Investment Sectors and Growing Industries in the Philippines

Investment Sectors and Growing Industries in the Philippines

As one the fastest growing countries in Southeast Asia, the Philippines is an ideal center for international business. Surrounded by major shipping lanes and acting as a gateway to Asia, the Philippines is an excellent access point to the ASEAN (Association of Southeast Asian Nations) market.

There are many opportunities for those who want to invest in the country. Triple I Consulting shares some of the key investment sectors and fastest growing industries in the Philippines:

Philippine skyscraperOutsourcing

According to the Philippine Department of Trade and Industry (DTI), the business process outsourcing industry made $13 billion in exports in 2013. It is expected to reach to $25 billion in revenues and open up millions of new jobs for the years to come.

Common services in the outsourcing industry include call centers, engineering design, software development, including the maintenance of regional procurement systems. The population’s proficiency in the English language is the major reason BPO companies are investing heavily in the country.

Travel and Tourism

In 2012, the Philippine government began efforts to boost tourist arrivals by launching the “It’s More Fun in the Philippines” campaign. Since then, visitor arrivals in the country increased, with the top markets being tourists from the US, Korea, China, Japan, and Taiwan.

The country is also an emerging player in medical tourism, which is currently dominated by Thailand, Malaysia, India, and Singapore. According to reports, the country earned $1.3billionfrom medical tourism from 2006 to 2010. By the year 2018 or earlier, the industry is expected to earn $1 billion per year.

Financial/Banking Sector

The consistent flow of Overseas Filipino Workers (OFW) remittances boosts the country’s finances. According to the Institute for Development and Econometric Analysis Inc., remittances posted a growth of 5 percent in 2013,a figure expected to rise in 2014.

The Bangko Sentral ng Pilipinas (BSP) said that there is a continuous improvement in the banking system. The Philippine peso has also continued to strengthen, recently named one of the top performing currencies in Asia.

Other areas for job generation include infrastructure, electronics, and agriculture and fisheries. The national budget of the country is aligned to offer support to the investment sectors and growing industries so that they can expand significantly.

Venanzio Mazzi

Venanzio Mazzi

Venazio Mazzi is the digital head of a marketing agency in New York. Prior to this, he worked as an assistant manager at a copywriting agency in San Francisco.

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Taking It Slow: Top 3 Delaying Tactics For Skin Aging

Taking It Slow: Top 3 Delaying Tactics For Skin Aging

prevent agingMany women frown at the thought of aging, especially when it becomes obvious on their skin. With fine lines and wrinkles, you can become less confident and feel older by the day. To regain your confidence, you need to put your game face back on.

For skin aging, here are top three delaying tactics you can try:

Use natural skin care products.

Mushrooms, pomegranates and green tea taste great, most especially for the skin. An increasing number of companies are leveraging on using these natural goods as ingredients in skin care products. As Healthy Beauty Circle puts it, women should use simple, yet extraordinary natural products in protecting and maintaining their vibrant skin. You can use non-clogging products with natural ingredients, such as essential soy, to prevent skin pigmentation.

Sleep on your back.

Resting your face on the pillow in the same way every night may lead to sleep wrinkles, according to the American Academy of Dermatology. These sleep wrinkles or lines may eventually stay on the surface of your skin even if you are not in bed. Experts say that women who sleep on their sides are likely to see sleep lines on their chin and cheeks, while men notice these wrinkles in their forehead. So it is highly recommended to sleep on your back to avoid wrinkles.

Smile more often.

As experts say, you use less muscle power for smiling than you do for frowning. So by actively working facial muscles by smiling, you may reduce wrinkles, lines, and other indications of aging. As a matter of fact, there are personal trainers that teach active facial gymnastics to reduce the signs of aging. Through the activities, the trainer can teach you how to smile more through the use of different smiling exercises.

As water binds the elastic and collagen fibers of your skin, you can tone your facial skin by drinking a sufficient amount of water. As skin aging is an inevitable process, these delaying tactics can put the formation of wrinkles and sagging skin at bay. Keep in mind that a constant skin health regimen can also slow down the aging process.

Roberto Guerra

Roberto Guerra

Roberto Guerra works in a hospital in Los Angeles. He moonlights as a writer now and then.

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When Runners are chased by Dogs

When Runners are chased by Dogs

dog bite casesIf there’s one thing that runners are anxious about other than sprains and dehydration, it would be a dog in hot pursuit. Dogs are territorial, and runners usually invade their territories inadvertently. They may also chase you because you wear some colors that may have made you appear like a toy. Whatever the reasons are, this situation surely turns your fitness-inspired run into a fight-or-flight response.

While some chases may be an indication that the dog needs some playtime, some cases may make you not want to run again. Thankfully, organizations such as the American Society for the Prevention of Cruelty to Animals, provide some guides on how approach the predatory behavior of dogs, and law practices such as Chang Law Firm can handle dog bite cases. Read on to learn more about how you can get away from this situation.

