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Robert Kuan
Roberto Fung Kuan (August 6, 1948 September 15, 2018) was a Chinese-Filipino restaurateur, businessman and philanthropist who founded the Filipino fast food chain Chowking. Born to an immigrant family in Manila, Kuan studied business administration at the University of the Philippines Diliman and the Asian Institute of Management. He ran Ling Nam, a Chinese restaurant in Binondo his family partially owned, for eight years and expanded it into a small chain. After learning of plans to remove him, Kuan resigned and started Chowking in 1985 on Henry Sy's advice. In a Filipino fast food industry dominated by Western-style joints, Chowking offered Filipino and Chinese cuisine. The restaurant started expanding in 1989 and became very successful, growing to half the size of market leader Jollibee. Kuan served as Chowking's president until 2000, when he sold his 50% equity stake to the Jollibee Foods Corporation; Jollibee creator Tony Tan Caktiong was a founding business partner. By th ...
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Manila
Manila ( , ; fil, Maynila, ), officially the City of Manila ( fil, Lungsod ng Maynila, ), is the capital city, capital of the Philippines, and its second-most populous city. It is Cities of the Philippines#Independent cities, highly urbanized and, as of 2019, was the world's List of cities proper by population density, most densely populated city proper. Manila is considered to be a global city and rated as an Alpha – City by Globalization and World Cities Research Network (GaWC). It was the first chartered city in the country, designated as such by the Philippine Commission Act 183 of July 31, 1901. It became autonomous with the passage of Republic Act No. 409, "The Revised Charter of the City of Manila", on June 18, 1949. Manila is considered to be part of the world's original set of global cities because its commercial networks were the first to extend across the Pacific Ocean and connect Asia with the Hispanic America, Spanish Americas through the Manila galleon, galleon ...
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Episcopal Church In The Philippines
The Episcopal Church in the Philippines (ECP; tl, Simbahang Episkopal sa Pilipinas; Ilocano: ''Simabaan nga Episkopal iti Filipinas'') is a province of the Anglican Communion comprising the country of the Philippines. It was established by the Episcopal Church of the United States (Protestant Episcopal Church in the United States of America) in 1901 by American missionaries led by Charles Henry Brent, who served as the first resident bishop, when the Philippines was opened to Protestant American missionaries. It became an autonomous province of the Anglican Communion on May 1, 1990. At present, the Episcopal Church has seven dioceses. Under Rev. Charles Henry Brent of the Episcopal Church of the United States of America, it was responsible for founding and overseeing institutions such as St. Luke's Medical Center, Brent International School, St. Stephen's High School, and Trinity University of Asia. Its principal ministerial training institution is St. Andrew's Theological Sem ...
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Interest
In finance and economics, interest is payment from a borrower or deposit-taking financial institution to a lender or depositor of an amount above repayment of the principal sum (that is, the amount borrowed), at a particular rate. It is distinct from a fee which the borrower may pay the lender or some third party. It is also distinct from dividend which is paid by a company to its shareholders (owners) from its profit or reserve, but not at a particular rate decided beforehand, rather on a pro rata basis as a share in the reward gained by risk taking entrepreneurs when the revenue earned exceeds the total costs. For example, a customer would usually pay interest to borrow from a bank, so they pay the bank an amount which is more than the amount they borrowed; or a customer may earn interest on their savings, and so they may withdraw more than they originally deposited. In the case of savings, the customer is the lender, and the bank plays the role of the borrower. Interes ...
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The Freeman (newspaper)
''The Freeman'' is a daily English-language newspaper published in Cebu, Philippines. It is the longest-running newspaper in Cebu, first published on May 10, 1919. Since 2004, the newspaper has been published by the Philstar Media Group, publisher of the Manila-based newspaper, ''The Philippine STAR'', with former owner Jose "Dodong" Gullas retaining editorial control over the newspaper. The motto of the newspaper is "Fair and fearless". History Background ''The Freemans beginnings can be traced back to the American colonial era in the Philippines from 1898 to 1946. At the time, the Americans had just granted the Filipino people several civil and political rights, including freedom of the press, which encourage several enterprising individuals to establish various newspapers in English and the local languages. In Cebu, several local newspapers emerged, such as the first Cebuano-owned newspapers ''La Justicia'' (1899) and ''El Nacional'' (1899), owned by politician, lawyer and j ...
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Business Management
Business administration, also known as business management, is the administration of a commercial enterprise. It includes all aspects of overseeing and supervising the business operations of an organization. From the point of view of management and leadership, it also covers fields that include office building administration, accounting, finance, designing, development, quality assurance, data analysis, sales, project management, information-technology management, research and development, and marketing. Overview The administration of a business includes the performance or management of business operations and decision-making, as well as the efficient organization of people and other resources to direct activities towards common goals and objectives. In general, "administration" refers to the broader management function, including the associated finance, personnel and MIS services. Administration can refer to the bureaucratic or operational performance of routin ...
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Master's Degree
A master's degree (from Latin ) is an academic degree awarded by universities or colleges upon completion of a course of study demonstrating mastery or a high-order overview of a specific field of study or area of professional practice.
