manila

Taxes and Fees when Buying Property in the Philippines

When buying and selling real estate properties in the Philippines, the final purchase price is not and should not only be the relevant amount.

Other taxes and fees charged on the transaction must be considered by both the buyer and seller because these costs affect the total transaction price.

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'No Classes' announcement – August 9 and 10, 2012

AuManila flood August 2012Several schools, colleges, and universities within and outside Metro Manila have already announced that classes have been suspended on August 9, 2012 (Thursday) and August 10, 2012 (Friday).
On August 9, some schools — including Claret School in Quezon City, Xavier School in Greenhills, San Juan, and De La Salle University in Taft, Manila — already said that there will be no more classes this week and will resume on Monday, August 13.

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Top 10 Philippine Cities: Per Capita Income, Tax Revenues

The cities of Makati, Tagaytay, and Pasig are the top three cities in the Philippines in terms of per capita income in 2009, while the cities of Bayawan (Negros Oriental), San Fernando (Pampanga), and San Jose Del Monte (Bulacan) are the bottom-dwellers. This is according to a May 2012 report by the National Statistical Coordination Board (NSCB).

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Citibank scandal: Did Francis Bryan Ang steal the money or not?

Last week, Citibank Philippines reported that one of its private banking officers have gone missing and allegedly carted with him hundreds of millions of pesos worth of depositors’ money.

Francis Bryan Ang, an Assistant Vice President (AVP) of Citibank Binondo’s Citigold Wealth Management Group, is said to have stolen at least P100 million of his clients’ money. Another news report place the total amount allegedly stolen between P600 million and P1 billion.

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(Pics) Bagyong Ondoy lashes the Philippines

UERM, Sta. Mesa, Manila - Typhoon OndoyYou’ve probably seen that moving video of a woman on the roof of her car during the flood in UERM, Sta. Mesa Manila.

Less-talked about, however, is the man on the same video hanging onto a coconut tree while the cars around him swirl and get drowned.
And there’s one gripping photo of what seems to be a dead body of a woman in Marikina still lying on the street a day after the typhoon hit their area.
These are just some of the unfortunate stories brought by Typhoon Ondoy which devastated parts of Metro Manila, particularly, Marikina, Pasig, and Rizal.
Some more photos of the Ondoy (international name: Ketsana) in the link below.

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