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Pinoy Entrepreneurs
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Friday, 17 October 2008 |
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One of the recurring themes here in Pinoy Entrepreneurs, as mentioned before, is who made it big in business. Yesterday we looked at the US to see the 400 wealthiest Americans. Now, in addition to the 2008 world billionaire's list, the 5 inspiring OFW entrepreneurs, and the successful and inspiring Pinoy Entrepreneurs, let's see who are the wealthiest in the Philippines for 2008. |
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Money and Finance
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Thursday, 16 October 2008 |
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Money and Finance
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Friday, 10 October 2008 |
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Businessmen, entrepreneurs and any person already know that collecting unpaid accounts or obligations, simply called debts, is not really easy at times even if there are co-guarantors. Maybe the debtor in a valid contract simply doesn't want to pay. Maybe the debtor is in a terrible financial condition, specially at this time where there are talks of recession or economic depression. Worse, the cost in pursuing small amounts in court usually hinder the collection effort. Maybe that would change with a new twist in procedure. |
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Polls
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Thursday, 09 October 2008 |
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Before you proceed to read this article, perhaps you’d like to cast your vote first. The poll is found at the left side of this site. Now, let’s proceed to discuss whether Pinoy Entrepreneurs should be happy about Senate Bill No. 2403, or the proposed “Health and Education Acceleration Program (HEAP) Act of 2008."
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Books
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Wednesday, 08 October 2008 |
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Reading business or management books, especially from Peter Drucker, seems to be easier than reading biographies. Despite that, and despite some not-so-positive reviews, I wasn't able to stop reading the new 960-page biography of Warren Buffett. Written by by Alice Schroeder, the book ( Bantam Books, 2008) tells the extraordinary story of someone who considers himself as "simple." |
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Money and Finance
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Tuesday, 30 September 2008 |
What is PERA?
PERA stands for “ Personal Equity and Retirement Account,” which refers to the voluntary retirement account established by and for the exclusive use and benefit of the Contributor for the purpose of being invested solely in PERA investment products in the Philippines. The Contributor shall retain the ownership, whether legal or beneficial, of funds placed therein, including all earnings of such funds. He makes all investment decisions pertaining to his PERA, with an option to appoint an Investment Manager. |
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Polls
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Tuesday, 30 September 2008 |
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You've most probably heard about the now dwindling discussion about a proposed law that seeks to "guarantee universal access to medically-safe, legal and quality reproductive health care services and relevant information." In short, it gives couples a choice on what birth control method to use. This, of course, is against the natural-birth control stance of the Catholic Church and we could see the faithful taking arms against the proposed law - the Reproductive Health and Population Development Act of 2008 (full text of House Bill 5043 here). |
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Money and Finance
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Sunday, 14 September 2008 |
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A bank run is a financial crisis, a panic which occurs when a large number of customers of a bank fear it is insolvent and withdraw their deposits. You may still remember the bank run suffered by Urban Bank some years back. It's also a rude awakening that even big banks suffer a financial crisis which adversely affects its depositors. Incidentally, and by way of update, even giant US financial institutions like Fannie Mae and Freddie Mac had to be bailed out; Lehman Brothers is having serious problems and AIG is fighting to survive. (See the poll at the left side of this blog: Are you comfortable right now with your money in the bank? See initial results here.). |
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