Category Archives: Investing

An Economy Built on Mining – Learning from South Africa

On 11 March 2017, President Rodrigo Duterte says he is willing to let go of the P70-billion earnings the government collects from mining operations. “We can live without it. I would rather follow Gina. Maghanap-buhay na lang tayo ng iba, get the P70 billion somewhere else and preserve the environment. ‘Wag na tayong magbolahan,” he said on Saturday.

P70-billion is no small amount. This is a substantial amount of money which can be used to develop areas and communities that are beyond the reach of the government. A substantial amount of money that can be utilized by the Filipino people whose battle-cry has long been ‘inclusive growth’.

Based on the World Bank for the current 2017 fiscal year, and calculated using the World Bank Atlas method:

Low-income economies are defined as those with a GNI per capita of $1,025 or less.

Lower middle-income economies are those with a GNI per capita between $1,026 and $4,035. Fifty-two (52) countries including the Philippines are in this bracket.

Upper middle-income economies are those with a GNI per capita between $4,036 and $12,475. Fifty-six (56) countries including South Africa are in this bracket.

While High-income economies are those with a GNI per capita of $12,476 or more. Seventy-nine (79) countries such as Australia, Canada, and the United States are included in this list.

How can a country such as the Philippines move from a low-income economy to a high-income one? The best way is to take a long hard look at its neighbors.

Though jumping from a low-income economy to a high-income one may be a tall order, and the Philippines using the mining models of Australia, Canada and the US are too idealistic, it would be to the country’s best interest to redirect its gaze to a country with similar trades, businesses and the challenges that go with it. When it comes to minerals development, South Africa is the country closest to the Philippines.

The billion dollar question (no pun intended) which begs to be answered: Can an economy be built on mining?

South African Ambassador to the Philippines, His Excellency Martin Slabber shares with us his insights on what Africa was, to what it is now because of mining. A privileged discussion, this story was crafted in the hopes of giving the Philippine government a glimpse of “what our economy could be” if ethical and responsible mining practices were done in the Philippines.  

For the full story, refer to page 38 of the Philippine Resources Journal with the subject – An economy that was built on mining: How the Philippines can learn from South Africa by Maria Paula Tolentino

For more information about this story, contact its author:
MissTolentino  
Twitter – @misstolentino22  
Facebook – www.facebook.com/misstolentino22/

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SEM Scribe Publishing House Participates in September 6 Finance Event

Together with Synersign, SEM SCRIBE PUBLISHING HOUSE and MissTolentino.com will be participating in the upcoming Finance event called IT’S ALL ABOUT INVESTMENTS on September 6, 2014 at Mezzanines B & C of the World Trade Center.

With seasoned finance professionals as its speakers, this must-attend event will cover Mutual Funds, Equities, Insurance, Real Estate and many more!

With only 200 slots remaining, be part of this exciting event! Register now at http://rehubexpo.com/events.php

 

with ssph logo
SEM SCRIBE PUBLISHING HOUSE together with MissTolentino.com will be participating in the upcoming Finance event called IT’S ALL ABOUT INVESTMENTS on September 6, 2014 at Mezzanines B & C of the World Trade Center.

 

 

 

A Passion for Collaboration: WIEF Shapes Future Business Leaders

The World Islamic Economic Forum (WIEF) Foundation, through its Young Leaders Network (WYN), in collaboration with the Young Moro Professionals Network (YMPN) of the Philippines, organized the WIEF Young Fellows (WYF) 2014, which took place last June 18 – 24  in Manila, Philippines.

Supported by the Autonomous Region in Muslim Mindanao (ARMM), the National Commission on Muslim Filipinos (NCMF) and Naza World, the WYF 2014 was specially designed to shape future business leaders from all around the world, instilling in them a profound entrepreneurial mind-set and a strong sense of social purpose. The 7-day intensive programme was attended by 24 young leaders from 16 countries including the United Kingdom, Iraq, Russia, the United States of America, South Africa, Singapore, Philippines and Malaysia.
Supported by the Autonomous Region in Muslim Mindanao (ARMM), the National Commission on Muslim Filipinos (NCMF) and Naza World, the WYF 2014 was specially designed to shape future business leaders from all around the world, instilling in them a profound entrepreneurial mind-set and a strong sense of social purpose. The 7-day intensive programme was attended by 24 young leaders from 16 countries including the United Kingdom, Iraq, Russia, the United States of America, South Africa, Singapore, Philippines and Malaysia.

