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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......»»
Smart money moves to make in 2024
The new year is a time to start over, with the hopes of bringing prosperity, success, and more wealth in the coming months......»»
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 […].....»»
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......»»
DFA probes ‘illegal’ activities by diplomats
“The Department of Foreign Affairs will look into any reports of illegal and unlawful activities by diplomatic officials, and undertake necessary action in line with existing laws and regulations,” the DFA said. .....»»
House moves to repeal 64-year-old midwifery law
The House of Representatives approved on second reading late last week a new measure that will give more life to the midwifery industry in the country, by way of repealing two old laws, one of which took effect 64 years ago......»»
Gwen stops spring resort in Carmen due to environmental violations
CEBU CITY, Philippines – Cebu Governor Gwen Garcia has ordered a spring resort in Carmen, a northern town of Cebu, to stop its operations due to breaking environmental laws. In Executive Order No. 8, issued on May 3, 2024, the governor’s office mentioned several environmental violations at the Durano Eco Farm and Spring Resort in.....»»
SEC Orders Removal of Binance from Apple, Google App Stores
The Philippines’ Securities and Exchange Commission (SEC) ordered Apple and Google to remove Binance’s app from their app stores, citing concerns about investor protection and Binance’s alleged violation of Philippine securities laws. The SEC said in a news release that Binance was operating as an unregistered broker selling or offering unregistered securities, posing a threat […].....»»
EDITORIAL - Still, red tape
The country has a law against red tape, which was later enhanced by another law to promote ease of doing business. There is an Anti-Red Tape Authority. And yet something always gets lost in the implementation of even the most well-intentioned laws in this country......»»