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Inflation climbs to 4.9% in July (source: NSO)
I just saw this news in My ColFinancial Dashboard: Inflation climbs to 4.9% in July The NSO reported that inflation rose to 4.9% in July, the fastest rate of inflation since November 2011. This brought year-to-date inflation to 4.3%, still within the BSP’s projected range of 3-5% for 2014. The acceleration in inflation was largely due to food and non-alcoholic…
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How Does Facebook Make Billions Every Year?
Below info graphic will tell on how Facebook earns billion from their advertisers. They earned 7.8 Billion last year from 272 Million only 5 years ago. The info graphic also shows the biggest spenders in Facebook who also claims and increase in sale. Source: Business-Management-Degree.net
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COL Financial Will Soon Offer Mutual Funds and UITF
Soon COL Financial will offer mutual funds and UITF as mentioned in the Philstar article. COL Financial who happen to be my stock broker will broaden their product to include mutual funds and UITF. This is an advantage for us OFW who like to diversify our investment through other types of investment. It is always good to be in mutual fund…
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ADVFN acquisition of Financemanila.net for P6Million in cash and share of stocks
I just learned that FinanceManila.net has been acquired by ADVFN Plc (“ADVFN” or the “Company, for about Php 6 Million payable as PHP2.5 million in cash and PHP3.5 million inf new ADVFN shares of 1p each as reported in online.wsj.com. “I am delighted to announce the acquisition of Finance Manila which, in my view, is the most exciting trader community in…
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Attend Free and Paid Seminars at Money Summit and Wealth Expo 2013
It is always recommended that before we invest in stocks, mutual funds, and other investment portfolio, it is always right to invest first in ourself. It is either by reading books or attending different seminars that could expand your knowledge about our chosen subject. It is good to report that there will be a Free and Paid Seminar from July…
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AXA and Metrobank Card launch MSwipe
Today, AXA Philippines and Metrobank launches MSwipe, the country’s first mobile insurance payment system. MSwipe allows AXA customers to make real-time credit card payment transactions using mobile devices such as smartphones or tablet devices, giving them an innovative, convenient and secure means of paying their life insurance premiums anytime, anywhere according to a report made by GMA Network. This new innovation…
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Philippines Now Investment Grade, Given by Fitch Rating
All who are in Financial sector as well as investor is now rejoicing after Fitch Rating upgraded Philippines to Investment Grade. The immediate effect is that blue chips stocks rose before the closing time of today’s stock market. 27 March 2013: Fitch Ratings upgraded the Philippines’ Long-Term Foreign-Currency Issuer Default Rating (IDR) to ‘BBB-‘ from ‘BB+’. The Long-Term Local-Currency IDR has been…