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Wednesday, July 23, 2008

Dollar coins

Over the years, I accumulated various coins, from US dollar coins, to Canadian coins, to European coins (when the Euro was not around yet). I got a collection of Belgian, Netherlands, French, and German coins. I even had lots of African coins (big ones from Kenya and other African countries) . Of course, I got a few Asian coins from Singapore, Hong Kong, and Japan.

So?

Well over the past several months, my brothers' house got renovated and he took some coins for their house foundation. One of my sisters had their house constructed late last year, and she took some coins from my collection. Last summer, I renovated my house, and so I used some of the coins. Today, a few African coins, and one half dollar "John F. Kennedy" coin that I got from Vegas are left. I am not parting with the half dollar coin, hehehe!

What were we doing with these coins, if you are asking, and wondering?

Well.. we drop the coins to the foundations before, and during the pouring of cement we locally call "buhos". Hehehehe, I know it is weird, but it is a common belief among Pinoys, that you should drop coins, lots of it, if you have them, to provide luck and ensure prosperity in the house you are building.

Some, would even go to the extent of "padugo", that is, butchering a chicken or a pig, so that the blood can be spread around before any construction activity starts. This is to drive away bud luck and spirits.

I am blogging about this, because this morning, a relative came asking for dollar coins, and I said, What? hehehe.

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PS: Inflation is tamer now around the provinces, prices of rice have went down by a Peso or two per kilo.

Setting the record straight re: Filipino Inventors

I got this one via a forwarded email. I am posting this so that the misconceptions on the subject are corrected, and set straight, whatever that means, hehehe. Here it is:

Karaoke Inventor
Roberto del Rosario, a Filipino is claiming the right for the invention of the Sing-Along-System (SAS) that eventually led to the development of Karaoke, a Japanese term for "singing without accompaniment". Among del Rosario's other inventions were the Trebel Voice Color Code (VCC), the piano tuner's guide, the piano keyboard stressing device, the voice color tape, and the one-man-band (OMB). The OMB was later developed as the Sing-Along-System (SAS).

Inventor of Incubator
Fe del Mundo, the first Asian to have entered the prestigious Harvard University's School of Medicine, is also credited for her studies that led to the invention of incubator and jaundice relieving device. Del Mundo, an International Pediatric Association (IPA) awardee, is an alumna of the University of the Philippines (UP) College of Medicine. Since 1941, she has contributed more than 100 articles to medical journals in the U.S., Philippines and India. In 1966, she received the Elizabeth Blackwell Award, for her "outstanding service to mankind". In 1977, she was bestowed the Ramon Magsaysay Award for outstanding public service.

Water-Powered Car
For more than three decades now, Daniel Dingel has been claiming that his car can run with water as fuel. An article from the Philippine Daily Inquirer said that Dingle built his engine as early as 1969. Dingel built a car reactor that uses electricity from a 12-volt car battery to split the ordinary tap water into hydrogen and oxygen components. The hydrogen can then be used to power the car engine.

Dingel said that a number of foreign car companies have expressed interest in his invention. The officials of the Department of Science and Technology (DOST) have dismissed Dingel's water-powered car as a hoax. In return, Dingel accused them of conspiring with oil producing countries. Dingel, however, was the not the only man on earth who is testing water as an alternative fuel. American inventors Rudolf Gunnerman and Stanley Meyer and the researchers of the U.S. Department of Energy's National Renewable Energy Laboratory have been pursuing similar experiments.

Moon Buggy Inventor
Filipinos consider Eduardo San Juan as the inventor of the Lunar Rover, or more popularly known as the Moon Buggy. The Moon Buggy was the car used by Neil Armstrong and other astronauts when they first explored the moon in 1969. Eduardo San Juan, a graduate of Mapua Institute of Technology (MIT), worked for Lockheed Corporation and conceptualized the design of the Moon Buggy that the Apollo astronauts used while in the moon. As a NASA engineer, San Juan reportedly used his Filipino ingenuity to build a vehicle that would run outside the Earth's atmosphere. He constructed his model using homemade materials. In 1978, San Juan received one of the Ten Outstanding Men (TOM) awards in science and technology.

