Sale, we want to build on this early momentum and continue our goal to deliver top electronic products at attractive prices for all our users in the Philippines. Moving forward, we will continue to diversify our product assortments and engage users with even more exciting deals tailored for their needs and preferences.

    For more information on: Shopee’s Payday Sale, visit https://shopee.ph/paydaysalejuly. Shopee’s Gadget Zone, visit https://shopee.ph/m/gadgetzone.

    For more information on Shopee, visit https://shopee.ph

    Download the Shopee app for free on Apple App Store or Google Play Store.

    For more information, please contact:

    Erin Tagudin
    Public Relations Manager
    Contact: 09178457508 Email: erin.tagudin@shopee.com

  • The Benefits of Giving & Receiving Company Benefits

    Who else wants to give and receive Company Benefits? Did you know that this action will result advantages or benefits of the work relations and performances of both employers and employees of the business operations in general? But employees should also understand that giving of benefits or any form of other benefits is an act out of generosity of the owners of the Company.

    For the owners & management or authorized person of businesses, it is also important to consider whether these benefits are taxable or not on the part of employers and employees. If your business is operating the Philippines, there’s new regulations the defines Benefits Classified/Considered As “De Minimis” Not Subject To Income Tax as well as Withholding Tax.

    Revenue Memorandum Circular (RMC) No. 50-2018 is a circular that clarifies certain provisions of Revenue Regulations (RR) No. 8-2018 and 11-2018 as amended by RR Nos. 15-2018 and 14-2018, respectively.  The stated RRs were issued to implement the TRAIN law’s income tax provisions including its consequent withholding tax.

    As of January 1, 2018, the following are the “de minimis” benefits:

    a. Monetized unused vacation leave credits of private employees not exceeding ten (10) days during the year;

    b. Monetized value of vacation and sick leave credits paid to government officials and employees;

    c. Medical cash allowance to dependents of employees not exceeding P 1,500.00 per employee per semester or P250.00 per month;

    d. Rice subsidy of P2.000.00 or one (1) sack of 50 kg. rice per month amounting to not more than P2,000.00;

    e. Uniform and clothing allowance not exceeding P6,000.00 per annum;

    f. Actual medical assistance, e.g., medical allowance to cover medical and healthcare needs. annual medical/executive check-up, maternity assistance, and routine consultations, not exceeding P10.000.00 per annum;

    g. Laundry allowance not exceeding P300.00 per rnonth;

    h. Employees achievement awards, e.g., for length of service or safety achievement, which must be in the form of a tangible personal property other tl-ran cash or gift certificate, with an annual monetary value not exceeding P10,000.00 received by the employee under an established written plan which does not discriminate in favor of highly paid employees;

    i. Gifts given during Christmas and major anniversary celebrations not exceeding P5.000.00 per employee per annum

    j. Daily, meal allowance for overtime work and night/grave yard shift not exceeding twenty-five percent (25%) of the basic minimum wage on a per a region basis; and

    k. Benefits received by an employee by virtue of a collective bargaining agreement (CBA) and productivity incentive schemes provided that the total annual monetary value received from both CBA and productivity incentive schemes combined do not exceed ten thousand pesos (P10,000) per employee per taxable year.

    All other benefits given by employers which are not included in the above enumeration shall not be considered as “de minimis” benefits and hence, shall be subject to income tax as well as withholding tax.

    The benefits given in excess of the maximum amount allowed as “de minimis” benefits shall be included as part of “other benefits” which is subject to the P90.000.00 ceiling. Any amount in excess of the P90,000 shall be subject to income tax and consequently, to the withholding tax on compensation.

    At the end of the day, both employers and employees will realize that this will happen if both parties will do their part for the benefits and success of the business operations.

  • 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.

  • Brave New World – How AI Will Impact Work and Jobs

    Brave New World – How AI Will Impact Work and Jobs

    There’s no doubt that the advent of broadly-available Artificial Intelligence (AI) offers businesses the prospect of increased productivity and accelerated innovation, whilst also enabling society to help solve some of its toughest – and most persistent – challenges: disease, famine, climate control and natural disasters.

    AI is already delivering tangible economic benefits for many organisations across Asia Pacific. For example, leading global container shipping company OOCL reports that applying AI to their business is already saving them $10m annually, whilst Apollo Hospitals in India are using AI to help predict heart disease amongst its patients.

