Philippines Digest – 22 Jul

Here you can find some interesting startup news around Philippines, not only in its capital, Manila, but also other their startup hubs such as Cebu, General Santos City, Pasay, Quezon City, and many more.

(1) Known in the Los Angeles area for her cotton candy business, which she named Rodecker’s Tasty Clouds Candy Company, Obana-Rodecker is one of the entrepreneurs invited to Washington D.C. to encourage Americans to start their own businesses and help the recovering economy of the land of milk and honey.

(2) Rommel Juan, CEO of Binalot Fiesta Foods, says that July brings excitement to budding entrepreneurs on the hunt for a franchise business to invest in.

(3) Jollibee Foods Corp. rocked the food service industry twice last year. First, when it purchased 70 percent of Mang Inasal, and second, when it let go of its Délifrance franchise. The former received much fanfare, but little attention was paid to the latter.

(4) Corporations will soon be able to file their registrations with the Securities and Exchange Commission (SEC) through the Land Bank of the Philippines’ (Landbank) larger branch network under an inter-agency effort to simplify business processes.

(5) Local ice cream manufacturer, Fruits in Ice Cream (FIC) launched the first flavor of their yogurt ice cream. While there are already a hundred yogurt stores dotting Metro Manila, FIC promises a new experience for its customers with their own version of yogurt ice cream.

(6) S & S Travel Agency, a Filipino-owned business thriving in the United States (US) for more than 20 years, is a living testament that Filipino entrepreneurs can compete side-by-side foreign counterparts in a global market environment.

(7) Finding a good office space can be a difficult and expensive affair, especially in major business districts. CEO Suite, a serviced business center in the heart of the Makati City business district, is keen to this aspiration of companies and offers a good business address at a fraction of the regular cost.

(8) Counterfeit goods pose a real economic threat not only for individuals but for businesses as well. The Bangko Sentral ng Pilipinas and HP Philippines launched an offensive strike against the growing counterfeit market in the country.

(9) Tourism has long been a major money-earner for the Philippines. Are there still areas for the aspiring entrepreneur who wants to put up a tourism-related enterprise?

(10) Introduced to the country in the 1980s by foreign companies like McDonald’s, franchising now covers a wide range of business ventures — from restaurants, drugstores and Internet cafes to salons, review centers and repair shops. According to the Association of Filipino Franchisers, Inc. (AFFI), there are an estimated 50,000 franchisees in the country today.

We thank nordicfactory for the flag image.