James Ryan Jonas

Lemon Law of the Philippines now approved

Have you experienced buying a brand new car and, in just a matter of weeks or months, you’re back in the casa to complain about the defective unit you just purchased?

Did the car maker simply tried doing repairs over and over again, annoying you to the point that you demanded a refund or a replacement for the “lemon” car, but to no avail?

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Foreign banks now allowed full entry in the Philippines

On July 18, 2014, President Benigno Aquino III signed into law Republic Act 10641, allowing more participation of foreign banks in the Philippine banking industry.

RA 10641 (“An Act Allowing the Full Entry of Foreign Banks in the Philippines”) amends the 20-year old Republic Act 7721 (“An Act Liberalizing the Entry and Scope of Operations of Foreign Banks in the Philippines”) to effectively liberalize further the domestic banking sector.

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Elementary, High School, College classes suspended today

With Typhoon Glenda continuing to pummel Metro Manila and parts of Luzon, classes in affected areas have been suspended in all levels in most schools and universities.
Here’s a list of cities that have announced cancellation of classes in all levels, including elementary, high school and college, for both public and private schools.

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How many Filipinos trade stocks online?

Do you know how many Filipinos invest in stocks and how many of them trade online? Come on, take a guess.

Ten million Filipinos? One million?

Believe it or not, the answer is actually much lower.

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Complete list of stocks traded in the PSE

Do you know that there are almost 300 stocks, representing 250+ companies, currently listed in the Philippine Stock Exchange (PSE)?

If you’re wondering why the number of stocks and companies is not equal, that’s because some companies have more than one set of stocks being traded. Majority of stocks traded are common shares, but some companies have also issued Preferred Shares.

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Largest Philippine companies, by Market Capitalization

Which publicly traded company is the largest in the Philippines in terms of market capitalization?

If you answered PLDT (TEL) — don’t be surprised, but you’re wrong.

PLDT is not the largest company in the country right now, well, at least not as of the end of June 2014. Before we reveal the answer to you, let’s first discuss: what is market capitalization?

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