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    Planning a spookfest
     

    A GROUP of young professionals who call themselves “The Hints” is paying good money for an overnight stay sometime this month at the Manila Film Center (MFC). For this group who want to experience new things, the idea is to hold a spookfest and see who chickens out before dawn.

    As everybody knows, there were 48 workers who died during the construction of MFC in the early 1980s. More “sensitive” people who have visited MFC claim the number of disembodied beings has since tripled to also shelter those lost at sea or murdered along the stretch of reclaimed land before it was developed.

    By the way, the ladies washroom is said to be the place with the most action—day or night.

    ****

    Did you know 1: Government workers complain that their loan applications—whether for salary or housing loans—with the Government Service Insurance System (GSIS) have not been moving as quickly as they should because of so-called glitches in the pension fund’s computer system.

    On the contrary, the Union Bank of the Philippines, which manages GSIS’s computer system, claims everything is fine and running.

    Did you know 2: Development Bank of the Philippines president Reynaldo David insisted on having the last say at the rather-serious Senate hearing on the exposure of local banks in collapsed Lehman Brothers.

    He greeted chairman Sen. Ed Angara a “happy birthday” on behalf of all the bankers. Naturally, everybody cracked up and the hearing ended with everybody smiling.

    Did you know 3: Megaworld’s negotiations to enter a joint-venture agreement with Nayong Pilipino (NP) inside the Entertainment City project of the Philippine Amusement and Gaming Corp. is still ongoing.

    You see, NP head Charito Planas wants the theme park to be operational by this Christmas even if that means that Megaworld Corp. chairman Andrew Tan has to authorize three shifts of workers to work on the project round the clock.

    In exchange, Megaworld wants to put up a building of its own from which it can generate income.

    Meanwhile, there’s a group which wants to rent the man-made lake inside the old Nayong Pilipino near the international airport. Here’s the business concept: no-charge fishing unless you want to have your catch cooked.

    ****

    AIG’s decision to sell its profitable Philippine operation will not only cover The Philippine-American General and Life Insurance Co. and valuable real estate such as the head office on Paseo de Roxas in Makati, the old sprawling headquarters on  UN Avenue in Manila, and Philamlife president Jose Cuisia Jr.’s favorite office near his Alabang home.

    AIG also has a savings bank, which rebranded only late last year under former Citibank consumer banker Joven Reyes.

    And there are also AIG’s investments, including those in Shopwise (the hypermarket concept of the Tantoco Group of Rustan’s) and in Stradcom (at least for the Land Transportation Office’s computerization project).

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    Not Business as Usual: Planning a spookfest

    A GROUP of young professionals who call themselves “The Hints” is paying good money for an overnight stay sometime this month at the Manila Film Center (MFC). For this group who want to experience new things, the idea is to hold a spookfest and see who chickens out before dawn.

    read more