Text Gambling No one seems to be fazed by the growing trend of textual matter gambling in the Philippines. due to the popularity of short pass service (SMS) or text messaging in the country, broadcast stations and telecommunication companies take in connived to subscribe the now hugely popular text games. Here, the participants, for the most part television system viewers or radio listeners, endow their bet in the form of a text inwardness worth P10 each(prenominal) for the chance to win large prizes. Although less sound out as a form of gambling, text gambling is no distinguishable than other number games resembling lottery, jai alai or jueteng. Companies Lose P3.5 one million million million to Counterfeiting According to the Brand Protection Association (BPA), a distinguish out of 15 multinational companies based in the country, their portion companies deep in thought(p) P3.5 billion to makers and distri justors of fake brand products in the prototypical threesome quarters of 2002 alone. As a result, the authorities too wooly P1.3 billion in potential revenues. The BPA also disclosed that the government confiscated fake goods amounting to P2.4 billion in the first nine months of 2002 alone, up from P800 million in the whole of 1998.

The BPA tell that the counterfeiting and piracy hassle is not limited to CDs, VCDs and computer softw ars but also affects eyeshade brands of garments, bags, wallets, medicines, liquified petroleum gas (LPGs), batteries, lamps, bulbs and switches, brandy, vodka, cig arettes, soaps and shampoo, optical maser printer toner and si gn cartridges, sofa beds, hacksaws, toys and! electronic goods. About 86 makers of product lines are state to be affected by counterfeits, which are boldly sold at formal dispersal channels like shopping malls, department stores and supermarkets. Not because these companies are in on it, but because they are also fooled, Mr. Wallace clarified. The BPA said that the fake drugs and fateful medicines comprise 30 percent of sum up products in the pharmaceutical sector. The lighting sector is burdened by a 5 to 15...If you want to get a rise essay, order it on our website:
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