Covering the week’s most noteworthy business news impacting the Filipino-American and Global Filipino community.
FIRST of all, let’s have a moment of silence for the 10 innocent victims of the shooting massacre in Boulder, Colorado earlier this week. This was another senseless killing of innocent people for no reason at all. Remember, this massacre was preceded only a week ago by the anti-Asian hate crime in Atlanta that murdered…
The Center for International Trade Expositions and Missions (CITEM) brings in 10 of the country’s leading manufacturers of world-class décor, furniture, homeware, and lighting in the first-ever digital edition of Philconstruct Virtual Expo (Philconstruct VX), happening from March 24 to 30, 2020. The 10 brands–Acento Colleccions, E. Murio, Enpekei International, Goltrio, Junk Not, La Galuche,…
LG Brings UVnano Technology to the Philippines LG Philippines has finally launched one of their most eagerly awaited Air Solutions products in the country. In a recent installment of the South Korean technology giant’s popular livestream event, long time LG Brand Ambassador James Deakin hosted the launch that was simulcast through Lazada and Facebook. The…
Filing bankruptcy can be a big decision that most people put off until they realize that they have no other way out of debt. Unfortunately, however, sometimes people wait too long. When they finally do make the decision to file, they soon realize that they would actually have been better off if they had just…
IT has been over year since California declared a state of emergency due to the COVID-19 pandemic. Since then, many employees have stopped coming to their workplaces and have worked from home instead. However, those who were considered “frontline” workers do not have the option of working at home. Considered “essential” to the functioning of…
HERE are simplified Questions & Answers about the freshly minted third round of stimulus payments under the new American Rescue Plan Act of March 2021. 1. How much is the third Economic Impact Payment? $1,400 for individuals, $2,800 for married couples plus $1,400 for each dependent. You will get a payment for all your dependents…
The Philippine participation at the recently concluded Biofach saw promising numbers in terms of buyers met, inquiries garnered, and negotiated sales accumulated CITEM Executive Director Pauline Suaco-Juan is optimistic about the increase in sales and appreciation as Biofach continues to feature its exhibitors until September 2021 At the recently concluded Biofach 2021, the Philippine delegation…
FIRST of all, let’s have a moment of silence in prayer for those who were killed in the massage parlors in Georgia two days ago: Delaina Ashley Yaun, Xiajie Tan, Daoyou Feng, Soon C. Park, Hyun J. Grant, Sucha Kim, Yong A. Yue, and Paul Andre Michels. Six of the eight victims were Asian women….
THE pandemic is not stopping Filipino fast-food chain Jollibee from reaching its goal of opening 450 restaurants around the world in 2021. Jollibee CEO Ernesto Tanmantiong said he is looking toward global expansion while looking for acquisitions that could be funded with the company’s P57.5 billion ($1.2 billion) in cash and short-term investments. “There are…
WASHINGTON — The Treasury Department and Internal Revenue Service announced on Wednesday, March 17 that the federal income tax filing due date for individuals for the 2020 tax year will be automatically extended from April 15, 2021, to May 17, 2021. The IRS will be providing formal guidance in the coming days. “This continues to…
Island Pacific is a supermarket chain that caters to all communities however considers the Filipino American and Asian American as their biggest demographic of loyal shoppers. With the current anti-Asian American hate crimes proliferating in this pandemic, Island Pacific stands united to protect and serve the Asian American communities against bigotry and hate due to…
MOST debt problems don’t go away and solve themselves. They are there when you go to bed at night, and they’re still there when you get up in the morning. They can cause a lot of ulcers, sleepless nights, stress and even physical sickness. As a bankruptcy attorney for the last 22 years, I have…
IN 2001, Sara Alfaro became a firefighter with the San Diego Fire-Rescue Department (SDFD). Throughout her employment, she consistently performed with a rating of “above standard” or better. She has worked at several of the busiest fire stations, where she was the only woman out of a group of 5-10 firefighters during her shift. In…
This is second of three articles about China technology companies. Bilibili (BILI) • Bilibili Inc. is a China-based company principally engaged in internet and other related businesses. • It’s the clear leader in online entertainment for the younger generation. • Mobile games are still the largest revenue contributor at ~50% of total revenue in 1Q20….