    While the benefits of Artificial Intelligence are undeniable, AI is a disrupter, especially when it comes to the displacement of jobs. The ramifications of AI on the workforce is a regular topic of discussion among CEOs and government leaders across Asia Pacific.

    That said, it is also pertinent to examine the far-reaching implication that AI brings to the workforce. Will the social disruptions that AI can potentially create ultimately overshadow its benefits?

    The Evolution of Jobs in the AI-Shaped Future

    To put things in perspective: large-scale disruption is a challenge with every industrial revolution. Technology will always have profound implications on the creation, elimination, or evolution of jobs. For example, just a few years ago, it was common for offices to have a pool of typists. Clearly, this role is no longer relevant in today’s modern office, thanks to the proliferation of personal computing. The advent of AI will reshape jobs in a similar way.

    Microsoft recently partnered with the leading technology advisory firm IDC to assess the digital transformation landscape across the region. Titled “Unlocking the Economic Impact of Digital Transformation in Asia Pacific”, the study surveyed 1,560 business and IT leaders from 15 Asia Pacific

    economies[i]. It showed that 85% of jobs in Asia Pacific will be transformed in the next three years. (See chart below)

    [i] Microsoft partnered with leading IT industry analyst firm IDC to study the state of digital transformation in Asia Pacific. The “Unlocking the economic Impact of Digital Transformation in Asia Pacific” was conducted with 1,560 business and IT leaders in 15 markets, including Australia, China, Hong Kong, Indonesia, India, Japan, Korea, Malaysia, New Zealand, Philippines, Singapore, Sri Lanka, Taiwan, Thailand and Vietnam. These respondents were from medium- to large-sized organizations with  more than 250 staff and above.

    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
    +639209091990
    cathy.llanes@m2comms.com

    Diving deeper into the results, the respondents said that over 50% of jobs will be redeployed to a new position and/or retrained and upskilled for digital transformation. What’s interesting is that the Study shows that 26% of jobs will be newly created roles from digital transformation, which will offset the 27% of jobs that will he outsourced or automated. In other words, the overall workforce effect will be broadly neutral.

    These are clear indications that how businesses organize work, how people find employment and the skills people need to prepare for the workforce are changing dramatically. These changes are likely to accelerate in the decade ahead.

    As AI continues to transform the nature of work, education, skills, and training will have to transform as well in order to ensure that people are prepared for the jobs of the future and businesses have access to the talent they need to succeed. And as traditional models of employment transform, there will be a need to modernize legal frameworks to recognize new ways of working, provide adequate worker protections, and maintain social safety nets.

    Building a Better Future Together

    The recently published, ‘The Future Computed, Artificial Intelligence and its Role in Society’, makes sense of this AI conundrum as it offers three conclusions on AI and the impact on work and jobs:.

    • First, the organizations and countries that will fare best in the AI race will be early adopters. The reason is straightforward: AI will be useful wherever intelligence is needed and it helps us to be more productive in nearly every field of human endeavor, which can lead to economic growth. Put simply, new jobs and economic progress will favor those that embrace the technology, not those that resist it.

    • Second, while AI will help improve daily life in many ways and help solve big societal problems, its important to remain critical when examining the issues that it can bring. Beyond AI deployment, what’s equally important is to prepare society and the workforce for the impending changes that AI will catalyze by addressing the need for strong ethical principles, the evolution of laws, the importance of training for new skills, and even labor market reforms. These aspects must all come together in order to make the most of this new technology.
    • Third, to fully realize the benefits of AI, and to minimize the negative outcomes, technology companies, private and public organizations need to come together with a sense of shared responsibility — AI must be democratized.

    The AI building blocks that Microsoft is developing today, such as computer vision, speech, and knowledge recognition, should be made available to all so that they can create their own AI-based solutions. AI should not be controlled by just a few organizations. The AI future should be built by everyone with a vision on how AI can benefit economies and societies as well as how we can tackle AI issues and their implications.

    The future of AI can burn brightly or dimly. Disruption is a norm, and the ability to adapt to disruptions is what defines all of us. And to adapt to the fast-approaching, rapidly evolving AI future, all parties – from workers to enterprises to governments – will need to spend more time listening to each other, collaborate and constantly learn new knowledge and skills.

    AI

    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
    +639209091990
    cathy.llanes@m2comms.com