Business Columns

Last Monday was a bloodbath that dragged down the Philippine Stock Exchange index (PSEi) to a 14-month low at 7,414.11. The fall continued on Tuesday with the market closing again lower at 7,312.61 following the global sell-off due to the increasing tension in the brewing trade war between the US and China wherein US President […]

The post Grappling for direction appeared first on The Manila Times Online.

International Financial Reporting Standard (IFRS) 17, Insurance Contracts, is considered the biggest shake-up in insurance reporting for decades, affecting all insurers reporting under IFRS. The International Accounting Standards Board (IASB) released the final standard internationally in May 2017. The Financial Reporting Standards Council (FRSC) locally adopted it in March 2018. It will be effective January […]

The post Biggest shake-up coming for insurance accounting appeared first on The Manila Times Online.

AS far as the Bank of International Settlements (BIS) is concerned, cryptocurrencies like Bitcoin are at best a waste of time and energy that would be better spent on developing applications for blockchain technology that are actually useful. The imaginary fairy coin ecosystem probably won’t be discouraged by yet another downbeat assessment by the evil […]

The post Cryptocurrency earns another potent critic appeared first on The Manila Times Online.

On February 22, 2018, the Bureau of Internal Revenue (BIR) issued Revenue Memorandum Circular (RMC) No. 12-2018 which effectively grants the Commissioner of Internal Revenue (CIR) the power to compel lawyers to divulge information of their clients as taxpayers. This issuance caused ripples in the legal profession and imperiled the attorney-client privilege, a long and […]

The post Attorney-client privilege and the BIR appeared first on The Manila Times Online.

You’ve probably heard about it lately. The inflation rate in the country has been going up. Even if you don’t follow the news, you definitely feel it on your finances. WHAT IS INFLATION? HOW DOES IT AFFECT YOU? Inflation is the rate at which prices of basic goods and services are increasing. It decreases the […]

The post Make household budget inflation-resistant appeared first on The Manila Times Online.

How do I know when an advertising material is good? The measure of quality is when we are delighted with the work, when we know we have given it our best, when my nose for what sells, that faculty of discernment honed by half a century in this industry, smells potential, the power to ring […]

The post The value of the Outsider appeared first on The Manila Times Online.

Rush hour travel is getting worse with more motor vehicles on the road and less mobility. People in cities all over the country are rising earlier and getting home later. The time consumed by congestion is no longer counted in days or months. In a Filipino’s lifespan, the wasted time can be counted in years […]

The post Why BRT on EDSA makes sense appeared first on The Manila Times Online.

THE public stockholders of Primex Corp. may find it hard to find the company’s corporate stockholders because these are all attributed individually to the members of the Ang family. To solve the dilemma, Due Diligencer is adopting the format of the public ownership reports (POR) of other listed companies. In these filings, corporate stockholders are […]

The post What does Primex have in store for the public? appeared first on The Manila Times Online.

At the resumption of trading last June 13, Play Hard and Pixiu had several selling orders which I’m not sure if they were also a local investors’ reflection of how the western press received the outcome of the most-awaited meeting between US President Trump and North Korean leader Kim Jung Un in Singapore. The summit […]

The post Market reaction to Trump-Kim summit appeared first on The Manila Times Online.

A PUBLIC ownership report (POR) as of March 31, 2018 listed the seven members of the board of Philippine H2O Ventures Corp. (H2O) as direct owners of 9.204 million common shares equivalent to 3.784 percent of 243.242 million outstanding common shares. These stockholders as of cut-off date were as follows: Jolly L. Ting, 414,720 common […]

The post Hotel business for Dennis Uy’s newly bought H2O? appeared first on The Manila Times Online.