Different clients have different financial and asset situations, which make them start thinking about getting rid of accumulated debt. Nobody starts with borrowing money with the intention of defaulting and not being able to pay back. Certainly, in my over 30 years of practice in bankruptcy law, I have seen potential clients, not many actually,…
TO celebrate Disney’s latest animated adventure, McDonald’s restaurants nationwide are unveiling “Raya and the Last Dragon” Happy Meal toys. The Happy Meal lineup includes eight characters from the film, which is inspired by the cultures of Southeast Asia and follows a lone warrior, Raya, on her quest to track down the last dragon to stop…
THIS has got to be the BEST NEWS for homeowners who are filing for bankruptcy to get out of debt! Given the huge job losses and high unemployment rate that have left many unable to pay their debts, this may be the biggest change in the law that can help many people protect and keep…
“Each meal period must be “not less than 30 minutes,” and no employee shall work “more than five hours per day” or “more than 10 hours per day” without being provided with a meal period.” When time is scarce, those minutes count KENNEDY Donohue worked as a nurse recruiter at the San Diego offices of…
THE transition from Trump to Biden presents a tremendous opportunity to invest in China stocks. You may be familiar with Alibaba, Baidu, JD, and Ten Cent. Let me walk you through these China techs. I used to have few China stocks and even reduced my holdings when Trump started a trade war but since then…
GONE are the days when debtors — who owe lots of credit cards but have home equities that surpass the homestead exemption limits depending on age and the number of relatives living in the house — have to use Chapter 13 instead of Chapter 7 to get rid of debilitating credit card debt. Let’s analyze…
THE JobsNOW! Program of the San Francisco Human Services Agency has teamed up with the Office of Economic and Workforce Development and Facebook to offer a program for 50 small businesses in San Francisco. Facebook will train 50 candidates to become Facebook Digital Marketers, paid for by JobsNOW!. The first three months of employment wages are fully subsidized…
Jennifer Christian worked at Umpqua Bank as a Universal Associate. In late 2013, a male customer asked her to open a checking account. While this initial interaction was unremarkable, the customer soon began visiting the bank to drop off “small notes” for her, stating that Ms. Christian was “the most beautiful girl he’[d] seen” and…
THIS is the fourth of four articles on clean energy. Invesco Solar (TAN): • Invesco Solar ETF offers exposure to global technology and utilities stocks that can benefit from demand for solar as an alternative energy. • Investors benefit from the diversification and liquidity to U.S., European and Chinese companies in one product. • The…
HAVE your credit card debts become so large that you can’t even afford the minimum payments? Or perhaps you’re already behind and your accounts have been turned over to collections? What do you do to get out of this financial mess? If you are in this situation, maybe you’ve wondered about what the legal repercussions…
DOES this sound right? It’s almost incredible, but it’s true. California Governor Gavin Newsom signed Assembly Bill 1885 into law and it is the current law on homestead exemptions effective in 2021! This is monumental because the old law provided the following homestead exemptions: If single, $75,000. If below 65 with another family member in…
NEARLY a year into the coronavirus pandemic, California Governor Gavin Newsom this week signed a $7.6 billion relief package that will give one-time payments to over 5 million low-income residents and grants for small businesses. Newsom on Tuesday, February 23 signed several bills that will fast-track relief to Californians, including one that will give $600…
Spending almost all of your time at home is the new normal. Google’s COVID-19 Community Mobility Report, which tracks the frequency of visits to, and length of stay in various places, reveals that the amount of time people are spending at home has increased since February last year. With stay-at-home orders in place in many…
THE Philippines has the most number of women holding senior leadership positions in mid-market businesses among 29 other economies, according to a new report. Grant Thornton’s annual Women in Business report found that Filipino women hold 48% of senior corporate positions in the country, which is five points higher than the 43% in 2020 when…
Two remaining seats on mission still available to the general public until February 28 MEMPHIS – Inspiration4, the world’s first all-civilian mission to space, has announced its second crew member, Hayley Arceneaux of Memphis, TN, a 29-year-old physician assistant at St. Jude Children’s Research Hospital® who was treated as a child for bone cancer at St….
Nowadays the importance of cleanliness cannot be overstated. Frequent hand-washing greatly eliminates the possibility of spreading infectious pathogens. Cleaning gadgets and other items we frequently touch, immediately washing clothes worn outside, and introducing air-purifying indoor plants inside the house are also some of the simple ways that you can keep you and your family safe…
