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Aman Futures Group
Aman Futures Group (simply referred as Aman Futures) was an investment and privately held company based in Malaysia with branches in the Philippines. It has also been allegedly engaged in a pyramid scheme. The group was founded by Manuel K. Amalilio, a Filipino of Malaysian descent. Controversy Aman Futures was reported as a pyramid scheme in 2012 by the National Bureau of Investigation of the Philippines that duped some 15,000 people in Mindanao and the Visayas of P12 billion (US$295,000,000 est.). Authorities from the Philippines have set a manhunt for Manuel K. Amalilio, the founder of the company who left the Philippines for Sabah, Malaysia. The "double-your-money" was a phrase being pitched to join the network. NBI has said that there is about 8,000 complaints filed against the company and over 100,000 Filipino families were victimized. Irate victims of Aman Futures have ransacked an office rented by the company in Pagadian City. After the manhunt for the brain behind the ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Privately Held
A privately held company (or simply a private company) is a company whose shares and related rights or obligations are not offered for public subscription or publicly negotiated in the respective listed markets, but rather the company's stock is offered, owned, traded, exchanged privately, or over-the-counter. In the case of a closed corporation, there are a relatively small number of shareholders or company members. Related terms are closely-held corporation, unquoted company, and unlisted company. Though less visible than their publicly traded counterparts, private companies have major importance in the world's economy. In 2008, the 441 largest private companies in the United States accounted for ($1.8 trillion) in revenues and employed 6.2 million people, according to ''Forbes''. In 2005, using a substantially smaller pool size (22.7%) for comparison, the 339 companies on ''Forbes'' survey of closely held U.S. businesses sold a trillion dollars' worth of goods and services (4 ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Philippine National Police
The Philippine National Police ( fil, Pambansang Pulisya ng Pilipinas, acronymed as PNP) is the armed national police force in the Philippines. Its national headquarters is located at Camp Crame in Bagong Lipunan ng Crame, Quezon City. Currently, it has approximately 220,000 personnel to police a population in excess of 100 million. The agency is administered and controlled by the National Police Commission and is part of the Department of the Interior and Local Government (DILG). Local police officers are operationally controlled by municipal mayors. DILG, on the other hand, organizes, trains and equips the PNP for the performance of police functions as a police force that is national in scope and civilian in character. The PNP was formed on January 29, 1991, when the Philippine Constabulary and the Integrated National Police were merged pursuant to Republic Act 6975 of 1990. [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Pyramid And Ponzi Schemes
A pyramid (from el, πυραμίς ') is a structure whose outer surfaces are triangular and converge to a single step at the top, making the shape roughly a pyramid in the geometric sense. The base of a pyramid can be trilateral, quadrilateral, or of any polygon shape. As such, a pyramid has at least three outer triangular surfaces (at least four faces including the base). The square pyramid, with a square base and four triangular outer surfaces, is a common version. A pyramid's design, with the majority of the weight closer to the ground and with the pyramidion at the apex, means that less material higher up on the pyramid will be pushing down from above. This distribution of weight allowed early civilizations to create stable monumental structures. Civilizations in many parts of the world have built pyramids. The largest pyramid by volume is the Great Pyramid of Cholula, in the Mexican state of Puebla. For thousands of years, the largest structures on Earth were pyramid ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Defunct Multi-level Marketing Companies
{{Disambiguation ...
Defunct (no longer in use or active) may refer to: * ''Defunct'' (video game), 2014 * Zombie process or defunct process, in Unix-like operating systems See also * * :Former entities * End-of-life product * Obsolescence Obsolescence is the state of being which occurs when an object, service, or practice is no longer maintained or required even though it may still be in good working order. It usually happens when something that is more efficient or less risky r ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Ponzi Scheme
A Ponzi scheme (, ) is a form of fraud that lures investors and pays profits to earlier investors with funds from more recent investors. Named after Italian businessman Charles Ponzi, the scheme leads victims to believe that profits are coming from legitimate business activity (e.g., product sales or successful investments), and they remain unaware that other investors are the source of funds. A Ponzi scheme can maintain the illusion of a sustainable business as long as new investors contribute new funds, and as long as most of the investors do not demand full repayment and still believe in the non-existent assets they are purported to own. Some of the first recorded incidents to meet the modern definition of the Ponzi scheme were carried out from 1869 to 1872 by Adele Spitzeder in Germany and by Sarah Howe in the United States in the 1880s through the "Ladies' Deposit". Howe offered a solely female clientele an 8% monthly interest rate and then stole the money that the wome ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
ABS-CBN News Channel
ABS-CBN News Channel, commonly known as ANC, is a 24/7 Philippine pay television news channel. It was launched in 1996 as the first all-news network in English language. The majority of its programs are produced by ABS-CBN News. The channel is broadcast on terrestrial television in Guam through Dededo's channel 22. ANC is being broadcast from the ANC studio in ABS-CBN Newsroom, Studio 6 & Studio 7 in ABS-CBN Broadcasting Center in the Philippines. An international feed called ''ANC Global'' is also available worldwide as part of TFC premium channels via cable, satellite, iWantTFC and TFC IPTV. History The ABS-CBN News Channel was originally established in 1996 as the Sarimanok News Network or SNN. SNN was the brainchild of the late Eugenio Lopez, Jr. who envisioned a 24-hour television network that would become the primary source of news and information for Filipinos. On May 1, 1996, SNN was first offered on Sky Cable. Back then the channel served the viewers through two maj ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
