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Second-Hand Car Business Booms Anew
Car buyers are purchasing second-hand units instead of brand new ones due to the higher excise tax slapped under the tax reform law that took effect at the start of the year. Fitzgerald Chee, head of...
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Local Suppliers Eyed For Jeepney Modernization Program
According to the Board of Investments, more than half, or 140,000 units, of the initial 200,000 new public utility vehicles (PUV) which will replace the old jeepneys under the government’s PUV...
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Lawmakers Uncertain That TRAIN 2 Will Be Passed By Year-End
Lawmakers on Friday expressed doubts that the second package of the administration's tax reform program will be passed this year. Passing the second package of the tax reform law, also known as Tax...
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How Far Can The Philippine Passport Take You?
In this year’s passport ranking by passportindex.org, our neighboring country Singapore has quietly climbed to the top spot from 14th in 2016, pushing down the long time number 1 passport in the world...
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8 Hidden Credit Card Fees & How You Can Avoid Them
Over the years, credit cards have taken a beating on its reputation and it is almost synonymous with debts. We don’t have to be a slave to this plastic card, which is meant to make our lives easier...
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Cash-Based Budgeting To Spur Government Infrastructure Program
The proposed national budget of ₱3.757 trillion for 2019 deviates from the multi-year obligations-based budgeting system used up to this year. According to the economic managers during the recent...
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Visa Requirements For Filipinos Travelling To Japan Loosens Up
Japan has relaxed the visa requirements of Filipinos traveling to Japan in an effort to boost repeat visitors in the country, the Embassy of Japan in Manila said on Tuesday. Japan has relaxed its visa...
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SEC Releases Rules For ICOs
The Securities and Exchange Commission (SEC) has released proposed rules to govern the registration of initial coin offerings (ICOs), which are usually used by entities to raise funds. Under the draft...
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If You Are A Filipino Seeking To Work Overseas, Read This First
Whether you a looking for work abroad or have just been newly hired for a job overseas, there is one important document you must not overlook. It is the Overseas Employment Certificate (OEC) which is...
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Senate Approved One-Person Corporation Bill
Authored and sponsored by Senate Minority Leader Franklin M. Drilon, the bill aims to provide a more appealing and investor-friendly business environment in the country, not just for big businesses...
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Davao Eyed To be Industrial Center
Davao City has become a hotspot in the nation’s bright economic prospects according to Finance Secretary Carlos Dominguez. In his statement, he also said that the area and the rest of Davao had long...
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BSP Hikes Interest Rate By 50 Basis Points
The Philippine Statistics Authority (PSA) reported on Thursday that the gross domestic product expanded 6 percent in the second quarter, just 0.6-percent lower than the first quarter. However, despite...
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TRAIN Law 2, Will You Be Affected?
Tax changes are coming but how does it affect you? As a regular taxpayer, perhaps the thought that comes to mind is whether this controversial tax reform has any bearing on your annual income. The Tax...
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MMDA Suspends High-Occupancy Vehicle (HOV) Ban
The full implementation of the high-occupancy vehicle (HOV) scheme for EDSA on August 23 was suspended by the Metro Manila Development Authority (MMDA). According to MMDA, the Metro Manila Council...
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NEDA Approves ₱22 Billion Fund For MRT-3 Rehab
The use of official development assistance (ODA) to fund the rehabilitation of the Metro Rail Transit (MRT) Line 3 was approved the Investment Coordination Committee-Cabinet Committee (ICC-CabCom) of...
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GSIS Earmarks ₱2 Billion Loans For Recent Typhoon Victims
State-run Government Service Insurance System (GSIS) has designated more than ₱2 billion for emergency loans to active members and old-age pensioners who are victims of tropical storms Henry, Inday,...
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San Miguel Food And Beverage Corp To Open For Share Sale
San Miguel Corporation will be selling a $2.7 billion stake in its food and beverage unit, San Miguel Food and Beverage Inc. This feat will boost the company's shares to a multi-year high. This move...
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Sari-Sari Stores Eyed For Cashless Payments
According to a Financial Service Provider, TrueMoney, millions of sari-sari stores can serve as gateways for cashless payments. This will help Filipinos to adopt cashless payment and drop cash in...
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Parties And Weddings By The Beach Banned In Boracay
According to Environment Secretary, Roy Cimatu parties and weddings on the beach in Boracay are likely to be banned when the world-famous island open. They will also prohibit the use of LED lights for...
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Fitness Fads And How Much They Cost
Nowadays, especially for the younger generation, fitness is more of a necessity than a routine to feed one’s vanity. While not everyone is doing it, a majority of the young professionals are...
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