(The Philippine Star) Updated August 28, 2009 12:00 AM
Makati denizens are expected to take their breaks, walk their dogs and just reconnect with nature in this 20,000 sqm. promenade. Zoom
MANILA, Philippines - Makati denizens will soon experience the first of a series of ambitious projects designed to keep the 124-hectare premier business district at the forefront of successful masterplanned communities in the Philippines.
Despite the profusion of modern business districts in Metro Manila — eight major ones at the last count — Makati remains the most prestigious with land values and rentals pegged at a much higher price than that of its closest competitor. Prime Makati office space, for instance, rents out at P900/sqm. on the average and is almost double that in Ortigas.
Emphasizes Anna Margarita Dy, group head of the Strategic Landbank Management Group of Ayala Land, the developer mainly priming the district’s sustained growth: “We intend to maintain Makati’s competitive edge through a constant stream of projects that will keep the place vibrant. We want it to continue being friendly, engaging and interesting to all who live, work and visit here.”
A key component to making Makati a vibrant city is to make it even more friendly to pedestrians than it already is. The executives, workers, and visitors who enjoy Makati’s pedestrian walkways will certainly welcome the completion of a new urban oasis at the heart of the business district to be unveiled this November.
The two-hectare garden lies behind the Tower One and Exchange Plaza on Ayala Avenue and is bordered by Paseo de Roxas and Makati Avenue. Salcedo Village residents and employees who cut across the Ayala Triangle from Paseo de Roxas as they head for Ayala Avenue and Ayala Center will see the board-ups come down in a few weeks time to reveal a landscaped promenade.
Sunday, August 30, 2009
Ideal place for city dwellers
(The Philippine Star) Updated August 28, 2009 12:00 AM
Cypress Towers boasts of a development that is self-contained, wherein there are lots of open spaces and leisure options within the entire complex. Zoom
MANILA, Philippines - The cosmopolitan business district of Makati and more recently, the trendy urbanization of Bonifacio Global City (BGC), continue to manifest as attractive locations for homeowners, especially professionals working within the mentioned areas. While these central locations offer convenience and accessibility, the escalating price of real estate makes it prohibitive for the middle class market.
Working professionals and starter families with modest incomes, can now find the perfect alternative address, just five minutes away from the BGC and a short drive from Makati Central Business District.
Cypress Towers by DMCI Homes is located along C-5 Road, beside Diego Silang Road. This valuable location pits the property right on top of the list for options that even the middle income earners can afford. Accessible from the area are various important destinations such as Market Market, Ortigas Center, and the NAIA Airport Terminals.
This development also offers more value-for-money features. For one, the price of a studio unit in the prime locations of Makati and BGC will already buy a working professional a two-bedroom unit at Cypress Towers.
Adam U. Trinidad, project director, said that the target market profile is composed of decision makers, majority of which are single or who are about to get married. Currently, they are residing in various parts of Metro Manila, either with their families or renting apartments and condos near their places of work.
“At Cypress Towers, the prices of units are within reach of middle income families, while presenting high-end advantages that can be found in the premier communities of the major developers,” Trinidad said.
Comparatively, similar high-rise developments in the BGC and Makati areas are priced at P80,000 to P93,000 per sqm, with an average of 20 sqm for their studio unit, while a 100 sqm floor area home can be too expensive. Amenities are also basic, and mostly installed on the podium level, which add to the constrictive conditions. At Cypress Towers, condo units are offered for only P55,000 to P60,000 per sqm.
For inquiries on Cypress Towers and other DMCI Homes projects, please call 888-3333, 324-8888 or visit http://www.dmcihomes.com.
Cypress Towers boasts of a development that is self-contained, wherein there are lots of open spaces and leisure options within the entire complex. Zoom
MANILA, Philippines - The cosmopolitan business district of Makati and more recently, the trendy urbanization of Bonifacio Global City (BGC), continue to manifest as attractive locations for homeowners, especially professionals working within the mentioned areas. While these central locations offer convenience and accessibility, the escalating price of real estate makes it prohibitive for the middle class market.
Working professionals and starter families with modest incomes, can now find the perfect alternative address, just five minutes away from the BGC and a short drive from Makati Central Business District.
Cypress Towers by DMCI Homes is located along C-5 Road, beside Diego Silang Road. This valuable location pits the property right on top of the list for options that even the middle income earners can afford. Accessible from the area are various important destinations such as Market Market, Ortigas Center, and the NAIA Airport Terminals.
This development also offers more value-for-money features. For one, the price of a studio unit in the prime locations of Makati and BGC will already buy a working professional a two-bedroom unit at Cypress Towers.
Adam U. Trinidad, project director, said that the target market profile is composed of decision makers, majority of which are single or who are about to get married. Currently, they are residing in various parts of Metro Manila, either with their families or renting apartments and condos near their places of work.
