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Saturday, June 24, 2017
The Millennials

The Millennials

Characterized by their enthusiasm for technological and communication advances, members of the so-called Generation Y blazed paths in a new world of information-sharing using social-networking technologies. Join us as we look into the social, economic and political issues arising from an increasingly networked society in light of technological changes, and how they reshape and influence the lives and relationships of a generation who grew up in a hyperconnected world. This space would devote a textual gramophone for the 15- to 29-year-olds. If you belong to this generation, send an 800-worded essay to opinion@businessmirror.com.ph. Editorial rules apply.

AS darkness hugged the city street, Richerbert Curso methodically switched on lights in a watering hole he and his business partner Lester Paje thought was “only a dream”. Curso flopped his weight on one of the bar stools chucked at the end of the restaurant along Maria Clara Street in...
UNLIKE their senior counterparts, millennials express their activism in different platforms and avenues. The availability of numerous options, like social media, has given them to pursue their brand of activism not only in the streets but also in cyber space to push for social change. Waves for Water, an international...
THE Faustos is a family on a mission. They want to save the Filipino millennials from a potential debt trap by teaching the development of a “financial quotient”. “Our objective is spread financial literacy and improve financial well-being. We want to go beyond just teaching because there is a big...
THE days of cash as king may be a step closer to ending. After six years of laying a foundation, major banks are ready to introduce Zelle, a digital payments network that will allow people to send money instantly through participating banks’ mobile apps. But Zelle faces competition. Since the...
TEHRAN, Iran—Mostafa Meisami has given up on the farming life, trading his old job raising cattle for a better-paying gig ferrying commuters through the notoriously traffic-clogged streets of the Iranian capital Tehran. The 38-year-old father-to-be plies his trade in a brand-new, locally assembled Chinese hatchback, scrolling for fares using an...
AT the center of etiquette is just respect. And though it may seem like we are not dealing with real people with feelings in virtual reality, we are. That is why it is very important to know that real people will be reacting to whatever you haphazardly post. It helps...
SHE offers a fresh face of inspiration. Meredith Hazel C. Cua, 27, has a strong passion for academic excellence since she was young. She graduated with distinction (8th of the batch) in her high school class at the Immaculate Conception Academy. The drive to stand out continued when she took...
BERKELEY, California—When Dan Goldwater first attached kaleidoscopic LED lights to the spokes of his bicycle wheels and rode through the Burning Man festival at night, the crowd was wowed. And the “burners”—people who flock to the giant late-summer counterculture festival in the Nevada desert—were not the only ones. Back home...
IN an age where transactions can be done online, there is a copious amount of equivalent mobile app for just about anything. Aside from the more prominent Uber and Lazada, there’s, say, a period-tracker app, which, well, is very reliable in predicting when your next “Aunt Flow” will be; there’s...
READINGTON, New Jersey—Timothy Piazza started out a shy high-school student in New Jersey who flushed so deeply scarlet when speaking to a girl that some called him Barney after the purple dinosaur. A growth spurt turned him into a gentle giant, keen to protect more vulnerable peers. He fell...
ASEAN content and consumer company Astro Malaysia Holdings Berhad (Astro) is targeting millennials to grow its business in the Philippines. Steve Santos, country manager for Astro’s Tribe over-the-top (OTT) platform, told the BusinessMirror that target was already there when the company started operations in the Philippines in December last year. “It...
Sharp Philippines Corp. announced on May 19 it will develop appliances with the millennials segment of consumers in mind. “Sharp is quite aware that Millennials want appliances that bring convenience to their fast-paced and comfort-seeking lifestyle,” Sharp Philippines Marketing Manager Rosemary Hao told the BusinessMirror. “In response, Sharp will out...
CULTURES change, and new generations are born out of those changes. For many, this might sound obvious. All you have to do is think about transporting a 25-year-old to 1965. Even after she got over the shock of losing her smartphone, she’d probably still be baffled. Why are so many...
IT was hard to tell if the opening of Sephora’s new store near Herald Square in New York was a red-carpet affair or a girl’s night out at the spa. A DJ played techno-pop while guests sipped Moet Champagne and dabbed Jo Malone on their wrists. One twenty something wrapped...
WITH graduation gifts, it’s the thought that counts. The cash is nice, too. Spending on graduation gifts in the US is expected to reach $5.6 billion this year, according to a new survey from the National Retail Federation (NRF). That tops last year’s $5.4 billion and is the highest...
MILLENNIALS have enough problems as it is. Must they give up their avocado toast, too? In an interview with Australia’s 60 Minutes on Monday, Tim Gurner, a 35-year-old real-estate mogul in Melbourne, suggested that young adults would be more likely to be able to afford to buy a home if...
NEW YORK—Facebook has been bent on copying Snapchat ever since the social- media giant tried unsuccessfully in 2013 to buy what was then an ephemeral photo-messaging app. Now, the company behind Snapchat is hoping to copy some of its larger rival’s own practices, at least with respect to courting...
By Vernon Velasco THE best time to put up a business is when you have saved enough money to afford it, and you have worked long enough as an employee in a corporation and have made enough mistakes. It is okay to make mistakes, but not with your money. Thus said...
COACH and Kate Spade have long been the affordable luxury brands of choice for the aspirational shopper. From Coach’s embossed logo and leather handbags to Kate Spade’s kitschy, colorful accessories, their products lured buyers who wanted a taste of fashion without the sharpest edges—or the highest cost. But in...
MIEL Villamor fell in love early in life. At 28, Villamor followed her heart and put up Fifth Rack, a lifestyle concept store business because she loves fashion. The BusinessMirror sent Villamor questions via electronic mail and asked about her experiences as an entrepreneur. What is your objective for Fifth Rack? I want...
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