President of the Philippines: Things You Need To Know

  The President of the Philippines is considered the most powerful government position in the Philippines.   This position will be contested by at least 4 candidates in the coming 2016 presidential election.   The following will be trying their luck to win the Presidency in the 2016 Presidential election:   Senator Grace Poe Mayor Rodrigo Duterte Secretary… Read More »

Gilbert

13th Month Pay: What Will You Do With It?

13th Month Pay is 1/12th of the basic salary of an employee within a calendar year.   Under PD 851, a law enacted during the time of President Ferdinand Marcos, also known as   Such employees are entitled to the benefit regardless of their designation or employment status and irrespective of the method by which their wages are… Read More »

Gilbert

APEC Philippines: Motorists Patience Were Tested

  The APEC Philippines is scheduled to be held on November 18 and 19, 2015 but most head of state of member economies began arriving today November 17.   The motorists patience were tested last night when traffic halted for 3 to 5 hours in Pasay City. Some motorists said they even wanted to leave their cars on… Read More »

Gilbert

Philippine Banks With No Maintaining Balance

Philippine banks with no maintaining balance, are there such?   I wanted to open a Philippine Bank with no maintaining balance for the purpose of saving for a rainy day.   I have also a relative abroad that occasionally send me money by way of a remittance and I need a savings account for that purpose.   It… Read More »

Gilbert

How To Save On Bank Fees and Charges?

  Perhaps once in your life, you were told by your parents to be thrifty and frugal because life is hard.   Most of you were told to save some money in the bank so you can have something to use in case of emergency.   You may have retained the habit of saving a portion of your… Read More »

Gilbert