In what is touted as the biggest corporate bond issue in the Philippines, beer company San Miguel Brewery, Inc. (SMB) successfully raised P38.8 billion or US$800 million during this week’s sale of its fixed-rate bonds.
Petition to PDIC: Do NOT mail valid claims payment!
Depositors of the closed Legacy rural banks have little reason to rejoice when the Philippine Deposit Insurance Corporation (PDIC) announced on March 9 that all depositors, including those with deposit balances of more than P100,000.00, can now submit claims.
That’s because according to the PDIC, “payment of valid claims shall be mailed.”
Now, it takes only a bit of common sense to know that sending payment cheques via mail is not a good idea.
Where to get annual reports of companies
In the past week, I received three emails from students asking where they can get annual reports of Philippine companies. It seems like they are required to pass a copy of an annual report for one of their Management subjects.
So where exactly can you get a company’s annual report?
Top 10 Young Billionaires under 40
Facebook is definitely in but the guy who created it — Mark Zuckerberg — is out of Forbes Magazine‘s 2009 list of the world’s youngest billionaires.
The 24-year-old Facebook creator was the youngest billionaire in 2008 with around $1.5 billion networth. This year, he was dislodged from the Top 10 as the company’s revenues did not follow the growth of the site’s membership.
The title of youngest billionaire is now held by German Prince Albert von Thurn und Taxis with a networth of $2.1 billion.
Google founders Sergey Brin and Larry Page are still the richest among the young billionaires.
Here is the 2009 list of the world’s richest and youngest, ranked based on networth.
The beginning of the end of Adsense?
I wanted to call this article “The Death of Adsense” but some guy back in 2006 wisely used that title already for an ebook.
In any case, I think we’re just talking about the same thing: that right now, it is very tough to earn decently from Google Adsense to the point that some webmasters will soon see the end of their relationship with this online money-making program.
Why is this so?
Good news about CAP Educational Plan
PMT Forum member abbeytuds shared a bit of good news about CAP Educational Plan. Apparently, all is not lost in this failed pre-need firm.
She said that she went to CAP’s Makati office this week to inquire about her sister’s claims. CAP is still alive, according to her, and although there were only very few staff there, they were accommodating.
The good news is, she was offered payment for the educational Plan ECU-A that her sister fully paid (gross price: P155,560). These were the payment options given to her.
Problem with Google Adsense
What’s wrong with Google Adsense recently?
That’s the question my friend who runs an entertainment portal emailed me to ask. He is wondering why the performance of his Adsense income has been “weird and erratic” during the first three days of March.
For instance, his double-digit daily earnings dropped considerably to just one digit during March 2 and 3. And yet, the number of ad clicks “strangely increased” with no corresponding increase in ad income.
Getting Western Union-Adsense payments at BPI
Yesterday, I got my Google Adsense earnings via Western Union. For a change, though, I opted to pick up my payment at a branch of the Bank of the Philippine Islands (BPI).
Yes, for those who do not know it yet, you can go to BPI or any other local bank to get your Western Union payments.