Today, the baht is trading at less than 40 to the US dollar while the peso is hovering at the P56.2 level okay, between P53 and P54 at its true value (according to Bangko Sentral Governor Rafael Buenaventura).
Thats where the companys new hires are assigned to hone up their customer relations skills.
You see, many shoppers were discouraged by the rerouting of traffic along EDSA and headed elsewhere to cool off.
Loosely based on a German model for the less developed former East Germany, community-based business centers have been spearheaded by corporations such as Mercedes Benz.
Basically, the idea is to get members of the community toge-ther and to find out what business a community can get into, based on the skills of the residents. Entrepreneurial activities that support the core business add more employment for the community, which, of course, eventually lead to an improvement in their quality of life.
One of things Sonny Escudero has pushed for is the assignment of teachers to the area nearest their home. You see, the practice before was to reward senior teachers by assigning them to the cities while new teachers are given the remote areas, regardless of where they live.
As a result, students in many areas of the country have a teacher only for 3.5 days of the week instead of the standard five days. This is because the teacher arrives at the school by noon of Monday and leaves by noon of Friday. For this reason, students (in all seriousness) call Monday "noon day" and Friday "fly day."