A master's degree normally requires previous study at the bachelor's degree, bachelor's level, either as a separate degree or as part of an integrated course. Within the area studied, master's graduates are expected to possess advanced knowledge of a specialized body of theoretical and applied topics; high order skills in analysis,
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Audit
An audit is an "independent examination of financial information of any entity, whether profit oriented or not, irrespective of its size or legal form when such an examination is conducted with a view to express an opinion thereon.” Auditing also attempts to ensure that the books of accounts are properly maintained by the concern as required by law. Auditors consider the propositions before them, obtain evidence, and evaluate the propositions in their auditing report. Audits provide third-party assurance to various stakeholders that the subject matter is free from material misstatement. The term is most frequently applied to audits of the financial information relating to a legal person. Other commonly audited areas include: secretarial and compliance, internal controls, quality management, project management, water management, and energy conservation. As a result of an audit, stakeholders may evaluate and improve the effectiveness of risk management, control, and governan ...
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Bachelor's Degree
A bachelor's degree (from Middle Latin ''baccalaureus'') or baccalaureate (from Modern Latin ''baccalaureatus'') is an undergraduate academic degree awarded by colleges and universities upon completion of a course of study lasting three to six years (depending on institution and academic discipline). The two most common bachelor's degrees are the Bachelor of Arts (BA) and the Bachelor of Science (BS or BSc). In some institutions and educational systems, certain bachelor's degrees can only be taken as graduate or postgraduate educations after a first degree has been completed, although more commonly the successful completion of a bachelor's degree is a prerequisite for further courses such as a master's or a doctorate. In countries with qualifications frameworks, bachelor's degrees are normally one of the major levels in the framework (sometimes two levels where non-honours and honours bachelor's degrees are considered separately). However, some qualifications titled bachel ...
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Industrial Engineering
Industrial engineering is an engineering profession that is concerned with the optimization of complex processes, systems, or organizations by developing, improving and implementing integrated systems of people, money, knowledge, information and equipment. Industrial engineering is central to manufacturing operations. Industrial engineers use specialized knowledge and skills in the mathematical, physical and social sciences, together with the principles and methods of engineering analysis and design, to specify, predict, and evaluate the results obtained from systems and processes.Salvendy, Gabriel. Handbook of Industrial Engineering. John Wiley & Sons, Inc; 3rd edition p. 5 There are several industrial engineering principles followed in the manufacturing industry to ensure the effective flow of the systems, processes and operations. This includes Lean Manufacturing, Six Sigma, Information Systems, Process Capability and Define, Measure, Analyze, Improve and Control (DMAIC). Th ...
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Water Buffalo
The water buffalo (''Bubalus bubalis''), also called the domestic water buffalo or Asian water buffalo, is a large bovid originating in the Indian subcontinent and Southeast Asia. Today, it is also found in Europe, Australia, North America, South America and some African countries. Two extant types of water buffalo are recognized, based on morphological and behavioural criteria: the river buffalo of the Indian subcontinent and further west to the Balkans, Egypt and Italy and the swamp buffalo, found from Assam in the west through Southeast Asia to the Yangtze valley of China in the east. The wild water buffalo (''Bubalus arnee'') most likely represents the ancestor of the domestic water buffalo. Results of a phylogenetic study indicate that the river-type water buffalo probably originated in western India and was domesticated about 6,300 years ago, whereas the swamp-type originated independently from Mainland Southeast Asia and was domesticated about 3,000 to 7,000 year ...
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Carabao
The carabao ( es, Carabao; tgl, Kalabaw; ceb, Kabaw; ilo, Nuang) is a domestic swamp-type water buffalo (''Bubalus bubalis'') native to the Philippines. Carabaos were introduced to Guam from the Spanish Philippines in the 17th century. They have acquired great cultural significance to the Chamorro people and are considered the unofficial national animal of Guam. In Malaysia, carabaos (known as kerbau in Malay) are the official animal of the state of Negeri Sembilan. Etymology The Spanish word is derived from Visayan (likely Waray) . Cognates include Cebuano , Javanese , Malay , and Indonesian Dutch . The female is called (in Spanish) a . The word's resemblance to '' caribou'' is coincidental, and they do not share a common etymology — an example of a false cognate. Carabaos are also known in Tagalog as (derived from Spanish). Before the Spanish era, carabaos were more widely known as ''nuang'' among the Ilocanos of Northern Luzon, and ''anowang'' and ''damulag'' am ...
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Manila Bulletin
The ''Manila Bulletin'' (), (also known as the ''Bulletin'' and previously known as the ''Manila Daily Bulletin'' from 1906 to September 23, 1972, and the ''Bulletin Today'' from November 22, 1972, to March 10, 1986) is the Philippines' largest English language broadsheet newspaper by newspaper circulation, circulation. Founded in 1900, it is the second oldest extant newspaper published in the Philippines and the second oldest extant English language, English newspaper in the Far East. It bills itself as "The Nation's Leading Newspaper", which is its official slogan. According to a survey done by the Reuters Institute for the Study of Journalism, Manila Bulletin is considered "one of the most trusted news organizations"; placing 2nd with 66% of Filipinos trusting the organization. History ''Manila Bulletin'' was founded in 1900 by Carlson Taylor as a shipping journal. In 1957, the newspaper was acquired by Swiss expatriate named Hans Menzi. From 1938 to his death in 2002, ...
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