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The Department of Finance is pushing for a new law on taxes.
We all know being a commuter in Metro Manila is far from being easy, which is why most people save up for years to be able to buy their own car—a solution that has its own set of problems, but that's another story. A new law ...
 
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The new SEC-approved crowdfunding guidelines now give startups and small and medium-sized enterprises an alternative method of financing their businesses.
Many entrepreneurs have struggled with getting bank loans and traditional funding to get their businesses off the ground, but startups and small and medium enterprises can now look to crowdfunding as a means to fulfill their ventures. The Securities and Exchange Commission (SEC) ...
 
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Who's automatically in or out when it comes to investing in citizenships?
The mere mention of a second passport sparks a number of questions, from how much it costs to how long it takes to get one. First things first: A potential applicant must know if he or she is eligible to apply for one. Knowing ...
 
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It also promises to help clients prepare the next generation of the ultra-rich.
A new private banking service by a local bank will cater to ultra-high net worth individuals and their families, people who have a net worth of at least P100 million.UnionBank recently launched its new private banking service, which it will carry out ...
 
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What’s the use of having lots of money if you don’t know how to handle it?
According to the latest Wealth Report from real estate consultancy Knight Frank, there were over 24,100 individuals in the Philippines whose net worth was at least $1 million (P52.7 million) in 2018. That number shrinks to 215 when you only count ultra ...
 
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Emma Imperial shares how residents in her solar-powered communities are showing their entrepreneurial spirit
Legendary investor Warren Buffett used to say that the greatest risk in investing is when you don’t know what you are doing.Very often, many people invest in financial products that they don’t understand. They act based on their emotions without the appropriate ...
 
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Having trouble keeping track?
Freelancers and solo entrepreneurs would know—tax payments can suck the fun out of the career you’re building. Aside from living with the possibility that our taxes just go to corrupt officials, the whole process of tax payments itself is a pain. What ...
 
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Investing in the stock market is risky, but you can minimize the risks if you know what you are doing.
Stock investing can be fun and exciting but when it is not executed properly, the experience can be financially and emotionally disastrous.It is easy to make money in the stock market if you know how to play the game. Many hopeful beginners ...
 
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These credit cards will help you earn air miles faster and will you give you the lowest foreign exchange conversions.
Not all credit cards are created equal. If you're a frequent flyer, the right credit card could be your best travel companion. Below, we round up the best cards to use when traveling, according to their most notable features.Why It’s Better: One ...
 
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Harry Potter-themed airport displays, a newly awarded Michelin star restaurant, and the only rooftop bar in the world that serves its own tea-infused spirits.
Despite its small size, Singapore makes good on being a dynamic Asian city overflowing with unique business concepts that appeal to the global traveler. Here, new and obscure establishments and activities that may entice you to make that three-hour flight from Manila.Newly ...
 
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Having an emergency fund is having peace of mind.
Q: I have been working in the corporate world for some time now but I don’t seem to have enough savings in my bank account. I am afraid that I may not have the cash to pay for unexpected events when I ...
 
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The interest rates are higher than government treasury bonds and the current inflation rate.
Vista Land & Lifescapes Inc. (VLL), one of the three listed firms owned by the country’s second richest man Mauel Villar, is offering fixed rate retail bonds with an aggregate principal amount of Php5 billion and an oversubscription option of up to ...
 
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The (hefty) price tags included.
For various reasons, investing in a second passport is becoming a popular option among the one-percent—and it goes beyond the visa-free travel. A second passport opens the door to a plethora of options, from where you can work and invest to where ...
 
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Whether it's for security, convenience, or additional perks, these transactions are better done with a swipe.
The Philippines is far from being a cashless country, but when it comes to certain transactions, the pluses of swiping a credit card outweigh those of paying with cash. Used wisely, the shiny piece of plastic can offer its owners more bang ...
 
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This is one way Filipinos can travel visa-free to over 130 countries.
Marriage, bloodline, or residence—these are some of the common ways one can obtain foreign citizenship, and in effect, a foreign passport.Recently, second passports have become a status symbol for the wealthy, since, practically speaking, they open doors for those with weaker passports.Here, we’ll ...
 
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It's as if Cambridge Analytica never happened.
From the rise of ‘Fake News’ to the Cambridge Analytica scandal, it’s been a grizzly 12 months for Facebook and Mark Zuckerberg—culminating in two congressional hearings and a mass, #DeleteFacebook-inspired exodus from the social media platform.Which is why it comes as such ...
 
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Tuition fees have gone insane, but you don't have to.
For over a hundred years, Manulife Philippines has been making general adulting a little easier, especially now that we seem to find it more difficult than previous generations did. Currently they're refocusing their efforts towards education—specifically, its funding. Enter GradMaker, an app made ...
 
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One billionaire was created every one or two days between 2016 and 2017
 Earthlings made a lot of money in 2017, but 82 percent of all that glorious wealth went to just the richest one percent of the global population, says a report by Oxfam released yesterday. On the other end of the spectrum, 3.7 ...
 
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These are their secrets to financial independence.
Money is not everything, and the Truly Rich billionaire knows this. But he also knows how to manage the money he makes and he does it well. Here are things that billionaires do to maintain their wealth while continuing to live a ...
 
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How many Filipinos are really into cryptocurrency?
Compared to its Southeast Asian neighbors, the Philippines has been relatively more open to using Bitcoin and other cryptocurrencies, according to a report in FT.com, the Financial Times newspaper’s online site.In an article published last December 6 titled “Southeast Asia ready to embrace blockchain”, ...
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