The Manila Times

2023 - 3 - 18

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Romblon on my mind (The Manila Times)

We spent four glorious days on a weekend in Tablas, Romblon to celebrate the birthday of Lord of Villa M Resort Dr. Gunter Matschuck.

George and Dr. It was truly a weekend of fun and should I say also time to relax away from the hustle and bustle of city life. The celebrant himself was behind the bar mixing cocktails and offering drinks to his guests.

IMI narrows losses despite headwinds (The Manila Times)

INTEGRATED Micro-Electronics Inc. (IMI) further narrowed its losses in 2022 to $6.76 million, improving from $10.56 million in 2021, despite continued ...

The non-wholly owned subsidiaries incurred $6.10 million in losses for the fourth quarter of 2022, bringing the total to a net loss of $18.20 million for the year. The firm said that the recovery of the supply shortages, particularly for aerospace and defense, remained slower compared to other markets, and was further complicated by the recovery of the euro and the British pound against the US dollar in the fourth quarter of 2022. A net $2.20 million in one-off gains was also booked in the fourth quarter in 2022 to align IMI's accounting for the estimated useful life of manufacturing equipment with the rest of the industry from an average of seven to 10 years which, in turn, was partially offset by some financial provisions. Its core businesses achieved a net income of $4.10 million in the fourth quarter of 2022, ending the year with $11.50 million. Its gross profit for the fourth quarter stood at $33.30 million for a 9.1-percent margin. "Electronic component supply levels struggled to cope with the surge in demand of the automotive market partly driven by increase in electric vehicles, thus leading to high raw material prices and inefficient utilization of facilities," he added.

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Times execs garner honors anew (The Manila Times)

The Manila Times President and COO Blanca Mercado was among more than 30 women executives honored by the International Council for Small Business ...

Michael Alexander Ang accepted the awards on behalf of his father and brother. Lordan Suan as Exemplary Leader in Public Service and Empowered Humanitarian Advocate for Peace, Karen Davila as Influential Journalist and News Media TV Personality, Alex Santos as Dedicated News Anchor with Transformative Public Influence, Coco Martin as Phenomenal and Iconic Actor in Entertainment Industry and Imelda Papin as Iconic Female OPM Singer of All Time. Jikyeong Kang, president dean of Asian Institute of Management; and Josiah Go, chairman of Mansmith and Fielders Inc. (ret), former Commanding General of the Philippine Air Force; Robert Galang, former president of TV 5 and Cignal TV; Enrique Soriano, managing director of WB Advisory Asia; Dr. Meanwhile, The Manila Times Chairman Emeritus Dante Arevalo Ang Sr. Aldaba, DTI Undersecretary for Competitiveness Bureau; Director Lilian Salonga, director of DTI Competitiveness Bureau; Alice Liu, president and COO of Golden ABC/Penshoppe; Emelda Teng, COO of Mango Tree/Tong Luk Signatures; Rosalind Wee, vice chairperson of Group of Companies; Cathy Saldana-Siegel, president of PDP Architects; Ana Carolina Sanchez, DTI undersecretary and chief of staff; Blesila Lantayona, DTI Undersecretary for Retail Operations Group; Mary Jean Pacheco, DTI assistant secretary for E-Commerce Group.

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Rich Rodriguez honors Filipino spirit through Masaya store (The Manila Times)

At the heart of Pine Ave. in Long Beach, California is a joyful store that is rich with color, unique products, and a culture that is inspired by Long ...

And, I'm part of many communitiesโ€“the ones I was born into and the ones I chose. I'm also 'masaya' in the brand sense because I'm a Filipino-American who has been influenced by my own culture and the cultures of the people and places I've experienced in my life so far. There have been so many great moments, but really it's when someone stops in front of the shop or comes for an event, walks in, takes everything in and browses, and makes a point to tell me the vibe is refreshing and makes them feel happy. The R2R X Masaya Collection gave us a chance to highlight the stories and beauty behind some of the Philippines' traditional weaves like Binakol and Pinilian and generate support for the talented artisans who produced the products in the collection. They were the people I contacted when I was trying to problem solve on issues that would come up and brainstorm new ideas. My aim this year is to partner with an emerging Filipino artist to create a new mural for the shop. It was important to incorporate references to the ocean and sea life along with a responsible approach to the brands I would sell and the products they make. In fact, I chose the name to honor the spirit of the Filipino people! I wanted the shop to not only be a place for customers to buy high quality, responsibly made goods, but also a place that would tap into their senses and give them different ways to experience the brand. When my husband and I moved to Long Beach, we fell in love with the city for a lot of reasons, and one was the number of small, independent shops selling unique goods. I had the idea to open a shop back in the early aughts when I was living in Brooklyn, New York. I got to know some of the local business owners and began talking to them about their experiences and letting them into my dream.

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