Bits and Snippets of the Philippines

Basic Reading of Global Filipinos

Archive for August 2009

Logitech Opens First Brand Store in Philippines

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Swiss peripheral products company Logitech recently opened its first brand store in the Philippines at the Cyberzone technology area of SM Megamall. During the opening, Logitech unveiled new products such as new Logitech keyboards, a software for video-call streaming, wireless mouse and a host of others. In the store, customers can actually touch, demo and use their products on display. The brand store is being managed by Villman Computer; however, all products inside the store are for display and demo purposes and possible sales will be referred to Logitech’s sales channel partners in the country.


Written by Raffy Pekson II

August 31, 2009 at 4:55 pm

40 Richest Persons in the Philippines

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Henry Sy tops the list with $4 Billion at 86 years of age followed by Lucio Tan at $2.3 Billion who is 72 years old. Jaime Augusto Zobel de Ayala is third at $2 billion with fourth by Eduardo Cojuangco at $840 million. At fifth is George Ty at $830 million.

Click here to read the entire list at the Catanduanes Forum site.

Written by Raffy Pekson II

August 29, 2009 at 2:09 pm

Filipino Parents Spanking a Child Will Soon Go to Jail

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The Anti-Corporal Punishment Act of 2009 (House Bill 6699) was filed this July by its author, Representative Nikki Prietto-Teodoro of the 1st district of Tarlac, with already 56 co-authors in the House, has gone through its second reading and is expected to be approved this year.

This bill will prohibit Filipino parents from using physical force to reprimand their children, including (wow!) harsh verbal assaults and (degradingly) humuliating their child for bad behavior. Child Rights Ambassador of Plan International Mikee Cojuangco-Jaworski expressed support for a law that will protect children. Reacting to a comment that corporal punishment is sometimes brought about by poverty, Jaworski said, “No amount of poverty is a justification for corporal punishment.”

Corporal punishment has been the norm of many parents in the Philippines since time-a-memorial. Spanking and famously hitting children with slippers (“tsinelas”) are common sights in Filipino households, a way to correct unwanted bad behavior of the child.

Article 45 of the Child and Youth Welfare Code allows corporal punishments as long as these are “just and reasonable” and “moderate in degree.” However, those are vague words. Current laws only defend the child from severe harm.

The bill seeks to define corporal punishment as the use of physical force, forcing a child to undergo physical, painful or damaging acts, neglecting a child’s basic needs (such as starvation), use of external substance harmful to the child, forcing a child to undergo hazardous tasks, confinement (in unsafe places), and verbal assaults, threats or intimidation. This bill also covers the similar illegal acts conducted in schools, institutions, youth detention centers, and offices.

Sources: ABS-CBN News | TUCP

Written by Raffy Pekson II

August 29, 2009 at 11:22 am

APO Concerts in Texas and California

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Houston TX – Saturday, October 17, 2009 7:30 PM – Stafford Civic Center
VIP Tickets at $125 includes Dinner – Other tickets at $66, $45

Dallas, TX – Sunday, October 18, 2009 5:00 PM – Granville Arts Center
VIP Tickets at $120 includes “Meet and Greet” with the APO – Other tickets at $90, $75, $55

Hayward, CA – Friday, October 23, 2009 — Doors open7:00 PM, Show starts 9:00 PM
Chabot College Performance Arts Center
Limited VIP Tickets at $100 – Other tickets at $65, $45

Written by Raffy Pekson II

August 29, 2009 at 9:30 am

Resorts World Manila Opens

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- political advertisement -

Philippine billionaire Andrew Tan and Star Cruises Ltd. opened their $700 million Resorts World Manila, which is expected to double the gamblingtables in the city.

The venture will tap Star Cruises’ network of more than 2.5 million customers and will bus in people from outside Manila. The casino opens in spitting distance from the NAIA International Airport Terminal 3. The venture, Travellers International Hotel Group Inc., opened the first floor of a three-level casino at a complex that will include hotels and a shopping mall.


-- advertising --

Written by Raffy Pekson II

August 28, 2009 at 7:06 am

Former Philippine President Fidel Ramos in Thailand

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Former President Fidel V. Ramos recently attended the 50th anniversary of the Asian Institute of Technology (AIT) in Bangkok held at the Grand Hyatt Erawan on August 19. The AIT conferred the Honorary Degree of Doctor of Technology on him in May 1998. During his four-day stay in Thailand, he also met with the Filipino community working and living in the country.

