Investing in the Philippines

March 26, 2014 1 comment

Investment

Please check out my blog on Financial Freedom called Rich Filipino Club.

History has proven that investing in quality stocks can give greater returns than most investment instruments. This offers you the best chance in achieving your financial goals and gives you the ability to later enjoy the benefits of your money working for you.

Growing up in an average Filipino family setting, I never really paid attention in investing.  I was under the impression that for me to be successful I need to study hard and get high grades, find a good job, save and go on with my life.  Never was I aware (or I guess I ignored it) that saving your money in the bank will only yield a measly 0.25% interest per year.  This simply means that your Php100 will earn you 0.25 centavos in one year.

I attended a seminar recently about investing in the Philippine Stock Market and it really was a huge eye opener.  Ask any Filipino what’s the US Dollar to Philippine Peso exchange rate and they would give you a somewhat correct number.  In contrast, try to ask a Filipino what’s the current inflation rate  and you’ll be lucky if he/she even knows what it means.

Inflation in the country is at 4.1% which is still considerably low.  How does this impact you and your goal to be financially independent?  You’re money needs to earn at least 4.1% this year to break-even and more to earn.  Is your money going to earn 4.1% by sleeping in your savings account?

 

photo credit: epSos.de via photopin cc

My Case against HTC Philippines and SIS Philippines – Finale

September 8, 2013 5 comments

HTC

Everyone has been asking what happened to my administrative case against HTC and SIS Philippines.

I’m happy to report to you guys that HTC finally owned up to their mistakes and has made considerable efforts to correct the mistakes they did.  Robert Dorano, Service Manager of HTC Philippines, contacted me a few days before the official hearing of my case at DTI and offered to settle.  After giving it some thought, I decided to give HTC a second chance and accepted their offer to replace the unit they damaged with a new unit that’s of equal value as my old HTC phone.  I was later informed that HTC Philippines is no longer connected with SIS Philippines and that the later has ceased operations as of last month.

What I learned from this experience?

  1. Persistence and patience are two things you need to have plenty of when you want change.
  2. Good Customer Service can definitely make or break a company no matter how big they are.
  3. Change is the only thing constant to keep up with the changing market.

To HTC Philippines… thank you and congratulations for making major changes in your organization and hopefully you continue to improve your processes.

My Husband’s Lover under CBCP scrutiny

June 25, 2013 Leave a comment

My Husband's Lover

Photo from My Husband’s Lover Facebook Page

GMA Primetime teleserye “My Husband’s Lover,” the first local television show to heavily tackle homosexuality, is under the scrutiny of the Catholic Church, reports Radyo Veritas.

The Catholic Bishops’ Conference of the Philippines Episcopal Commission on Youth (CBCP-ECY) has urged television networks to be sensitive to themes being tackled in their programs.

CBCP-ECY executive secretary Fr. Kunegundo Gargantaang said TV producers and writers must study themes presented in their shows and make sure they are based on moral standards.

He said guidelines regarding themes followed by TV networks are important, especially for television shows with controversial content. Gargantaang urged networks to consider how the shows impact young viewers’ consciousness.

Malaking pag-aaral ang dapat na gawin sa mga bagong teleserye tulad ng “My Husband’s Lover” na sana maisa-alang-alang na nasa isang bansa tayo na mayroong kultura na pinapahalagahan ang usaping moral o mga bagay na saklaw ng moralidad.Ito ang dapat na isaalang-alang ng mga gumagawa ng teleserye,” he told Radyo Veritas.

Music Video courtesy of GMA Network‘s Youtube Account

Palace: MTRCB to handle any complaint

In reaction to Gargantaang’s statement, Malacañang asked parents to report any complaints regarding the controversial show to the Movie and Television Review and Classification Board (MTRCB), which has reassured the public that it will immediately act on them.

Deputy Presidential Spokesperson Abigail Valte said Sunday: “Alam niyo po, madali — mabilis pong gumalaw ang MTRCB lalo po ’pag nakaka-receive po sila ng mga complaints from parents. So ini-encourage na lang po natin ’yung mga magulang, kapag meron po kayong nakita na sa inyong pakiramdam ay hindi po angkop doon sa binigay na rating ay i-report po natin agad sa MTRCB.”

(MTRCB responds quickly especially regarding complaints made by parents. We encourage parents to immediately report any content they may deem inappropriate to the given rating.)

Before the show’s pilot episode early in June, the MTRCB approved the teleserye without any revisions or cuts but gave it a Strong Parental Guidance (SPG) rating. Journal reports the pilot episode was reviewed and applauded by 3 MTRCB officials.

“My Husband’s Lover” by Suzette Doctolero and director Dominic Zapata stars Dennis Trillo, Tom Rodriguez, and Carla Abellana. The plot centers on a secret homosexual love affair between Trillo and Rodriguez, who is a married man.

Source: Rappler

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