Philippine Asian News Today Vol 18 No 20 | Page 28

B4 HEALTH & WELLNESS PHILIPPINE ASIAN NEWS TODAY October 16 - 31,, 2016 Why Relationship Marketing? Jayne’s World By Jayne Anastacio “Coming together is beginning. Keeping together is progress. Working together is success.” Henry Ford I never thought in my life time that I would partake in a business like relationship marketing, or what is traditionally called network marketing or multi-level marketing (MLM). There are people who steer clear away from MLMs. It is more than likely a limited belief about how this model of business truly works, and or they have heard negative stories about MLM. I was one of those who never wanted to get into this business because I thought it was just all about selling to as many people as you can “get” I didn’t like that concept, as I myself do not like to get “sold” to. I have been “sold to” by really savvy sales people. I usually never saw them again after that. I realized I came back to buy from people I could relate to, because they related to me; people who seemed genuinely caring about what I valued. My close friend, Laura Angco first introduced me to Seacret. I was only going to buy some products to support her business. I tried the skincare line, and fell in love with it! I eventually decided that I wanted to tell everybody about this product because of how good it made my skin look and feel. This journey has been incredibly enlightening! Many of us in the Filipino community have joined many different relationship marketing companies. There are so many products and services that offer independent distributorship. Why are we so attracted to MLM? From my own experience in the 3 years in this business I can give a few reasons: • Self-development. What you learn about yourself through the discipline and process of this business is priceless no matter whether or not you choose to stay in this profession • Only YOU can determine your worth, and no one else. You are your own boss, and you learn how to become a good leader. • Being around likeminded, positive people is good for your soul in many ways. • It is inevitable that you can make your business grow exponentially if you duplicate the actions of the leaders who have reached high levels of income rankings. • Hard work truly pays off in a way that eventually, you are rewarded with freedom to spend time and money the way you desire. This business “calls you out” and challenges your potential. You can either limit yourself or become limitless. I can honestly say that there have been times I have wanted to quit, as I watched others quit on me. But it wasn’t really me they were quitting on. They were just quitting period. Nothing personal, so I shouldn’t take it personally. Another valuable lesson learned. My entrepreneurial friends, I admire you all for being extraordinary and courageous. To all my readers, please support your family and friends as best as you can. We value you and your business. Our businesses can only thrive through your referrals, and consumption of our products or services. The way I look at it is that everybody buys soaps and other skincare products anyway, so why not buy from people you love and trust? Some products you may find pricey, however, the value of high quality products you put on or inside your body should matter most- your health and well-being matter most. #ExperienceSeacret is coming to a city near you! You will absolutely love it! Contact me: [email protected] DOF wants zero tax for pay P250,000 and less annually The Department of Finance (DOF) has presented to the Senate the Proposed Tax Policy Reform Program Package 1 granting zero duties for workers earning P250,000 and less annually. In its 26-page presentation before the Senate committee on ways and means chaired by Senator Juan Edgardo “Sonny” Angara, Finance Secretary Carlos Dominguez III said that tax reform is needed to fund the tenpoint socio-economic agenda of the administration. Dominguez said that the administration aims to raise additional P1 trillion per year to fund these socio-economic agenda by instituting the following: • Tax Policy Reform to create a simpler, fairer, and more efficient tax system characterized by low rates and a broad base that can promote investment, job creation, and poverty reduction; • Tax administration reforms in the Bureau of Internal Revenue (BIR) and Bureau of Customs (BOC); • Budget Reforms to improve spending, transparency, and efficiency so that savings can be generated; and • Solid economic growth to increase opportunities (multiplier effect) All are needed. Higher chances of tax reform succeeding if done together with other reforms. Dominguez said that by 2019, fiscal agencies aim to raise P600 billion (3% of Gross Domestic Product in 2019 prices) to fund priority investments of the Duterte administration. • P400 billion (2% of GDP) from tax policy reform • P200 billion (1% of GDP) from tax administration reform • BIR: Increase taxpayer satisfaction, reduce compliance cost, gain public trust, and protect revenues. • BOC: Protect revenues from smuggling while enhancing trade facilitation. tem Proposed income tax sys- With this, DOF presented to the Senate that for the first year and second year of implementation, those workers who are earning P250,000 and below will not be taxed. For those earing P250,000 to P400,000 there would be zero tax but will collect 20% of the excess over P250,000 plus 20% of the excess over P250,000. The government will collect P30,000 tax for those earning over P400,000 to P800,000 for the first year and P22,500 for the second year onwards, plus 25% for the first year and 20% for second year and onwards, of the excess over P400, 000. For those earning P800,000 to P2 million, there would be P130,000 tax for first year and P102,500 for the second year and onwards. But there will be 30% tax of the excess over P800,000 for the first year and 25% for the second year onwards. For those earning P2 million to P5 million, P490,000 will be collected plus 32% of the excess of P2 million for the first year and P402,500 tax plus 30% of the excess over P2 million for the second year and onwards. For those earning over P5 million, P1.450 million will be collected plus 35% of the excess over P5 million in the first year; and P1.302 million tax plus 35% of the excess over P5 million for the second year and onwards. Value-Added Tax for seniors, PWD Dominguez also said that the administration plans to stop Value-Added Tax exemptions to senior citizens and persons with disabilities. “While the poor and vulnerable rightly need protection, using VAT system is not a good way to address their needs as it leads to large leakages. Targeted cash transfer are a better option,” the presentation said. For senior citizens, Dominguez said this could come in the form of higher socialized pension or cash transfer using the 4Ps. “The alternative protection for senior citizen can be designed to be welfare neutral and still raise revenues as leakages are plugged. Less leakage means more money for benefits of the poor senior citizens,” Dominguez said. (E. Reyes, Interaksyon) PH animators shows talent in France THE Animation Council of the Philippines Inc. (ACPI) recently showcased the digital content capabilities of the Philippines at the International Market of Communications Program (MIPCOM) at the Palais des Festivals et des Congres. “MIPCOM is a big opportunity for the animation industry of the Philippines. The major players are here and our presence in this important event is essential. We expect to generate new busi- ness engagements as there is a growing demand for content and creative services here in Europe” said ACPI President Juan Miguel del Rosario. The Philippine participation at the MIPCOM was supported by the Department of Information and Communications Technology (DICT), the Philippine Embassy in Paris, the Philippine Trade and Investment Center in Paris (PTIC-Paris), and the Department of Trade and Industry’s Export Marketing Bureau (DTIEMB). Represented at the MIPCOM were companies including ASI Animation Studios, RenderBee, Synergy88, TeamApp, Toon City, Toon City Academy, Top Peg Animation, and 88storey Films. These Filipino companies are among those with creative design and animation capabilities for web and mobile games applications, interactive and immersive visual technology, animation for television, film, and the Internet, production of audio-visual presentations and commercials for television, cinemas and the internet. “Given the capabilities of the participating companies, we are confident that this participation will open opportunities for the content industry in the country as we aggressively move to prioritize new markets and new services to expand our exports,” said Senen Perlada, director of WWW.PHILIPPINEASIANNEWSTODAY.COM the DTI-Export Marketing Bureau. “France has the largest animation industry in Europe and the third largest in the world, so there is a lot of potential for our animation industry to set up partnerships and increase awareness of the creative Filipino talent in France,” Philippine Ambassador to France Ma. Theresa Lazaro said.(R.S. Sausa, MT)