Tag Archives: Investment

Top 8 Richest Province in the Philippines

  Top 8 Richest Province in the Philippines Cebu – Php 35 billion Compostela Valley – Php 19 Billion Batangas – Php 18.1 billion Rizal – Php 18 billion Bukidnon – Php 15 billion Negros Occidental – Php 14 billion Laguna – Php 11 billion Iloilo – Php 11.4 billion Source: Commission on Audit (COA) 2018 data You… Read More »

Scam Alert (Philippines)

  Scam Alert (Philippines) The Securities and Exchange Commission (SEC) is warning the public against individuals and groups taking advantage of the COVID-19 pandemic to defraud investors and consumers. The SEC urges the public to stop investing in the following entities: Rodrigo Duterte Charity Foundation E-Commerce, House of Entrepreneurs, Inc. Mag Invest Ka Online (MIKO) Bitcoin Revolution Azenzo-Online… Read More »

Philippines Tax Incentives System

  For the past years, the Philippines have been overly generous in giving special treatment to some investors who have enjoyed this special status for 30, 30, or 40 years. What is the current status of the Philippines tax incentives system? Php 301 billion estimated foregone revenue in 2015 due to tax incentives, Complex and Unfair, Firms with… Read More »

Beware of Financial Investment Scams in the Philippines

  Public Reminder About Financial Scams The Filipino public is hereby reminded by the government to be aware of and avoid being scammed by unscrupulous persons or syndicates.   Government guidance against investment and insurance scams in the Philippines Inquire Inquire from the Securities and Exchange Commission (SEC), Bangko Sentral ng Pilipinas (BSP) or the Insurance Commission (IC)… Read More »

Salient Features of the Social Security Act of 2018

  What are the salient features of the Social Security Act of 2018? New Contribution rate and Monthly Salary Credit Mandatory OFW Coverage Unemployment/Involuntary Separation Benefit Contribution Penalty Condonation Program New Contribution rate and Monthly Salary Credit There will be a gradual increase in contribution to further strengthen the SSS funds. Starting in April 2019, the new contribution… Read More »