Congratulations to the 51st IMO (International Mathematical Olympiad) SILVER MEDALIST Carmela Antoinette Lao and Honorable Mention medalists Henry Jefferson Morco and Zheng Rong Wu

July 12, 2010 By eee Leave a Comment

After a long and an adventure filled journey, our mathematicians have proved that once again the Filipino can. The Philippine team, led by Mr. Ian June Garces and Glen Mackenzie Ong, was composed of Carmela Antoinette Lao, Henry Jefferson Morco and Zheng Rong Wu.   Ms. Carmela Lao, who was the first Filipina to bring home the Bronze Medal in last year’s IMO,  made history again this year when she became the first Filipina to win the Silver Medal.   Her two other teammates, Henry Jefferson Morco and Zheng Wong Ru also won Honorable Mention.  This year’s IMO competition was held last July 2 in Astana, Kazakhstan.  Go Pinoys!!!

For more details, log on to the official IMO website: http://www.imo-official.org/team_r.aspx?code=PHI&year=2010

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Do The Lakers Predict The Stock Market?

June 18, 2010 By dragon Leave a Comment

This article by ED Carson concludes the answer to be No, but for a long time they seemed to. The best kept secret of the past 20 years has been this: When the Los Angeles Lakers won the NBA championship, the market would almost always fall that year. When the Lakers lost, the market would usually rise. The Laker Indicator only steered investors wrong in three years during the entire span, and not once from 1995-2007.

An investor who put down $1,000 into the Nasdaq at the start of 1987 and stayed fully invested through 2007 would have ended up with $7,604. But an investor who bought the Nasdaq in years the Lakers lost and stayed in cash when the Lakers won would have finished with $21,189.  Read more... (787 words, 1 image, estimated 3:09 mins reading time)

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PAL Philippine Airlines Midnight Promo is back!!! Midnight Special part 5

May 21, 2010 By eee 1 Comment

Enjoy great fare deals this weekend in PAL Midnight Special Part 5. This promo will run on 22MAY (Saturday) midnight to 6am the following Sunday.

Promo details will be available at the PAL website on 22MAY 2010 at 3pm (Manila time).

The limited-seat promo will be available only at the PAL website –www.philippineairlines.com.

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Trinoma Green Light Sale May 28-30, 2010

May 21, 2010 By eee Leave a Comment

TriNoma’s Green Light Sale
from May 28 to 30!

Get up to 70% off plus other delightful perks
at participating establishments!

Shop until 11pm on May 28 and 29!

http://www.greenlightsale.ph/

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Philippine budget deficit outlook for 2010: shortfall not too bad?

January 1, 2010 By dragon 4 Comments

 

In ABS-CBN's recent article, they reveal that each Filipino now owes P47,039 to local and foreign creditors, based on the national government's total debt stock as of September.

A month before that, each of the 92.2 million Filipinos owed P45,889. 

The culprit: the widening budget deficit that prompts the government to borrow some more. Additional debts, which address current funding needs but could be paid in the future, translate to more debt burden for future generations.

The fact that the Philippines has been spending more than it earns is not earthshaking. Even the richest of countries have budget gaps. But prudence dictates that this deficit, which is a fiscal policy issue, has to be manageable.  Read more... (850 words, 1 image, estimated 3:24 mins reading time)

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5 IPOs for 2010

November 23, 2009 By dragon 1 Comment

The market for initial public offerings (IPOs) is expected to rebound next year with at least five companies planning to list on the Philippine Stock Exchange (PSE) as the subprime crisis subsides and economic greenshoots appear.

Ed Francisco, president of BDO Capital & Investment Corp. said the IPO market, which ground to a halt in 2008, is set for a revival next year as market conditions improve and volatility continues to normalize.

Among the companies that have signified their intention to go public are Northwind Power, ACM Landholdings, GA or Globe Asiatique Realty Holdings Corp., and Mang Inasal Philippines.  Read more... (371 words, estimated 1:29 mins reading time)

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