Covering the week’s most noteworthy business news impacting the Filipino-American and Global Filipino community.
The country’s two biggest water concessionaires announced Tuesday, December 10, that they are no longer seeking to collect more than P10 billion in compensation claims from the government after President Rodrigo Duterte accused them of economic sabotage and threatened to jail them. “We are willing to cooperate and negotiate with the government, and we will…
Secretary Chao to discuss innovation and the safe integration of new technologies Arlington, VA, December 9, 2019 – The Consumer Technology Association (CTA)® today announced U.S. Secretary of Transportation Elaine L. Chao will deliver a keynote address at the upcoming CES® 2020, the world’s largest and most influential tech event. Secretary Chao is scheduled to…
Part 2 of 3 THE Tax Cuts and Jobs Act made significant changes to income tax rates and traditional deductions. Let’s look at 10 tips on how those changes affect tax plans for this year ending December 31, 2019. This is the second of a three-part series. 4. Convert your traditional IRA to a Roth…
THERE’S a time to be born and a time to die, a time to plant and a time to harvest. There’s a time for everything. So states Ecclesiastes 3: “For everything, there is a season, a time for every activity under heaven… A time to kill and a time to heal; a time to tear…
Q: I was recently hired for a job and was asked to sign an arbitration agreement. I was told that signing the agreement is “voluntary” but when I asked if I could just skip it, the HR person said “did you want to keep working for the company?” I took that to mean that I…
ARE you worried about not being able to take care of your family’s needs because of your debt problems? No one ever wants to be in this situation but I see it every day in my work as a bankruptcy attorney. When you are overwhelmed with debt problems, the situation becomes even more challenging when…
CES spotlights every company is a tech company Arlington, VA, December 5, 2019 – As the world’s largest and most influential tech event, CES® 2020 represents the entire scope of the global technology market – from AI to 5G, vehicle technology, AR/VR, robotics and beyond. With 61% of all Fortune Global Brands participating, CES 2020…
Manila Water, Maynilad reported to have ‘onerous’ contracts with gov’t President Rodrigo Duterte on Tuesday, December 3, threatened to jail and file economic sabotage cases against Manila Water Co. and Maynilad Water Services due to their 1997 contracts with the government which was described as “the world’s largest water privatization.” “We will expose them. And…
Part 1 of 3 THE Tax Cuts and Jobs Act made significant changes to income tax rates and traditional deductions. Let’s look at 10 tips on how those changes affect tax plans for this year ending December 31, 2019. This is the first of a three-part series. 1. Determine if itemizing deductions still works for…
Manila, Philippines – Duty Free Philippines Corporation (DFPC) signed a Memorandum of Agreement (MoA) with UnionPay, a global payment brand, to officially launch a new rewards program featuring special discounts at all DFPC stores nationwide. DFPC Chief Operating Officer Vicente Pelagio A. Angala and General Manager for UnionPay International Southeast Asia Mr Wenhui Yang acted…
CLARK FREEPORT, PAMPANGA – Hoteliers in Clark, Angeles City, City of San Fernando, Pampanga, Tarlac, and Subic, Zambales have rallied behind Tourism Secretary Bernadette Romulo Puyat to extend the best in Filipino hospitality and ensure that the needs of the visiting athletes are met throughout their stay. In response to Sec. Puyat’s call for the…
Q: I worked on Thanksgiving Day and the Day after Thanksgiving. Am I entitled to holiday pay? A: Around this time of year, we get this question a lot. So we thought we would revisit this issue, especially since Christmas Day and New Year’s Day are coming up and they fall in the middle of…
THE client is a corporation that has been in business since 2000. It had both good and bad times over the last two decades but always managed to land on its feet. It has an ever-growing list of clients that need its products, which it sources from abroad. It has two kinds of clients: clients…
REGION’S MOST PRESTIGIOUS INDUSTRY AWARDS ELEVATE THE BEST OF THE BEST IN 14 REAL ESTATE MARKETS TO RAREFIED HONOURS Singapore takes the biggest haul of the night with seven regional awards, with UOL Group bagging Best Developer (Asia), followed by Indonesia and the Philippines with four wins each Expanded honours recognise excellence in township master…
With the goal of providing a Bigger & Better Christmas for all, LG combined Filipinos’ love for the holidays with the brand’s mission of always giving back to the community. In a media launch event recently held in One Canvas Events Place in Pasong Tamo, Makati, LG Philippines outlined the various initiatives they have lined…
