Center for Global Best Practices

INCOTERMS refer to international commercial terminologies used by traders, importers, exporters, customs brokers, logistics companies, non-life insurers, bankers in the shipment of goods via land, air, and sea. Embedded in these terminologies are the trade rules that clearly define the seller’s and buyer’s obligations as part of a contract. The new set of INCOTERMS took effect worldwide on January 1, 2020! These changes will have a tremendous impact on the trade documentation and will have critical implications on your businesses. Understanding these new rules and incorporating their use in sales contracts eliminate the uncertainties, errors and costly mistakes in the interpretations created in trade transactions. To educate the different stakeholders on this, the Center for Global Best Practices, in collaboration with the International Chamber of Commerce, is hosting a training program entitled " INCOTERMS 2020: Revised International Rules on the Interpretation of Trad...

Importation of goods can be your new source of business or a great way to save on costs to stay competitive for those who want to go direct to their source of supply of goods and commodities overseas. To teach you the secrets of importers, the Center for Global Best Practices will host a pioneering program entitled, “ Best Practices Guide on How to Import Goods to the Philippines ” scheduled on Monday, January 20, 2020 at the EDSA Shangri-La Hotel, Mandaluyong City, Philippines. This special training is for those who want to really learn the best practices for a trouble-free importation of goods to the Philippines. The lecture will include an easy step-by-step guide on the intricacies in dealing with the Bureau of Customs, import license issues, entry processes and procedures, compliance and documentary requirements, solving the technicalities, frequently encountered issues at Customs, and many more! Learn the secrets of informed importers to save you on costs, valuable tips an...

Update yourself and your organization with the latest Supreme Court decisions, all recent BIR revenue regulations, memorandum orders and circulars relevant to business owners and taxpayers covering the period from January to December 2019! The Center for Global Best Practices will be holding a one-day training entitled, “ New Year Tax Updates and Remedies ” on Friday, January 10, 2020 at the Marriott Grand Ballroom, Resorts World Complex, Pasay City, Philippines. Be in the know and take advantage of the wealth of information in this once-a-year event! This training will teach you and your organization all the best practices to maximize the benefits granted by law – ensuring compliance, minimizing and avoiding unnecessary tax exposures, assessments and penalties from the taxing authorities. This program will also give you a refresher on TRAIN Law. Knowledge of this will help you find better ways to build your strategies on tax minimization or optimization of savings. Whet...

Who inherits what and how much? What needs to be done to disinherit someone entitled to a share of the family’s wealth? How do you know a will is valid? How much share can extended family relatives inherit when the giver doesn’t have children?    To answer these and other questions about inheritance, the Center for Global Best Practices is launching a pioneering program entitled, Inheritance and Disinheritance Law of the Philippines to be held on Thursday, December 5, 2019 at the Marriott Grand Ballroom, Resorts World Complex, Pasay City, Philippines. This one-day training will provide you and your family a comprehensive understanding of the general principles as well as solutions to specific cases and issues faced by grandparents, parents, children (legitimate, illegitimate, adopted), immediate family members, other relatives and stakeholders who will benefit from an inheritance. This special lecture will also include relevant and recent Philippine Supreme Court ru...

The Science of Developing Mental Toughness in Your Health, Work, and Life Have you ever wondered what makes someone a good athlete? Or a good leader? Or a good parent? Why do some people accomplish their goals while others fail? What makes the difference? Usually we answer these questions by talking about the talent of top performers. He must be the smartest scientist in the lab. She’s faster than everyone else on the team. He is a brilliant business strategist. But I think we all know there is more to the story than that. In fact, when you start looking into it, your talent and your intelligence don’t play nearly as big of a role as you might think. The research studies that I have found say that intelligence only accounts for 30% of your achievement — and that’s at the extreme upper end. What makes a bigger impact than talent or intelligence? Mental toughness. Research is starting to reveal that your mental toughness — or “ grit ” as they call it — plays a more i...