Beware of SCAM Jobs - Dynamite Solutions LTD

    Beware of SCAM Jobs Online

    Don't you just hate it when you're searching for job online and come across a total time waster such as scammers? You may view more scams here

    Today I got this email from Richard Wood (I highly doubt if that's even his real name) with Dynamite Solutions LTD. 



    Hello,

    Here is additional information about the vacancy with Dynamite Solutions LTD.

    Our main goal, within the company, is to match our clients needs with the best freelancers available, world wide.

    Job title is Payment Processing Agent.

    Job requirements:
    - 18 years of age or older;
    - Internet access;
    - working telephone number;
    - bank account (current/savings) or a Verified Premier or Business PayPal account. New accounts are also welcomed!
    - availability of 2-3 hours per day.

    Refer to the links below for additional information:  http://www.dynamite-solutions.com/job/finance2?lang=uk


    MAIN POINTS:
    - No investment of money on your part;
    - Long-term or Short-term employment is available;
    - Base pay along with commission is guaranteed;
    - Training is provided during the probationary period.
    - This is NOT a sales position;

    SIGN ON BONUS! Please follow the link: http://www.dynamite-solutions.com/job/finance-bonus?lang=uk

    Our company registration number is:

    For further information or to request an application, please reply to this e-mail.

    Thank you for your time and interest with our company.

    Best Regards,

    Richard Wood
    Phone: 0141 356 1846
    Fax: 087 2352 7716

    Their website is quite shady and confirmed from this thread that such website is indeed a scam. 

    Philippines Included in the World's Best Countries in Business English



    The Philippines was named the world’s best country in business English proficiency, even beating the United States, according to a recent study by GlobalEnglish Corporation (Source)

    GlobalEnglish has released early this month the results of its annual Business English Index (BEI), the only index that measures business English proficiency in the workplace.

    For 2012, results showed that from 76 represented countries worldwide, only the Philippines attained a score above 7.0, "a BEI level within range of a high proficiency that indicates an ability to take an active role in business discussions and perform relatively complex tasks."

    “This is particularly interesting because the Philippines, a country with one-tenth of the population of India, recently overtook India as a hub for call centers. Over 400,000 Filipinos are now employed in call centers, roughly 50,000 more than in India,” the study said.

    The Philippines, which scored 7.11 and the lone country in the intermediate level, were joined by Norway (6.54), Estonia (6.45), Serbia (6.38) and Slovenia (6.19) in the top five.

    GlobalEnglish noted that a country’s business English capability is an indicator of its economic growth and business success.

    “It is not surprising that both the Philippines and Norway—the only two countries in the top five in both 2011 and 2012—are improving their economies, based on the latest GDP data from the World Bank,” it added.

    Meanwhile, struggling economic powers (Japan, Italy and Mexico) and fast-growth emerging markets (Brazil, Columbia and Chile) scored below a 4.0 in business English proficiency, placing them at a disadvantage when competing in a global marketplace, the study said.

    It also pointed out that shifts in global talent have put even English-speaking countries at risk.

    “Surprisingly the BEI score for global workers in the U.S. declined from 6.9 to 5.09 since the original 2011 BEI benchmark, which is attributed to a majority of test takers being foreign-born engineers and scientists,” the report said.

    Rest of the world ranked beginner and basic level

    Based on a scale of 1-10, the average 2012 BEI score across 108,000 test takers around the world is 4.15 which is lower than last year’s 4.46.

    Nearly four out of 10 (38.2 percent) global workers from 76 countries were ranked as business English beginners, meaning that, on average, they can’t understand or communicate basic information during virtual or in-person meetings, read or write professional emails in English or deal with complexity and rapid change in a global business environment, the study said.

    Meanwhile, the majority of global workers (60.5 percent) from the represented countries scored between a 4.0 and 7.0, below an intermediate level, indicating an inability to take an active role in business discussions or perform relatively complex tasks such as presentation development and customer or partner negotiations, it added.

    GlobalEnglish stressed that the 2012 BEI which showed a lack of business English proficiency is threatening the productivity of companies, industries and country-specific economies this year.

    “Poor Business English skills are bad for global businesses and this year’s Business English Index suggests that many companies will be hard-pressed to achieve their desired performance goals during 2012,” said Tom Kahl, GlobalEnglish President.

    “Addressing English skills gaps and ensuring that employees can immediately perform at the necessary proficiency level should be viewed as a strategic imperative for multinational businesses, as Enterprise Fluency, the ability to seamlessly communicate and collaborate within global organizations, can deliver significant financial upside,” Kahl added.

    Headquartered in Brisbane, California, GlobalEnglish works with multinational companies – including Cisco, Procter and Gamble, HSBC, Phzer – to support performance in business English across the workforce around the world.

    Here's the list of the 10 best and worst countries in the world for business English proficiency based on GlobalEnglish's 2012 BEI:

    10 Best Countries:
    Philippines
    Norway
    Serbia
    Slovenia
    Australia
    Malaysia
    India
    Lithuania
    Singapore
    Canada

    10 Worst Countries:
    Armenia
    Cote d'Ivoire
    Taiwan
    Honduras
    Columbia
    Chile
    El Salvador
    Saudi Arabia
    Israel
    Brazil


    How to Cancel Your PPLIC Insurance

    Sample Cancellation Letter and Steps to Cancel Insurance with PPLIC


    You've probably previously read about my article about the Philippine Prudential Life Insurance Company and their misleading marketing strategies and you want to cancel your insurance policy. However, before you cancel, you may want to read what the company has to say

    Resources On How to Cancel Your PPLIC Insurance




    Click here for the complete resources for cancelling your insurance policy.
    Click here  and here for the step by step process on how to cancel. 
    Click here for the sample cancellation letter
    Click here for the letter which the PPLIC employee sent me apologizing. 

    Hope those resources can help you cancel your insurance policy with PPLIC once you've decided. 


    Philippines Investment Rating Upgraded by Fitch



    Good news Philippines! The following article is essentially going to be a re-post of Bloomberg's article but hey, congratulations Philippines! Another reason why investors should invest in the Philippines is the upgrade on our investment rating!



    The rating on the nation’s long-term foreign currency- denominated debt was raised one level to BBB- from BB+, Fitch said in a statement today. The outlook on the rating is stable.



    “The Philippines’ sovereign external balance sheet is considered strong relative to A range peers, let alone BB and BBB category medians,” Fitch said, citing the net external creditor position.

    An exit from so-called junk status bolsters Aquino’s drive to transform the nation into one of the region’s fastest-growing economies 15 years after the Asian financial crisis of 1997-98. The upgrade may also boost capital inflows and complicate the job of the central bank as it tries to rein in an appreciating peso and curb asset bubbles.

    “Funds are already pouring into the Philippines and an investment grade is a further endorsement,” Eugene Leow, a Singapore-based economist at DBS Group Holdings Ltd., said before the report. “It allows a wider pool of investors to buy Philippine assets and there might be a slight bump up in inflows. The central bank has been sounding off on inflows and they could implement measures to deter speculative inflows.”

    The Philippine Stock Exchange Index (PCOMP) surged to a record in March and the peso is trading near a five-year high.