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Unemployment Rate among US MBA Graduates
In the past, graduates of MBA programs, especially in the US, are almost always assured of a job after graduation. The sad reality now, however, is that this is no longer true.
A BusinessWeek magazine article seems to show that it is a bad time to graduate now since job recruitment has slowed down for most US MBA graduates.
It doesn’t matter if you got the degree from Harvard or Wharton. As you can see in the list below, even renowned MBA schools in the US were not spared from the brunt of the economic recession.
The list compiles the results of a survey conducted among recent MBA graduates showing there is rising unemployment among MBA graduates.
Bond Investing Guide: Types of Bonds
You’re almost ready to make your first investment in bonds. In Part 1 of this series, you learned what bonds are; in Part 2, you … Read More
PBCom bank branch flooded, clients lost valuables?
A PMT Forum member posted that a branch of the Philippine Bank of Communications (PBCom) in Binondo, Manila got flooded due to typhoon Ondoy.
As a result, many of the valuables entrusted by clients in PBCom’s safety deposit boxes (SDB) were allegedly submerged and damaged. The bank is supposedly waiving any liability, claiming that this was caused by “an act of God.”
21% of Metro Manila residents are squatters
If the report of the Metro Manila Inter-Agency Committee on Informal Settlers (MMIAC) is to be believed, one out of every five residents in Metro Manila is a squatter.
The Inquirer quoted a report of the MMIAC saying that there are more than 544,609 households of informal settlers in Metro Manila, representing 21% of the total 2.6 million households population.
Unionbank (UBP)’s Tier 2 notes
The Unionbank of the Philippines (UBP) will be issuing P5 billion worth of unsecured, subordinated Tier 2 notes with a 7.375% net interest rate per annum.
The offer date is up to Tuesday, October 6, 2009 and the issue date is on October 14, 2009.
The company said proceeds from the notes will be used in the expansion of its consumer loans portfolio.
What is a Tier 2 Note?
How to donate to typhoon victims in the Philippines
Here are several ways you can make a cash donation to typhoon victims in the Philippines.
Please make sure you are transacting with the correct organization. There have been reports of scamming incidents targeting potential donors to typhoon victims in the Philippines.
(Pics) Typhoon Ondoy in Provident Village, Marikina
Marikina City, Philippines — Provident Village is unfortunately now becoming famous for being one of the hardest-hit areas in Metro Manila by Typhoon Ondoy.
Here are some pictures of tropical storm Ondoy battering the village and its impact on the residents.