Stare Down

When a dog barks and slowly makes for you, stop running and stare down at him. Give him an intent stare, signifying that you’re the alpha in the hierarchy. If a simple stare doesn’t work, couple it with a yell. Familiar commands, such as “Sit!” or “Go Home!” may be enough to ward the dog off.

Pet It

Some dogs don’t track runners because they’ve invaded their territory. Other dogs may believe that the runner is inviting a playful chase. If you believe that the dog has a frisky demeanor (wagging tail, barking, and relaxed stance), stop for a while and pet it. You may also utter some familiar compliments, such as “Good boy,” to calm it down. Once the dog calms down, walk away from him and continue running if you think that there’s already a safe distance between you and him.

Pretend You’re About to Throw Something

When an aggressive dog starts to make for you, make as if you’re picking something up, maintain intent eye contact with the dog, and make a throwing motion. This may scare the dog away, but in case the dog keeps on barking, stand still and then try to pace away slowly.

If your running route always forces you to have needless encounters with dogs, you might as well take some treats that you can throw at them. Tasty treats, such as cheeses, chicken liver, pumpkin slices, will usually do to stop them from chasing you. Make sure that they’re also safe.

Roberto Guerra

Roberto Guerra

Roberto Guerra works in a hospital in Los Angeles. He moonlights as a writer now and then.

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Tax Avoidance Scandal: David Beckham Among Rich Warned Of Huge Tax Demands

Tax Avoidance Scandal: David Beckham Among Rich Warned Of Huge Tax Demands

Beckham_LA_Galaxy

Photo credits: Raj Patel | Wikimedia

Footballers, business leaders, and other wealthy investors will soon face new tax demands despite the ongoing legal battle over alleged tax-avoidance schemes.

Legal battle

About 33,000 people will be hit with a tax demand even though their tax avoidance cases have yet to be resolved.

Among them are footballer David Beckham and Centrica chief Sam Laidlaw.

Under the new bill, HM Revenue and Customs (HMRC) will have the power to make them pay.

A spokesperson for the Beckhams released a statement, saying the couple “always paid their taxes in full and have never been involved in aggressive tax avoidance schemes.”

Tax breaks

Many investors allegedly put money into schemes that backed the British film industry, which they could then offset their tax bill.

They will be asked to pay the disputed tax upon receiving the notice. If they won the case, they will get a refund from the Government.

The country hopes the new bill will make tax avoidance schemes less attractive.

Wileene Grace Olimpo

Wileene Grace Olimpo

Wileene is a writer who enjoys the challenges of writing an engaging and creative articles. She has a passion for writing and considers lifestyle, media, and healthy living topics as her strength/s. She likes reading non-fiction, thriller, children's, and science fiction books. She believes that she is capable of writing articles and yet she still has room to improve.

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5 Home Projects You Should Never DIY

5 Home Projects You Should Never DIY

home improvementHome improvement is becoming more popular in Australia, and rising with it is the number of DIY enthusiasts. Improving or fixing something in your home with your own hands is very rewarding; it saves money and the feeling of accomplishment you get is wonderful. Some projects, though, are best left to the professionals.

While there is debate on some areas like window installation or fence building, Perth home improvement experts like Therenovationcompany.com.au all agree that the following projects should never be attempted by the inexperienced.

1. Plumbing – Installing a new faucet, unclogging a drain, or fixing minor toilet problems? Sure. But attempting anything significantly harder than that without training can result in a very messy, very expensive dilemma. Just imagine an unstoppable burst in a pipe, or a continuously overflowing toilet.

2. Electrical work – An amateur messing with electrical wiring is the adult equivalent of a kid stabbing an electrical outlet with a fork, except even deadlier. Anything from electrocution to a fire can easily happen. Proper precautions and knowledge are crucial when dealing with this area, therefore it is best left to experts.

3. Demolition – Swinging a sledgehammer might be fun, but the risks of DIY demolition are high. Even if you can identify a load bearing wall, it’s still dangerous to mess with the walls of your house. Behind them could be electrical wiring, plumbing, gas pipes or even asbestos if your home is somewhat old. It’s simply not worth the risk; always consult a professional if you plan on knocking down a wall or two.

4. Tree removal –What could possibly go wrong with removing a tree? Trees are harmless…until you factor in power tools, and how difficult it is to direct the fall while avoiding power lines, your house, and curious bystanders. Afterwards, there’s the issue of disposing of the tree; it’s not like you can chuck it in a waste bin and call it a day. Professional tree removers will save you from all these headaches.

5. Roof repairs – There is a very real danger of slipping and falling off your roof, and it can happen even when the roof is dry. Other than that, you might end up doing more harm than good if you don’t know the proper procedures to install or repair roofing. Cleaning gutters or simply checking for damage is okay, but you should still be very careful not to slip.

DIY projects are great, but you should always know your limits. When in doubt, ask an expert for advice.

