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LATEST POSTS FROM PINOY MONEY TALK


PMT Christmas Game: Guess and win P2,000!
by James | PinoyMoneyTalk.com
2 Dec 2008 at 4:24am
In the next two weeks, is the Philippine Peso going to appreciate or depreciate versus the US Dollar? Will the peso fall to P50 or strengthen to P45? Guess the closing exchange rate of the Peso against the dollar on December 12, Friday, and win up to P2,000! Here are the mechanics of the game. 1. You must [...]



Supreme Court issues TRO vs. Legacy banks
by James | PinoyMoneyTalk.com
2 Dec 2008 at 1:40am
It is reported that the Bangko Sentral ng Pilipinas (Central Bank of the Philippines) successfully secured with the Supreme Court last week a Temporary Restraining Order (TRO) on enforcement of lower court rulings that favored several banks under the Legacy Group. According to the story: The high tribunal’s decision effective...

Your house: an asset or a liability?
by James | PinoyMoneyTalk.com
28 Nov 2008 at 4:04am
There’s an interesting discussion going on in the PMT Forum, about one’s residence and whether it is an asset or a liability. By definition, an asset is anything that can directly or indirectly contribute future cash flows. A liability, on the other hand, is anything that can result to a transfer or disposal of an asset. In [...

Pacquiao vs de la Hoya: Who will win?
by James | PinoyMoneyTalk.com
28 Nov 2008 at 1:29am
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 quoted dela Hoya as saying he can knock out Pacquiao in under five rounds. Pacquiao vowed that won’t be possible. Whose side are you on? Join the poll and discussion thre...

Don?t travel to Thailand right now
by James | PinoyMoneyTalk.com
26 Nov 2008 at 3:51am
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 a...

Is Citibank the next to collapse?
by James | PinoyMoneyTalk.com
23 Nov 2008 at 7:15am
Before, it was Bear Sterns. Then AIG. Then Lehman Brothers. Is Citibank the next big, global bank to fail? Yes, according to some financial experts interviewed by the UK newspaper The Daily Mail. According to analysts, the company may not have enough cash to withstand subprime losses that could amount to £13.3 billion. This u...

How much do you earn every month?
by James | PinoyMoneyTalk.com
20 Nov 2008 at 4:08am
How much money do other people make each month? That, I’m sure, is something you’ve always wanted to know but are afraid to ask. But we still asked our PMT Forum members that question and, based on initial results, they’re not your average wage earners. The pie graph below shows the breakdown of members of the PinoyMoneyTalk....

How much have you lost so far in this bear market?
by James | PinoyMoneyTalk.com
16 Nov 2008 at 8:55pm
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 [......

Investment Product: Ayala Corp?s Preferred Shares
by James | PinoyMoneyTalk.com
14 Nov 2008 at 1:26am
Ayala Corporation, the country’s largest conglomerate, will be issuing a total of 12 million preferred “Class A “shares for P500 each. Proceeds from the issue will be used to fund the company’s investments in business process outsourcing (BPO) and overseas real estate projects. Unlike owners of common shares, preferred stockh...

BPI Trade password problem finally solved
by James | PinoyMoneyTalk.com
11 Nov 2008 at 12:13am
After more than 2 weeks of waiting and rambling about BPI call center’s ineffiency in handling customer calls, my BPI Trade password problem was finally solved today. A few minutes ago, I called BPI’s Customer Support Hotline at 89-100 and, unlike my previous attempts, instantly got connected without hearing that “All circuit...

P100 UP Centennial bills now being circulated
by James | PinoyMoneyTalk.com
9 Nov 2008 at 3:25pm
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 [...] ...

BPI Call Center undermanned or plain lazy?
by James | PinoyMoneyTalk.com
4 Nov 2008 at 5:13am
Almost a week after I posted my BPI Trade password problem, I still have not solved it because it looks like no one’s around at the BPI Call Center. On October 9, I made a gazillion calls to BPI’s customer support number 89-100 or 891-0000 but the only response I got was “All circuits are busy [...]



Halloween-themed Google Adsense ads
by James | PinoyMoneyTalk.com
2 Nov 2008 at 11:06am
Halloween just ended but sadly I wasn’t able to spot a Google Adsense unit that sported a Halloween theme. For those not in the know, Adsense used to customize the color and design of their ads to suit a particular occasion. Previously, I saw Google Adsense ads sporting the Christmas theme right here on this blog. [...]

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Online Burol: Mourn for the dead via the internet
by James | PinoyMoneyTalk.com
1 Nov 2008 at 9:24pm
You’re working in the US and you received an unfortunate call informing you that your father in the Philippines passed away. You wanted to fly back but you’re strapped on cash. How do you mourn for your deceased father thousands of miles away? The answer: log on to the internet and avail of St. Peter [...]



PIPC was a Ponzi scheme, says Ferrier Hodgson
by James | PinoyMoneyTalk.com
29 Oct 2008 at 12:36pm
In the September 2008 update made to investors of scam investment program Performance Investment Products Corporation (PIPC), fraud investigation firm Ferrier Hodgson disclosed that the results of preliminary analysis support its belief that PIPC operated as a Ponzi scheme. A Ponzi scheme is a fraudulent investment operation ...

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