San Juan, however, was not listed as the inventor of the Moon Buggy in American scientific journals. It said the vehicle was designed and constructed by a group of space engineers. In Poland, the Moon Buggy is attributed to a Polish inventor. Worse, the National Academy of Science and Technology (NAST) does not recognize Flores in its roster of outstanding Filipino scientists.

Space Engineer
On June 25, 2002, the provincial government of Cavite awarded Edward Caro a plaque of recognition for his 42 years of service at the National Aeronautics and Space Administration (NASA) in the United States where he helped launch the Shuttle Radar Topography Mission or the Explorer. Caro, 70 and a native of Cavite retired from NASA in 2001. In return, NASA during the same year conferred Caro the Distinguished Science medal, reportedly the highest honor it gives to its employees. (Source: Philippine Star)

Fluorescent Lamp Inventor
Many Filipinos acknowledge Agapito Flores as the inventor of the fluorescent lamp, which is the most widely used source of lighting in the world today. The fluorescent lamp reportedly got its name from Flores. Written articles about Flores said he was born in Bantayan Island in Cebu. The fluorescent lamp, however, was not invented in a particular year. It was the product of 79 years of the development of the lighting method that began with the invention of the electric light bulb by Thomas Edison.

Among the other inventors who claimed credit for developing the fluorescent lamp were French physicist A. E. Becquerel (1867), Nikola Tesla, Albert Hall (1927), Mark Winsor and Edmund Germer. French inventor Andre Claude was recognized for developing the fluorescent tubular lighting systems. Yet, he was not officially recognized as the inventor of fluorescent lamp. It was reported that the General Electric and Westinghouse obtained Claude's patent rights and developed the fluorescent lamp that we know today.

According to Filipino scientists, fluorescent lamp was not named after Flores. The term fluorescence first cropped up as early as 1852 when English mathematician- physicist George Gabriel Stokes discovered a luminous material called "fluorspar", which he coined with "escence". The National Academy of Science and Technology also dismissed Flores being the inventor of fluorescent lamp as a myth. "No scientific report, no valid statement, no rigorous documents can be used to credit Flores for the discovery of the fluorescent lamp. We have tried to correct this misconception, but the media (for one) and our textbooks (for another) keep using the Flores example," a Filipino scientist wrote in her column at the Philippine Daily Inquirer.

The fluorescent lamps were introduced into the U.S. market in 1938. Still, Filipinos recognize Agapito Flores as the inventor of the product that illuminated the world.

Videophone Inventor
Gregorio Zara of Lipa City and a graduate of the Massachusetts Institute of Technology invented the videophone and developed the Zara Effect or Electrical Kinetic Resistance.

He Discovered Erythromycin
A Filipino scientist reportedly discovered erythromycin in 1949. He was Dr. Abelardo Aguilar who died in 1993 without being recognized and rewarded for his discovery. Reports said Aguilar discovered the antibiotic from the Aspergillus species of fungi in 1949 and sent samples to Indiana-based pharmaceutical firm Eli Lilly Co. The drug firm allegedly registered the propriety name Iloson for the antibiotic in honor of Iloilo province where Aguilar discovered it. In 1952, Eli Lilly Co. began the commercial distribution of Iloson, which was sold as an alternative to penicillin. Erythromycin, the generic name of Iloson, was reportedly the first successful macrolide antibiotic introduced in the US.

Computer Guru
Diosdado Banatao, a native of Iguig, Cagayan and an electrical engineering graduate from Mapua Institute of Technology in Manila is credited for eight major contributions to the Information Technology. Banatao is most known for introducing the first single-chip graphical user interface accelerator that made computers work a lot faster and for helping develop the Ethernet controller chip that made Internet possible. In 1989, he pioneered the local bus concept for personal computers and in the following year developed the First Windows accelerator chip. Intel is now using the chips and technologies developed by Banatao. He now runs his own semiconductor company, Mostron and Chips & Technology, which is based in California's Silicon Valley. (Source: Filipinas Magazine)

Modular Housing Inventor
Edgardo Vazquez won a World Intellectual Property Organization (WIPO) gold medal in 1995 for developing a modular housing system. Such a system called Vazbuilt is reportedly capable of building within weeks a house with prefabricated materials that can withstand typhoons and earthquakes. Ironically, Vasquez is not getting enough support from the Philippine government to propagate his technology, which could help provide shelter to some five million Filipino families without their own homes. Vazquez is the national president of the Filipino Inventors Society.

