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Free Celphone From Citibank

                                Image via Wikipedia Citibank Philippine s is giving away Nokia 1800 cellular phone handsets when you apply for a new credit card. Please take note that this promo is exclusively in the Philippines and the minimum gross annual earnings should be 200000 pesos to qualify for a Citibank credit card. For more information see the promo page of Citibank Philippines . Additional information regarding credit cards can be read here. Credit Card-Friend or Foe? See the Related Post section below for more related articles in the topic " credit cards "

Money: BPI 10K Test on Equity Funds

Bank of the Philippine Islands (BPI) has launched a new campaign to promote their " Equity Funds ". On their website , on the top banner section, there displayed a comparison between a bank savings (Time Deposit) and an Investment (Equity Funds). The display changes from one month to one year period after the money was laid. What you can easily notice is the relatively slow growth of the Time deposit compared to the seemingly fast growth of their Equity Funds . In the picture below, after six months, your 10 000 pesos time deposit has only 237.5 pesos increase while the same amount already have 2905.62 pesos growth if invested in their equity funds. (The disclaimer though, said that the figure is based on the historical performance of their fund.) By clicking the button, "Start Investing Here", you will be redirected to an interactive webpage (The 10K Test) that will ask about your your risk tolerance. To further their support and encouragement, they of...

Money: 1% Credit Card Interest? Cool!

                                  Image via Wikipedia I just read this news about a proposal from a lawmaker to trim down the traditional 3% monthly credit card interest down to 1% . He wanted the Philippines to have a firm law to tame credit card companies. The 3% interest, according to him, based on several existing laws is "excessive, iniquitous, unconscionable, and exorbitant". Now, if ever that proposal will indeed become a law and be properly and effectively implemented, then it will bring relief to those who has been a victim of themselves when it comes to credit card use. As I have already mentioned in this blog, credit card offers lots of advantages especially at the standpoint "convenience". But as useful as it was, it also has many dangers. Credit card has been a tool that is prone to abuse leading many in an unmanageable debt that continues to grow with a huge interest r...

DFA Adopts ISO Standard initial "PH" or "PHL" for Philippines; Dumps "RP"

Image via Wikipedia The Department of Foreign Affairs (DFA) will now officially use ISO standard initials for the the Philippines, "PH" or "PHL" replacing the ambiguous "RP". This conformance to International Organization for Standardization (ISO) is expected to help alleviate the confusion by using the the initials "RP" which is easily confused with other countries. These country initials is part of the ISO 3166 standard adopted by the ISO that defines codes for the names of countries, dependent territories, and special areas of geographical interest.

Money: Jollibee to Buy Mang Inasal!

"The Jolly Bee is eating Mang Inasal chicken!" Tony Tan Caktiong owned Jollibee Foods Corporation, the largest fast food chain in the Philippines announced the acquisition of the seven-year old fast food chain Mang Inasal! According to the disclosure, Jollibee will be buying 70% of the shares of Mang Inasal for a sum of 3 Billion pesos. Mang Insasal, a relatively start up fast food chain has seen a rapid growth in the recent years. Since it started in 2003, Mang Inasal already boasts a total of 303 stores around the country, most of which are franchises. Recent financial reports shows that the young company is already earning a revenue totaling to 3.8 Billion pesos. Mang Inasal has been known for its delicious roasted chicken and "unlimited rice". They also sell products that are relatively cheaper compared to other established fast food chain. These and other key marketing strategies seems to have boosted the company's growth. Jollibee on the other hand...

DepEd Joins PAGASA in Twitter!

Image via CrunchBase Department of Education (DepEd) recently joined PAGASA in twitter! While PAGASA is twitting weather updates, DepEd twits class suspension announcements. DepEd's official twitter account is @DepEd_PH . Follow @DepEd_PH on twitter and receive timely updates. Recently, several government agencies has been using social media channels to facilitate fast distribution of information. Among them are the president's office @govph , MMDA @mmda , and PAGASA @dost_pagasa . Hopefully, this move by DepEd will help solve the issues of late announcements which most students and employees have been complaining about in the past years. I personally experience many trouble because of this. Here's my experience: When I was studying in college in Manila a few years ago, I have to travel at least 2 hours from home to school everyday. So when rainy seasons come, it poses a problem. There has been several times in my five years in college when after exerting...

PAGASA is now on Twitter!

Image via Wikipedia Philippine Atmospheric Geophysical and Astronomical Administration (PAGASA) is now using twitter to facilitate the fast distribution of information especially weather updates. PAGASA's twitter account is @dost_pagasa . By following @dost_pagasa , you can receive real time update from the agency regarding weather forecast, typhoon updates and other services provided by the agency. This move by PAGASA is very timely since currently, typhoon "Megi" is threatening to pass over the Philippine area of responsibility. This move by PAGASA to use social networking site is the latest among the government's moves in the effort to use social media to inform the public. We can remember that in the previous months, the government launched its official gazzete online at www.gov.ph . Also, the Department of Finance recently launched www.perangbayan.com to gather information regarding corrupt officials under its umbrella.