The fund management firm of the Manufacturers Life Insurance Co. (Philippines) unveiled a unit investment trust fund (UITF) that seeks to preserve capital and generate income by investing in fixed income securities and deposits. In a statement, Manulife Investment Management Philippines (Manulife...
SPEAKING OUT Ignacio R. Bunye In a previous post, I cited the sad cases of sports heroes of yesteryears, who earned huge fortunes but eventually ended up poor because they failed to manage their resources well. A prime example was the late great Joe Louis who had to fight past retirement age just...
For more than six decades, one of the country’s leading pawnshops, Villarica has continuously served the Filipino public with a host of services that have evolved with the changing, and digital, times as well as the needs of the Filipinos. Boasting of having one of the highest, if not the highest...
The Anti-Money Laundering Council may have hinted Thursday, Sept. 23 that it has started the “first stage” in determining possible money laundering activities involving Pharmally Pharmaceuticals. House of Representatives plenary This after Quirino Rep. Junie Cua, vice chairman of the House...
The Anti-Money Laundering Council (AMLC) should now act to freeze the assets of Pharmally Pharmaceutical Corp.’s executives following revelations in the ongoing Senate investigation into the P11.5-billion worth of questionable contracts with the Duterte government, Senator Leila de Lima said....
President Duterte has come up with a counter of sorts to the Senate’s continued investigation of government agencies for allegations of corruption--holding his "Talk to the People" public briefings twice a week. President Duterte speaks during the pre-recorded “Talk to the People” press...
The House of Representatives has approved on third and final reading a bill that would further plug loopholes in the current Anti-Money Laundering Law by penalizing smuggling of foreign currency and other monetary instruments in bulk. Dollar Smuggling With 197 affirmative and zero negative votes,...
Patrick Cabral, Mansy Abesamis, John Ed De Vera, and Sarjit Singh create stunning paper artwork for the #LaCasaDePapelChallenge Saying that "Money Heist" is a global phenomenon is an understatement. The show has become a symbol for rebellion and a muse for many artists worldwide. With it being...
The Securities and Exchange Commission is warning the public not to invest in the schemes being offered by Money Game Hub or MGH Trading OPC as they do not have the necessary license to solicit investments. “Those who act as salesmen, brokers, dealers or agents of MONEY GAME HUB / MGH TRADING OPC...
The Bureau of Internal Revenue (BIR) has urged relatives of the deceased to avail of estate tax amnesty so that the government can raise more funds to address the problem of the coronavirus disease (COVID-19) pandemic. A beneficiary of social amelioration during the ongoing enhanced community...
Another war starts on Sept. 3 on Netflix's 'Money Heist' Netflix just revealed a trailer for Volume 1 of ' La Casa de Papel ' Part 5! Here’s what we know about your next binge so far. Part 5 of the multi-awarded and globally recognized series will be launched in two instalments—Volume 1 on...
The central bank said it has registered $334.51 million of foreign portfolio net inflows in June, reversing the $235.14 million net outflows same time in 2020, as foreign investors continue to show confidence in the recovering economy although at slower pace than anticipated. The June net inflows,...
