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Car Converts to a Bedroom, Office and Gym

SAIC’s SheLL concept is exploring what else can be  done with an automobile to make it more useful when  you’re not driving it, and what other roles it can fulfil  when it is parked.

The vehicle is not only an automobile, it also transforms into a bedroom, office and gymnasium. As we said, this is a concept from far-left-field

The SheLL concept also explores new materials and how they can be used to reconfigure spaces. Inspired by folding fans and paper lanterns, SAIC has applied elastic membrane technology to the vehicle’s bodywork, so that the Shell is elastically adjustable and capable of adapting itself to various applications and meeting different user requirements.

The SheLL will also connect seamlessly to buildings and public facilities by way of what is expected to become a standard interface for vehicles – a docking station so it can supplement the home or office with another working or living space.

Filed under: Innovation, New Ideas, New Invention,

Brain Vacuum Reverses Stroke Damage

A new tool developed by researchers, the Penumbra  System of Continuous Aspiration Thrombectomy,  vacuums out clots from blood vessels in the brain, and  can reverse the effects of stroke if used within in a few  hours of the incident.

The process involves threading a tiny catheter into a blood vessel up from the groin to the neck, at which point an even smaller catheter emerges and goes up into the brain.

The procedure only works on victims of massive strokes, so patients must receive a CT scan as soon as possible.

Source :

Filed under: New Ideas, New Invention, Research, Scientific Study,

7 Key Qualities of a Successful Entrepreneur

Being an entrepreneur is about more than just starting a business or two, it is about having attitude and the drive to succeed in business. All successful Entrepreneurs have a similar way of thinking and posses several key personal qualities that make them so successful in business. Successful entrepreneurs like the ambitious Richard Branson have an inner drive to succeed and grow their business, rather than having a Harvard Business degree or technical knowledge in a particular field.

All successful entrepreneurs have the following qualities:

  • Inner Drive to Succeed
Entrepreneurs are driven to succeed and expand their business. They see the bigger picture and are often very ambitious. Entrepreneurs set massive goals for themselves and stay committed to achieving them regardless of the obstacles that get in the way.
  • Strong Belief in themselves
Successful entrepreneurs have a healthy opinion of themselves and often have a strong and assertive personality. They are focused and determined to achieve their goals and believe completely in their ability to achieve them. Their self optimism can often been seen by others as flamboyance or arrogance but entrepreneurs are just too focused to spend too much time thinking about un-constructive criticism.
  • Search for New Ideas and Innovation
All entrepreneurs have a passionate desire to do things better and to improve their products or service. They are constantly looking for ways to improve. They’re creative, innovative and resourceful.
  • Openness to Change
If something is not working for them they simply change. Entrepreneurs know the importance of keeping on top of their industry and the only way to being number one is to evolve and change with the times. They’re up to date with the latest technology or service techniques and are always ready to change if they see a new opportunity arise.
  • Competitive by Nature
Successful entrepreneurs thrive on competition. The only way to reach their goals and live up to their self imposed high standards is to compete with other successful businesses.
  • Highly Motivated and Energetic
Entrepreneurs are always on the move, full of energy and highly motivated. They are driven to succeed and have an abundance of self motivation. The high standards and ambition of many entrepreneurs demand that they have to be motivated!
  • Accepting of Constructive Criticism and Rejection
Innovative entrepreneurs are often at the forefront of their industry so they hear the words “it can’t be done” quite a bit. They readjust their path if the criticism is constructive and useful to their overall plan, otherwise they will simply disregard the comments as pessimism. Also, the best entrepreneurs know that rejection and obstacles are a part of any leading business and they deal with them appropriately.
True entrepreneurs are resourceful, passionate and driven to succeed and improve. They’re pioneers and are comfortable fighting on the frontline The great ones are ready to be laughed at and criticized in the beginning because they can see their path ahead and are too busy working towards their dream.

Author: Kristine Geimure Young Entrepreneur

She is a driven young entrepreneur and has started several successful businesses online.

