Showing posts with label management. Show all posts
Showing posts with label management. Show all posts
Government Really Wants to Buy the MRT3 Completely? #ViralInternetLinks
What transpired in the past for this MRT3 buyout really gave much headache to our leaders and all the Filipinos alike. Even the businessmen, workers and media people were squabbling for money that was intended for this transaction.
The 2015 budget that’s been allocated cannot conform to the whole and complete MRT3 buyout of the government, in which, the taxpayer’s money could be extended for it’s not enough even though the government’s trying its best to push through this buyout.
Transportation Secretary Joseph Abaya said that a so-called equity value buyout of the MRT-3’s operator, Metro Rail Transit Corp. (MRTC), was progressing despite thorny legal issues, including the latter’s suit filed in an arbitration court in Singapore. The buyout was ordered by President Aquino last year to end the huge rental fees guaranteed to its private operator.
It’s really known that this buyout needs the approval of MRT Holdings for any transaction by the government. But this talk never happened as what Bob Sobrepena’s expected. The government allotted P56 billion for the EVBO following Executive Order 126 issued by President Benigno Aquino III in February 2013. (An EVBO is a right given to MRTC in case the government is unable to fulfill its obligations.) But private shareholders of the MRTC insist that the value falls short from its total equity value, and pointed out that the P56 billion only accounts for the bonds controlled by the two state-run banks.
The Senate approved such fund through adding the 2015 budget for maintenance and development of MRT3 system, but not for the buyout. The DOTC wanted for the buyout to be completed, in which, they needed another 100 billion pesos for the bonds. The implementation of the equity value buyout (EVBO) of Metro Rail Transit Corp. (MRTC) could start in the first week of January, with the House of Representatives set to approve the P53.9-billion budget for the government’s takeover within the month.
But to effectiveness of the buyout, the government and MRT Corp. (MRTC), the private concessionaire of the train system, must enter into a compromise agreement first. But, through the compromise agreement with the MRTC, the Department of Transportation Commission (DOTC) Secretary Joseph Abayashould initiate such meeting to put forward of this plans. Entering into a compromise contract would effectively end the ongoing arbitration case in Singapore. The case was lodged against the government in 2008 due to its failure, as the operator of the line, to pay billions of rentals payment to the owner of the rail system.
The reason why the government really wants to buy the MRT3 completely is to have a controlled train system for the riding public. The management, operations and development of MRT3 will have a continuous effect to the government revenues than giving it to private institution. But the fact remains, the government couldn’t complete the whole MRT3 buyout because of funding. That’s why they practiced the delaying tactics for the last 6 months until the 2015 budget will save them. The projected budget came short that they needed money for complete buyout. Likewise, the government has not even consulted with Metro Rail Transit Holdings and formally to talk about the buyout.
Photo Source: LinkedIn Booth by Dynamic Network Services, on Flickr
LinkedIn – Get Linked in With the Right People
Linkedin is a great network for professionals but do you know how to build your brand and get new leads for your websites? Check out these 5 tips.
With millions of professionals from 130 different industries, Linkedin represents a potential gold mine for high end leads for your websites. Many members are looking for new job opportunities but this network’s real value to you is the incredible knowledge base and new business opportunities that can strengthen your personal brand and increase your websites’ potential.
Here is a list of five simple steps to get the most out of your Linked in account.
Don’t gloss over your profile
A basic first step is establishing your profile and you should take the time to make this look like an executive bio and not just a resume. Insure that you have included all of your educational credentials and memberships to professional organizations (particularly if you held a leadership position) as well as relevant job titles.
Don’t waste copy on your ego. Give specific examples of what you have contributed to former employers and what you have done to grow your own business. Cite a case study if appropriate.
The objective here is to make you as attractive as possible to potential new business opportunities including those who may want to do a joint venture with you.
Link up your profile
Linkedin gives you three opportunities to link out to your websites. In the profile page click on edit and then click on “more” and this will allow you to edit the default settings for My Website and My Blog.
Change these titles to keywords that are relevant for both. For example if you have an accounting business you may change My Website to accounting service or tax accounting. The same goes for your blog. Use these opportunities to build backlinks to your websites.
Company Page
Here’s an opportunity to look like an industry leader. Include your logo and sell the benefits of your operation. Make sure you include your websites as well. If you have employees, make sure they link to this page.
Create a group…join a group
Linked in groups are where the action is at and you’ll want to participate in them for two reasons. The first is to develop potential leads by creating or joining a group that would be of interest to you market.
This is a social network so get social. Respond to articles, answer questions and put yourself in a position to be viewed as an expert in the field or at least as a reliable source of information. If you start your own group you obviously have considerably more control over what direction interactions are going to take.
Don’t look just for end users
If your websites all promote consumer goods you probably won’t find end users in Linkedin. What you will find are distributors and manufacturers’ representatives and these can be great resources for distribution and new sales opportunities.
Keep that target audience in mind when you create articles or respond to questions and comments. Developing relationships with this group can give your websites the extra marketing boost that turns them into home-runs.
If your business is B2B you’ll find a gold mine of potential distributors as well as end users it’s simply a matter of being active and getting recognized.
Use the Q&A
The Open Q&A is a great place to participate in and draw attention that can lead to connects. Focus on participating in this at least two or three times a week and you will go a long ways in developing a reputation as a valued source.
You can also use this forum as a market research tool and evaluate what your target audience is interested in or wants answers to. His can obviously help you develop hot, relevant content for your e-commerce website.
Online business networking really is no different than offline events. The obvious advantages include access to a far larger network than you could possibly create offline and far better tools to get your brand out to the world. But remember it is networking which means this is not a fire and forget strategy but one you have to work on consistently if you want your websites to benefit.
ABOUT THE AUTHOR: A freelance writer who meticulously structured and maintained blogs just for you:A LIFE SO FAR AWAYand my other blog:OFW: THIS IS MY LIFE AND STORY Thank you for your valuable time. Follow my business & writings and you'll find what life's meant to be.
