Archive : January, 2009

Schedule of Philippines 2009 HolidaysPresident Gloria Macapagal-Arroyo signed on December 24, 2008, Proclamation 1699 that lays out the holiday schedule for this year. The president advocates holiday economics, which switches holidays around against their intended dates, closer to the weekend so as to boost local tourism and improve family ties.

It is good practice for businesses to always plan for the holidays so that one can better maximize their profits and reduce their cost.
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  No Comments  |   Category : Business Tips, Trends, Business Reports   

Job Cuts announced in January 2009Barely out of the gate of 2008, December’s holiday cheer was greeted with January’s dim news of companies announcing their round of job cuts.

This is on top of the job cuts already announced last December.

January Job Cuts:

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  No Comments  |   Category : Trends, Jobs   

Reinventing the Internet Cafe BusinessIs there still a chance for the Internet Cafe Industry in the Philippines to evolve itself into something new? This business used to be so lucrative because it was a portal that gave access to something people wanted in on, The Internet.

Even Netopia, the country’s biggest internet cafe chain with 154 branches and 75% owned by PLDT, failed to eke a profit in 2008 as it reported a loss of P8 M. In 2007 they had even bigger losses totalling P29 M.

I remember a friend who started their business around 1997. To begin he ponied up 1 Million. The P1 Million covered the server, the furniture, the licensing and the bank of computers. He said that within a year he was able to recover the cost of the P1M and was looking to expand even more.
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Tips for Passing Your Board ExamBoard Exams are no trifle matter, because of the amount of time invested in preparing for it, hitting the passing grade on the first shot is a must. Here are some helpful tips based from my own personal experience of taking a board exam.

You are probably thinking that this is a business blog, why the heck should I be reading something about tips on passing the board exam? Well I always advocate that going abroad to get capital is the best way to start a business, rather than saddle yourself with debt from the onset.
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  8 Comments  |   Category : Jobs   

Beware of Illegal Recruiters OnlineIllegal Recruiters have always been the scourge of honest overseas workers. They could be considered dregs of the society because they prey on people’s trust who bank on their promise that they can guarantee lucrative work overseas.

Honest people who have sometimes mortgaged property or accumulated debts in order to pay for processing fees, recruitment fees and a plane ticket in hopes of providing a better life for their families. While undertaking the ultimate sacrifice of experiencing loneliness and discrimination in a foreign land.
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  No Comments  |   Category : Jobs, Scam