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Business

Zipper those pants

NOT BUSINESS AS USUAL - Margaret Jao-Grey  -
When buying property (which he does a lot of), this tycoon’s decision making process is quite simple, if unorthodox.

He goes to the property site, walks around, and urinates on a spot of his choosing while staring into space. By the time he has zippered his pants, the tycoon has come to a decision.
* * *
Okay, there’s gaming proposal called Webworld from Australia which has been submitted to the Philippine Charity Sweepstakes Office headed by still-recovering Livia Singson-de Leon.

But a Canadian version? Well, PCSO lotto consultant Arnel Ancheta hasn’t officially heard of any such thing although a woman who claims to be doing the legwork for her foreign principal has been living in a not-to-cheap-hotel for a couple of months now.
* * *
At its lowest, the effective interest rate for consumer bank loans is a whopping 30 percent per annum, still cheaper than the monthly charges of credit cards.

The bank? Would you believe the local subsidiary of a foreign commercial bank?
* * *
Red Ribbon Bakeshop, Inc. has quietly been putting up kiosks in Makati-based buildings. To date, the 17 kiosks – all company owned and not yet open for franchising – serve pastries (for dine-in and take out) but no coffee.

There’s talk, however, that the company may soon come up with its own coffee line and compete directly with better-known coffee shops.
* * *
Reaction 1: Wilma Flores finds the July 15 reference to Hotel Intercontinental Manila as a "mature woman who has had too many facial enhancements" gender insensitive.

I will take your advice, Atty. Flores, and will try to be "more politically correct".
* * *
Reaction 2: It was Araneta Center, Inc. president and chief operating officer Teddy Asuncion, not chairman and chief executive officer Jorge Araneta, who appealed to Robinsons Land Corp. not to also use the name, Gateway, for its mall at the corner of EDSA and Pioneer St. in Mandaluyong.

What is unchanged is RLC’s magnanimity in dropping the name after just a phone call from Mr. Asuncion, who, mind you, has had no prior dealings with the Gokongwei family.
* * *
Reaction 3: Provincial-based entrepreneurs who would like to buy Lourdes Rivera’s meat-processing book containing recipes (that guarantee margins of 100 percent to 200 percent from the production and sale of such products as tocino and siomai) can write to her company, Spices and Food Mix House, which is housed at the Nutrition Foundation of the Philippines Bldg., 107 E. Rodriguez Ave., Quezon City.

ARANETA CENTER

ARNEL ANCHETA

CENTER

HOTEL INTERCONTINENTAL MANILA

JORGE ARANETA

LIVIA SINGSON

LOURDES RIVERA

MR. ASUNCION

NUTRITION FOUNDATION OF THE PHILIPPINES BLDG

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