Articulating a social purpose at the corporate level, adhering to a set of common principles, and agreeing in a common vision for partnership across sectors can set the stage to create significant benefits for society and returns for companies. The effects of globalization and the internet further influence the value systems of organizations. Cultural values within the same organization vary from person to person and this drives a need for more individualized and intricate management plans. These are values we should all share.

“If we want a better world, we need to inspire the future leaders of the world. There is absolutely no denial on this simple notion; and this is why the WIEF Young Leaders Network was created 8 years ago. It serves as a global platform for young people of different backgrounds to connect and collaborate, be it in business or social programme,” expressed The Hon. Tun Musa Hitam, Chairman of the WIEF Foundation.
“If we want a better world, we need to inspire the future leaders of the world. There is absolutely no denial on this simple notion; and this is why the WIEF Young Leaders Network was created 8 years ago. It serves as a global platform for young people of different backgrounds to connect and collaborate, be it in business or social programme,” expressed The Hon. Tun Musa Hitam, Chairman of the WIEF Foundation.

Ebrahim Patel, Chairman of the WIEF Young Leaders Network, added, “The changing dynamics of the world has challenged the way business is carried out.  New industries and global business giants are emerging on a daily basis. Weighing against this are political changes, economic instability and resource scarcity which has created demands for a new generation skilled with leadership. This is what we are striving for – to provide an avenue where our young people can truly experience the world, gain insightful knowledge and be inspired to be positive change leaders.”

“The WIEF Young Fellows 2014 is indeed exciting. It allows our young leaders to learn about the city of Manila – its business and social landscape. It provides our diverse group the opportunity to interact with global cultures and build strong personal networks. It is imperative that we create such platforms for our young leaders because, aside from equipping them with the skills to create profitable business, we also want to see them benefitting humanity,” added Bai Rohaniza M. Sumndad-Usman, Chairperson of the Young Moro Professional Network.
“The WIEF Young Fellows 2014 is indeed exciting. It allows our young leaders to learn about the city of Manila – its business and social landscape. It provides our diverse group the opportunity to interact with global cultures and build strong personal networks. It is imperative that we create such platforms for our young leaders because, aside from equipping them with the skills to create profitable business, we also want to see them benefitting humanity,” added Bai Rohaniza M. Sumndad-Usman, Chairperson of the Young Moro Professional Network.
A Capoiera session with the WIEF Young Fellows
A Capoiera session with the WIEF Young Fellows
WIEF visits Maharlika School
WIEF visits Maharlika School
Regardless of background, if we are "To promote dialogue and foster cooperation among the Muslim and non-Muslim businessmen in the belief that collaboration is the salient feature of the 21st century international relations, business partnerships can become genuine bridges towards peace and prosperity between the Muslim and non-Muslim world”.
Regardless of background, if we are “To promote dialogue and foster cooperation among the Muslim and non-Muslim businessmen in the belief that collaboration is the salient feature of the 21st century international relations, business partnerships can become genuine bridges towards peace and prosperity between the Muslim and non-Muslim world”.

Celebrating diversity, a passion for collaboration accompanied with a shared goal, lifestyle website MissTolentino.com and commercial enterprise SEM Scribe Publishing House join hands with the World Islamic Economic Forum Foundation to take youth leaders (Muslim and Non-Muslim) into the 21st century of international relations.

 

Market Views: Markets and Mining Sector Insights from a seasoned Investment Banker

With the inevitable rise and fall of the markets, has the Philippine mining industry taken a turn for the worse?

The Philippine Resources Journal together with MissTolentino.com sat down with investment banker and Mabuhay Capital Corporation Chairman, Mr. Raymond Davis, to discuss his take on the current mining situation and if potential investors should be thinking twice before investing in another mine.

Philippine Resources Journal together with MissTolentino.com discuss Markets & Mining Sector Insights with Mabuhay Capital Corp. Chairman, Mr. Raymond Davis in the May-July 2014 Economic Commentary issue of Philippine Resources Journal
Philippine Resources Journal together with MissTolentino.com discuss Markets & Mining Sector Insights with Mabuhay Capital Corp. Chairman, Mr. Raymond Davis in the May-July 2014 Economic Commentary issue of Philippine Resources Journal

 

The May-July issue 2014 of Philippine Resources Journal is now available.
The May-July issue 2014 of Philippine Resources Journal is now available.

 

 

For the full story, turn to page 24 of the May-July issue of the Philippine Resources Journal entitled:

Market Views: Markets and Mining Sector Insights from a seasoned Investment Banker

LINK: http://issuu.com/paperlesstrail/docs/philippine_resources_issue2_2014__m?e=0/8269815