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Congratulations: Iglesia Ni Cristo turns 95! |
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Monday, 27 July 2009 07:59 |
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Founded in 1914, the Iglesia ni Cristo (INC) celebrates its 95th Anniversary Monday. As a church, the Iglesia ni Cristo has spanned six continents, establishing over 5,000 Missions in 100 countries, making it truly a global church. In celebrating its Anniversary Monday, a special national working
holiday mandated by Republic Act 9645, signed into law by President Gloria Macapagal Arroyo on June 12, 2009, the Iglesia faithful celebrate the phenomenal growth of the church that has surpassed all other denominations and testifies to the zeal of its leaders in pursuing its mission. The Iglesia’s leaders, from its first Executive Minister Felix Y. Manalo to current Executive Minister Eraño G. Manalo, have steered the church in its evangelization mission. The Iglesia is aware that it is a Christian religious society, not a political organization, but it has not turned blind eye to pressing social concerns that affect the life of its members. The church remains socially responsive, caring for its members and society at large and addressing social issues such as poverty and peace and order. It educates its members to remain disciplined and responsible citizens, abiding by the laws of God and men. A distinction of the Iglesia is the strength of its leadership, from its first Executive Minister, Felix Y. Manalo, whom the faithful recognized as God’s messenger, to the incumbent Executive Minister, Brother Eraño G. Manalo. Brother Eraño has remained faithful to the Biblical principles and administrative system laid down by his predecessor, prudently avoiding the limelight that many religious leaders have succumbed to. Monday, in celebration of its 95th Anniversary, the Iglesia ni Cristo will assemble its leaders and memebers in humble thanksgiving for the Lord for his goodness and blessings. We congratulate the Iglesia ni Cristo, headed by Executive Minister Eraño G. Manalo, Officers and Members, on the occasion of its 95th anniversary and wish them success in all their endeavors
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Last Updated on Monday, 27 July 2009 08:00 |
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US opportunity for Filipino brands |
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Tuesday, 07 July 2009 15:17 |
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OWNERS of Filipino brands looking to expand abroad should consider the United States as a destination to take advantage of a downturn-induced fall in lease prices and a ready market of expatriate countrymen, experts said at a conference yesterday.  Chicken, Pinoy-style. Those opting to serve the domestic market, meanwhile, will continue to enjoy strong demand for their wares and services due to election spending and remittances from overseas Filipino workers (OFWs), they said. "We are optimistic that Filipino brands are ready to evolve into global brands and franchising has proven itself as a best way to grow outside these borders," Philippine Franchise Association President Robert F. Trota told participants of the annual Philippine International Franchise Conference and Expo. Read More
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Last Updated on Tuesday, 07 July 2009 15:20 |
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American doughnut chain begins looking for local suppliers |
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Tuesday, 07 July 2009 15:09 |
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THE PHILIPPINE franchisee of the Krispy Kreme doughnut chain is looking to replace certain imported inputs with locally sourced ingredients to cut costs, an official said late last week. The Real American Doughnut Co., Inc. Director Robert F. Trota told reporters the firm is now certifying suppliers for cooking oil and is also considering local beverage manufacturers. "About 70% to 80% of our raw materials are imported. We’re hoping to bring it down. [Sourcing locally] saves us transportation costs and it helps the Philippine economy," Mr. Trota said at the sidelines of a franchising conference. Read More
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Last Updated on Tuesday, 07 July 2009 15:11 |
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Franchising remains a safe business option for Filipinos |
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Tuesday, 07 July 2009 15:01 |
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Surviving the world economy’s periodic tectonic shifts and its attendant aftershocks is franchising. More than a decade since the Asian financial crisis and a year after the global financial crash, the industry has stayed buoyant creating over 30,000 franchise systems and some 2.2 million businesses. The continuous industry growth worldwide is due to the high success rate of franchising as a safe and beneficial international business model according to the World Franchise Council (WFC). In the Philippines, the multi-billion peso franchising sector has remained a sunrise industry accounting for 5 percent of the country’s over-all Gross Domestic Product (GDP) in the last three years. In 2007, the total asset size of franchising stood at P16.3 billion based on a recent economic impact study commissioned by the Philippine Franchise Association (PFA) and the University of Asia and the Pacific (UA&P). In terms of employment, franchising also contributed 1.6 percent to the 16.4 million workforce in the services sector in 2007. The average number of direct employees per company was 975. The study is one of the major take-off points for Franchise 2009, the 17th Philippine International Franchise Conference and Expo (PIFCE), slated on July 1- 5.
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Last Updated on Tuesday, 07 July 2009 15:06 |
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