Senior client with business faces crossroads with $70K credit cards
THE client is 72, married, and owns a small business. He’s been operating the business for the last 30 years. At its height, when times were good, the business had…
Category: Business
Covering the week’s most noteworthy business news impacting the Filipino-American and Global Filipino community.
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Protecting new mothers at work
Q: I work for a 100-employee company in Los Angeles. I recently returned to work after maternity leave. Since I decided to breastfeed my newborn, I needed to periodically pump…
Duty Free PH eyes growing market of Filipino outbound travelers
Manila, Philippines – Duty Free Philippines (DFP) has inked partnership with about 50 travel agencies that cater to Filipino International Travellers (FITs) to attract more customers to shop at DFP…
Lamudi Honors Buyers’ Choice in The Outlook Awards
Leading real estate platform Lamudi gathers the top real estate developers in the Philippines for The Outlook 2019: Philippine Buyers’ Choice Property Awards, a gala event co-presented by Philippine Daily…
Korean Air launches flight from LA to Clark International Airport
For those Los Angeles travelers heading to the Philippines, but want to avoid flying into Manila, there’s a new alternative. Korean Air began a daily flight on Friday, October 25…
Discriminated at work due to your hairstyle? You may have legal remedies!
Q: MY new supervisor recently told me that I need to wear my hair in a “more conventional” way because it is distracting other people. My hairstyle is appropriate to…
Repo deficiency causes senior to seek Chapter 7 relief
THE first client is 75. Her husband passed four years ago and left her with $30,000 of credit card debt. She has been making minimum payments on their credit cards…
Is your situation forcing you to file bankruptcy?
FACING serious debt problems can be depressing to a lot of people. It may seem like the end of the world. You may feel angry, depressed, guilty- or a combination…
Mutual Funds (ETF)
Exchange-traded funds versus mutual funds Part 2 of 2 Mutual Funds allow you to trade without paying commission: Because ETFs are traded like stocks, you typically pay a commission to…
Philippine Consulate in Honolulu organizes trade mission to the Philippines
(22 October 2019, Honolulu, Hawaii) – The Philippine Consulate General in Honolulu assisted in organizing the Manila and Clark-leg of the 29th Filipino Chamber of Commerce of Hawaii (FCCH) Joint…
Duty Free Philippines announces 2-day Halloween sale
Duty Free Philippines (DFP) announces a 2-day Halloween sale with up to 60 percent off on selected items on October 26 and 27 at the Duty Free Fiestamall in Parañaque…
Japan Tourism Awards hails PDOT for Boracay Rehab
OSAKA, JAPAN – The Philippine Department of Tourism (PDOT) continues to reap accolades for its beefed up drive to promote sustainable tourism practices in its destinations. Philippine Tourism Secretary Bernadette Romulo-Puyat personally…
Penang International Travel Exchange 2019 Returns for the Second Year
Penang, Malaysia: The Penang International Travel Exchange (PITE), a programme owned by Penang Convention & Exhibition Bureau (PCEB) opened today at the Setia SPICE Convention Centre. With the 2-day B2B…
Japanese real estate developer Nomura brings its expertise to the Philippines
The Philippine real estate industry continues to enjoy steady growth attributed to, among other things, an equally steady increase in demand in the residential condominium segment and the number of…
Forum with BSP governor spotlights PH economy’s resilience
WASHINGTON, D.C.— “The Philippines has come a long way but it is now recognized globally as among the fastest growing and most resilient economies in the world. Its future prospects…
TPB mounts biggest international travel trade event in the Philippines for 2019
The Tourism Promotions Board (TPB) Philippines, the marketing and promotions arm of the Department of Tourism (DOT), is set to boost tourism in the Philippines as it simultaneously mounts the…
Should you consider filing for bankruptcy?
“The law says that bankruptcy is nothing more than a fresh financial start when you are no longer in a position to help yourself.” A LOT of people who are…
Exchange-Traded Funds (ETF)
Exchange-Traded Funds versus Mutual Funds Part 1 of 2 YOU have two options to diversify your stock portfolio: exchange-traded funds (ETFs) and mutual funds. Both involve pooling money that becomes…
Chapter 13 client with house default dies. What happens next?
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…
Thinking of filing a discrimination or retaliation claim? Here are the new deadlines
Q: AFTER I came back from a two-month medical leave, my employer told me that my position was eliminated. However, I heard from a former coworker that the employer hired…
Gov. Newsom signs arbitration bill giving California’s workers, consumers a big win
SACRAMENTO – Delivering a big victory for California workers and consumers, Governor Gavin Newsom on Sunday, October 13, signed SB 707, jointly authored by Senator Bob Wieckowski (D-Fremont) and Senate…
Major credit agency upgrades California’s credit rating
SACRAMENTO – Recognizing California’s decisions to build the state’s fiscal reserves and pay down long-term liabilities, as well as continued economic growth, a major credit agency – Moody’s Investors Service…
Mayor Garcetti launches ‘LA MADE 4.0’ to increase upskilling in LA manufacturing and create new career paths for Angelenos
By 2022, the initiative will retrain 3,000 workers and develop 500 manufacturing pre-apprenticeships and apprenticeships LOS ANGELES — On Tuesday, October 15, Mayor Eric Garcetti announced LA MADE 4.0 —…
Historic Dot Property Philippines Awards 2019 celebrates country’s best developers
MAKATI, Philippines – The third annual Dot Property Philippines Awards 2019 was the biggest, grandest and most exciting in the program’s history with an exclusive presentation ceremony and the awarding…
Three types of Exchange-Traded Funds (ETF)
EXCHANGE-Traded Funds (ETFs) are created from the concept of pooled fund investing. ETFs buy a basket of securities for a pool of investors. These baskets offer benefits of a diversified portfolio….
Jollibee named corporation of the year by LA Asian biz group
Filipino fast-food giant Jollibee Foods Corporation (JFC) was honored as corporation of the year by the Los Angeles Asian Business Association on Thursday, October 10. JFC, with its flagship brand…
Does your fancy job title make you work long hours without overtime pay?
DARREN Stemple worked as a “Business Development Representative” for RingCentral, Inc., a company which sells cloud-based telecommunications systems such as video and audio conferencing, and business app integration software. Its…
Debt problems: You can’t change the past, only the future
ARE you currently struggling with debt problems and don’t know what to do? To most people, finding themselves in that situation is pretty scary. They constantly worry about their finances…
Avoid the bondage of debt, especially seniors
ACCUMULATING debt is the easiest thing you can do in America. Even your dog can get credit cards with a fake social security number. If you are an immigrant and…
Basics of Exchange-Traded Funds (ETF)
WHAT is an ETF? An ETF is a basket of securities that you can buy or sell through a brokerage firm on a stock exchange. Just like a stock, an…
