• Economy

    Dedication & Hard Work Can Restore Confidence in Nursing Facilities

    When anyone begins to make the difficult decision process that involves placing a loved one in a nursing facility, word of mouth and reputation of a facility goes a long way in making the decision. When facilities make the news reports for violations and other issues, often the reputation of the facility is damaged. However, often the reputation is unfair, because the reports never seem to revisit the topic with how great the turnaround in any location is. When investors like Yosef Meystel hear about issues with nursing homes and care facilities, they use dedication and hard work to restore confidence in the property. Hard Work Whether it is caring…

  • Economy,  News & Current Events

    Business and Investment Forecast for 2015

    While the first quarter of the year is almost over, many of you might still wondering what will possibly happen in business and investment sectors in the Philippines. Read on to learn the forecast of young Feng Shui expert Master Hanz Chua. Lucky Business for 2015 The Year of the Wood Sheep is a year that you should invest on businesses that are connected to the Element of Wood. Wood industry covers the following: Furniture, Paper, Rubber, Tree Plantation, Carton, Flower Shop, Magazines, and Newspaper. Wood is the Wealth Element Green is the colour of auspiciousness; it enhances the wealth luck for the year 2015. The Year of the Wood…

  • Economy,  News & Current Events

    SSS Contribution Rate Increase

    It was already announced before the possibility of increasing the monthly premium of Social Security System (SSS) members. And in January 2014, it will take effect. Hopefully will not be a burden, especially for ordinary Filipinos. Many would say, the higher the contribution is, the higher retirement benefits you could get. If the members would only receive the right benefits from SSS and there will be no issues of corruption like unreasonable bonuses and perks of its officials, then this would be a very welcome development. SSS have emailed its members of the upcoming new rates of contributions. Dear Self-Employed, Voluntary and OFW Members: Effective January 2014, the Social Security…

  • Economy,  News & Current Events

    Philippine Economy On The Rise

    On the last quarter of 2012, the Philippine economy grew by 7.1% and garnered the highest growth rate among other Southeast Asian nations. This growth can be credited to increases in government spending, household consumption, investments by local and foreign firms. From the projected growth of 5 percent on October last year, the World Bank has raised its growth forecasts for the Philippines to 6.2 percent this year making the Philippines one of the fastest growing economies in the region. Moody’s, Standard & Poor’s (S&P), and Fitch Group have all placed the Philippines a few points shy of investment grade. The country’s credit rating is expected to be given an…

  • Economy,  News & Current Events

    Philippine National Holidays for 2013

    The Philippine government has released an infographic of national holidays and special non-working days to enable Filipinos to plan their vacations as early as now. The image was posted on the government’s official Twitter account and summarizes all the holidays under Proclamation No. 459 which was released on September 1 last year. The last few days of the year would be a perfect time to take your family on a vacation as December 28 and 29 fall on a weekend and are followed by two regular holidays, December 30 and January 1, with December 31 being declared as a special non-working day. Those who are planning on taking their families…

  • Economy,  News & Current Events

    Beware Of Fake Seasoning Products

    Criminal Investigation and Detection Group (CIDG) operatives have seized P3.5-million worth of fake Knorr Sinigang Mix and Maggie products in three separate raids in Tondo, Manila, Caloocan and Quezon City. CIDG Director, Police Chief Superintendent Samuel D Pagdilao Jr. said operating elements from the Anti-Fraud and Commercial Crime Division (AFCCD) under Police Superintendent Benjamim C Acorda Jr. have confiscated 324,933 pieces of fake Maggie Magic Sarap products of Nestle Philippines and 181,459 pieces of Knorr Sinigang Mix products of Uniliver Philippines with estimated value amounting to 3,585,310.00. Acorda said that armed with search warrants, the CIDG, along with representatives from Nestle and Uniliver, raided a warehouse in Tondo Manila, Balintawak…

  • Economy,  News & Current Events

    The High Cost of Electricity Bills Are Within The Control of Consumers? Seriously?

    The Department of Energy (DOE) is now telling the public consumers that it is within their control how much their electricity bills would cost. Helen B. Arias, DOE-Consumer Protection and Welfare Office chief, said that housekeeping measures, which do not need any investment usually cut your bills by 10 percent. “When you make investments in energy efficiency such as switching to more efficient lighting and appliances then you can reduce your bill by as much as 20 to 30 percent,” she added. Basically, Arias pointed out that refrigerators should be defrosted regularly and check its door if need gasket replacement or adjusting. Another common electricity drain at home is putting…

  • Economy,  News & Current Events

    Filipinos’ High Hope On 2011

    About 93% of Filipinos are hopeful of the coming New Year, said Social Weather Stations (SWS). Whew, that’s big. The figure is a little higher from 2009’s 89% and just two points off the 95% peak hit in December 2002. Seven percent of the respondents feared the coming year, but it’s down from 11% in 2009. SWS also noted that the lowest point of 81% was recorded in 2004 after which hopefulness rebounded to 85% the following year, stayed flat at 91-92% for the next three years and then fell to 89% last year. The question about people’s hope on New Year’s was originated in Germany. But the optimism among…