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Tech Startup CashCashPinoy Sees Opportunity in the Philippines

For tech startups in undersaturated market segments, like CashCashPinoy, operating in the Philippines is an opportunity. Although the operating environment is less than ideal in certain ways, expansion can be rapid and lucrative.
“After launching in 2010, we have become one of the top three eCommerce sites in the Philippines,” says Frédéric Levy of CashCashPinoy.
Because of its location along major trade routes between Asia, Europe, and North America, and its long, complicated history, operating in the Philippines is a challenge which may intimidate or overwhelm potential investors from overseas.
“The Philippines is a country rich in culture tracing back hundreds of years. Today, the Spanish, American, Chinese, and Japanese influences form much of the people’s habits and attitudes,” wrote Phoebe Magdirila on TechInAsia.com.
The domestic political scene can be another complicated factor in understanding the business climate. In addition to political dynasties allied with conglomerates, corruption is a problem in in the archipelago. In his latest Easter message to the nation, President Benigno Aquino vowed to step up his government’s efforts against corruption. Read more

Social Media Jobs: Mashwork, SYProducts, Bernstein & Andriulli

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This week, Mashwork is hiring a premium cable network social media analyst, and SYProducts is seeking a digital content manager. Bernstein & Andriulli needs a blogger/social media editor, and The Opinion Institute is on the hunt for a social media and marketing coordinator. Get the scoop on these openings below, and find additional social media jobs on Mediabistro.

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The Launch Of The Singapore’s First Bitcoin ATM Intrigues Anton Casey

Bitcoin technology is the latest development in the digital finance market, but many experienced financial managers like Anton Casey are skeptical. According to Market Watch, the dynamic is nothing new and can be traced all the way back to tulips in the Dutch flower trade of the 1600s – it’s a mania based on assigned value and the buzz on the street.

While the buzz about tulips spread through the taverns and inflated the price of bulbs to the equivalent of a craftsman’s weekly salary, bitcoins have caught on in Internet chat rooms and caused a great deal of speculation about their worth.

According to Asia Briefing, bitcoins are a ubiquitous digital currency that is unregulated by any government and not considered legal tender. Nonetheless, the market has assigned it value and merchants are willing to accept them as currency. They provide an alternative to government-issued cash that is useful when consumers transact foreign business. Read more

Using Social Media to Spread the Word of God: Bible League International Comments

In today’s ever more digitally connected world, religious groups including Bible League International are of the belief that social media can be a valuable and effective method of reaching out to their followers all over the world.

As a representative of Bible League International, an organization that provides Bible access and scripture engagement worldwide, explains, God’s word can and should be spread any way. If reaching it means reaching more people digitally, then that’s what should be done.”

The advent of the Internet and, more recently, social media have resulted in a marked change in personal habits. The first and last thing most people do every day– 80% of people between the age of 18 and 44, to be exact—is check their phones. When they want to know an answer to a question, they use Google to find the answer. Scrolling through Facebook, Instagram, and Twitter feeds has become a regular fixture of leisurely activity. Read more