News & Current Events Archives » Page 15 of 21

Pacquiao vs de la Hoya: Who will win?

On December 6, Filipino boxing champion Manny Pacquiao will battle “The Golden Boy” Oscar dela Hoya in what is dubbed boxing’s “Dream Match.” Recent reports … Read More

Don't travel to Thailand right now

A friend of mine from the Department of Foreign Affairs (DFA) told me to forward the message to all concerned to postpone any travel to Thailand because of the current chaos and unrest occurring in the country.
Apparently, thousands of people are stranded in Thailand right now because protesters shut down the country’s main airport.
This recent incident is already a major escalation of the four-month campaign of protesters to oust the prime minister.

How much have you lost so far in this bear market?

The global economy is now said to be in recession. Stock markets worldwide have been suffering from steep losses. And individual investors are losing money in most of their investments.
In the PMT Forum, members have been talking about how much they have lost so far during this bearish period of the market. Here are some posts.

P100 UP Centennial bills now being circulated

Have you gotten yourself a 100-peso bill with the UP Oblation logo on it?
I asked because it seems like the bills are now widely circulated. For one, some PMT readers posted comments in the article Limited edition Php100 UP Centennial bills that they are selling their bills (at a premium, that is).
Last month, I dined at Jollibee Philcoa and the change I got consisted of one UP Centennial P100 bill. A week later, I got another UP Centennial bill as change from Greenwich Philcoa.
Then last Saturday, I withdrew cash from a UnionBank ATM in Ortigas and, to my surprise, the ATM churned out five crisp, brand-new bills (see photo below).

How to check fake or illegal recruitment agencies

Do you know how many OFWs (Overseas Filipino Workers) are there around the world? According to the Population Reference Bureau, around 11% of the Philippine population or roughly 11 million Filipinos are working as OFWs. This number keeps on increasing as more and more Filipinos seek greener pastures outside of the country.
But there are several Filipinos who apply for work abroad who also end up as victims of fake recruitment agencies. Everyday, hundreds — probably even thousands — are duped by false promises of overseas employment.
How can you check if an agency offering a job abroad is legal or licensed by the Philippine Overseas Employment Agency (POEA)?

Bar Exam Questionnaire – "Civil Law" questions 5

Actual 2008 Philippine Bar Exams Questionnaire CIVIL LAW (Part 5 of 5) XVII. Felipe borrowed $100 from Gustavo in 1998, when the Phil P – … Read More

Starbucks closing 600 stores in the US

And the spate of bad news around the world continues.
Premium coffee retailer Starbucks Corp. announced that in the next year, it will close around 600 company-operated stores in the United States. The move was a response to the company’s weakening profitability, hurt partly by the struggling economy in the US.
And the spate of bad news around the world continues.
Premium coffee retailer Starbucks Corp. announced that in the next year, it will close around 600 company-operated stores in the United States. The move was a response to the company’s weakening profitability, hurt partly by the struggling economy in the US.
And the spate of bad news around the world continues.
Premium coffee retailer Starbucks Corp. announced that in the next year, it will close around 600 company-operated stores in the United States. The move was a response to the company’s weakening profitability, hurt partly by the struggling economy in the US.
And the spate of bad news around the world continues.
Premium coffee retailer Starbucks Corp. announced that in the next year, it will close around 600 company-operated stores in the United States. The move was a response to the company’s weakening profitability, hurt partly by the struggling economy in the US.
And the spate of bad news around the world continues.
Premium coffee retailer Starbucks Corp. announced that in the next year, it will close around 600 company-operated stores in the United States. The move was a response to the company’s weakening profitability, hurt partly by the struggling economy in the US.

Philippine inflation rate may still rise

The country is still reeling from the effects of a 14-year high inflation rate of 11.4% but the Bangko Sentral ng Pilipinas (BSP) warned that prices may still rise and inflation might peak during the 3rd quarter of 2008.
The good thing, though, is that according to the BSP, it may come down starting the last quarter of the year and may continue until 2009.

News & Current Events

Pinoy Money Talk