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How to own real estate in the Philippines

2011-12-24T00:05:00.000+08:00

The Philippines has adopted a Torrens system of land registration that conclusively confirms land ownership which binding on all persons, including the Government. Once registered, title to registered land becomes indefeasible after one year form the date of entry of the decree of registration except with respect to claims noted on the certificate of title. Title to registered lands cannot be

2011: a year in review

2011-12-16T22:15:00.002+08:00

1. Angelo Tomas Reyes- the suicide of the former AFP Chief of Staff. He was apparently humiliated with the way he was treated in the Senate regarding the P200 million conversion of funds. Pasalubong and Pabaon practice by the AFP was alleged by Col. George Rabusa, a former budget officer of the AFP. 2. Egypt People Power- nations of long ago has been ruled by tyrants and dictators but none

What is a tender offer?

2011-12-09T21:40:00.001+08:00

Tender offer is a corporate finance term denoting a type of takeover bid.The tender offer is a public, open offer or invitation (usually announcedin a newspaper advertisement) by a prospective acquirer to all stockholdersof a publicly traded corporation (the target corporation) to tender theirstock for sale at a specified price during a specified time, subject to thetendering of a minimum

Retirement funds get BIR income tax relief

2011-11-04T16:48:00.002+08:00

Finally a tax law for my retirement fund! Read this and tell me what you think. :-)

What is a tender offer?

2011-11-03T00:11:00.002+08:00

New PSE website

2011-10-19T15:47:00.000+08:00

The old PSE website was very '90ish... Old PSE website Recently the Philippine Stock Exchange is continually upgrading its services from adopting a new system in stock symbols for its new trading platform to longer trading hours, and now a new website look New PSE website It is still in its beta stage but it's about time that we see something new in our PSE website. "Be the change

P72B economic stimulus plan

2011-10-11T19:49:00.001+08:00

Pres. Aquino will unveil a P72B economic plan tomorrow, Oct. 12. The government has been criticized by the private sector for its lack of public spending because it is focusing on weeding out deep rooted corruption in its rank. Business leaders has been vocal in stating that along with fighting corruption, an adequate amount of public spending should also be pursued to jumpstart the economy which

Steve Jobs remembered

2011-10-06T20:09:00.000+08:00

Steve Jobs resigned today (Aug. 25, 2011). The face of Apple who is an antithesis to everything Windows. He was more of the creative, iconoclastic, and someone who thinks out of the box. He approached his creation somewhat like an artist. He is a rockstar. He died today. (Oct. 6, 2011 Phl. time). Apple has launched iPhone 4S yesterday. Steve Jobs remembered.

World Teachers Day!

2011-10-05T23:55:00.000+08:00

Today is World Teachers Day. All of us have gone through them in our formative years. Though teaching is a noble profession, the pay isn' t that noble. Teachers and (librarians) should be among the highest paid profession in our society, because without them there could be no doctors, lawyers, engineers, etc. All these professionals has to pass them before they become. Maybe as a recognition of

Philippine Inflation graph: 1988-2010

2011-10-05T23:24:00.000+08:00

Inflation rate is the amount at which your purchasing power is eroded in a certain period. It varies among the different areas or regions in the Philippines. Inflation rate in Davao City is not the same as that in NCR. It has something to do with the goods and services present in each area, the number of consumers, and the like. Inflation is boon and bane for the economy. Though it erodes the

Pyramid of Financial Needs

2011-09-29T21:56:00.002+08:00

BY INSTINCT PEOPLE SAVE (OR HOARD?) THEIR MONEY. It is within our nature to do it because of man's basic need for survival. Money lets us buy food, clothing, shelter, and some of our wants. Try not having any of it in your pocket, in your Gucci wallet, or better yet, not even see it for the rest of your life; you might see the point of having enough of it. For those who still can't reconcile

PSE extended trading hours

2011-09-28T19:00:00.002+08:00

The Philippine Stock Exchange Board of Directorshave approved the amendment of trading hours from its current schedule of9:00 a.m. - 12:10 p.m. to 9:00 a.m. - 1:00 p.m starting October 1st, 2011and starting January 1st, 2012 trading hours will be 9:00 a.m. to 3:30 p.m.Please refer to the table below for your guidance. PSE trading schedule This change in trading schedule is for the

Lee Kuan Yew on the Philippines: a reminder

2011-09-26T18:25:00.002+08:00

SINGAPORE IS A GREAT COUNTRY WITH GREAT ECONOMY. I thinks it has a land area of Cebu? but its per capita income is like that of the USA. I envy that. Next to nil resources, limited land area, small population relative to the Philppines yet it produces more. I remember my college professor in Philippine Constitution remarked that the Philippines and Singapore instituted martial law at the same

