DOF flags GSIS, SSS, PhilHealth accounting method The Department of Finance (DOF) has ordered three government social institutions (GSIs) to report their social benefit liabilities in full compliance with the Philippine Financial Reporting Standards (PFRS) 4. (SBLs). Finance Secretary Carlos G. Dominguez III revealed in a press conference on Friday, Dec. 3, that the…
Executives bullish on Philippine REIT market It is an “exciting time” for the Philippine real estate investment trust (REIT) market, with the pipeline of initial public offerings (IPO) expected to heat up in the near future, according to top company executives. At a forum hosted by the Securities and Exchange Commission (SEC) on Friday, REIT executives said the Philippines has the potential to have…
MREIT to acquire 4 prime assets MREIT Inc., the real estate investment trust (REIT) company of township developer Megaworld, is finalizing the acquisition of four grade A, Philippine Economic Zone Authority-accredited properties by December this year. Subject to final approvals, the company is looking to acquire Two Techno Place, Three Techno Place and One…
PhilHealth and private hospitals will ‘collaborate’ to handle unpaid claims difficulties. The Philippine Health Insurance Corporation (PhilHealth) says it met with the Private Hospitals Association of the Philippines, Inc. (PHAPi) on Monday, Nov. 8, to discuss unpaid claims issues. In a statement, PhilHealth and PHAPi agreed to collaborate “to cooperatively resolve the claims payments…
REIT getting bigger, wider In my previous columns on real estate investment trust (REIT), I mentioned that the successful launch of REITs in the Philippines bodes well for the property market and the Philippine economy in general. For one, it places the Philippines at par with other Asian economies that have fully developed capital…
“Our quality of life depends on the choices that we make every day.” -Anonymous- Investing in Stock Market and REITs are too overwhelming. With so much information to learn about Stock Market and REITS, sometimes we felt discouraged to push through on our investing journey. Now that REITs are still young, many finance professionals will…
However, not all OFWs are able to manage their finances well. In reality, some are able to handle their finances well, and some are not able to grow their savings. This leaves us the question, why? Here are 5 money mistakes that you, yourself might be committing. Not making a budget plan FIlipinos choose to…
10 Money Lessons that You should Learn… to Save Your Future Money is essential: And to enjoy everything the world has to offer, even the little things, you have to earn and make money. Navigating the world of personal finance can be overwhelming, even for an adult who has quite a bit of experience…
How to be successful in life? Did you know that this is one of the most searched questions in Google? It only means that everyone wants to become successful. But, what does success mean to you, anyway? Is it having great wealth, earning a degree, living an extravagant lifestyle, becoming an influential person, marrying…
NFT Updates: 2022 Directory This article will help you navigate the different NFT blog posts. Here is the list of blog post for the NFT Updates: Things you should know before investing in cryptocurrency this 2022 Exciting News for Airbnb Users this 2022 One of the Biggest NFT Marketplaces in the Digital Market Space PDAX…