A LOT of people in debt often already know what they need to do once they realize that bankruptcy is their only way out. But they usually delay the decision to file because they try their best to avoid it if at all possible and will only rush to act when they face an immediate…
Cebu, Philippines – Duty Free Philippines Corporation (DFPC) has won the GMR Megawide Cebu Airport Corporation (GMCAC) Partner of the Year Award for its exceptional contribution to the success of Mactan-Cebu International Airport (MCIA). DFPC executives proudly received the award at the JPark Resorts and Casino in Lapu-Lapu City. DFPC was also awarded the Partner…
1. Go to YouTube and Google Take time to view presentations by stock gurus. Listen to their checklists and guidance. Start with basics for beginners and gradually move to more sophisticated charts and moving averages, 2. Open an online brokerage account Open a brokerage account. It’s similar to setting up a bank account. You complete an…
FILIPINO fast food giant Jollibee Foods Corporation (JFC) is setting out to bring more Chickenjoy across North America with the opening of its headquarters in West Covina, California. The grand opening of the company’s office space on Tuesday, November 19 was attended by JFC executives, dignitaries from the Philippine Consulate in Los Angeles, local elected…
THE Filipino American Chamber of Commerce of Greater Los Angeles (FACCGLA) confirmed the new Board of Directors during the record-breaking mixer “Winning Together” last Wednesday, November 20. Ninong’s Cafe was filled to capacity with FACCGLA’s members, sponsors, and guests for the election, and for the chance to hear motivational speaker William Hung, author of “Champion…
“BIG Words Demystified: Fil-Am Authors on A.I. and Sustainability” will be held at the Echo Park Branch of the Los Angeles Public Library at 5:30 p.m on Monday, November 25. Organized by the University of the Philippines Alumni Association of Greater Los Angeles (UPAAGLA), the presenters are prominent alumni Dr. Cris Liban, Executive Officer at…
THE client is a senior at 67. He is married but has been separated from his wife for some time. He lives with a woman but is not married to her obviously because he is only separated from his wife. You can’t remarry until you have divorced. Separation, whether de facto or legal, does not…
EDEN Smiles worked for Walgreens, the pharmacy giant, as a cashier. She filed a class action case on behalf of current and former non-exempt, hourly-paid cashiers, photo specialists, beauty advisors, and other employees assigned cash register duties who worked for Walgreens. Smiles also filed the lawsuit on behalf of the State of California under the…
The Smart Choice for a Smart Home Smart appliances have been in the market for a couple of years now, but have they truly lived up to their name? While TVs, speakers, refrigerators, and other home appliances offer a slew of connectivity options, they have to bring something new to the table, otherwise it’s just…
MANILA, Philippines – November 18, 2019 – Morris Garages—better known today as MG—the much-loved British heritage car brand, has signed an agreement with the Philippine Southeast Asian Games Organizing Committee (PHISGOC) and Mediapro Asia to be the Official Mobility Partner of the 30th Southeast Asian (SEA) Games and the 10th ASEAN Para Games. As part…
Manila, Philippines – With the aim of putting the Philippines in the map of the Southeast Asia’s top shopping destinations, Duty Free Philippines Corporation (DFPC) has inaugurated its newest downtown off-airport store – the Duty Free Luxe. “Today marks the culmination of an idea that began years ago. An idea of a world-class duty free…
CHINO, CA — The Southern California dream can now be yours. In a new home at The Preserve at Chino by Lewis Community Developers, days are filled with first-class amenities, the satisfaction and peace of mind provided by award-winning schools and the remarkable shopping and dining that SoCal is known for. Here, well-respected builders ensure…
1. Research. Just as location is critical real estate investing, research is critical to stock investing. Without research, you have a better chance of making money; without it, a better chance to lose money. 2. Learn how to trade stocks. Commit to learn how to trade stocks. Consider what you hope to gain from the…
AURORA Isabel is a Filipina who worked for the Pasadena Water and Power. Isabel complained that her manager discriminated against her for her accent. She was demoted to a field position and was told to stop complaining or she would be demoted again. Her manager told her that she had to learn to speak without…
THE Fair Debt Collection Practices (FDCPA) is a Federal law that was enacted in 1978 by the United States Congress to protect consumers from abusive debt collectors. However, the FDCPA applies only to third-party collectors who collect debt for original creditors. It does not apply to the original creditor itself who uses its own employees…