Inventor of Fuel Products
In 1996, Rudy Lantano Sr., a scientist from the Philippine Department of Science and Technology (DOST), won the World Intellectual Property Organization (WIPO) gold medal for developing Super Bunker Formula-L, a revolutionary fuel half-composed of water. The mix burns faster and emits pollutants, 95 percent less than those released to the air by traditional fuel products. The inventor said his invention is a result of blending new ingredients and additives with ordinary oil products through agitation and mixing, which is a very safe process. The initial plan was to commercially produce two million liters of Alco-Diesel, two million liters of Lan-Gas and an unlimited quantity of Super Bunker Formula-L each day for customers in Luzon.

Natural Gas Vehicle
The Department of Energy (DOE) has developed a vehicle that runs on natural gas, whose rich deposits remain untapped under the Philippine seabed. The project's main objective is to look into the potential of natural gas as an alternative fuel to conventional petrol and diesel for the transport sector. The natural gas vehicle (NVG) has been road-tested in Isabela where an existing natural gas supply from the PNOC Gas Plant is located. Test runs have also been made in Cagayan, Ifugao and Mountain Province. The test vehicle used was the Isuzu Hi-Lander 4JA-1, direct injected diesel engine. The use of natural gas as a fuel is cheaper. On a gallon-equivalent basis, natural gas costs an average of 15 to 40 percent less than gasoline and diesel. There are over one million NVGs in the world today, according to the International Association for Natural Gas Vehicles.

Lamp Fixing Invention
A Filipino inventor has developed a technology, which could revive a busted lamp (pundido) and give it more years of functional life than those of new ones. Acclaimed by the Filipino Inventors Society as timely and revolutionary, the Nutec system can prolong the life of fluorescent lamps up to seven years. Nutec was developed by New World Technology, headed by president Eric Ngo and chosen as the "Product of the Year" at the Worldbex 2000 Building and Construction Exposition held at the Manila Hotel. Engineer Benjamin S. Santos, national president of the Inventors Society, called Nutec a timely invention.

"Tubig Talino"
The Department of Science and Technology claimed that it has developed "Tubig Talino", an iodine-rich drinking water that treats micronutrient deficiencies responsible for goiter, mental and physical retardation, and birth defects. "Tubig Talino" is actually a mixture of 20 liters of water and 15 ml of "Water Plus + I2". Consumption of five glasses a day of this iodine fortification in drinking water is expected to provide 120 micrograms of iodine, which meets 100 percent of the recommended dietary allowance (RDA) of a male adult.

Mole Remover
In 2000, Rolando dela Cruz developed an ingenuous formula that could easily remove deeply grown moles or warts from the skin without leaving marks or hurting the patient. His formula was extracted from cashew nut (Annacardium occidentale) , which is common in the Philippines. The formula won for dela Cruz a gold medal in International Invention, Innovation, Industrial Design and Technology Exhibition in Kuala Lumpur in September 2000. In March 1997, dela Cruz established RCC Amazing Touch International Inc., which runs clinics engaged "in a non-surgical removal of warts, moles and other skin growths, giving the skin renewed energy and vitality without painful and costly surgery."

Feminine Hygiene Product Inventor
Dr. Virgilio Malang won a gold medal for his invention "Psidium Guajava Effervescing Gynecological Insert", a silver medal for his "Patient Side-Turning Hospital Bed", and three bonze medals for his inventions "external vaginal cleanser", "light refracting earpick", and "broom's way of hanging" at the Seoul International Fair in held South Korea in December 2002. There were 385 inventions from 30 countries that joined the competitions.

