Citing a report from the Anti-Money Laundering Council (AMLC), the Philippine Daily Inquirer reported today that “a total of Php11 billion” had been recorded in the bank and investment accounts of Vice President Jejomar Binay, his alleged dummies, and his son Makati City Mayor Jejomar Erwin “Junjun” Binay Jr. since 2008.
At one point, more than Php630 million were deposited — all in just one day — in the bank accounts of the alleged Binay dummies. The alleged dummies were named by the AMLC as Gerardo Limlingan, Mario Oreta and Bernadette Cezar Portollano, who received a combined Php630 million on October 14, 2014.
Pacquiao to get P5.4 billion from Mayweather fight?
Manny Pacquiao may have lost the boxing fight, but he won’t go home defeated on the money front. How much will Pacquiao’s camp receive from the “Fight of the Century” bout with Floyd Mayweather?
PSE Stocks: Top 10 Gainers and Losers (Jan-Mar 2015)
It’s beginning to be a tumultuous stock market again, with the Philippine Stock Exchange index (PSEi) continuing its downtrend, dipping below the 7,800 mark yesterday before recovering to close at 7,865.27.
Local stock prices have fallen in recent weeks, several hundred points away from the PSEi’s all-time high level above the 8,100 mark.
Pryce Corp. (PPC) stock gains 940% — but why?
A lot of newbie stock traders were surprised yesterday, March 16, when one stock breached the 50% price ceiling rule and even closed with a one-day gain of 940%.
Pryce Corporation (PPC) yesterday closed at P2.60 — a 940% price increase from its last traded price of P0.25 per share.
How did it happen?
Can Royale Business Club survive tax evasion case?
Is Royale Business Club guilty of tax evasion?
Yes, according to the Bureau of Internal Revenue (BIR) as the agency filed a P359.75 million tax evasion case against the popular popular multi-level marketing (MLM) company.
Which stocks to buy? Here’s the portfolio of 14 investment funds
Philippine stocks have been reaching new milestones, with the Philippine Stock Exchange index (PSEi) hitting all-time high records week after week since the start of the year. You’ve been itching to start investing in stocks but are still at a loss about specific stocks to buy.
What do you do?
Top Performing Stocks in the Philippines (January 2015)
The first month of 2015 is over and it ended positively for stock investors who saw a surprisingly upbeat performance of the Philippine Stock Exchange.
In January 2015, the Philippine Stock Exchange index (PSEi) closed higher by 6.4%, a refreshing news given bleak outlook and fears of recession in other parts of the world.
PSE index could hit 7,800 this year, says RCBC Securities
There is still room for growth for Philippine stocks, with the benchmark Philippine Stock Exchange index (PSEi) possibly reaching another milestone high of 7,800 this 2015, according to stockbroker RCBC Securities.