$4,500 Adsense earnings in 1 day, fake or not?
October 23, 2007
Pinoy Money Talk member CookieMonzter dropped by the Google Adsense Earnings Survey discussion thread and made a lot of people drool when he shared that he earned $4,552.64 from Adsense in just one day.
The screenshot he posted also showed that, on the day after that, he has already earned $2,583.70 — and the day’s not finished yet!
Here’s the screenshot of his Adsense earnings:
Fake or not?
rainmen starts blogging to show you the money
October 23, 2007
Let PMT member rainmen show you the money as he starts blogging today about business, finance, investments, and life in general in the blog $how You The Moneï¿¥.
In his first post, Hedging in Layman’s Terms, rainmen defines and explains in simple terms the concept of “Hedging.”
The blog is accessible at http://www.pinoymoneytalk.com/showthemoney/.
(Oct. 15-19 Stocks Update) PSEi lower due to US concerns, rising oil prices
October 22, 2007
The Philippine stock market lost its early momentum last week and closed 0.12% lower at 3,819.75 following the growing uneasiness over the US economy and rising oil prices.
On Monday, October 15, investors snapped up stocks after returning from a 3-day weekend, with the composite index (PSEi) finishing at 3,861.38, nearly 1% higher from the previous week’s close.
Investor sentiment dampened during the week, however, as oil prices became volatile and concerns over the US economy continued.
Week-to-week and Year-to-Date (YTD, i.e., beginning of the year until this week) performances of the Philippine equity sectors are as follows:
(Legend:) Market Sector : Week’s Closing ; 1-Week Change ; YTD change
- PSEi : 3,819.75 ; -0.12% ; 28.07%
- All Shares Index : 2,388.18 ; -0.21% ; 28.37%
- Financial Sector : 966.81 ; -2.22% ; 17.50%
- Industrial Sector : 4,746.99 ; -0.94% ; 20.47%
- Holding Firms Sector : 2,143.05 ; -2.05% ; 23.78%
- Property Sector : 1,774.01 ; 2.58% ; 38.14%
- Services Sector : 1,879.82 ; 1.03% ; 26.08%
- Mining and Oil Sector : 8,203.46 ; 7.08% ; 81.18%
Here are last week’s top 10 gainers and losers.
The 40 richest Filipinos in 2007
October 21, 2007
Forbes Magazine released last week its list of “The Philippines’ 40 Richest.”
The top 40 are worth a combined $17 billion, a billion dollars more than last year. For the first time in a decade, a Filipino broke into the billionaire ranks. The son of a poor immigrant factory worker, Andrew Tan restructured his holding company, Alliance Global, and as a result, his net worth jumped to $1.1 billion from $480 million last year.
Manuel Villar, the Philippine senate president, is the year’s biggest gainer. From $110 million last year, his net worth shoot up 755% to $940 million after the public offering of his company Vista Land & Lifescapes.
Seven other tycoons including Tony Tan Caktiong and Enrique Razon Jr. saw their fortunes jump by at least $100 million. Fifteen others are wealthier than last year.
A glimpse of the four (4) billionaire Filipinos:
1. Jaime Zobel de Ayala & family
Networth: $2 billion
Age: 73
Marital Status: Married, 7 children
Patriarch of country’s largest conglomerate, Ayala Corp. Family referred to as the Filipino royal family. Stepped down as chairman last year. Personally holds no shares; wealth now in children’s hands. Eldest son, Jaime II, Ayala’s chairman, chief executive.
2. Henry Sy & family
Networth: $1.7 billion
Age: 82
Marital Status: Married, 6 children
Completed merger of his Banco de Oro with competitor Equitable PCI in May, forming nation’s second-largest bank. His SM Prime Holdings is nation’s largest shopping mall developer. Shares fortune, which includes stakes in a dozen companies, with his children.
3. Lucio Tan & family
Networth: $1.6 billion
Age: 73
Marital Status: Married, 6 children
Former chemical engineer from China mopped floors to pay for school. With family, owns Fortune Tobacco, nation’s largest cigarette maker; Philippines Airlines, which just emerged from 9 years in receivership. Being sued on claims that much of his wealth belongs to late president Ferdinand Marcos’ estate.
4. Andrew Tan
Networth: $1.1 billion
Age: 55
Marital Status: Married, 4 children
Big boost to fortune from restructuring holding company Alliance Global; shares of his property company, Megaworld, also higher. Likes to eat breakfast at McDonald’s (his group owns stake in country’s franchise) and sip his Emperador brandy, world’s largest seller by volume. Son of factory worker walked to college campus — couldn’t afford bus fare.
Manuel Villar, George Ty, Andrew Gotianun, Enrique Razon, Tony Tan Caktiong, and Oscar Lopez complete the rest of the 10 Richest Filipinos.