Filed under: Business, Business Ideas for OFW Families, Encouragement, Entrepreneurs, Financial Literacy,

12-yr education cycle under Aquino mulled

MANILA, Philippines – A plan to add 2 more years to the country’s basic education cycle will soon be a reality under the Aquino presidency, according to Aquino’s campaign manager Florencio “Butch” Abad.

Abad, who is rumored to be the future education secretary of Aquino, said the 12-year education cycle is part of the 10-point agenda proposed by Liberal Party bet and President-elect Benigno “Noynoy” Aquino III during the campaign.

The 12-year education plan includes 7 years of primary (elementary) education, and five years of secondary (high school) education.

He said the proposal also includes one year of pre-school for pupils before entering Grade 1.

Abad said the current 10-year basic education cycle in the Philippines is already obsolete since most nations already implement a 12-year education plan.

He said one Japanese consultant noted that Filipino students end up being more tired than Japanese students “because we cram so many subjects in such a short period of time.”

“What happens is that there are subjects that high school graduates don’t really get to focus on, like introduction to calculus or the science and math subjects. Students aren’t given enough time to study and delve deeper into the subjects,” he told radio dzMM.

He added that in some countries, Filipino graduates are required to study for another 2 years to make up for the lack of years spent in school.

Abad said students in Japan and South Korea actually spend up to 14 years in school before entering college to make them more competitive.

He also noted that adding more education years would allow the Department of Education to focus on new subjects such as information and communications technology.

Abad said many parents complain about the proposed 12-year education cycle because they want their kids to finish high school and start working immediately.

“They don’t want their kids to go to college. They just want the kids to work so that they will benefit from them,” he said.

He said one option being studied by the new administration is to extend President Arroyo’s conditional cash transfer program. The program gives P1,500 to impoverished families whose kids are in school.

“We may need to extend that program so that the parents will get some support or subsidy while their kids are in school,” he said.

He also noted that the Aquino administration needs to address the classroom shortage in more than 45,000 public schools nationwide.

The Alliance of Concerned Teachers (ACT) earlier said the country needs an additional 61,343 classrooms to accommodate the more than 21 million students this year.

Filed under: Department of Education, Education

Mira EV Travels 1000km on Single Charge

Mira EV has created a world record with completing 1000 km run on a single battery charge non-stop, powered by Sanyo’s lithium-ion battery systems. This experiment took place on the world’s longest race course in Japan, in Shimotsuma. Organized by Japan Electric Vehicle Club, this long marathon driving was accomplished by a relay team of 17 auto-racers from a training school in Ibraki, Japan.

Restrictions triumphed:
Electric vehicles have long been handicapped for long-distance travel by the limited battery power. But now Sanyo’s lithium-ion battery technology has made it possible for Mira EV to travel 1003.184 km without a recharge. Traveling for 27.5 hours, at 40 mph average speed, from May 22 to May 23, 2010, the trail run by Mira EV was powered by putting together 8320 cylindrical lithium-ion 18650-type batteries.

Beating own record:
Fame is nothing new to Mira EV. It had already once run for 555.6 km nonstop without recharging last November. This was acclaimed as world record in April. But now in May, beating its own record, almost doubling it, Mira EV has created a feat worthy enough to be recorded in Guinness World Record now, by traveling 1000 km on a single charge.

Sanyo strong on its mission:
Sanyo will continue with its work on lithium-ion battery. With Mira EV’s triumph, the future of electrical cars looks very bright. And Sanyo is still going strong on its mission of making a ‘low-carbon society’ possible and help in making zero-emission cars a reality.

Visit link:

Filed under: New Ideas, New Invention, , ,

OFW households seen to save less, spend more

By Michelle Remo/Philippine Daily Inquirer


THE NUMBER of Filipino households that saved a portion of the remittances they received from migrant family members declined in April, according to the latest survey conducted by the Bangko Sentral ng Pilipinas.