Compounding of money illustrated

2011-09-23T23:35:00.002+08:00

Investors call compounding of money the eighth wonder of the world. It's mechanism made them accumulate money. It is so simple yet it's so difficult to execute. Basically, there are three components to make it work: time, principal amount, and yield or return. In our table below we have Php 100.00 as our principal, 40 years for our time horizon, and a comparison of various rates of return

You need life insurance

2011-09-15T20:54:00.005+08:00

Often when somebody asks a breadwinner if he is taking steps to secure his retirement, the answer is yes. But what is interesting to note is that only a portion actually do so. In an online article, 73% of Filipinos say they are saving for their old age or have already made investments for it. That means 73 people out of 100 say so. Alas!, there is a difference between saying something from doing

What is "listing by way of introduction"?

2011-09-12T19:33:00.004+08:00

Looking at the performance of Philex Petroleum Corp. (PSE stock symbol: PXP), it gained more than 600%!! from its initial listing price by way of introduction. Naturally, I was more than surprised, I was awed by that out-of-this-world performance. I began dreaming of the "what-ifs" scenarios relative to PXP's stock market performance. If I have a million when it was listed, after a week of

Health is wealth: anti-dengue info drive

2011-09-08T19:46:00.002+08:00

Part of being financially free is to see to it that we are healthy. Illness entails expense when one is hospitalized. One has to spend for medicine, doctors fees, check-ups, and other incidental expenses because of it. One of these illnesses is dengue h-fever. Obviously, it constitute fever, which is sudden which may last up to two to seven days. It is brought about by the mosquito bites of

Rural Bank of Tagudin is under PDIC control

2011-09-03T16:12:00.004+08:00

NEWS FLASH!! Philippine Deposit Insurance Corporation (PDIC) will start disbursing deposits of the Rural Bank of Tagudin, which is under its receivership for four (4) months already, Wednesday, Sept. 7, 2011. April 8, 2011 was the day the depositors were surprised by the closure of Rural Bank of Tagudin, the first rural bank of Tagudin, Ilocos SurJust a day before they got about their usual

Reportorial requirments for establisments leasing commercial spaces

2011-08-31T12:33:00.001+08:00

Tomorrow is the deadline for submitting the requirements for establisments renting our special for commercial activities. The Bureau of Internal Revenue (BIR) wants lessors and lessees to present to them hard and soft copies of Building/space/layout of the entire area being leased with the proper unit/space address or reference. Certified true copy of Contract of Lease per tenant; and The

Rice husk stove

2011-08-30T20:16:00.001+08:00

There is a clamor now for an environment-friendly way of doing everyday tasks from commuting to work, shopping, even cooking. Recently, there has be steady improvements of products such as vehicles to lessen their carbon emission. Notable here is Toyota's Prius used by celebrity Leonardo DiCaprio. Our very own SM Shopping Malls also incorporates in their operation the use of "Green bags", those

Working hard or working smart?

2011-08-29T14:14:00.000+08:00

Many people has this fantasy of striking out on their own to put up a business. Often times they have an idea of a product they wish to market, and has the initial enthusiasm for their new endeavor. At first, it seem exciting seeing their idea coming into fruition. But as time goes by that spark dims. Sometimes frustration sets in because they are stalled. What makes a business a success? Robert

How to compute your ideal life insurance coverage

2011-07-24T10:17:00.000+08:00

To compute for your ideal life insurance coverage, you have to take into consideration your average monthly expenses. These will include food, utility bills, tuition fees, and the like. After taking all these into account, you add all it up and multiply it by 12, which means the twelve months in a year. Doing this means computing for your annual average expenses. With the result, there are now

How to interpret "Capital" the SC way

2011-07-05T19:55:00.001+08:00

60% of the business is for the Filipino, 40% for the foreigner. The latest ruling regarding the PLDT shares sold by an investor highlight the difference between preferred shares and common shares. Preferred shares has a higher priority when it comes to dividend payout, and asset liquidation in the event of bankruptcy by the company. They are like bonds because to an extent they represent

Speculating, Saving, and Investing: what's the difference?

2011-06-15T20:25:00.003+08:00

In the course of talking to prospective clients about life insurance and mutual funds, many has come to interchange the concept of saving to investing, or investing to speculating. Sometimes when one is set on the belief about something one tend to be consistent with it. But just what is saving as compared to investing or to speculating when it comes to personal finance? They all seem to have a

Save money using Open source software

2011-06-14T20:13:00.002+08:00

Our seemingly indifferent stance on software piracy in the Philippines bordering on permissiveness by our authorities makes majority of the Filipino take the problem as inconsequential. Just take a look at the mushrooming of computer shops and internet cafes all over the country. It just means that putting up a business such as those suggest a low level barrier to entry aided by cheap pirated