Disclosures via social media
By Raul J. PalabricaSocial media have recently been recognized as a reliable means for disclosure of material information in publicly traded companies in the United States.
Social media have recently been recognized as a reliable means for disclosure of material information in publicly traded companies in the United States.
Last week, a video clip posted on YouTube by a Filipino based in Canada, Proceso Flordeliz Jr., showing the alleged rude behavior of Philippine Consul General to Vancouver Jose Ampeso went viral in the Internet.
DEMAND for data protection and recovery products will boom in the Philippines as more businesses expand online, use social media and rely more on technology to grow, according to Malaysia-based Vanilla Applications Sdn Bhd and its Philippine partner INFOStorage Corp.
Members OF social media have banded together to protest the Manila Bay Reclamation project. Lately, Facebook petition sites called “S.O.S. Manila Bay: Save our Sunset!” and “No to Reclamation of Manila Bay” have surfaced.
Following its shift from traditional media advertising, Nestle Philippines already made quite a dent online via Facebook as it generated two million “likes.”
Like CRM (customer relations management), creating a brand presence on Facebook is a long-term commitment. Once the Wall is open updates must be made regularly and someone must answer fan comments, queries and complaints. Brands can’t afford to ignore social, but when—and how—does this investment pay off?
Tycoon Andrew Tan’s beverage unit Emperador Distillers Inc. posted a banner year in 2011. But how will the proposed excise tax reforms on “sin” products affect it moving forward? Tan doesn’t see the new tax measures spoiling EDI’s momentum.
A new IBM study of more than 1,700 chief executive officers from 64 countries and 18 industries reveals that CEOs are changing the nature of work by adding a powerful dose of openness, transparency and employee empowerment to the command-and-control ethos that has characterized the modern corporation for more than a century.
As we said earlier, what’s happening at the Securities and Exchange Commission is linked to the fortunes of the state-owned Development Bank of the Philippines, the state-owned bank that David Balangue is reported to be keen on joining in lieu of the corporate watchdog. DBP president Francisco Del Rosario Jr., after all, is set to leave by September 30, saying he’s getting older, wants to slow down and needs to avoid stress that may lead to “spondylolysis” (some defect of the vertebra).
The group of Manuel V. Pangilinan may have consented to another revision in the contract for the operation and management of the country’s longest expressway, Subic-Clark-Tarlac Expressway (SCTEx), but this can be all for naught as the Department of Finance is keen on recommending a rebidding of the contract.
In these days of the Internet and social media, branding has never been more important.
There’s a new proverbial smoking gun to prove the commission of offenses that keeps abreast with the times—incriminating computer files.