“At Cypress Towers, the prices of units are within reach of middle income families, while presenting high-end advantages that can be found in the premier communities of the major developers,” Trinidad said.
Comparatively, similar high-rise developments in the BGC and Makati areas are priced at P80,000 to P93,000 per sqm, with an average of 20 sqm for their studio unit, while a 100 sqm floor area home can be too expensive. Amenities are also basic, and mostly installed on the podium level, which add to the constrictive conditions. At Cypress Towers, condo units are offered for only P55,000 to P60,000 per sqm.
For inquiries on Cypress Towers and other DMCI Homes projects, please call 888-3333, 324-8888 or visit http://www.dmcihomes.com.
Importance of location
(The Philippine Star) Updated August 28, 2009 12:00 AM
Family business: Chinese-Filipinos will find the perfect venue to locate their home and business right here: Cityplace at the heart of Chinatown.
Zoom
MANILA, Philippines - Before getting your business going, you need to prioritize on investing in a good location. It’s no wonder why in the crowded streets of perhaps the world’s oldest Chinatown, in the bustling city of Manila, the most diverse market of wholesale merchandise has kept the city awake even in the most lull hours of the day. Perhaps the popular belief rings true that if it sells in Chinatown, it will sell everywhere else.
As businesses abound progressively in this Chi Lai or inner city, property giant Megaworld Corporation comes to provide a Hong Kong-style community that keeps one’s home closer to where business happens. Cityplace, a twin-tower landmark of progress, is more than an impressive modern nestling enclave but a one-stop shopping and ultimate dining haven.
This impressive landmark is a multi-faceted gem amidst Chinatown’s rich cultural backdrop with its 37- and 39-storey residential towers beaming both of glass and concrete and three-level commercial center bursting with extensive rows of shops and chains of dining outlets resembling Causeway Bay, Hong Kong’s prime shopping haven.
Prime location
A genius in residential development, Megaworld has teamed with meticulous engineers and architects in providing a luxurious residential and commercial property on a prime residential location.
“Cityplace, which will be ready in two years, is our upscale development that brings everything close to you – your family, your business and the best of Chinatown. It is the ideal place to grow your family business,” noted Megaworld Newport Property Holdings FVP for marketing and project head John Natividad.
You can be abreast with every aspect of your business without getting mangled in traffic as Cityplace is situated at the main artery of Chinatown where a bewildering array of shops selling attractive Chinese arts and crafts, furniture, jewelry, Chinese medicines, food preserves, fresh produce, as well as hardware and office supplies can be found.
To locate your home and business at Cityplace, please call Megaworld at 241-8000 or visit the Cityplace showroom at Burke Plaza, San Fernando cor. Sto. Cristo St., Binondo. Or check out http://www.cityplace.com.ph./
Family business: Chinese-Filipinos will find the perfect venue to locate their home and business right here: Cityplace at the heart of Chinatown.
Zoom
MANILA, Philippines - Before getting your business going, you need to prioritize on investing in a good location. It’s no wonder why in the crowded streets of perhaps the world’s oldest Chinatown, in the bustling city of Manila, the most diverse market of wholesale merchandise has kept the city awake even in the most lull hours of the day. Perhaps the popular belief rings true that if it sells in Chinatown, it will sell everywhere else.
As businesses abound progressively in this Chi Lai or inner city, property giant Megaworld Corporation comes to provide a Hong Kong-style community that keeps one’s home closer to where business happens. Cityplace, a twin-tower landmark of progress, is more than an impressive modern nestling enclave but a one-stop shopping and ultimate dining haven.
This impressive landmark is a multi-faceted gem amidst Chinatown’s rich cultural backdrop with its 37- and 39-storey residential towers beaming both of glass and concrete and three-level commercial center bursting with extensive rows of shops and chains of dining outlets resembling Causeway Bay, Hong Kong’s prime shopping haven.
Prime location
A genius in residential development, Megaworld has teamed with meticulous engineers and architects in providing a luxurious residential and commercial property on a prime residential location.
“Cityplace, which will be ready in two years, is our upscale development that brings everything close to you – your family, your business and the best of Chinatown. It is the ideal place to grow your family business,” noted Megaworld Newport Property Holdings FVP for marketing and project head John Natividad.
You can be abreast with every aspect of your business without getting mangled in traffic as Cityplace is situated at the main artery of Chinatown where a bewildering array of shops selling attractive Chinese arts and crafts, furniture, jewelry, Chinese medicines, food preserves, fresh produce, as well as hardware and office supplies can be found.
