CEBU and DAVAO, hand in hand for a stronger Philippines!

[diehardbisdak]

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OT: TRIVIA !!!!

Did you know that the first AD CONGRESS was held in Cebu? Yes, you read it right! Thas was on April 29 to 30, 1969.... then, it was only held again in Cebu in 1999, 2001 and 2005.....

Cebu was host to a countless of regional, national and international conventions and meetings. From January to August 2006 alone, Cebu hosted the following: (not to mention the previous years)

* Dairy Congress & Expo 2006 - May 24 - 26, 2006

* 3rd Asian Congress of Pediatric Infectins Disease – 8-10 March 2006

* National Catholic Physician’s Congress – 3-4 Feb. 2006

* 2nd Int’l. Travel, Tours, Leisure & Lifestyle Expo 17-19 Feb 2006

* Interfaith Cooperation for Peace – 14-16 March 2006

* 1st International Conference of Counter Terrorism Experts 20-22 April 2006

* Free Masons World Convention 27-29 April 2006

* 20th National Areo Modelers Tournament 28-30 April 2006

* 5th Annual Management Conference 26-28 April 2006

* 2nd Meeting ASEAN Meeting for Standards for Horticultural Produce 21-32 March 2006

* 4th Cyclus Bike and Auto Show 17-19 March 2006

* 2nd National Conference on Population, Health and Environment 15-17, 2006

* 10th National Married Priests Convention 29-30 April 2006

* 4th Philippine Building & Construction Expo 26-28 May 2006

* 8th Natiional Coop Leader’s Congress 26-28 May 2006

* 2nd Convention of the Council of Personnel Officers - 30 May – 2 June 2006

* 3rd Christian Medical Congress - 1-2 June 2006

* Word Press Photo Exhibit - 7-9 June 2006

* Franchise Conference & Expo 21-23 June 2006

* Food & Franchising Expo 1-2 August 2006

* National Purpose Driven Congress with Rick Warren 25-26 August 2006

....and there will be more from September to December this year but the most important of all is the ASEAN SUMMIT in December 2006....

[img width=500 height=357]http://i104.photobucket.com/albums/m195/diehardbisdako/asean.jpg[/img]

[Tj-Mixxed]

Philippine Stock Exhange mulls Cebu branch to lure more investors
September 8, 2006
Sunstar Online

To encourage Cebu-anos to buy stocks in the stock market, the Philippine Stock Exchange (PSE) is seriously considering putting up a branch in Cebu.

Melchor Guerrero, PSE vice president and head of capital markets development division, said setting up a PSE branch in Cebu is the company’s way of establishing its presence in the province and providing a venue for Cebuanos to keep track of activities in the stock market and participate in them.

“We might be putting up 20 to 30 booths. It’s like a mini-stock market. We will also be putting up one in Davao,” he said in an interview at the Marco Polo Plaza Hotel yesterday.

Invest

PSE conducted a “Cebu Stock Market” Roadshow yesterday at the Marco Polo Plaza Hotel. The event was sponsored by First Metro Asset Management Inc., Smart Click and Ayala Land.

Guerrero said PSE’s branch in Cebu will hopefully encourage Cebuanos to invest in listed companies.

“The Cebu market is a largely untapped market. With a large pool of entrepreneurs in Cebu, there should be more untapped funds in the area,” he said.

The PSE combines the Manila Stock Exchange and the Makati Stock Exchange. It was granted license by the Securities and Exchange Commission to operate as a securities exchange in 1994.

Guerrero said buying stocks allows investors to earn more, unlike when they invest in debt instruments like treasury bills, which earn an interest of only 20 percent.

Apart from this, interest from the purchase of treasury bills are also covered by an eight-percent tax while “investments in stocks are tax-free,” he said.

Guerrero cited blue-chip companies like the Philippine Long Distance Telephone Co. (PLDT), whose shareholders earned millions in only two years.

High value

PLDT shareholders, who bought about P1 million worth of shares in May 2004, now have shares worth P7 million as of May 2006, he said.

PLDT has the highest per share value of P2,000 in the PSE. It is followed by Ayala Corp., Bank of Philippine Islands, Globe Telecom Inc. and San Miguel Corp.

Guerrero also encouraged Cebuano companies to enlist with the PSE to gain additional funding from prospective investors.

Equity funding or raising funds through selling of shares, may force owners to give up a certain percentage of ownership of his company. If it were to get a loan from a financial entity, on the other hand, a company or an organization will have to put up a collateral and pay interests

[pandisal]

OT. speaking of stocks... ma expired ba nang stocks kung wala activity? I have like some stocks sa seven eleven niadto sa diha pa ko sa cebu... it was offered and I got some... naa pa nako hangtod karon ang certificate...

[Khabz02]

dili man na seguro ma expire ang stocks... hinoon magdako noun depende sa movement sa value niya sa stock exchange. pero dili ko familiar. Sa ako nahibaw-an, ang ako tatay, naay stock sa San Miguel and ANSCOR, ug hangtud karon, bisan dili siya active trader, regular gihapon siya nagdawat ug stock dividend.