Who Developed Patis?
Contrary to popular belief, there was no fish sauce or Patis yet during the Spanish occupation. Patis began to become a part of most Filipinos' diet only after the Japanese occupation. Here is an account of how an enterprising lady discovered the fermentation of Patis. Immediately after the war, the family of Ruperta David or Aling Tentay started a dried fish business. One day, Aling Tentay stored in jars some salted fish that turned into fragments even before they dried. While in jars, the fish fragments turned into a liquid substance that tasted like our Patis today. Thus the beginning of the thriving Patis business of Aling Tentay, which was officially registered in 1949 and is known today as Tentay Food and Sauces Inc. (Source: Philippine Daily Inquirer)

A Showcase of Ingenuity
Nothing perhaps has been associated with Filipino technology as much as the country's pride - jeepney. The word "jeep" evolved from the military designation, general-purpose or G.P., of a light vehicle first used by the Americans in World War II. Developed by the U.S. Army Quartermaster Corps, this vehicle was powered by a four-cylinder engine and was classified as a quarter-ton truck in carrying capacity. It had served as a command vehicle, reconnaissance car, and ammunition carrier.

The American soldiers brought these vehicles to the Philippines in the 1940s. After the war, these vehicles were left by the Americans and converted by the Filipinos into public utility vehicles. Employing artistic and indigenous designs, the Filipinos came up with a longer, well-decorated, techni-colored and sleeker vehicle, which they later called jeepney. From the standard military jeep, the body was extended to accommodate between 20 to 30 passengers. Modern jeepneys now sport very colorful and intricate paintings, fancy adornments, and metallic decors reflective of Filipino sentiments, values, and culture. The town of Las Pinas has been recognized as the jeepney-producing center in the country. Today, public utility jeepneys or PUJs serve as the primary means of transportation in most provinces. For this, the Philippines came to be known as the "land of the jeepneys".

Other Noted Scientists
Among the other noted Filipino inventors and scientists are Benjamin Almeda who was acknowledged for his food-processing machine; Teodula Afrika for nata de coco; Ramon Agpoon for dragon fire stove; Adriano Alfonso for cultured cement; Laurelio Anasco for "dormitron"; Arturo Baluyot for Philippine-made airplane; Guillermo Barredo for Maharlika water heater; Pelagio Bautista for hydrosil; Dr. George Camara for experiments on teleophthalmology; Carlos Casas, stand-alone amplifier called Voca CDX 1001 Superamp; Gonzalo Catan Jr. for green charcoal; Roberto Celis for multipurpose portable survival kit; Rolando Cruz for emergency water heater;

Ernesto Darang for shake-and-serve nurser; Armen Dator for magic street sweeper; Maria Carlita Rex Doran for ampalaya solution against HIV; Jaime Escolano for fiber-processing machine; Pepito Fajicular for multipurpose routing machine; Leonardo Gasendo for salt evaporator; Ramon Gustilo for artificial bone replacement systems; Oscar Ibarra for studies on algorithm and computing; Samuel Ignacio for early warning device for vehicles; Marc Loinaz for one-chip video camera; Jacinto Ledesma for rocking dental chair; Cipriano Lim for safety switch box; Dr. E. V. Macalalag Jr. for universalurinary stone solvent;

Antonio Madrid for charcoal furnace; Felix Maramba for coconut oil-fueled power generator; Jose Navato for digital fever detector; Maria Ylagan Orosa for developing banana catsup and pineapple vinegar; Francisco Quisumbing for Quink pen ink; Jose Rodriguez for research on leprosy; Felipe Santillan for rotary dryer; Cornelio Seno for "Pressure Fuild Machine"; Manuel Silos for siloscope; Juanito Simon for Tribotech; Camilo Tabalba for telephone electronic; Ned Teves for endotracheal tube cardiac monitor; Juan Urbano for fountain pen; Carmen Velasquez for research on Philippine fish species; and Dr. Gregorio Zara for TV-telephone.

Needing Support
The Council on Philippine Affairs (Copa) has blamed the government for driving Filipino inventors away from the country. At least four cases were cited for this, namely:

· Ben Santos, the inventor of the "zero oil waste recycling" was subjected to interrogation by the Economic Intelligence and Investigation Bureau (EIIB) for alleged economic sabotage.
Rudy Arambulo, the inventor of multi-shock bullet, has failed to convince the national police and the military to purchase his product.

