Manny Pangilinan s special feature on dating Inquirer and Star begs the question: Can MVP still be the subject of fair scrutiny in these newspapers? Philippine Star universe Miguel Belmonte says aside from cashing in on the family s investment a deal with Manuel Pangilinan s group is the best way to extend the life span of the paper. The Lo Hathaway interview is going viral on social media with people calling it disastrous Do you agree? The group of businessman Manuel V Pangilinan also referred to as MVP remains keen on philstart universe current 20 stake in the Philippine Star daily newspaper alongside the group s philstart push in broadcast media. Welcome to Rappler, a social news network where stories philstart community engagement and digitally fuelled actions for dating change. Read more. Thank You. View your date page here OR Click close to continue. I’ve read the Rappler privacy statement , universe use policy , comment moderation policy.
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The newspaper is owned and published by Philstar Daily Inc. The Philippine Star is among the Philippines’ most widely circulated newspapers, with an average circulation of , copies daily, according to the Philippine Yearbook The Philippine Star was first published seven months after the People Power Revolution that toppled strongman Ferdinand Marcos and propelled Corazon Aquino to the Philippine presidency.
However, after the revolution, questions about finances and a divergence of priorities caused a rift among the Inquirer’ s founders, which led to Belmonte, Soliven, and Borjal’s founding of The Philippine Star. Belmonte served as the founding chairman of the Board of Directors, while Soliven acted as the founding publisher and chairman of the Editorial Board. The first issue of the newspaper on 28 July had eight pages, no advertisements and carried the headline, “Wear yellow and die” that featured the death of year-old Stephen Salcedo, a bystander killed by a mob of Marcos loyalists during a rally at Manila ‘s Luneta Park.
The masthead of the newspaper carried the motto, “Truth Shall Prevail”, reflecting its editorial policy of presenting both sides of the story instead of the prevailing “scoop mentality” of that time. At first, the newspaper was only published from Mondays to Saturdays because Belmonte prohibited work on Sundays. To capitalize on Sunday readership, Philstar Daily, Inc.
Eventually, in , the newspaper added a Sunday issue in response to the demand for news on that day, while continuing its publication of Starweek. With the sudden death of Belmonte due to cancer on 28 January , Soliven assumed chairmanship of the Board of Directors while retaining his position as publisher. He appointed Belmonte’s year-old son, Miguel Belmonte, as executive vice president.
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With the constant drawbacks that the Philippine peso has had against the US greenback, it is recommended that companies that are engaged in businesses dealing with foreign currency exchange transactions should adopt a strategy to eliminate risks involved in their foreign currency dealings. A hedging contract is basically an agreement to reduce the risk of adverse price movements in an asset. A hedge is likened to taking out an insurance policy to mitigate the risks that may come with adverse price movements in the market.
In the context of foreign currency exchanges, hedging involves contracting with a foreign currency broker to deliver or receive a specified foreign currency at a specified future date and at a specified exchange rate. It is akin to freezing the currency rate for use at another time. While the ultimate goal of hedging is to protect businesses from losses, it is also possible that foreign exchange fluctuation gains forex gains may be earned by companies when the agreed exchange rate in the hedging contract is higher than the prevailing exchange rate at the time when the company opts to sell its foreign currency denominated income to its broker.
Under the RR, income of registered enterprises from its registered activities shall be subject to such tax treatment as may be specified in its terms of registration i. The RR also provides that income realized by registered enterprises that is not related to its registered activities shall be subject to the regular internal revenue taxes. With RR No. CIR G.