To locate your home and business at Cityplace, please call Megaworld at 241-8000 or visit the Cityplace showroom at Burke Plaza, San Fernando cor. Sto. Cristo St., Binondo. Or check out http://www.cityplace.com.ph./
The Amway story: An enduring partnership
By Roman Floresca (The Philippine Star) Updated August 31, 2009 12:00 AM
Amway chairman Steve Van Andel (left) with Amway Phils. corporate services and ADC operations manager Suzanne O. Comagon (right).
MANILA, Philippines - It all started some 50 years ago when two friends – Steve Van Andel and Richard DeVos – decided to put up a business of their own. Like many success stories, the company grew from its modest beginnings to become one of the world’s biggest direct selling companies with presence in over 80 countries and territories in Asia, Africa, Australia, Europe and the Americas. With more than 450 unique, high quality products sold by over three million independent business owners (IBO) worldwide, Amway generated sales of $8.2 billion last year and was ranked number 44 on the Forbes’ list of America’s largest private companies.
The Amway – short for American Way – story is unique not so much for its success but for the fact that its founders and their children have stayed together as partners for such a long time. And there doesn’t seem to be any indication that this partnership will end soon. Even when the reins of the company have been passed on to the second generation, the bond between the two families appears to be as strong as ever.
Current chairman is Steve Van Andel, who succeeded his father Jay as chairman in 1995 while the current president is Richard DeVos’ youngest son, Doug. The two are co-chief executive officers (CEOs). It was the same arrangement that their fathers had, with the older Van Andel as chairman and the older DeVos as president.
In an interview with a small group of Filipino newsmen, Steve Van Andel summed up the secret of the two families’ having maintained their harmonious relations throughout all the years that they have been running the show at Amway.
Steve recalled that when his father passed on the chairmanship to him, the older Van Andel advised him to focus on the solution, never on pointing fingers, whenever a problem arises.
Never say I told you so, Steve recalled his father saying. And he added: “Never be critical of a wrong decision.”
In a coffee table book published to mark the 50 years of Amway history, Steve Van Andel and Doug DeVos wrote: “Amway is a business built on strong values…We will continue to build on the original values and principles our fathers established to ensure the passion for the business stays alive.”
At the end of the book, Steve Van Andel wrote: “When we look back the last couple of decades, our growth has come largely through international expansion. Now, as we look to the future, we want to expand our market share in each of our affiliate markets. We want to be strong for generations to come. And we’re putting strategies in place to ensure we will be. Our legacy, and the legacy of everyone involved in Amway, depends on it.”
For his part, Doug DeVos observed: “Amway was established as a business that was intended to last for generations. It is our duty and responsibility to make sure that we keep building this business. Growth must be sustained or it’s not success. Fifty years is great, but what’s more important is how well we’ll do in the next fifty years.”
Amway chairman Steve Van Andel (left) with Amway Phils. corporate services and ADC operations manager Suzanne O. Comagon (right).
MANILA, Philippines - It all started some 50 years ago when two friends – Steve Van Andel and Richard DeVos – decided to put up a business of their own. Like many success stories, the company grew from its modest beginnings to become one of the world’s biggest direct selling companies with presence in over 80 countries and territories in Asia, Africa, Australia, Europe and the Americas. With more than 450 unique, high quality products sold by over three million independent business owners (IBO) worldwide, Amway generated sales of $8.2 billion last year and was ranked number 44 on the Forbes’ list of America’s largest private companies.
The Amway – short for American Way – story is unique not so much for its success but for the fact that its founders and their children have stayed together as partners for such a long time. And there doesn’t seem to be any indication that this partnership will end soon. Even when the reins of the company have been passed on to the second generation, the bond between the two families appears to be as strong as ever.
Current chairman is Steve Van Andel, who succeeded his father Jay as chairman in 1995 while the current president is Richard DeVos’ youngest son, Doug. The two are co-chief executive officers (CEOs). It was the same arrangement that their fathers had, with the older Van Andel as chairman and the older DeVos as president.
In an interview with a small group of Filipino newsmen, Steve Van Andel summed up the secret of the two families’ having maintained their harmonious relations throughout all the years that they have been running the show at Amway.
Steve recalled that when his father passed on the chairmanship to him, the older Van Andel advised him to focus on the solution, never on pointing fingers, whenever a problem arises.
Never say I told you so, Steve recalled his father saying. And he added: “Never be critical of a wrong decision.”
In a coffee table book published to mark the 50 years of Amway history, Steve Van Andel and Doug DeVos wrote: “Amway is a business built on strong values…We will continue to build on the original values and principles our fathers established to ensure the passion for the business stays alive.”
At the end of the book, Steve Van Andel wrote: “When we look back the last couple of decades, our growth has come largely through international expansion. Now, as we look to the future, we want to expand our market share in each of our affiliate markets. We want to be strong for generations to come. And we’re putting strategies in place to ensure we will be. Our legacy, and the legacy of everyone involved in Amway, depends on it.”