Results of the Consumer Expectations Survey showed that out of 545 households receiving money from abroad, only 38 percent said they had set aside a portion of the remittances for savings.

This was sharply lower than the 50.4 percent registered during the previous survey conducted in January, and slightly down from 38.3 percent recorded the previous year.

According to central bank officials, the drop in the number of households that had set aside cash for savings could signal an even faster rise in consumption in the second quarter, which could support healthy growth of the economy. Money not saved may be used for consumption or investment, they explained.

Rising consumption has its advantages, as demand for goods and services helps increase economic activity, they explained.

But Filipino households are still being encouraged to save a portion of the remittances they get to secure their future, central bank officials said. Savings, especially deposits in banks, form part of funds that are lent out to support investment initiatives.

Meanwhile, the number of OFW households that had earmarked a portion of remittances for investments also dropped year-on-year.

Survey showed that out of the 545 respondent-households nationwide, 7.2 percent said they used a portion of remittances for investments. This was lower than the 8.3 percent recorded in the April 2009 survey, but up from 5.8 percent in the January 2010 survey.

Officials said more Filipinos used portions of their money to save and invest last year, when the global economic turmoil reached its peak. The crisis prompted people to be mindful of their security by saving and investing, and consuming less, they added.

The decline this year in the number of remittance-dependent households that save and invest is consistent with projections of improving economic conditions as the global economy recovers from recession.

Filed under: Kwentong OFW, OFW Corner,

OFWs investing more

by Jun Vallecera / Businessmirror
THEY may still account for a fractional minority, but the number of families of overseas Filipino workers (OFW) that set aside a portion of their monthly allotment as investments is growing, the Bangko Sentral ng Pilipinas (BSP) said.

From only 5.8 percent of OFW families surveyed in January, their number swelled to 7.2 percent in the latest data that measures in general the confidence of Filipino consumers in April.

Deputy BSP Governor Diwa C. Guinigundo noted the growing number following the release of consumer confidence data which showed a slight weakening in the second quarter of the year.

“Those households using remittances for investment purposes increased to 7.2 percent from 5.8 percent,” he told reporters. Total remittances from an estimated 8 million Filipinos abroad reached a total of $17.3 billion in 2010.

Nevertheless, the percentage of households that allocated portions of their remittances to savings went down to 38.0 percent during the survey period from 50.4 percent three months earlier, Guinigundo said.

The great majority of households, or 96.3 percent of total, use the money for food; and 64.2 percent spend the money for the education of their children.

Covered by the latest survey are 5,706 households, a little over half of which (3,104 or 54.4 percent), are from Metro Manila.

Traditionally, the bulk of families receiving foreign-exchange earnings of family members working overseas are neither known much as savers or investors.

However, the number of families that do invest some of the repatriated money in small enterprises or financial tools has steadily grown in small increments, the BSP noted.

Most savings are in the form of bank deposits that earn very little interest over time, as most remittance recipients are not financially sophisticated.

The BSP is confident, however, that the OFW families would in time invest their savings in a wider menu of options as the continuing financial literacy campaign championed by the central bank begins to bear fruit—both in the country and among the migrant workers reached by the seminars in labor-hosting countries.

The campaign has gone to Hong Kong, Dubai and other parts of the Middle East, among many territories where thousands of overseas Filipinos work in various fields of endeavor.

Banks such as the privately-owned Security Bank and HSBC have also conducted financial literacy campaigns of their own to parallel efforts the BSP pioneered in much earlier.

Some sophisticated banks and financial institutions have crafted innovative products aimed at securing part of the monthly flows. For instance, global insurer Axa Life Insurance and Investments is preparing a new product just for OFWs—one that guarantees uninterrupted remittance if something bad-—and hopefully transitory—happens to family members working overseas and cuts off the remittance flow.

Such a product has yet to muster the approval of the Insurance Commission, Axa officials said.

Filed under: Business, Business Ideas for OFW Families, Invest in Sorsogon, Kwentong OFW, OFW Corner,

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