Their photos and profiles after the jump.
20,000 jobs in Guam may open to Filipinos
October 21, 2007
According to a GMANews.tv report, as much as 20,000 jobs are waiting for Filipinos in Guam, a United States territory, in the next 3 to 5 years.
Without a doubt, the cheap but skilled Filipino manpower is still in great demand in the international market.
Plans to build new base facilities are underway in Guam as the US marines prepare to relocate from Okinawa to the island state by the year 2010.
The decision of the US Armed Forces to leave Okinawa would be a windfall for Filipino workers known for their construction prowess.
Construction will start next year to the tune of US$12-billion for the relocation of the US marine base from Okinawa to Guam.
The island state will need personnel to man the bases like maintenance and operations work, catering and cleaning, and all necessary work needed to operate a huge US base that will accommodate 30,000 marines and their dependents.
The POEA will control the outflow of Filipino workers to Guam and the private recruitment agencies will work with licensed international contractors in the recruitment and training of competent workers.
Bloghopping on a Saturday (Issue #3)
October 20, 2007
Here I go bloghopping again on a Saturday. Today, I'm sharing you interesting posts I found from blogs that I read. If you want your blog to be mentioned here, link back or post a comment so I can go visit your blog next time.
Here's what I saw in other blogs this week:
- MichelleMalkin comments on Friday's Glorietta mall "bombing".
- Dexter of TechatHand finds some unusually delicious-looking USBs. Bon appetit!
- If you're trying to juggle between having a job and continuing to blog, read Allen's post on Silkenhut to find out how he does it.
- In case you're looking for the official websites of the cities in Metro Manila, Jeffrey of ManilaBlog has the information.
- Teejay of PinoyTech has a tip on how not to forget things. The strategy does sound simple but it certainly works!
Happy weekend and happy bloghopping to all!
Photos and videos of the Glorietta Mall blast
October 20, 2007
Eleven (11) people were confirmed dead and more than a hundred injured during the October 19, 2007 blast at the Glorietta Mall in Makati, Philippines. News report from GMANews.tv:
A powerful blast, believed to be caused by a bomb, rocked a crowded shopping mall in Manila's financial district about 1:30 p.m. Friday, killing at least 11 people and injuring more than a hundred others.
The explosion caused extensive damage throughout the Glorietta 2 shopping complex in Makati City, toppling roofs, destroying walls, and sending debris crashing onto cars outside.
Pictures and videos of the blast site below.
When helping others, when is enough, enough?
October 19, 2007
In a society such as the Philippines that highly values the family, dole-outs to parents and, sometimes, to siblings and relatives, are an accepted — nay, expected — ingredient of the relationship.
Children who are earning are, to a certain point, obligated to provide financial support to parents. In most cases, the handout of financial support continues for the rest of the parents' lives.
If the person eventually found financial comfort ("nakaluwag-luwag na," as we say), the assistance sometimes extends even to siblings or relatives — uncle, aunt, cousin, niece, nephew, even the malayong kamag-anak, you name it.
The practice has its share of both supporters and critics. On the one hand, a dole-out is viewed as merely "sharing one's blessings" or "paying it forward." On the other, it is seen as a crippling form of aid.
What then separates the line between being charitable and tolerating mendicancy?
Here are a few opinions from some Pinoy Money Talk members. Add your thoughts in the "Dealing with Dependents" discussion thread.
A Happy Slip video, brought to you by Xoom.com
October 18, 2007
Money transfer company Xoom.com teamed up with Christine Gambito, better known as Happy Slip, to come up with a funny sketch about a grandmother's problem and how Xoom, of course, solves it.
In the video entitled Lola in Trouble, the characters — all played by Gambito — deal with the money problem of Happy Slip's lola (grandmother) who is in the Philippines.
Watch the Lola in Trouble video below.
My favorite part: "Exh-ooom from the tomb!"
Very funny.
iRemit stock price up 17.5% on first trading day
October 18, 2007
Repeating the GMA7 IPO performance on its first trading day, the stock price of money remittance firm iRemit Inc. bucked the trend and closed 17.5% higher at P5.50 while the Philippine bourse ended lower for the second straight day.
iRemit (I-Remit), with stock code "I", ended 82 centavos higher from its initial public offering (IPO) price of P4.68. It hit a high of P5.90.
The Philippine composite index, however, was down 55.18 points or 1.5% at a two-week low of 3,760.04. The broader all-share index fell 29.64 points or 1.2% to 2,364.69.
Decliners swamped gainers, 90 to 29, with 53 stocks unchanged.
iRemit is the largest Filipino-owned non-bank remittance company in the Philippines. The P658 million proceeds from the IPO is expected to be used to finance expansion in existing and new markets, augment working capital requirements, and retire some of the company’s short-term debts.
