PPA Income Inch-Up 16% in 11 Months

Wazzup Pilipinas!

The Philippine Ports Authority (PPA) posted a 16% hike in its net income in the January to November 2017 period despite starting the year on a conservative mood.

PPA was able to achieve the feat through its sound financial condition and strong Philippine economic status despite having some concerns with the Philippine peso the entire year.

Latest data from the PPA showed that net income for the period in review reached P8.310 billion or some 16% higher than the P7.164 billion posted a year earlier. 

The actual figure also eclipsed the forecasted net income of P5.983 billion for the period by P2.326 billion or 38.87%.

PPA General Manager Jay Daniel R. Santiago is ecstatic about the prospect of ending the agency’s fiscal year way above the red line despite forecasting to at best flat growth for 2017 due to concerns clouting the mining industry and the volatile foreign exchange rates.

“The performance of the PPA is way above expectation as we were able to eclipse almost all forecasted levels of the financial facet of the agency,” Santiago said.

“We expect an even bigger margin when our December figures start to come in. Not only for December but for the entire 2017 considering that we overshoot our targets by at least 10% every month until the end of November,” Santiago explained.

Total revenues during the 11-month period, meanwhile, grew by 6.71% to P13.846 billion from P12.976 billion collected in the same period in 2016. Port revenue went up by 6.61% to P13.754 billion from P12.901 billion due primarily to increase in volume of traffic at the ports as well as the adjustment in foreign exchange rates. The top five revenue earners are NCR South, Batangas, Davao, Bataan/Aurora, and Surigao.

Fund Management Income (FMI), on the other hand, increased by 22.92% to P91.99 million from P74.84 million for the same period in 2016 anchored on the purchase of a P500 million Treasury Bills, which, in effect, increased the volume of investments funds of the PPA. This facilitated the revamp in earnings and counterweighed the fluctuations in prevailing interest rates on special and high-yield savings deposits and economic uncertainties.

Total expenditures for the period in review fell by 4.73% to P5.537 billion from P5.811 billion in 2016 wherein Operating Expenses  amounted to P5.398 billion, down 5% from P5.657 billion a year earlier. Non-operating expenses likewise went down by 9.9% to P139.02 million for the period in review from P154.30 million a year earlier.

“This performance exhibits an overall healthy financial condition with indications of strong ability to service obligations and long-term financial security,” Santiago stressed.

“The agency will continue to work harder in 2018 to improve its revenues that will eventually translate to better and efficient ports and services for the public in the short- and long-terms,” Santiago added.

Should You Outsource SEO Functions or Do it on Your Own?

Wazzup Pilipinas!

If you own an online business, you need to decide what service provider to choose for SEO work. The recent trend is about outsourcing SEO work to the offshore providers and all businesses are faced with the same question - whether to outsource or not.

It is beneficial to companies and businesses, although there are businesses that find it difficult to outsource SEO and feel a lack of confidence. The chief merit of outsourcing is high-quality work at cost-effective rates.

Read on to know more.

Much better SEO results with the help of knowledgeable experts

The SEO results that you are going to get with the help of knowledgeable experts will be outstanding. You will be able to tap into the expertise of SEO professionals and run your business in a better manner while experiencing great results.

On the other hand, the cost that will be incurred will be quite low. You may move to an overseas company to save further.

Overseas companies offer efficient services, yet charge less. Do not think that if the services are outsourced offshore, the results will be bad.

These service providers will give you much better results and help your website to rank higher.


No need to keep an in-house team of SEO providers

By outsourcing to a firm, such as SandCrestSEO, you are actually hiring someone who has the talent in it and is learned in the matter. The professional will get good results in a quick manner.

There is no need to have an in-house team of SEO providers for the SEO work. You simply have to focus on your business and need not bother about site optimization.

If you want to run your online business in a successful manner, you can hire a team of professionals and outsource the task.

A good service provider can help your website to make it to the top 5 on search engine result pages. The best part is that such outstanding results may be attained by expending just a few hundred dollars.
Who Should Outsource SEO?

Before you choose some company for outsourcing the site optimization task, you must ask yourself the following questions:

Do I wish for amazing SEO results?

Do I want my site to make it to the top at the earliest?

Do I wish for outstanding results at low prices?

If the answer to all the above questions is ‘yes’, you may opt for a professional company to outsource the service. Choose only an experienced company for site optimization work.

Businesses all across the globe want to outsource SEO, as it is convenient and hassle-free. Keeping your own in-house team of SEO providers is difficult, as you have to pay salary and train the experts from time-to-time. To avoid such things, you may outsource the work.


Author Bio:

Evans Walsh is a freelance content writer. He has written many good and informative articles on different categories such as technology, health, fashion, beauty, education, career, travel etc. He is very responsible towards his job. He loves to share his knowledge and experience with his friends and colleagues.

Get the Best Mattress within Your Budget - How Should You Proceed?

Wazzup Pilipinas!

When you are shopping for your new home, some of the elemental things have to be invested, and these are often one time investments. One such item is the mattress for your bed.

There are different types of mattresses which are available, and you can easily make a choice depending on several factors like your material preference, the budget, the size of the mattress and any health issues that you may have which can lead to trouble sleeping.

Here we are going to share some tips which would help you shop for a mattress and find the best and at the same time ensure that you can maintain a budget. Also, we suggest checking out Top Cheapest Mattresses (Affordable & Budget Friendly) guide to help you understand what to look for. But first, make sure you read our below tips!

Discount and vouchers

There are different discounts vouchers which are available online as well as at the stores. You can easily get them from the respective brands and at online websites which are mainly meant for such coupons and vouchers.

These vouchers make it easier to find the right product within your budget and get the perfect value for the money you pay. You can rest assured that you do not have to compromise on the quality that you are getting from the store.

There are different qualities of the mattresses, and you can easily make the right choice when your budget restraint is manageable.

Consider your health conditions

Some people have troubles with bone and postures which are triggered when you are sleeping in the wrong position, or the quality of the mattress is not good enough.

If you have any such health issues, the mattress must be chosen accordingly. The memory foam talk is the perfect mattress for addressing troubles with sleeping posture and bone and joint pain issues. The quality of this mattress is superior to most, and this is the ideal value for the money that you are paying for it.


Do your research

Before you go to the store for buying the mattress, make sure that you have done your own study well so that you have a fair idea about the price of the different kinds of mattresses. It will help you make your choice and take the right decisions wisely.

There are various types of mattresses, in different shapes, sizes and materials which different features and the prices vary accordingly. Make sure that you have a thorough idea about the standard price range for every type of mattress that is there and then goes to the store so that you can do your shopping without any hassle.

Making a choice is essential to ensure that your mattress is suitable enough for your health condition as well as for your home.

Author Bio:
Silvia Watson is a freelance content writer. She has written many good and informative articles on different categories such as technology, health, fashion, education, career, travel etc. She is a featured author at various authoritative blogs in the health and fitness industry and currently associated as a blogger with https://www.memoryfoamtalk.com/