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BonerBalingit

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  1. Biz Buzz - Phil. Daily Inquirer 6/10/09

    http://business.inquirer.net/money/feature...-it-all--almost

     

     

    BIZ BUZZ

    We’ve got it all ... almost

     

    By the Staff

    Philippine Daily Inquirer

    First Posted 20:08:00 06/09/2009

     

    DON’T go looking for Colgate toothpaste in SM Supermarkets. Don’t go shopping there for Palmolive soap or shampoo either, because chances are, you won’t find any. That’s because the SM group and fast-moving consumer goods (FMCG) manufacturer Colgate-Palmolive recently got into a tussle over billing issues, according to our sources.

     

    According to the Colgate-Palmolive camp, the disagreement came about after SM insisted on a payment period beyond what is normal for FMCG items (a longer period would have positive and negative implications for either party, since “time is money”).

     

    The SM camp, meanwhile, says the terms are static, and that a new Colgate-Palmolive manager who is “unaccustomed to the way business has always been done” has been pushing for better terms (that are clearly not better for SM).

     

    Thus, Colgate-Palmolive’s products and merchandisers are no longer a fixture in SM Supermarket premises, prompting a high-stakes stand off between the two corporate giants.

     

    Both firms rely on each other for a significant amount of their revenues. SM—the country’s biggest supermarket chain—is easily Colgate-Palmolive’s largest vendor. Colgate-Palmolive products, meanwhile, are some of the best-selling products of the chain, with daily sales estimated in the millions of pesos.

     

    Yesterday, several SM Supermarkets showed thinning stocks of Colgate toothpaste, while Palmolive bath products were “out of stock,” according to the staff.

     

    Neither side seems keen on prolonging the agony, however, and a source from the SM group said that they are “looking forward to resolving any differences.”

     

    Of course, the question really is who will blink first? Daxim L. Lucas

  2. I live in Quezon City. I received my water bill from Manila Water and was horrified to find out that my bill increased 700% even though our consumption has not increased!!! I am not aware of any water leakages in our pipes too. Anyone who has the same experience?

  3. could someone please help me with this scenario... Mr. A is an OFW... nakasanla ang bahay at lupa nang nanay ni Mr. A kay Mr. B, who is a private individual, for 1 million pesos.. ang taning nang sanla ay upto dec 2009 only... nakay Mr. B ang titulo nang bahay at lupa... gusto na sanang tubusin ni Mr. A ang bahay at lupa kaya lang di sya makakaabot sa 1 million by the end of the year... Susubukan nyang mag apply sa pag ibig nang housing loan para matubos ang pagkakasanla...

     

    is this the best move for Mr. A?

    ano ang ma aadvice nyo na altenative methods para ma save ni Mr. A ang bahay at lupa?

     

     

    tnx in advance...

     

    Mr. A will encounter some difficulty because PAG-IBIG will require the TCT to be annotated. Mr. A will have to produce the TCT. He will have to talk to Mr B to borrow the TCT. Whether Mr B will agree depends on Mr A's persuasive power. Maybe Mr A can offer to pay a portion of the P1MM in cash as well as give MR. B a document whereby Mr. A assigns his PAG-IBIG loan proceeds to Mr. B.

     

    An alternative which maybe costly is to get a loan for the deficiency from another loan shark, to be paid from the proceeds of the PAGIBIG loan.

  4. PBF's fight with JMM will be a test of his drawing power. If it out-grosses the Pacman-Hatton fight, then he can rightfully claim he is a crowd drawer. You must note that PBF's highest grosser was his fight with Oscar, who is the undisputed PPV king.

     

    On the local front, Atienza should get the rap for saying that Duque is overreacting by suggesting a 5 day self-quarantine for Pacman and his posse. He should know that a DOH secretary has the power to handle this H1N1 pandemic. Stupid Atienza for saying that people expect Pacman to go home so why stop him.

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