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Call to tax the very richest arises from their own ranks

The combined wealth of the world’s very richest dipped by $500 billion in 2023, to $12.2 trillion from $12.7 trillion in March 2022, according to Forbes, whose list of 2,668 billionaires in 2022 also dipped to 2,640......»»

Category: newsSource:  philstarRelated NewsJan 20th, 2024

FACT CHECK: Marcos’ last will had no plans to distribute wealth for the people

A video on Okay Dito’s YouTube channel claimed that former President Ferdinand E. Marcos’ last will detailed his intention to use his net worth for programs and initiatives that would benefit the Filipino people......»»

Category: newsSource:  davaotodayRelated NewsApr 9th, 2024

Marcos: No need to invoke mutual defense treaty in Ayungin clash | The wRap

The wRap's highlights: Marcos on West Philippine Sea, Marcos on ill-gotten wealth, Singapore & Taylor Swift.....»»

Category: newsSource:  rapplerRelated NewsMar 7th, 2024

Recto pitches Maharlika fund to Australians

Finance Secretary Ralph Recto encouraged Australian businesses to invest in the country’s first sovereign wealth fund, noting that the Philippines has pro-business policies in place......»»

Category: financeSource:  philstarRelated NewsMar 5th, 2024

Groups urge, caution Recto on wealth tax

Finance Secretary Ralph Recto should consider taxing the wealthy if he is hell-bent on widening the country’s fiscal space, but such a move may boomerang and cost him his political goals, if any, yet again......»»

Category: newsSource:  philstarRelated NewsFeb 4th, 2024

SEC revokes license of lending firm

The Securities and Exchange Commission has revoked the certificate of authority of Wealth and Personal Development Lending Inc. to operate as a lending company......»»

Category: financeSource:  philstarRelated NewsJan 17th, 2024

Marcos denies family’s ill-gotten wealth anew, accuses critics of propaganda

Marcos sought to downplay well-documented evidence that the late dictator Ferdinand Marcos Jr. had stripped government coffers of at least $5 billion and that his family acquired millions-worth of stolen loot that they even took with them to exile in Hawaii......»»

Category: newsSource:  philstarRelated NewsMar 5th, 2024

Marcos names retired CA justice as PCGG chief

President Marcos has named a retired associate justice of the appellate court as chief of the Presidential Commission on Good Government , the agency tasked to recover the ill-gotten wealth of the Marcoses and their close associates......»»

Category: newsSource:  philstarRelated NewsApr 22nd, 2024

Marcos names ex-CA justice Sadang as new PCGG chief

In a Facebook post on Monday, the Presidential Communications Office said that President Ferdinand Marcos Jr. appointed former CA Associate Justice Melchor Quirino Sadang to the agency tasked to recover the Marcos family’s ill-gotten wealth......»»

Category: newsSource:  philstarRelated NewsApr 22nd, 2024

Sharon Cuneta reveals how she grew her money 5 to 10 times bigger 

“Megastar” Sharon Cuneta has been a performer most of her life, but much of her wealth did not come from show business......»»

Category: entertainmentSource:  philstarRelated NewsMar 20th, 2024

North Cotabato authorities vow to end risky ‘waswas’ drag race

COTABATO CITY (MindaNews / 28 February) – Following the horrific illegal drag racing accident at a national highway that killed the rider and an innocent passerby, the provincial government of North Cotabato vowed to end the dangerous motorcycle race, locally called “waswas” and often involving the youth. Former Board Member Shirlyn “Neneng”  Macasarte, who represented the […].....»»

Category: newsSource:  inquirerRelated NewsMar 2nd, 2024

DepEd’s gradual shift to old school calendar gets support

CEBU CITY, Philippines — The Department of Education (DepEd) recently announced the gradual shift to the old school calendar. The current school year, 2023-2024, will end on May 31, 2024. Meanwhile, the start of the school year 2024-2025 will be July 29, 2024 and will end on May 16, 2025, according to Department Order No......»»

Category: newsSource:  inquirerRelated NewsFeb 28th, 2024

“Ing Kamumulan, Libutad at Ing Kawakasan” (The Beginning, The Middle and The End)

“Ing Kamumulan, Libutad at Ing Kawakasan” (The Beginning, The Middle and The End).....»»

Category: newsSource:  sunstarRelated NewsFeb 16th, 2024

Trump predicts the end of U.S. democracy if he loses 2024 election

WASHINGTON (Reuters) – Donald Trump said on Saturday if he does not win November’s presidential election it will mean the likely end of American democracy. The Republican presidential candidate, speaking to supporters in Ohio, made the claim after repeating his baseless assertion that his 2020 election defeat to Democratic President Joe Biden was the result.....»»

Category: newsSource:  inquirerRelated NewsMar 17th, 2024

Time to revitalize the transformative power of democracy

“Is this the end of the beginning or the beginning of the end?” This mind-boggling question lingered in my mind when I departed Myanmar in December 2021......»»

Category: newsSource:  philstarRelated NewsMar 9th, 2024

End-January Philippine debt balloons to P14.79 trillion — Treasury

The Philippines' outstanding debt climbed to a record of P14.79 trillion as of the end of January 2024 due to the net issuance of domestic securities and the effect of peso depreciation, the Bureau of Treasury (BTr) said on Friday......»»

Category: newsSource:  philstarRelated NewsMar 1st, 2024

Government sees total victory vs Reds, end of NTF-ELCAC

The government expects to achieve “total victory” over communist rebels this year, which will mean the National Task Force to End Local Communist Armed Conflict will no longer be needed, the assistant director general of the National Security Council said yesterday......»»

Category: newsSource:  philstarRelated NewsFeb 6th, 2024

Pantabangan Dam may hit critical level by end-April

The water level in Pantabangan Dam in Nueva Ecija may reach critical level by the end of April, affecting irrigation supply, according to the Philippine Atmospheric, Geophysical and Astronomical Services Administration......»»

Category: newsSource:  philstarRelated NewsMar 25th, 2024

Parents worried over earlier end of classes this year, citing days of missed classes due to weather

DAVAO CITY (MindaNews / February 25) – Parents here are worried over the announcement of an earlier end of  classes this schoolyear – May 31 instead of June 14 – citing days of missed classes due to heavy rains brought about by the shear line and trough of a low pressure area. Bebang Miloy, 37,  […].....»»

Category: newsSource:  mindanewsRelated NewsFeb 27th, 2024

Strong El Niño to end this month – Pagasa

The strong El Niño is seen to end this month, but state meteorologists warned the public that its adverse effects may continue to be felt until May......»»

Category: newsSource:  philstarRelated NewsFeb 23rd, 2024