Category Archives: Business

BREAKING: Mang Inasal Food Chain Files For Bankruptcy!

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MANILA, Philippines (The Adobo Chronicles, Manila Bureau) – Mang Inasal, the popular food chain that serves Filipino cuisine, including grilled chicken, pork and milkfish usually served with unlimited (UNLI) number of rice servings free of charge, is going bankrupt!

The restaurant chain which was acquired by Jollibee Foods Corporation for Three Billion pesos in 2010, is shutting down all its stores and franchises nationwide, thanks to Senator Cynthia Villar.

Villar recently proposed to ban the serving of UNLI rice at restaurants in the country as a way to attain rice self-sufficiency. She also proposed that Filipinos shift to brown, instead of white rice.

Being the socially-conscious and politically-correct company that it is, Mang Inasal started to serve unlimited kangkong (local spinach) in place of UNLI rice.

Alas, its customers dwindled and its sales dropped significantly, forcing the company to file for bankruptcy and to shut its doors for good.

Sometimes, our lawmakers think of the most stupid ideas to the detriment of our citizens and businesses.

Damage Control: BPI Launches New Service

IMG_2069MANILA, Philippines (The Adobo Chronicles, Manila Bureau) – The computer glitch this week at the Bank of the Philippine Islands (BPI) that left thousands  with either negative or blown up accounts will definitely have an adverse effect on the bank’s operations and customer base.

The internal system error caused the bank’s ATM machines and online banking to go offline for days.

In an effort to lessen the negative impact of the glitch on its banking business, the BPI board of directors today announced that it has launched a new banking service that it expects to be glitch-free and safe from systems errors or even hacking.

The new service is called “BPIoffline.”

Thousands Of MRT Commuters Miss Their Trains, Thanks To BPI

IMG_2054MANILA, Philippines (The Adobo Chronicles, Manila Bureau) – Thousands of Metro Manila commuters missed their trains this morning because of the glitch that hit the computer systems of Bank of the Philippine Islands (BPI) yesterday.

Many employees reported late for work while students missed their classes.

The mess began at around 7:45 a.m. when commuters started lining up to get to the MRT stations.  Many noticed that the queues were unusually long.  But they persisted.

It was not until about 9:00 a.m that the commuters realized that they have been lining up in the wrong queue.  The long lines were actually leading to nearby branches of BPI.  Bank customers were lining up to get to the ATMs and their bank to withdraw cash or to find out whether their accounts were affected by the nationwide internal system error at BPI.

Moral of the story:  don’t just follow the crowd.  Investigate!