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The president and CEO of McDonald’s PH speaks.
Kenneth Yang got his first exposure in McDonald’s when he attended training with his father, George Yang, in Hong Kong. The senior Yang went there on his own initiative without the assurance of getting the franchise from the US.Yang, who was only ...
Lessons from a third-generation CEO.
There is a famous Chinese saying that goes: “Fu Pu Kuo San Tai,” which literally means “wealth does not pass three generations.”The first-generation patriarch works hard to build the business. The second generation inherits it and grows the family fortune while the ...
The stock is currently a good candidate for value investing.
The Philippine Statistics Authority (PSA) reported last week that inflation in October has accelerated to 7.7 percent, the highest in 14 years, from 6.9 percent in September.With global inflation on the rise as supply chain issues caused by the ongoing war in ...
Heads up.
Amid rising inflation, food stocks are generally considered to be recession hedges because they are able to pass on the additional costs to consumers through higher prices.But higher interest rates as a result of the rise in inflation also raises risks of ...
Get on it quick.
Holding companies, which are also known as conglomerates, own equity stakes in various businesses. Theoretically, the combined valuation of all its businesses should equal its total market value.But market history has shown that conglomerate stocks have always underperformed the stock market because ...
The king of fruit shakes has a few lessons to share.
Lester Yu was only 24 years old when he resigned from his job as a local bank branch manager to pursue his dream of launching his own business startup.Yu put up his pearl shake drink business called Lush Coolers, which he quickly ...
Hear us out.
The Philippine Statistics Authority (PSA) recently reported that the national inflation rate has accelerated to 6.9 percent for the month of September, the highest in four years after slowing down to 6.3 percent in August.With the peso falling towards P60 to a ...
There is opportunity in a crisis.
Rising uncertainties from peso depreciation, inflation and interest rates continue to hound the stock market, as the PSE Index lost another 414 points in the third quarter.The PSE Index has lost much as 23.9 percent since it peaked in February this year ...
Educate yourself.
You may be working in the corporate world for some time now and you have always dreamed of becoming financially independent, but you cannot seem to save enough money, even though you are earning good income.One of the most common reasons why ...
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