As a follow-up to our post on New SSS Contributions which became effective January 1, 2014, we now bring you a similar Premiums and Contribution Table that will guide PhilHealth members or those intending to enroll in PhilHealth.
Double Dragon IPO could be first IPO in 2014
A property development firm jointly owned by Jollibee Foods Corp.’s CEO Tony Tan Caktiong and Mang Inasal’s owner Edgar Injap Sia could be the first initial public offering (IPO) in the Philippine Stock Exchange (PSE) this year.
The company, DoubleDragon Properties Corp., filed an IPO application with the Securities and Exchange Commission on January 31, hoping to raise more than P1.16 billion from the transaction.
PHL inflation rises to 2-year high of 4.2%
The country’s inflation in January 2014 accelerated to its highest rate in two years, due to higher prices of food, non-alcoholic beverages, clothing and household furnishings.
The National Statistics Office (NSO) announced yesterday that the Philippines recorded an inflation rate of 4.2% last month, the highest since December 2011 when inflation also climbed to 4.2%.
GMA7 acquisition: Manny Pangilinan vs. Ramon Ang — again?
Is this another case of “What Manny Pangilinan wants, Ramon Ang will also try to get”?
This question emerges as reports regarding purported interest by Ramon Ang, president of conglomerate San Miguel Corporation (SMC), to acquire a 30% equity stake in GMA Network Inc. (GMA7) surfaced last week.
HSBC bankrupt and on the brink of collapse?
An article entitled “HSBC Bank on Verge of Collapse: Second Major Banking Crash Imminent” is currently making its rounds on social media, causing several people to panic and leading some users to ask whether they should start withdrawing their money from HSBC.
Jobs with Highest Salaries in the Philippines
Salary or money may not be the only thing one looks for in a job, but it surely is one of the most important factors considered before accepting a job. So which position and work industries in the Philippines pay the highest?
Online recruitment site Jobstreet.com shared last year their list of the Top 10 Highest Paying Jobs In The Philippines. The list was determined by identifying the “average salary of all specializations per position level, based on salaries posted by employers” on the website during the first quarter of 2013.
Top Frontier (TFHI)’s stock price drops 58% in just 1 week
The tragic collapse of Top Frontier Investment Holdings Inc. (TFHI) during its initial listing last week highlighted one important stock trading lesson that most investors are still not aware of. That is, a stock’s Initial Public Offering (IPO) or introductory listing does not automatically translate to instant gains.
Most newbie stock investors have this notion that IPOs — or in the case of TFHI, initial listing on the Philippine Stock Exchange (PSE) by way of introduction — always result to profits.
With TFHI’s stock price dropping 44% on its first trading day and 58% total drop in just week — we now see that IPOs and initial listings may not necessarily be good investments.
Green, Maroon MRP passports valid only until 2015
If you still have not switched to the e-Passport, do so ASAP or face the risk of not being allowed entry or exit to/from any country in the world.
The Philippine Department of Foreign Affairs (DFA) has issued an announcement to all Filipino holders of any non-machine readable passports to get the new e-Passport because old passports will be phased out completely and will be unusable starting November 24, 2015.