· Johnson Fong, who has re-engineered carbonless paper, had to export his product first, re-label it and bring it back to the Philippines as an import in order to be accepted in the country.

· Roberto del Rosario, the inventor of sing-along system, had to fight for his right over the karaoke system which most Filipinos think was a Japanese invention. The Philippines was reportedly the second largest market of karaoke, yet del Rosario did not receive his due share.

"This is our colonial mentality at work. This reflects how little faith we have in ourselves. We are indeed our own worst enemies. Others may shoot themselves in the foot. We like to chop our own heads in the most unusual way possible," a Copa official said. (Source: Philippine Daily Inquirer)

Tuesday, July 22, 2008

Access free, crytal-clear new stations with HD Radio

Almost everything now is getting upgraded. What about your radio?

Yup, there is an upgrade now. If you are getting poor quality sound and fewer stations, maybe its time for you to upgrade and get an HD Radio. With HD Radio you get FM stations now with CD-quality sound and AM stations now with FM-quality sound and crystal-clear reception with no audio distortions. Yup..it is amazing! Once you hear the difference, you won’t let go, and you’ll know you want an upgrade right now.

How much would it cost? It is free! Instead of subscription-based satellite radio, why not enjoy a ground antenna based radio--a digital version of FM and AM that can offer you a range of digital radio options at no cost. If you are in Florida, you can get more new country music stations, and Florida High Definition Radio stations. Radio stations started to digitize their towers and program multiple broadcasts (HD2/HD3 multicasts) over the same frequency enabling High Definition Radio stations now deliver quality and great sound.

Also if you got a Polk Audio I-sonic ES2, when songs are playing over the built-in HD Radio, you can tag and create a custom playlist on docked iPods, allowing songs to be purchased later on the web. The ES2 also features XM Connect & Play capability, a CD/DVD drive for audio playback, an alarm clock mode, and 360-degree sound for your complete music and sound needs.

Wednesday, July 16, 2008

Philippines will weather the economic storm!

That is my forecast.

This time its impact is peanuts compared to coconuts during the currency crisis triggered by the Thai Baht in the late 1990s.

Sure, inflation was high last month, and more is due this month. But it is going to be peanuts, which I will explain later.

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Now let go to the US.

Fannie Mae & Freddie Mac are currently in trouble. IndyMac collapsed (5th this year). A hundred more banks are expected to follow IndyMac's demise in a few weeks or months!

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IN Europe, a recession is expected. British workers are striking, while workers of Lufthansa are now collecting ballots for a strike. Housing market in Spain is in a free fall, and the country will probably enter a recession this year. Inflation is high accross the Euro Zone.

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All I am saying is it is happening all over the world (even in China to some extent).

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So why did I say: Philippines will weather the economic storm?

Because:

Majority of Pinoys are farmers. Rice prices doubled during the past 3 months so when harvest comes in September-November their incomes will double, right? Also, the prices of copra which is produced all over the country is in its highest today, actually by 60% compared to last year.

That is why majority of Pinoys will weather the storm.

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The sector that will suffer most are:

1. Government employees. But teachers are suppose to get adjustments of 9K over three years. And increases on other department of governments are on-going.

2. Private sector employees - this group will be hit hard. The government should focus on this group - they should start dangling the Regional Wage Boards - to provide a bit of hope ...or else a massive workers strike could happen a month or two from now!

So?

NFA should focus more on urban areas where most private sector employees are concentrated! They could even withdraw their rice distribution where rice is produced such as Nueva Ecija and Central Luzon, in the Visayas except Cebu, in Bicol, among other provinces in the country - to make sure the these sector will have a light ride during these trying times.

Sunday, July 13, 2008

Cars Running on Water?


Do you remember Daniel Dingel? I read on the news, way back a decade ago, that he invented a car running on water. The Philippine Daily Inquirer reported that (taken from yahoo answers) that Dingle built his engine as early as 1969. Dingel built a car reactor that uses electricity from a 12-volt car battery to split the ordinary tap water into hydrogen and oxygen components. The hydrogen can then be used to power the car engine. The officials of the Department of Science and Technology (DOST) have dismissed Dingel's water-powered car as a hoax.