Source: Department of Foreign Affairs.

Written by Raffy Pekson II

August 26, 2009 at 12:41 pm

The Go Negosyo Youth Entrepreneurship Summit on 9/11

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The Go Negosyo Youth Entrepreneurship Summit will be held on September 11, 2009 at the SMX Convention Center in the Mall of Asia. The summit is a one-day forum cum expo which hopes to spark that entrepreneurial spirit among the youth. There’ll be forums with experienced Go Negosyo entrepreneurs and mentors who will be sharing tips and advice on opportunity-seeking, marketing, financing, product development, and all the basics of going into business. Government leaders will also be sharing their views on the need for entrepreneurship development in the country.

Admission is free and the event is open to everyone, including the not-so-young or young-at-heart. LOL! This event is organized by the Philippine Center for Entrepreneurship, the NGO behind the Go Negosyo advocacy.

As a Participant, you can attend the event and be inspired by the Go Negosyo mentors. Learn the basics of putting up a business, and grab the chance to ask these established mentors questions on how you can put your dream business.

As an Exhibitor or Sponsor, you can showcase and expose your products and services to 20,000 youth, let your brand be associated with the advocacy and enjoy cost-efficient media values.

Certificate of attendance will be issued upon request after the event. For certificate requests, please e-mail prior to attending the event or call (02) 637-9347 and look for Myra Lorredo.

To register for the summit, simply drop by the event and fill-out the registration forms. Drop those registration forms at the designated drop boxes for a chance to win exciting prizes.

The summit is also searching for the “Go Negosyo Most Inspiring Young Entrepreneur.” You can also nominate a deserving candidate who is a Filipino, below 35 years old, and has established and managed a business that has been operating for at least three (3) years. The winners are determined by a panel of judges headed by the Philippine Center for Entrepreneurship, who reserves the right to screen and determine awardees.

Source: Go Negosyo.

Written by Raffy Pekson II

August 25, 2009 at 12:13 pm

August 24, 2009 Philippine Economy Update

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Click here to read the article.

About Randell Tiongson:  Randell is an Entrepreneur and a Personal Finance Coach & Educator. He is President & COO of Personal Finance Advisers Philippines Corp. and co-founder of, the country’s premiere personal finance on-line forums. It’s an on-line community that is dedicated to the financial education of Filipinos. It now has over 2,300 members in 1 year’s time. He is also Director of the Registered Financial Planner Institute Philippines (local chapter of RFPI, Ohio, U.S.A.). Randell has 20+ years of experience in the Financial Service Industries – Banking, Mutual Funds & Insurance. He is a columnist for the Business Mirror and a contributor for Moneysense Magazine and UNO Magazine. A featured speaker for educational institutions like the Asian Institute of Management, Ateneo, De La Salle, Mapua University, University of Santo Tomas, La Salle Greenhills; De La Salle University, University of the Philippines and various conferences and companies, he appears as a resource person for various TV shows like TV Patrol, Bandila, Mornings at ANC, Shoptalk, Business Nightly, Light Talk, Sis, Umagang Kay Ganda, etc. Randell has been married for 18 years with 4 children.

Read and subscribe to his blog at

Video: How to Invest in Stocks in the Philippines

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Roger Groh is the founder of Groh Asset Management and speaks about investing in stocks in the Philippines.

Written by Raffy Pekson II

August 24, 2009 at 12:47 am

Kadayawan sa Davao Festival

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The 24th Kadayawan sa Davao, an annual thanksgiving celebration for a bountiful harvests centered on the importance of “communion with the Earth.” The festival has two main components: the Lumadnong Kasaulogan (Indigenous Peoples Festival), which is the core of the Kadayawan Festival showcasing the indigenous peoples’ culture and arts and the Subay sa Lumadnong Kagikan (Contemporary Indigenous-motivated celebrations) that showcases the impact of the indigenous culture and traditions to contemporary artists and communities. The Kadayawan sa Davao is celebrated from August 17 to 23.

Source: CBCP News

Written by Raffy Pekson II

August 23, 2009 at 11:49 pm