Archive for June, 2009

Obama- Silent about Neda

Posted on June 30th, 2009 by PinoyBusiness

There is a circulating photos and video in the internet about a good-looking Iranian girl who was in the streets of Tehran then was shot by a state militia. The girl was in a rally, crying for freedom in Iran and around the world. There is also a second video showing the Neda before [...]

What is #Iranelection in Twitter?

Posted on June 30th, 2009 by PinoyBusiness

With the continuous news blackout on what is happening on Iran, international media sources such as CNN, MSNBC and even Fox News, the well known fair and balanced news provider have sorted in the use of internet’s dependable source of the reaction of people to the issues all over the world, the tweet. The recent [...]

Iran a Revolution, another Tiananmen or could it be something else?

Posted on June 30th, 2009 by PinoyBusiness

The government of Iran headed by supreme leader Ayatollah Ali Khamenei together with other religious authorities, has a priority of making their regime survive. Some people have wondered if Iran is on the edge of revolution after not seeing protest in the streets and angry crowds since the 1979 revolution. But they are also avoiding [...]

Philippines and Iran: Their Similarities and Differences

Posted on June 30th, 2009 by PinoyBusiness

Despite the landslide win of President Mahmoud Ahmadinejad of Iran for his second term, the Iranian is still in protest for more than two weeks now. Cable News Network (CNN) has been reporting that the Islamic Republic of Iran is still in chaos after the election because the Iranians are still protesting the decision of [...]

Designing a Revenue Model

Posted on June 30th, 2009 by PinoyBusiness

Every business needs a plan on how maximize profit. This is only possible if you know where your business can collect money from. Profit is relative to amount of investment in a business so it is not the most important measure of financial performance of a business like what most business owner thinks.
For example, a [...]

A Success Story From Text Messaging Software

Posted on June 30th, 2009 by PinoyBusiness

PC- Phone Junction : The Philippines has been tagged as “SMS Capital of the World.” Nowadays, almost every body from the different classes in the Philippine society has a cellular phone at hand. This circumstance gave Erick Kalugdan together with some friends an idea to put up a business in software products that makes sending [...]

Customers Receivables Collections – Accounts Receivable Management

Posted on June 30th, 2009 by PinoyBusiness

Usually, businesses have receivable or those what the customers owe to you. Difficulty collecting payments from these receivables can affect your outstanding accounts as it will bleed out your cash flows. Late payers of receivables are in fact lending your money while being free from interest rates.
Unknowingly, the failed payment of receivables gain the business [...]

ATM precautions

Posted on June 29th, 2009 by Roy

Depositors are being warned by the Bankers’ Association of the Philippines (BAP) – take extra care when using the automated teller machines (ATMs).
The recent case of ATM fraud in foreign countries, particularly in the United Arab Emirates (UAE) has triggered the call for added vigilance.

How to make Glutathione Soap

Posted on June 29th, 2009 by PinoyBusiness

Glutathione is substance present in almost all living organisms. It has many known health benefits including its ability to regulate the action of “lesser antioxidant.” It is also known to give a fairer and whiter skin. That is why, health, beauty and wellness industry use glutathione as agent to achieve this long aspiration of both [...]

Products in the Philippines Regulated by BFAD

Posted on June 29th, 2009 by PinoyBusiness

Based on Republic Act 3720 entitled “Food, Drug and Cosmetic Act,” the Bureau of Food and Drugs (BFAD) has the authority to regulate drugs, cosmetics, processed food and household hazardous substances.
In order to easily determine the applicable documentary requirements for presenting applications for establishment licensing or product registration, a classification of product is used. [...]

Registration of Sole Proprietorship Business in the Philippines

Posted on June 29th, 2009 by PinoyBusiness

A sole proprietorship business or a business with a single owner should be registered under the Department of Trade and Industry (DTI). Here are the guidelines in applying for a certificate of registration to the Department of Trade and Industry.
• Application can only be done by a Filipino citizen of legal age ( 18 years or [...]

Tighter telco rules drafted

Posted on June 28th, 2009 by Roy

Tighter telco rules were proposed to address the missing prepaid phone credits and the ‘spam’ or unwanted content.
Ruel V. Canobas of the National Telecommunications Commission (NTC) said they crafted four new rules in order deal with the “vanishing load credits” and the unsolicited content.

Workers threaten to hang bras and panties in protest as Triumph announces closure plans

Posted on June 28th, 2009 by Roy

Triumph International said that it will cease manufacturing and distribution center operations here in the Philippines. It said last Sunday that Triumph International (Philippines) Inc. and Star Performance Inc. factories in Taguig City will close.
Because of that, 1605 employees at the two factories and the 57 employees at their head office Makati City will be [...]

Registration of Business Partnership in the Philippines

Posted on June 28th, 2009 by PinoyBusiness

A business can be owned by a single person called single proprietorship. This type of business is registered to the Department of Trade and Industry (DTI) which will issue the certificate of registration (COR). On the other hand, if a business is own not only by a single person rather by two or more person, [...]

How to Apply for License to Operate (LTO) to BFAD

Posted on June 28th, 2009 by PinoyBusiness

Before applying for a License to Operate in BFAD, a registration to the Client Management should be made to acquire your account number which will enable you to access the web portal of BFAD. The web portal serves as a way of transacting to BFAD. Once the registration has been made, application for the initial [...]

Permits for Starting a Business in the Philippines

Posted on June 28th, 2009 by PinoyBusiness

Permits are necessary before the operation of a business. Here are the lists of the following government agencies necessary for starting a business.
Department of Trade and Industry (DTI) — A single proprietorship should be registered under this agency which will issue a COR or certification of registration of the business name.
Securities and Exchange Commission (SEC) [...]

Cebu’s dancing inmates pay tribute to Michael Jackson

Posted on June 27th, 2009 by Roy

They may not have had the chance to meet him personally, but the dancing inmates of Cebu were really shocked and saddened by the death of pop icon Michael Jackson. The dancing inmates gain international recognition because of their performance of Jackson’s hit song “Thriller.”
For the past two years, Jackson’s “Thriller” has been performed by [...]

PayPal employs more security protection for eBay sellers

Posted on June 27th, 2009 by Roy

More security features in their system have been launched by PayPal to protect eBay sellers in the Philippines and the entire Asia-Pacific region. This will help guard against potential high-risk transactions and unauthorized payments.
PayPal South East Asia and India General Manager Mario Shiliashki said the Asia Pacific is Paypal’s fastest growing region, 12 million accounts [...]

Amlan power plant turned-over to new owner

Posted on June 27th, 2009 by Roy

While the bidding for the two power plants in Sual and Pagbilao were a failure, the Power Sector Assets and Liabilities Management Corp. (Psalm) have earlier announced ICS Renewables Inc. as the winning bidder for the Amlan hydroelectric power plant.
The winning bidder has already paid the Psalm $230,000 last Thursday, which will be deposited in [...]

SMC, Aboitiz failed power plant bid

Posted on June 27th, 2009 by Roy

The bidding to secure the contracts that would have allowed the winning company to run and own the power plants that provide electricity to the National Power Corporation, ended in failure. Not even the two of the most business groups in the country succeeded to secure the power generation contracts being offered for sale by [...]