Today, I stumbled through a forwarded email a company selling a similar technology, complete with props, illustration, and they even offer a 50% affiliate commission!! Their website offers illustrations and how to guides. I do not know if this is for real or a hoax.

Excerpts from their site is below:

CONGRATULATIONS! You’ve landed at the ORIGINAL WATER4GAS website by Ozzie Freedom! There are many fakes appearing throughout the internet. Usually what they sell are books that I give away as a FREE BONUS on this website. This is the only website where you can actually get the real DEAL with real tech support.

- Sincerely,
Ozzie Freedom
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I know oil prices have reach proportions barely affordable to many people. But then, this? Is this for real? Again?

Monday, July 07, 2008

Business Revelation

If you have been a frequent visitor to this site, then you know mostly what this post is about.

Here it is:

1. Years ago I was subsisting on my 15 and 30 salary - money were gone even before the payday comes. It was a trap, a cycle with a no way out. I was afraid, indeed, fear was my greatest motivator, that I would reach 40 or 50 years old still trapped on a 15th and 30th pay day schemes.

2. So I took the plunge. I resigned. Search for a job. Worked in KSA for two years, and save, and save every Riyal that I could.

3. Use the money (savings from KSA) to buy very cheap agricultural lands. I lend money to farmers at below market rates. They approach me when I was looking for agri lands for sale. The lending thing grew.

4. The lending thing - today - is my crown jewel.

5. I mortgage my acquired lands in coops and banks to raise capital. I leveraged it, which means, I acquired money from coops and banks at 12% p.a., and loan the money to farmers, payable in unhusked rice (they mortgaged the land to me and they farm it and pay me a fixed number of sacks as rental every cropping). The cycle which typically occur twice a year is - rentals are collected every cropping, loans are released during planting season.

6. When I started the agri-lending business the buying rate for unhusked rice was 5.50 pesos per kilo. Today it is 17.00 pesos per kilo. Inflation trippled my income! Recently the farmers income shoot up, and so was mine.

7. On average, this business is growing 50% a year (including the spike caused by increased rice prices that started 2 to 3 months ago).

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The buffer:

My coops and bank loans need to be paid on a monthly basis.I set aside a certain amount of money every cropping to enable me to pay at least 2 or 3 monthly dues. The rest are covered with the daily rentals of my vehicles (mutlicabs and tricycles, my rice stores, my online income, and others). I never miss my payments (credit rating! hehehe)

I always pay down my loans to 50% every cropping so I can apply for a reloan - which I release to farmers during planting season.

This means - I use the farmers money to pay my loans. And I use the bank and coop money to provide loans to farmers. The interest differential is mine.

Sa gitna lang ako - my lands, and my kakapirangot na capital. Yan...lang.

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Now..I am not working anymore....mahigit ng two years.

I know this could never lasts. Good things never do. That is why I am diversifying.

Friday, July 04, 2008

Pesos to US dollars forecast

Well...this Pesos - Dollars forecast will cover July to September, 2008.

The bold forecast is : the Peso will continue to weaken, and probably would breach 50 to 51 to the dollar.

Reasons:

1. Inflation data, June was bad. July will be worst.
2. High oil prices.
3. Political noise, and more protest in the coming weeks.

So?

Hold on to your dollars until around November. Cash in again when December comes as OFWs will be sending another record amount of US dollars this Christmas.

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On the news today, from PDI:

The peso slid to a new 10-month low of P45.70 to the dollar Friday before heavy central bank intervention pulled it back to P45.45 near the day's close.

Currency dealers said the market sold down the peso on reports that year-on-year inflation surged to a 14-year high of 11.4 percent in June.

But as the Bangko Sentral ng Pilipinas unloaded dollars between P45.60 to P45.70, the market saw a good opportunity to lock in gains. As a result, the local currency closed slightly stronger than Thursday's P45.50 to the greenback.

The peso, now Asia's second worst performing currency next to the South Korean won, would have fallen deeper if not for BSP's dollar sales. Some traders estimated that the central bank accounted for as much as half of Friday's volume of $847.8 million at the Philippine Dealing System (PDS).

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The Central Bank should be careful unloading dollars, they might get short...of its supply, hehehe.

Wednesday, July 02, 2008

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