Pero lahi noun kung active trader jud ka, kay buy and selling man ka. kung swerte ka, pwede ka madato even in 1 day or mapobre. Suma total sugal gud gihapon.

[diehardbisdak]

dili man na seguro ma expire ang stocks... hinoon magdako noun depende sa movement sa value niya sa stock exchange. pero dili ko familiar. Sa ako nahibaw-an, ang ako tatay, naay stock sa San Miguel and ANSCOR, ug hangtud karon, bisan dili siya active trader, regular gihapon siya nagdawat ug stock dividend.

Pero lahi noun kung active trader jud ka, kay buy and selling man ka. kung swerte ka, pwede ka madato even in 1 day or mapobre. Suma total sugal gud gihapon.

... i agree with you.... one will need to devote full time if one wants to gain big bucks ... but you can choose a broker who will manage your stocks.. but one thing, they are entitle to a 20% profit everytime they make money for you.....

[diehardbisdak]

Asean solons’ meeting to boost Cebu economy

CEBU’S tourism and the economy, in general, will get a boost with about 300 guests from Southeast Asia and Europe attending the five-day 27th General Assembly of the Asean Inter-Parliamentary Organization (Aipo) this week.

Rep. Antonio Cuenco (Cebu City south), head of the organizing committee of the regional event, said the delegates, who are booked in different hotels and resorts in Cebu, are scheduled to tour around the city for “sightseeing and shopping” on Wednesday.

The Association of Southeast Asian Nations (Asean) Aipo general assembly will be held at the Marco Polo Plaza Hotel. Foreign delegates began arriving in Cebu yesterday.

“The golfers will be brought to Alta Vista Golf Club. Some of the delegates are also bringing their wives along,” Cuenco said during a media briefing held at the Marco Polo Plaza Hotel last Friday.

Aipo is an organization composed of lawmakers of countries in Southeast Asia, such as Indonesia, Singapore, Thailand, Malaysia, Cambodia, Vietnam, Laos and the Philippines. Delegates from Myanmar and Brunei and those from Aipo dialogue partner-countries, such as Japan, Australia, Korea, New Zealand, the European Parliament and the Russian Federation, are also joining the event.

Economists have said that international events like the Aipo assembly are opportunities for the country, especially Cebu as the host, to showcase its potentials to the attendees.

Cuenco told Sun.Star Cebu that part of the agenda that the Philippines will push during the Aipo assembly and the Asean Leaders’ Summit in December are the extradition treaty and the creation of an Asean parliament.

The Asean parliament, an initiative of Aipo president and Philippine House Speaker Jose de Venecia, is an assembly of legislators of Asean member-countries that would legislate and confirm common action on issues, such as world peace, anti-terrorism, poverty, environmental health, narcotic drug trade, cross-border crimes, human rights and social justice.

Earlier, Asian Institute of Management president Francis Estrada said the Philippine Government should grab the opportunity to assert its agenda during the Asean summit in December. (JBN)

[diehardbisdak]

Motoring writer proposes to make Cebu car race hub

A FILIPINO motoring journalist has come up with with the first and only book on Philippine motor sports, chronicling the developments of car racing in the country.

Junep Ocampo launched at Kart Zone in Cebu City last Saturday, “Fast Lane, Motor Sports in the Philippines,” a 224-page coffee table book that contains “easy-to-read” stories and published photographs of saloon cars, go-karts, formula cars, rally cars, and offroad vehicles.

“Cebu played a great part in the history of car racing and this book will bring back the glory of Philippine motor sports,” Ocampo said.

He said the Cebu Grand Prix, held on Dec. 14, 1969 at the north reclamation area, was the first Philippine Grand Prix and the first circuit race in the country.

He said racing is a good tourist attraction, adding that the Provincial Government should consider developing a race track similar to the Batangas Racing Circuit and the Subic International Raceway.

Birthplace

“Being the birthplace of circuit racing in the Philippines, we also hope to make Cebu the motor sports capital of the country,” he said.

Automobile Association Philippines (AAP) executive director Mandy Aduque said he is optimistic Cebuanos would make it to the international car racing arena.

“Cebuanos are known to be very passionate about motor sports and I believe you have a great chance of winning international titles in the future,” he said.

He said the launching of “Fast Lane” is a good venue for the pioneers of car racing in the province to reunite and bond with today’s young race car drivers.

Fast Lane’s launch coincided with the Cebu leg of the 2006 National Karting Championships at Kart Zone. (MMM)

[diehardbisdak]

[img width=500 height=414]http://img183.imageshack.us/img183/5547/238218758db9c1d77b3bod9.jpg[/img]

from flickr.com

[diehardbisdak]

one of the role-models for philippine public markets... THE PARDO (CEBU CITY) PUBLIC MARKET

pics courtesy of @slerz

[diehardbisdak]