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Business Ideas

When disaster strikes

The frequent storms that hit the country makes it challenging for business.

The Philippine Atmospheric, Geophysical and Astronomical Services Administration (PAGASA) estimates that 19 storms enter the country; of these 6 to 9 make landfall. This makes it challenging for businesses when storms disrupt operations and wreak havoc in the country.This is true for ...

December 06, 2012 03:00:00
Startup Tips

Useful advice on how to survive a seasonal business

The Philippines enjoys reasonably good weather all year round, with some months being a bit cooler or hotter than the others. For this reason, businesses here are not too affected by the change in season, unlike those in other countries with marked ...

by Jennifer Gulle  | July 04, 2012 07:00:00
Business Ideas

Is your business prepared for disasters?

Being unprepared for calamities can seriously damage a business.

Almost half  or 48 percent of Filipino businesses do not have a disaster recovery (DR) plan in place for their IT and 45 percent have no business continuity for their workplace requirements. The catastrophic spate of disasters that occurred in 2011, including ...

December 22, 2011 03:00:00
Business Ideas

Business etiquette during calamities

Should supply and demand prevail over morals during disasters?

While business is generally dictated by the invisible hand called supply and demand, it is also unethical to jack up prices of basic goods just because a disaster took place and people are panicking to buy the few remaining canned goods left ...

by Carlo P. Mallo  | October 03, 2011 04:00:00

Petron posts higher sales for first half of 2011

Bad weather affects local demand

Petron Corporation, one the largest franchise brands in the petroleum industry, has posted sales revenue of P 134.9 billion in the first half of the year compared to P115.4 billion of the same period last year.This was partly offset by the drop ...

August 08, 2011 05:00:00