Changing the unfriendly Philippine skies

Article Abstract:

Philippine Airlines has once again requested its government to severely reduce the flights of its foreign competitors in the hope of improving its troubled condition. However, it has already resorted to this strategy in the past and this has backfired against the beleaguered airline because the protection policy severely damaged the tourist industry. By limiting other airlines' flights to the Philippines, potential tourists are being shooed away to other countries such as Indonesia and Thailand.

Scheduled Airlines, Scheduled Air Transportation, Political activity, Column, Airlines, Travel industry, Philippine Airlines Inc.

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More firms in the region link bonuses to performance; companies hope to cut costs, make wages flexible and reward their best employees

Article Abstract:

More and more Asian companies are employing bonuses as a reward for performance with the purpose of reducing costs, making wages more adaptable, and ensuring that the best workers remain because their efforts are being rewarded. One Hong Kong-based firm using bonuses is benefits consultant Watson Wyatt Worldwide which has increased its variable bonuses from 69% to 86%. However, it is advised that variable-pay plans need to be objective, start small and be appropriate for the corporate culture.

United States, Bonus & Merit Payments, Performance, Management, Asia, Bonuses

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Manila's hotels enter 2000 with good expectations; Hong Kong market may be hurt by new openings, but property developers could enjoy pickup

Article Abstract:

This article discusses Manila's hotels and how the hotel industry there will improve in 2000. Industry consultant Horwath Asia Pacific thinks that the outlook for Manila's room and occupancy rates in 2000 is good, and that the market will get a boost from the lack of many new hotels opening.

Market information - general, Financial analysis, Hotels & Motels, Hotels (except Casino Hotels) and Motels, Analysis, Planning, Hotels and motels, Horwath Asia Pacific

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