BusinessWorld
''BusinessWorld'' is a business newspaper in the Philippines with a nationwide circulation of more than 117,000 (as of March 2014). Founded in 1967 as ''Business Day'', it is Southeast Asia's first daily business newspaper. History ''Business Day'' Raúl Locsin, then a reporter for the business section of the now-defunct ''The Manila Chronicle'', took out a ₱5,000 loan to start ''Business Day'', the paper's forerunner. ''Business Day'' released its debut issue on February 27, 1967. It was the first business daily in Southeast Asia, and it was dedicated to “competent and responsible reporting of the news.” On March 1, 1971, ''Business Day'' published a record of the previous year's highest-grossing Philippine firms. Eight years later, the Securities and Exchange Commission and ''Business Day'' launched ''1000 Top Corporations in the Philippines'' gazette. This effort laid the foundation for what is now known as BusinessWorld Top 1000 Corporations in the Philippines, ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Philippine Standard Time
Philippine Standard Time (PST or PhST; fil, Pamantayang Oras ng Pilipinas), also known as Philippine Time (PHT), is the official name for the time zone used in the Philippines. The country only uses one time zone, at an offset of UTC+08:00, but has used daylight saving time for brief periods in the 20th century. Geographic details Geographically, the Philippines lies and 126°34′ east of the Prime Meridian, and is physically located within the UTC+08:00 time zone. Philippine Standard Time is maintained by the Philippine Atmospheric, Geophysical and Astronomical Services Administration (PAGASA). The Philippines shares the same time zone with China, Taiwan, Hong Kong, Macau, Malaysia, Singapore, Western Australia, Brunei, Irkutsk, Central Indonesia, and most of Mongolia. History Philippine Standard Time was instituted through Batas Pambansa Blg. 8 (that defined the metric system), approved on December 2, 1978, and implemented on January 1, 1983. The Philippines ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Manila
Manila ( , ; fil, Maynila, ), officially the City of Manila ( fil, Lungsod ng Maynila, ), is the capital of the Philippines, and its second-most populous city. It is highly urbanized and, as of 2019, was the world's most densely populated city proper. Manila is considered to be a global city and rated as an Alpha – City by Globalization and World Cities Research Network (GaWC). It was the first chartered city in the country, designated as such by the Philippine Commission Act 183 of July 31, 1901. It became autonomous with the passage of Republic Act No. 409, "The Revised Charter of the City of Manila", on June 18, 1949. Manila is considered to be part of the world's original set of global cities because its commercial networks were the first to extend across the Pacific Ocean and connect Asia with the Spanish Americas through the galleon trade; when this was accomplished, it marked the first time in world history that an uninterrupted chain of trade routes circling the ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
The Manila Bulletin
The ''Manila Bulletin'' (), (also known as the ''Bulletin'' and previously known as the ''Manila Daily Bulletin'' from 1906 to September 23, 1972, and the ''Bulletin Today'' from November 22, 1972, to March 10, 1986) is the Philippines' largest English language broadsheet newspaper by circulation. Founded in 1900, it is the second oldest extant newspaper published in the Philippines and the second oldest extant English newspaper in the Far East. It bills itself as "The Nation's Leading Newspaper", which is its official slogan. According to a survey done by the Reuters Institute for the Study of Journalism, Manila Bulletin is considered "one of the most trusted news organizations"; placing 2nd with 66% of Filipinos trusting the organization. History ''Manila Bulletin'' was founded in 1900 by Carlson Taylor as a shipping journal. In 1957, the newspaper was acquired by Swiss expatriate named Hans Menzi. From 1938 to his death in 2002, Jose Guevara wrote a column of po ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
News5
TV5 News and Information, known on-air as News5 (formerly ABC News and Public Affairs and TV5 News and Public Affairs), is the news and information programming division of the TV5 Network Inc., Philippines. News5 produces its news and information, infotainment, and lately entertainment content for free-to-air analog and digital channels TV5, One Sports and One PH, the flagship radio station Radyo5 owned and affiliate television and radio stations in the Philippines, the satellite channels One News and Colours, internationally through Kapatid Channel, AksyonTV International and media portal News5 ''Always On'' and InterAksyon (which recently absorbed to the PhilStar Group). It is headquartered at the TV5 Media Center, Reliance cor. Sheridan sts., Mandaluyong. Firsts News5 set a number of firsts in news reporting in the country. These include the use of Live-Pack and a virtual news set, the first news FM station ( Radyo5 (Singko) 92.3 News FM) and, prior to December 2 ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Zamboanga City
Zamboanga City, officially the City of Zamboanga (Chavacano and es, Ciudad de Zamboanga, Tausūg: ''Dāira sin Sambuangan'', fil, Lungsod ng Zamboanga, ceb, Dakbayan sa Zamboanga), is a city in the Zamboanga Peninsula region of the Philippines. According to the 2020 census, it has a population of 977,234 people. It is the fifth-most populous and third-largest city by land area in the Philippines. It is the commercial and industrial center of the Zamboanga Peninsula Region. On October 12, 1936, Zamboanga became a chartered city under Commonwealth Act No. 39. It was inaugurated on February 26, 1937. Zamboanga City is an independent, chartered city and was designated highly urbanized on November 22, 1983. Although geographically separated, and an independent and chartered city, Zamboanga City is grouped with the province of Zamboanga del Sur for statistical purposes, yet governed independently from it. History Rajahnate of Sanmalan The Zamboanga Peninsula was settled in ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
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