Archive for the “Economy” Category

Filipino Budgeting Basics for you! How to budget your time and your money earned while blogging from home Philippines, working to earn big cash online!

Let us start  with Filipino Basics of Personal Budgeting (Budgeting Concepts). Here I am your great Pinoy financial adviser, no joke this is part of Financial Planning category to be added soon here. Eh, building the blocks of a future good blog.

What is a Budget?

A budget is a determinable breakdown or plan of how much money coming in your hands or in your wallet/pockets/savings bank and where does this money goes.  Budget primarily deals on money allocation, were money is used for a given period of time and for a particular purpose.

Let us define Budgeting, and here is Filipino definition of budgeting;

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Filipinos do hotel business?

The Philippines has 7,107-islands, an archipelago with thousands of potential tourist spots developed. The beautiful scenery of our land and hospitality of our people attracts travelers. As of today, there are thousands of balikbayan Filipinos and tourist flock to some of good destinations in the Philippines. Tourism still have a lot of potential in the Philippines.You see, there is a lot of demand for big hotels. Room shortage in the Philippines is common. Lack of hotel rooms can hamper tourism growth in the Philippines too. Lack of competition resulting in high room rates can hurt tourism too.

Hotel industry everywhere is growing, service or hospitality industry is growing very rapidly everywhere.

Lots of potential in this hotel industry.

Provided by our researchers..

According to the Department of Tourism, international arrivals is still growing.

As tourism serves as the main market for hotel and restaurant services, increase in tourist visitors traffic over the past years  had resulted to the boom in the hotel, restaurant industry and related sub-sector industry.

Philippine hotels offer two major types of services:

  1. accommodation
  2. dining services

Philippine hotels are further classified as Deluxe Luxury Hotels, First Class, Standard, and Economy.

Hotel guests can expect a room with private bath, telephone, radio, and television, in addition to such customer services such as laundry, valet, cleaning and pressing. Aside from the services mentioned, hotels have other facilities: function rooms, ballrooms, health spas, swimming pool, coffee shops, dining rooms, cocktail lounges , gift shops,  news-stand, and business centers for social occasions, health buffs, and business conferences.

Customers of this industry:

  1. domestic household
  2. and foreign visitors

Visitors taste is greatly affected by by three factors:

  1. competitive pricing
  2. availability of services and facilities for children
  3. and type and extent of free services

Here are popular Philippine hotels:

  1. Edsa Shangri-la Hotel
  2. Manila Peninsula
  3. Mandarin Oriental
  4. Makati Shangrila
  5. Manila Diamond Hotel
  6. Traders Hotel
  7. Holiday Inn Manila
  8. Manila Midtown Hotel
  9. Sulo Hotel
  10. GREAT EASTERN HOTEL
  11. Century Imperial Suites
  12. City States Tower Hotel
  13. CENTURY PARK HOTEL
  14. Hyatt Hotel in Manila
  15. DUSIT HOTEL NIKKO

A good opportunity  for you! Start your hotel business now! Are you going to be part of them now?

You can invest your money in the Philippines. Support our nations  strong economy, Filipinos and foreign investors are invited to build business in the Philippines!

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The all new Pinoy2 Network!

On this Pinoy NETWORK focuses on delivering news on current events about Filipino or Pinoy around the world.

Since, this 3rd week of January the whole site been re-invented. We had complied with our current investors plan for our site development. Our current big investor made revisions to our current content and some of our services. The old mobile forum will definitely be abolished and by February will do all new mobile forum that is designed to meet the birth of iphone wap 2.0 site. The mobile wap guestbook service will still remain on service and forums for wapmaster will also remain, the free classifieds will be updated, Foods section will be updated, mobile toplist service will be revised, dowloads section will be updated, tv station blog will remain and we will keep that always updated! All Mobile Web services will be affected, some add-ons will be applied to improve the network services every month. The blog.pinoy2.com which have the  rich content will still remain and support the main domain.

We will try to invest our money, time, research and efforts to trusted networks, such as good advertising network and partner / affiliates, if we met our target 10,000 unique visitors and 200,000 page views in one month by February by good and relevant campaigns. If this would happen, extend one little time more, for us to soon to make more expansions and create more services for our valued visitors.

We choose to follow the said investment plan, to impress our beloved sponsors! The innitiated plan will definitely help our company to boost our ROI and bigger traffic soon.

Our current services inludes the following:

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