Board expands COVID-19 rental assistance program
Restrictions eased for restaurants, other business in San Diego county THE County Board of Supervisors voted on Tuesday, January 26 to expand the emergency rental assistance program for San Diegans…
Category: Business
Covering the week’s most noteworthy business news impacting the Filipino-American and Global Filipino community.
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BPI AMTC launches “Wealth Radio” podcast channel on Spotify
BPI Asset Management and Trust Corporation (AMTC), a wholly owned subsidiary of the Bank of the Philippine Islands (BPI), is hailing 2021 with the voice of financial freedom. With the…
Did you apply for a mortgage forbearance during the pandemic?
IF you are a homeowner struggling with mortgage payments during this pandemic, you are not alone. A mortgage forbearance can provide temporary relief by allowing you to make either reduced…
Top housing stocks
Housing demand is outpacing supply. Unsold inventory is down to only three months of supply. California wildfires reduced lumber and helped push up housing prices by 11%. The beneficiaries: homebuilders….
Gender discrimination and retaliation: ‘Bro culture’ exists in big and small companies
Francoise Brougher was employed as Chief Operating Officer of Pinterest, Inc., a multi-billion dollar image sharing service. Prior to working at Pinterest, Ms. Brougher worked for Google and Square. During…
What are the pros and cons of filing for bankruptcy?
LET’S assume that you have incurred too much debt. What do I mean by too much debt? By this, I mean that you are now a slave to creditors because…
LA County to launch loan program to help stabilize small businesses
A SMALL business loan program will launch on January 28, the Los Angeles County Development Authority announced this week. The loan program is made possible through a $10 million business…
Manny Villar only Filipino on Bloomberg’s 500 richest list
BUSINESS tycoon Manuel Villar is the only Filipino listed on Bloomberg Billionaires Index, a daily ranking of the world’s top 500 richest people. As of January 13, the self-made billionaire…
Pandemic debt relief: Is bankruptcy right for you?
“It is a misconception that ‘once you file bankruptcy, you will automatically lose everything.’ The truth is that most people keep everything they have (homes, cars, bank accounts, retirement plans,…
SelfSafe™ to unveil USB emergency I.D. bracelet at CES 2021
Chicago, Illinois – SelfSafe™ is excited to announce that it will be showcasing its new stylish and sporty USB emergency I.D. bracelet at CES 2021, January 11-14. This is the…
New California laws in 2021
HERE are 12 new California laws that take effect in 2021: • Potential COVID-19 Exposure Notification: Requires employers to promptly notify employees of potential coronavirus exposure. • Minimum Wage Increase:…
More employees covered by family leave rights this new year!
Time to bond with a new child or care for family Q: My spouse and I are expecting a baby in a couple of months and we are trying to…
How does the bankruptcy means test work?
WHAT is the means test in bankruptcy? It’s a method for calculating what your household income is to determine if you qualify for Chapter 7 or Chapter 13 of the…
Too much debt and don’t know what to do?
ARE your debts keeping you up at night? Are you always worried about money? Are you barely surviving and can’t even keep up with minimum payments on your credit cards?…
Family Business Stewardship Is a Lasting Gift
A few weeks ago, I witnessed a wonderful change of leadership between the founding father and the next-generation successor, his son. The latter was not the eldest, but he was the most qualified. The…
Rounding down or shaving work hours may entitle employees back wages
LUCAS Mejia was a stocker for Walgreens, a nationwide pharmacy retail store chain. He and many other employees worked as hourly non-exempt employees in a Walgreens distribution center in California….
To people who are considering bankruptcy but are unsure
IF you are struggling with debt problems and are starting to feel hopeless about your situation because you are not getting anywhere in spite of your efforts, at what point…
Unusual Christmas this week
Friday marked Christmas Day as the the whole Christian world celebrated the birth of our Lord and Savior, Jesus Christ, 2020 years ago. Christians also celebrate the fact that God…
Year-end tax plan for December 2020
WHILE we advocated accelerating deductions and postponing income in prior year tax plans, we cannot apply these traditional tactics anymore. Both COVID and a change of the guards at the…
Protecting employees who take medications
When a drug test may constitute disability discrimination “Under California law and the Americans with Disabilities Act (ADA), an employee who is taking medication for a disability is protected from…
The young, not so young and not so old need Chapter 7 debt relief for fresh start
THE young: Clients are in their late 20s, the epitome of youth. They have their whole life ahead of time. They married three years ago. Right after they got married,…
Unemployed due to the pandemic? How bankruptcy can help
Bankruptcy has always been a last resort for people who are struggling with debts that they can no longer pay. Most people would do what they can on their own…
Sunrise Travel holds office blessing for new Las Vegas location
SUNRISE Travel, a longstanding travel agency serving the Filipino American community and beyond in Las Vegas, opened its new office along Maryland Parkway with a blessing on December 4 attended…
Duty Free Philippines Launches New Logo
Tourism attached Duty Free Philippines (DFP) today reveals new logo. This was initially developed as part of the planned corporate relaunch that was suspended due to the pandemic caused by…
Comcast RISE awards over 700 Black-owned, small businesses with marketing and technology resources and makeovers
Multi-year program opens eligibility to small businesses owned by black, indigenous and people of color NEW YORK – Comcast Corporation (NASDAQ: CMCSA) recently announced the first round of Comcast RISE award recipients…
Cacao Innovation Pioneer Armi Lopez Garcia Elected National Chair of Philippine Cacao Industry Council
Armi Lopez Garcia, CEO of Cebu-based Tablea Chocolate, was recently elected National Chairperson of the Philippine Cacao Industry Development Council, December 9, 2020. Currently, the Chairperson of the Central Visayas…
Are you paid less due to your gender or race?
“The California Fair Pay Act (aka the Equal Pay Act) prohibits an employer from paying any of its employees wage rates that are less than what it pays employees of…
Bankruptcy debt relief: Is the pandemic threatening your financial security?
AS I write this article, the country’s economic outlook is grim. The governor just ordered another shutdown of “non-essential businesses” who have already suffered significant financial losses since the pandemic…
A tale of 2 seniors in financial distress
Chapter 7 for senior No. 1 Senior one is 73. He has been separated from his wife for 30 years but not divorced. So, for all intents and purposes, he…
Jollibee to open 28 stores in the US, Canada in 2021
Fast-food chain returns to Mira Mesa, CA Popular fast-food chain Jollibee has set its sights on 2021 and will add 28 stores to its North American network, 19 in the…