HSBC launches yet another milestone in its 147-year history in the Philippines Photos by Kristine Dominique Barreiro BANKING LEADERS From left: HSBC Philippines president and CEO Sandeep Uppal and wealth vice chairman Peter Faulhaber HSBC Philippines recently hosted a dinner for clients to...
Presidential Commission on Good Government (PCGG) Chairman John Agbayani admitted to House members Wednesday morning, Aug. 24 that the agency won't be filing any new cases against the Marcos family on the issue of ill-gotten wealth. PCGG Chairman John Agbayani (Screenshot from Facebook live)...
Albay 2nd district Rep. Joey Salceda shared on Saturday, July 23 the best way to tax rich Filipinos. (Office of Albay 2nd district Rep. Joey Salceda) This, as the economist-solon bared in a statement that he favored the imposition of wealth taxes as a way to help government raise funds for public...
Insular Life (InLife) has introduced a customizable life insurance option with investment component that provides higher life insurance coverage and living benefits to policyholders. In response to customers’ changing financial needs, Gae L. Martinez, InLife chief marketing officer said the...
The Commission on Audit (COA), on Wednesday, June 8, flagged the Presidential Commission on Good Government (PCGG) for unreliable accounting in the agency’s “Abandoned/ Surrendered Property/Assets,” noting that it had left unreported over 100 items in its inventory which include artworks and...
Updating the country’s property valuation system is the correct way to impose a so-called “wealth tax” that local government units (LGUs) can impose on affluent individuals, the Department of Finance (DOF) said. Finance Secretary Carlos G. Dominguez III said on Monday, April 11, that LGUs can...
Presidential candidate Bongbong Marcos on Wednesday, March 16 claimed that there are a lot of "fake news" when it comes to the issue of his family's alleged ill-gotten wealth. Presidential candidate Bongbong Marcos (Lakas-CMD Media) “There’s a lot of fake news involved there, let’s leave it...
Finance Secretary Carlos G. Dominguez III has suggested that the government should consider increasing taxes on real-estate properties instead of imposing the wealth tax. “I’m against wealth tax,” Dominguez said at a virtual forum by Financial Executives Institute of the Philippines (FINEX)...
The ultra-wealthy families in the Philippines won't struggle with paying a wealth tax, Partido Lakas ng Masa (PLM) presidential candidate Leodegario “Ka Leody” de Guzman said. Presidential Candidate Leodegario "Ka Leody" De Guzman (Photo from Ka Leody De Guzman FB/ MANILA BULLETIN) “Hindi...
Vice President and opposition leader Leni Robredo will not take revenge on anyone if and when she’s elected as the country’s next president in the upcoming May 9 polls. Instead, Robredo said that she would be a "unifying" leader. She noted that she's already taking steps to achieve that goal....
Presidential aspirant Leody "Ka Leody" de Guzman will impose hefty tax on the country's wealthiest individuals if elected in the position in a bid to resolve inequality and help the people. During Kapisanan ng Broadkaster ng Pilipinas' presidential forum on Friday, de Guzman said he will impose...
Aspiring president Ferdinand "Bongbong" Marcos Jr. said Tuesday, Jan. 25 he will let the rule of law prevail in the ill-gotten wealth cases that were filed against the Marcos family and alleged cronies of his father, the late President Ferdinand E. Marcos. During DZRH's Presidential Job interview...
