Of deficiency and delinquency interest

Most of us may have encountered the situation where you have to borrow money from your parents. Knowing how Filipinos tend to spoil their kids, most end up not paying for the “loan”. The more responsible ones do pay off the loan, albeit, on a staggered and interest-free basis. Still, others prefer to secure consumer […]

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Congested roads need quality public transport

It’s been suggested that Bus Rapid Transit (BRT) should be confined to roads without congestion. This view isn’t only wrong from a technical standpoint, it’s also socially unjust and in conflict with the National Transport Policy. If our policy makers adopt this position, they would be prioritizing the welfare of car users over the welfare […]

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Govt committed to support MSME growth

The Philippines is on track to be one of the fastest growing economies in the Southeast Asia region with the World Bank forecasting its real GDP to grow at a rate of 6.7% for 2018 and 2019. This expansion is expected to be leveraged by the manufacturing and services sectors, supported by rising external demand […]

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New Clark City to boost PH economy

NEW Clark City in Pampanga province is expected to generate $31 billion (P1.65 trillion) annually, or about 4 percent of the Philippines’ gross domestic product (GDP), the Bases Conversion and Development Authority (BCDA) said on Friday. In a statement, the state-owned agency indicated the amount was part of Executive Vice President Aileen Zosa’s presentation of […]

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Powerful news

This week particularly started with powerful news that spurred the market into an advancing mode. The most pivotal of these was the release on Tuesday of the latest draft of the much-awaited terms of reference (TOR) for the selection of the country’s third major telecommunications player by the Department of Information and Communications Technology (DICT). […]

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Senior moments and reverse mortgages

I just completed a 200-mile bicycle journey with my wife Laarni together with my PMA Mistah Dick and his wife Edith in the US. The journey and the adventure were our redefined senior moments. Curiously, the same commercial ad on reverse mortgages kept appearing on TV every time we settled in for the night. The […]

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Renewal of expired corporate term

Reaching 50 years is no mean feat for a corporation and certainly a milestone worthy of a grand celebration. However, from a corporation law standpoint, it can mean the “death” of the corporation when no application for extension or renewal of corporate term is timely filed prior to such 50th anniversary. A corporation exists and […]

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