Roberto Guerra

Roberto Guerra

Roberto Guerra works in a hospital in Los Angeles. He moonlights as a writer now and then.

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Bankruptcy or Divorce: Which to File First?

Bankruptcy or Divorce: Which to File First?

bankrupcy lawyerBankruptcy and divorce often go together. Problems with finances can lead to divorce, as feuding spouses usually lead themselves to believe that the other is responsible for the problems. This is something seen in cities across the country, from Little Rock to Portland.

While you can divorce your spouse, you can never divorce the debts you accumulated during the marriage.

Filing for bankruptcy and divorce at the same time might seem like the perfect solution, but the two are separate legal processes that are often at odds with each other. So between the two, which one should you file first?

Filing for Bankruptcy First

Both partners are responsible for any debts accumulated over the course of the marriage. When you file for divorce first, chances are the settlement will divide the debts between you and your spouse. The bad news? That settlement is only between the two of you, which means it doesn’t bind the creditor. If your ex-husband or ex-wife doesn’t pay their share, the creditor will come after you.

Filing for a bankruptcy with the help of a local bankruptcy lawyer in Little Rock while you’re still together means you consolidate the debts as one. You can eliminate your joint debts together, or you may also increase your exemption amounts—this is a good solution if one spouse makes all the money, because he or she will most likely qualify for a Chapter 7.

Filing for Divorce First

Filing for divorce before bankruptcy might make sense, especially if you maintain a single household and your joint income is too high to qualify for Chapter 7 bankruptcy. In situations like this, it’s better to file for divorce first, and then file for bankruptcy later on individually.

The Final Verdict

The answer? It depends on your circumstances.

It might make sense to file for bankruptcy first if you want to know where you stand when it’s time to divide the property, and both of you can work together to accomplish this goal. However, if your relationship has reached a point where you cannot even be civil with each other, consider filing for a divorce first.

Venanzio Mazzi

Venanzio Mazzi

Venazio Mazzi is the digital head of a marketing agency in New York. Prior to this, he worked as an assistant manager at a copywriting agency in San Francisco.

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Content Pitfalls: Why Your Content Marketing Works Don’t Work

Content Pitfalls: Why Your Content Marketing Works Don’t Work

content marketingContent marketing is an essential in the world of digital marketing. Everyone in the industry now seems to be focusing on “doing content.” In Australia, for example, countless brands, agencies, and experts are saying content marketing is the way to go if you want to boost your brand’s reputation, sales, and advocacy.

The task, though, is not as easy as it looks, or more accurately, as it sounds. Even if you’re one of the best digital marketing companies in the Australian Capital Territory, for example, there are still other special skills and experiences you need to have. You will need a strong background in copywriting, solid persuasion skills, and an open mind for breaking many marketing habits.

If you’ve invested a lot of resources into this and are not yet seeing any positive results, perhaps the reasons for this failure are obvious. If not, here are a few possible explanations to your content marketing woes:

Not Planning

Content marketing involves a strategy. Without any kind of plan in place, chances are it won’t work. Brand strategy experts in Canberra like VoodooCreative.com.au explain that great brands don’t just happen; they are built. You need to come up with editorial calendars, training sessions, reports, performance measurements—the works. Success in content marketing starts with a comprehensive, bullet-proof strategy that outlines all objectives, terms, and responsibilities.

Not Listening

Your content should be for customers, not for your boss. Take the time to get to know your customers and find out what they want so you can create content that’s indisputably useful for them. Listening to your customers is the key to an effective content marketing strategy.

Not Being Agile Enough

Not being able to post regular content for whatever reason can really kill any good content marketing strategy. Content maximisation is all about timing; customers are always on the lookout for something fresh. Be sure to post new, interesting content frequently.

Not Being Genuine

Your consumers aren’t stupid. They can detect whether your content marketing approach is genuine or not from a mile away. The only way to succeed here is by telling them a real story that supports and promotes your brand, not just one that blatantly markets it. Make your brand connect to consumers, not the other way around.

Avoiding these content marketing pitfalls may be a hard task, but successfully hurdling through these is definitely a big step towards a better and more effective content marketing performance.

Venanzio Mazzi

Venanzio Mazzi

Venazio Mazzi is the digital head of a marketing agency in New York. Prior to this, he worked as an assistant manager at a copywriting agency in San Francisco.

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  • Investment Sectors and Growing Industries in the Philippines July 24, 2014
    As one the fastest growing countries in Southeast Asia, the Philippines is an ideal center for international business. Surrounded by major shipping lanes and acting as a gateway to Asia, the Philippines is an excellent access point to the ASEAN (Association of Southeast Asian Nations) market.
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  • 5 Home Projects You Should Never DIY July 7, 2014
    Home improvement is becoming more popular in Australia, and rising with it is the number of DIY enthusiasts. Improving or fixing something in your home with your own hands is very rewarding; it saves money and the feeling of accomplishment you get is wonderful. Some projects, though, are best left to the professionals. While there […]
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