Starbucks lauded for giving seniors 40% discount
MANILA, Philippines — Speaker Martin Romualdez commended Starbucks Philippines for offering on Wednesday a 40 percent discount to eligible customers on all its food and drink items.
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Over a cup of coffee
EVERY year, on the last Sunday of January, I look forward to my high school reunion. I belong to the class of 1962 of the Manuel A. Roxas High School in Paco, Manila. Our numbers are dwindling fast. It is almost ghoulish to ask who is still alive, but I just have to know.
Starbucks stops cap on PWD, seniors discount
THE local chain of the coffee shop Starbucks has suspended its illegal move to limit the 20 percent discount and exemption from the 12 percent value added tax of senior citizens and persons with disabilities (PWDs) as a committee of the House of Representatives opened its investigation into the failure of business establishments to comply with existing laws mandating the grant of discounts to the elderly and disabled.
DTI okays price adjustments for coffee, salt
MANILA, Philippines: The Department of Trade and Industry (DTI) on Wednesday approved price adjustments for nine stock-keeping units (SKUs) for coffee and salt.
What is a 'right of first refusal' and how does it work?
This question was asked in response to yesterday’s story about the possible existence of a “right of first refusal” (ROFR) clause in the shareholders’ agreement (SHA) for investors in the Light Rail Manila Corp. (LRMC). The LRMC is a closely-held private company, meaning that it has a small number of shareholders, and since there is no public market for the sale of those shares, the shareholders in such a company almost always sign a SHA to govern important aspects of ownership like how decisions will be made, how disputes will be resolved, and how shares can be sold or transferred. In reality, these agreements are massive, and since they’re just negotiated contracts, the parties are free to make up whatever weird and wild clauses they like or to modify existing templates to suit whatever special situations are in play. > What is a ROFR clause? In this case, a ROFR clause is used to control how shares are sold and transferred, and it gives the other parties to the agreement the right (but not the obligation) to buy any shares that are being sold before they are sold to parties outside of the agreement.
Best food in Manila in 2023: Ultimate Taste Test winners revealed
MANILA, Philippines — Few are given the gift to help launch small, home-based start-ups into full-fledged businesses the way the Ultimate Taste Test (UTT) of Our Awesome Planet has done for the past 15 years.
WATCH: Bread haven Busan cafe in South Korea
BUSAN, South Korea — If one happens to be in Busan, South Korea, there is a destination that has been gaining fans for its beautiful view of Busan harbor, which can be enjoyed while sipping a good cup of coffee (or tea!) and a generous portion of one's favorite pastry.
Recipe: Chocolate, banana in 1 dessert
MANILA, Philippines — Desserts by Chef Jill Sandique, one of the country’s most talented pastry chefs, are always a treat.