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Philippine stock market sharply lower after massive Wall Street sell-off

February 28, 2007

Note: Article updated to reflect market closing figures. Original story published thirty minutes after the stock market opened today.

The Philippine stock market plunged to its six-week low today, ending almost 8% down from yesterday's closing.

The sharp decline followed the massive sell-off in Wall Street, which was triggered by sharp falls in the Chinese and European markets, a drop in US durable goods orders, and a warning by Alan Greenspan, former chairman of the Federal Reserve, that the US economy could go into recession this year.

The 30-company Philippine composite index finished down 263.84 points or 7.9% at 3,067.45.

It trailed the Dow Jones industrial average which shed off 416.02 points, its biggest one-day point loss since the day the stock market reopened after the September 11, 2001 attacks on New York and Washington.

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How to transfer your domains out of RegisterFly

February 27, 2007

Out of the more than 2 million domain names held by RegisterFly, four of them are owned by me (Not a lot compared to what you have, I know!). But just like you, I don’t want my domains held hostaged by Registerfly due to the current fiasco they are in (What fiasco? It’s here: Your domains with RegisterFly.com may be in danger).

Last weekend, I tested the waters by moving only one domain from RegisterFly and to GoDaddy. After its successful transfer, I decided to move all remaining three.

The transfer process is easy, but you need to read the fine lines and follow the procedure correctly. Otherwise your domains can end up stucked with RegisterFly, expired and unusable.

Here’s a step-by-step guide I made to help you swiftly and securely transfer your domains out of Registerfly.

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Payment for PMT Forex Club shares due tomorrow

February 26, 2007

Last call for those who still have not confirmed their subscribed shares or paid their investment in the PMT Forex Club (PMTFC).

The Club is set to start its first 3-month cycle in March 1, and the deadline to pay the equivalent amount of your subscribed shares is on Tuesday, February 27, on or before 3:00 p.m.

More details about the Club, including deposit and withdrawal information, can be found in the PMT Forex Club Investment Terms thread in the forum.

To read highlights of the Club's Online EB last night, drop by the PMT Forex Club YM Chat thread.

[tags]forex trading, investment, investment pool, forex club, philippines, filipino, pinoy[/tags]

Your domains with RegisterFly may be in danger

February 25, 2007

If you have domains registered with Registerfly.com, there's a reason to be concerned right now. RegisterFly, an ICANN-approved provider of internet hosting and domain name registration services, is currently in chaos.

In early February this year, RegisterFly (RF) Vice President John Naruszewicz filed a lawsuit against CEO Kevin Medina over allegations of fraud and embezzlement. CEO Medina allegedly used corporate funds to buy a $6,000 Chihuahua, $9,000 in escorts, $6,000 worth of liposuction (how big must he be to spend this much?), and a $10,000-per-month Miami Beach house.

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Google jobs for Pinoys

February 23, 2007

Google's Philippine country consultant Aileen Apolo recently notified us of the following positions in Google applicable to Filipinos. Positions will be based in Singapore.

For more info, visit the Google Jobs site.

AdWords Account Coordinator – Singapore

Responsibilities:
  • Provide excellent customer service to Google's advertisers.
  • Respond to customer service inquiries by email and phone.
  • Troubleshoot existing advertising campaigns and technical problems.
  • Optimize advertiser keyword lists and ads in order to maximise advertisers' ROI.
  • Consistently monitor emails, customer feedback and satisfaction.
  • Monitor and report on industry and competitor developments.
  • Analyze and report on market and company growth trends.
  • Opportunities to work on special projects, as needed.

Requirements:

  • Bachelors degree required.
  • Detail oriented; ability to complete a large volume of work quickly.
  • Excellent written and verbal communication skills.
  • At least 2 years customer service / client service experience.
  • Related experience at an Internet company preferred.
  • Strong computer applications skills.
  • Advertising operations experience preferred.
  • Fluency, written and spoken, in English plus another South East Asian language is an advantage.

AdWords Associate – Singapore

Responsibilities:
  • Provide excellent customer service to Google's advertisers.
  • Manage client advertising accounts by responding to inquiries by phone, email, and live chat.
  • Proactively and creatively identify and solve client problems.
  • Build strong relationships with customers and educate them on new product features.
  • Work collaboratively with your team to improve account performance for new and existing vertical customers.
  • Learn and work with Google's ongoing development of advertiser products to maximize client campaign results.
  • Optimize keyword lists and ads in order to maximize advertisers' ROI.
  • Leverage all available resources including Optimization, Sales Engineering, Product Management, Marketing, and Technical Support.
  • Identify opportunities to increase advertiser performance and investment.
  • Serve as a senior resource for the Advertising Operations team.