For his part, Doug DeVos observed: “Amway was established as a business that was intended to last for generations. It is our duty and responsibility to make sure that we keep building this business. Growth must be sustained or it’s not success. Fifty years is great, but what’s more important is how well we’ll do in the next fifty years.”
Petron lays groundwork for mini station program
By Donnabelle L. Gatdula (The Philippine Star) Updated August 31, 2009 12:00 AM
MANILA, Philippines - Petron Corp., the country’s largest oil refiner, has started laying the groundwork for its mini-station program, dubbed as “Bulilit Station.”
The program, designed to aggressively expand the company’s network, capitalizes on the opportunity of providing fuel in areas with untapped or underserved volumes.
Petron said it is encouraging investors to take part in the program by setting up their own stations, with minimal capital needed.
For potential dealers, the selection process would involve three phases: screening, training and project implementation. The company will also require interested dealers to undergo a three-day course on the basics of service station operation by the assigned sales executive in the area.
Dealers may also be required to enroll in a four-week Dealer Management Course (DMC) offered by the company at the Petron Training School.
Applicants who pass the screening stage and receive confirmation of site approval will be required to sign a Lease to Company (LTC) for at least 10 years and deposit a cash bond of P100,000.
Petron will provide dealer-applicants with the construction blueprint embodying the designs and specifications of the Bulilit Station, while the dealers themselves shall secure all necessary permits required by both national and local government units (i.e., locational, building, ECC, occupancy, business, and other necessary permits).
The dealers’ investments will consist of capital expenditure for the construction cost of the Bulilit Station, including site preparation, pre-construction phase of the project, as well as working and operating capital requirements in business operation.
Petron president Eric Recto earlier said they would spend about P450 million to put up small retail stations over the next 12 months.
This investment would allow Petron to establish around 200 more “pre-fabricated models that can start with two-three product pumps but easily expandable demand grows.”
Recto said they have started building these smaller gas stations early this year.
“We have built around 14 to 15 stations already in the provinces, mostly in the Visayas and Mindanao ,” he said.
Petron’s market share stood at 39 percent as of end-2008, from 38.6 percent in 2007. It has nearly 1,300 service stations nationwide.
Recto said the oil firm’s strategy is to put up relatively small retail stations in the provinces since Metro Manila is already saturated. The 200 outlets, which will be mostly dealer-owned, will be part of the 1,000 stations it plans to put up in the next three years.
Data show that small oil players have been slowly increasing their share of the market as they offer lower-priced products than the oil majors, accounting for more than 14 percent of total industry sales.
MANILA, Philippines - Petron Corp., the country’s largest oil refiner, has started laying the groundwork for its mini-station program, dubbed as “Bulilit Station.”
The program, designed to aggressively expand the company’s network, capitalizes on the opportunity of providing fuel in areas with untapped or underserved volumes.
Petron said it is encouraging investors to take part in the program by setting up their own stations, with minimal capital needed.
For potential dealers, the selection process would involve three phases: screening, training and project implementation. The company will also require interested dealers to undergo a three-day course on the basics of service station operation by the assigned sales executive in the area.
Dealers may also be required to enroll in a four-week Dealer Management Course (DMC) offered by the company at the Petron Training School.
Applicants who pass the screening stage and receive confirmation of site approval will be required to sign a Lease to Company (LTC) for at least 10 years and deposit a cash bond of P100,000.
Petron will provide dealer-applicants with the construction blueprint embodying the designs and specifications of the Bulilit Station, while the dealers themselves shall secure all necessary permits required by both national and local government units (i.e., locational, building, ECC, occupancy, business, and other necessary permits).
The dealers’ investments will consist of capital expenditure for the construction cost of the Bulilit Station, including site preparation, pre-construction phase of the project, as well as working and operating capital requirements in business operation.
Petron president Eric Recto earlier said they would spend about P450 million to put up small retail stations over the next 12 months.
This investment would allow Petron to establish around 200 more “pre-fabricated models that can start with two-three product pumps but easily expandable demand grows.”
Recto said they have started building these smaller gas stations early this year.
“We have built around 14 to 15 stations already in the provinces, mostly in the Visayas and Mindanao ,” he said.
Petron’s market share stood at 39 percent as of end-2008, from 38.6 percent in 2007. It has nearly 1,300 service stations nationwide.
Recto said the oil firm’s strategy is to put up relatively small retail stations in the provinces since Metro Manila is already saturated. The 200 outlets, which will be mostly dealer-owned, will be part of the 1,000 stations it plans to put up in the next three years.
Data show that small oil players have been slowly increasing their share of the market as they offer lower-priced products than the oil majors, accounting for more than 14 percent of total industry sales.
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