The Philippines Today, Yesterday, and Tomorrow
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 … Read more
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 … Read more
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, … Read more
Tips for Diversifying Your Portfolio Are you an OFW or ordinary Filipino thinking of investing? Here’s a tip: The stock market can go up or down at any moment that’s why it’s very important that you don’t put all your eggs in one basket. Diversification is your best defense against stock market swings. 3 Tips … Read more
Bonus season is coming up! Let’s be practical! Learn how to spend less than what you earn. Remember, the wider the gap between what you earn and what you spend, the more potential you have to be financially successful. How to build your wealth? 1. Find ways to spend less be conscious of what … Read more