Pandemic forces PAL to cut 35% of workforce
PHILIPPINE Airlines (PAL) plans to lay off 35% of its workforce, the company announced on Monday, October 5. Around 2,700 workers out of its total 7,800 workforce will be affected…
Category: Business
Covering the week’s most noteworthy business news impacting the Filipino-American and Global Filipino community.
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Building a Strategic Comeback for 2021
For the past several months, hundreds of companies continue to be on the defense because of the influx of unforgiving adversities presented by the pandemic. As most businesses know by…
Q4 & Beyond
By Martin Santiago This is the last quarter of 2020. Despite some challenges, the real estate market has boomed nationwide during the pandemic as people have found themselves spending more…
How not to behave during an IRS audit
1. DON’T go to your appointment unprepared. 2. Don’t be late for the appointment. 3. Don’t volunteer information. 4. Don’t bully IRS personnel. And if they bully you back? 5….
Employee’s right to privacy during accommodation of illness or disability
Lauren Scricca worked as a Clinical Nurse for the University of California Irvine Medical Center (UCI) and was assigned to the Acute Rehab Unit. Throughout the 10 years she worked…
Can bankruptcy help you survive the COVID-19 recession?
THERE have been increasing talks recently about making needed changes under the Bankruptcy Code to protect families and business owners who are suffering during this pandemic. While the government has…
Is client liable personally for company lease of warehouse? Company opts for Chapter 7
THE landlord of the warehouse leased by the client’s company has filed a lawsuit to collect $300,000 of unpaid rent from the company. The question that immediately comes to mind…
McDonald’s/APIA scholarship program awards $500K in scholarships to help Asian, Pacific Islander American students attend college
The program is providing financial support to college students navigating difficult and uncertain education landscape due to current pandemic CHICAGO – McDonald’s USA is thrilled to announce the inaugural class…
Celebrate the Mid-Autumn Festival at Pechanga Resort Casino this October
Win up to $5,000 in EasyPlay with our Lucky Lantern Promotion IN celebration of the Mid-Autumn Festival, Pechanga Resort Casino will be holding the Lucky Lantern promotion every Tuesday in October. Pechanga…
Can bankruptcy help you survive the COVID-19 recession?
THERE have been increasing talks recently about making needed changes under the Bankruptcy Code to protect families and business owners who are suffering during this pandemic. While the government has…
Your next car could be at New Century Volkswagen in Glendale
Volkswagen vehicles have long been favored by drivers all over the world. That includes the Philippines where the automaker first entered the market in 1958, and eventually powered the Volkswagen…
Van Nuys Kia now open with over 700 cars to choose from
Van Nuys Kia has excitedly opened its doors for customers looking for a new car fit for their daily lifestyle or to trade in their old one at a bargained…
How IRS agents are trained to audit you
MY Tax Tips are usually written from your perspective. Let’s make this interesting a bit – turn things around and discuss this from the IRS agent’s perspective. This is how…
New laws protect California workers during this pandemic
IN continuing efforts to protect workers and their families from COVID-19, California recently enacted the following legislation: Notice to employees of potential exposure and report of outbreaks Assembly Bill 685…
Gabby Lopez resigns from ABS-CBN
Eugenio “Gabby” Lopez III has stepped down from his post as ABS-CBN Corporation’s chairman emeritus and director, the broadcast giant announced Thursday, September 24. “Mr. Eugenio ‘Gabby’ Lopez III, today,…
Reasonable accommodation at work due to COVID-19
Q: My coworkers and I have had to work from home due to COVID-19. We are slowly returning to the office and I am concerned. I am an older worker…
Filipino billionaires see their wealth fall during pandemic
THE Philippines’ richest experienced a drop in their fortunes as the COVID-19 pandemic continues to disrupt the country’s economy. The collective wealth of the country’s 50 Richest dropped to $60.6…
PH named top ‘digital riser’ in East Asia and the Pacific
THE Philippines was recently recognized as the top “digital riser” in East Asia and the Pacific by the Berlin-based European Center for Digital Competitiveness (ECDC). In ECDC’s Digital Riser Report,…
How entrepreneur Vanessa Lee brings her Filipina heritage, nursing background to the beauty business
Growing up, Vanessa Lee would sneak off with her mother’s copies of Glamour and Cosmopolitan to read about the latest beauty trends and do-it-yourself tutorials. Channeling her lola’s background as…
Filing bankruptcy due to credit card debt
MOST people don’t talk about their credit card debt because they find it embarrassing. They can talk to their friends and family about everything else but when it comes to…
Pacquiao launches digital payment platform PacPay
PHILIPPINE Senator Manny Pacquiao, the eight-division boxing world champion, is launching PacPay, a digital payment platform for global influencers, brands and fans. The boxer-senator’s technology startup, Pac Technologies, on Friday,…
Can an employer legally fire me because I (or a family member) got COVID-19?
Q: I read about severe cases of COVID-19 infections requiring several weeks of recovery. Can the employer fire me while being on leave due to this illness? Do I have…
What are the common questions about bankruptcy? Here are some answers
IS there a constitutional right to file for bankruptcy? Yes, there is. The United States Constitution adopted 250 years ago provides for the creation of bankruptcy courts and the power…
9 ways to avoid an IRS audit
1. Do not boast about how you got away with undeclared income. Ever heard of whistleblowers? They earn rewards of 15% to 30% of your assessments. 2. Do not hide…
Beware of the ‘one ring’ phone scam
For illegal robocallers, the goal isn’t always getting you to answer. Sometimes, it’s getting you to call back. Every so often, your phone may ring once and then stop. If…
When there’s no other choice but bankruptcy
THIS is one thing I hear from people all the time: “If you ask me, I really hate doing this, but I feel I have no choice.” Of course, no…
Harness the Power of Family Governance for Your Legacy
Strong and successful business legacies, particularly those that attract consistent and robust growth throughout generations, are firmly founded on united, resilient families that employ effective family governance structures. This was…
Fil-Am hairdressers discuss LA County’s new reopening orders, safety protocols for salons
THIS week, Los Angeles County began allowing certain hair salons and barber shops to operate indoors. Effective Wednesday, Sept. 2, hair salons and barber shops may resume indoor services as…
Report: Filipinos barter possessions for food as pandemic continues
With the coronavirus pandemic hitting the Philippines hard, Filipinos have started flocking to Facebook groups to trade their possessions for food, a report by Agence France-Presse (AFP) found. “Online bartering…
Ageism and the rights of older workers (especially in these COVID-19 times)
THE U.S. Equal Employment Opportunity Commission (EEOC) recently announced the settlement of an age discrimination lawsuit against Jet Propulsion Laboratory (JPL), a NASA field center located in Pasadena, CA. JPL…