• Expats Guide: What Is 13th Month Pay in the Philippines?

    If you own a company in the Philippines or plan to start one, it is important to be aware of the country’s law about holiday pay and the 13th Month Pay. What is the 13th Month Pay?   What Is Thirteenth Month Pay In most companies, employers pay their...
  • Local Loans for Expats in the Philippines

    Local Loans for Expats in the Philippines

    If you’re a foreigner with pressing financial needs, there are various ways of getting local loans for expats in the Philippines. The process may not always be easy but possible if you have the necessary papers. No need for loan sharks charging exorbitant interests. There are legit lending establishments...
  • Investment bankers still bullish on Philippines growth amid challenges

    Investment bankers still bullish on Philippines growth amid challenges

    CLARK FREEPORT ZONE, Philippines — Foreign investors are still bullish about the strong growth prospects of the Philippines amid concerns about rising inflation as well as the weakening peso, officials of London-based investment bank Barclays and SMBC Nikko Securities of Japan said. “Expectations did not fundamentally change. We have...
  • Stocks dive further into bear territory

    Stocks dive further into bear territory

    MANILA, Philippines — The bloodbath in the market has not abated as another round of foreign outflows plunged the market deeper into bear territory. The benchmark Philippine Stock Exchange index (PSEi)plunged by another 86.50 points, or 1.19 percent, to end at 7,134.73 while the broader All Shares likewise dipped...
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