Requirements:

  • At least 3 years account management or client service experience required.
  • Detail oriented; ability to quickly complete a large volume of high-quality work.
  • Excellent written and verbal communication skills.
  • Proven record of successful process management and relationship development with large clients.
  • Experience in specific vertical or strong Internet advertising experience preferred.
  • Strong computer applications skills.
  • Bachelors degree required.
  • Fluency, written and spoken, in English plus another South East Asian language is an advantage.

How to earn money online

February 22, 2007

How do Filipinos make money online? Let us count the ways.

  • 1. Google Adsense and other Advertising Networks

How to make money online The most basic way to make money online is to create a site or blog and monetize it by having advertising networks serve ads to the site. Learn here how to start a blog then pepper it with content. The more content, the better, but optimize your site as well to attract more visitors who use search engines. Once you have a decent number of posts, join any of the popular advertising networks such as Google Adsense , AdBrite and Infolinks. They will give you snippets of codes that you have to add to your sites in order to show ads. When visitors click on the ads, you get paid.

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Looking for a good High-Yield Investment Program?

February 20, 2007

If you're into high yield investment programs but have grown tired of investing in scam autosurfs and HYIPs, why not try the PMT Forex Club Trading Fund for a change?

The Club, also called the PMTFC, is a forex trading pool that utilizes the Freedom Rocks! (FR) system. Backed by months of positive demo trading using FR, the Club will now start trading live starting March 2007. The minimum investment unit available is $100 and this will be locked in during the 3-month trading cycle.

Be advised that forex trading is a high-risk investment and the Club's returns are not guaranteed. Never invest money you cannot afford to lose.

For more details, visit the PMT Forex Club and Freedom Rocks! thread.

If you intend to purchase an investment unit, post in the Who's willing to invest in the PMT Forex Club Trading Fund? thread.

To ask questions directly to the Club Manager and Club Trader, join the YM Online Chat on Sunday, February 25 at 8:30 p.m.

[tags]forex trading, forex, investment, high yield investment, pool[/tags] 

DHL’s US$10,000 Young Entrepreneurs for Sustainability (YES) Awards 2007

February 19, 2007

The DHL Young Entrepreneurs for Sustainability Awards (DHL YES Awards) is an awards program that seeks to recognize and promote young social entrepreneurs in Asia working towards the UN Millennium Development Goals.

In the inaugural year, 2007, the Awards will initially take place in five countries in the Asia Pacific region – Bangladesh, Pakistan, The Philippines, Singapore and Thailand.

What are the UN Millennium Development Goals?

The eight (8) Millennium Development Goals (MDGs) whichform a blueprint agreed to by the world’s countries and leading development institutions galvanizing unprecedented efforts to meet the needs of the world’s poorest by 2015.

The 8 UN MDGs are:

  1. Eradicate Extreme Hunger and Poverty
  2. Achieve Universal Primary Education
  3. Promote Gender Equality and Empower Women
  4. Reduce Child Mortality
  5. Improve Maternal Health
  6. Combat HIV/AIDS, Malaria and other diseases
  7. Ensure Environmental Sustainability
  8. Develop a Global Partnership for Development

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B-Meg’s Php20,000 essay writing contest

February 18, 2007

B-Meg, the country’s premier manufacturer of livestock feeds, is sponsoring an essay writing contest offering cash prizes as much as P20,000 plus P2,000 worth of San Miguel products.

The overall theme for the contest is “The impact of B-MEG on the Filipino livestock raisers, the community and the nation.” The essay must discuss how a Filipino livestock raiser can benefit from a partnership with B-MEG and how B-MEG can have an impact in the community and the nation.

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Interview with Monching Romano, founder of Divisoria.com

February 16, 2007

You probably have been to Divisoria in Manila but have you been to Divisoria.com?

For the uninitiated, the latter is an online shopping site that offers Philippine products to anyone wherever he may be in the world. Look at it as the Filipino version of online giant Amazon.com.

Interview with Divisoria.com founder Monching Romano

Monching Romano, Divisoria.com’s founder, was gracious enough to accommodate PinoyMoneyTalk for an interview.

The excerpts of the interview can be found below but for the complete text, please visit the PMT Forum. Special thanks to bizsum, our December 2006 Member of the Month, for initiating the interview. Read more

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