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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......»»
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......»»
HSBC bullish on Philippine economy
British banking giant HSBC is targeting to boost its financial services, onboard more affluent clients into its wealth management business and increase its lending capabilities in the country as it sees huge opportunities for the Philippines in the coming years......»»
HSBC bullish on Philippine economy
British banking giant HSBC is targeting to boost its financial services, onboard more affluent clients into its wealth management business and increase its lending capabilities in the country as it sees huge opportunities for the Philippines in the coming years......»»
HSBC bullish on Philippine economy
British banking giant HSBC is targeting to boost its financial services, onboard more affluent clients into its wealth management business and increase its lending capabilities in the country as it sees huge opportunities for the Philippines in the coming years......»»
DOF: GFIs can seek extended relief after Maharlika infusion
Government financial institutions Land Bank of the Philippines and Development Bank of the Philippines will likely seek an extension of its regulatory relief following contributions to the country’s sovereign wealth fund......»»
BPI unit targets to onboard more wealthy clients
The wealth management arm of Ayala-led Bank of the Philippine Islands (BPI) aims to onboard more clients with high to ultra-high net worth by the end of the year......»»
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......»»
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.....»»
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......»»
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......»»
MIC wants to join global network of SWF
State-run Maharlika Investment Corp. (MIC) is applying to be a member of the global network of sovereign wealth funds (SWF) in a bid to boost transparency and good governance......»»
Reflections after a prison visit
Given the constraints they face, political prisoners deserve our utmost respect for choosing defiance instead of compromise and collaboration with the class enemy. They provide a dignified example of how to live a life devoted to the cause of fighting with the oppressed. Their activism is demonized and criminalized by those who see no evil in the obscene hoarding of the nation’s wealth by the elite and the exploitation of the poor and powerless by those in power. The post Reflections after a prison visit appeared first on Bulatlat......»»
Japan steps up in its global role
In the early 70s, US Secretary of State Henry Kissinger mistakenly believed that as China grew in wealth on the back of the free trade system, the communist nation would abandon its Maoist principles and embrace western values......»»
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......»»
For Jasmine and Rayver, love is worth fighting for
Jasmine Curtis-Smith and Rayver Cruz collaborate for the first time in the now-airing GMA Prime series Asawa Ng Asawa Ko. Jasmine and Rayver are bringing with them their wealth of experience gained from being paired up with stars such as Alden Richards in The World Between Us and Kylie Padilla in Bolera, respectively......»»
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. The post Call to tax the very richest arises from their own ranks appeared first on Bulatlat......»»
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......»»
Oxfam report on income inequality
Every year, Oxfam International, a global NGO founded in 1942, prepares a briefing paper on the state of wealth inequality in the world......»»
The Future of Work: AI’s Double-Edged Sword for Global Economies
Artificial Intelligence (AI) holds promise in revolutionizing global productivity and economic growth. However, the flip side includes potential job displacement and a widening wealth gap. Without proper policies, nations may struggle to adapt to this emerging technology. The International Monetary Fund (IMF) indicates that nearly 40% of global jobs could be influenced by AI. In […].....»»