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News and Events

Bitcoin is 10 Years Old Today. Is it Time to Buy the Virtual Currency?

Here's how the first cryptocurrency has fared in the past decade

On October 31, 2008, an unknown author who went by the name of Satoshi Nakamoto published a short essay online with the title Bitcoin: A Peer-To-Peer Electronic Cash System.The nine-page, 12-part document opens with a summary of what was being proposed: “A ...

by Lorenzo Kyle Subido  | October 31, 2018 06:00:00
Run & Grow

The Burning Question: Is Cremation (Still) Really Cheaper Than Traditional Burial?

Our online survey of comparative costs of caring for the dead shows a mixed picture

In the past decade or so, news articles began noting the growing popularity of cremation over traditional burial in the Philippines as a way of interring the remains of the deceased. An indication of this trend can be found in the steady ...

by Elyssa Christine Lopez  | October 31, 2018 08:00:00
News and Events

Financial Adviser: 5 Things You Should Know About Dennis Uy's Acquisition of ISM Corp and How You Can Profit From It

How will the entry of Uy's group affect the long-term stock price appreciation of ISM?

ISM Communications Corp (PSE: ISM) has recently disclosed that business tycoon Dennis Uy is acquiring the company to backdoor list his holding company, Udenna Corporation in the stock exchange.A backdoor listing, which is also called a reverse takeover, happens when a private ...

by Henry Ong  | October 30, 2018 04:00:00
Startup Tips

(WATCH) Heart Evangelista Reveals Her Money-Saving Trick

Listen to her simple financial advice

In Heart Evangelista's latest vlog, the actress allowed a peek inside her everyday bag (an Hermès Birkin in bubblegum pink, no biggie). She revealed her daily essentials, which include her Samsung smartphone, Chloe sunnies, La Mer lip balm, Louis Vuitton makeup kit, Acqua ...

by Steph Sison for  | October 30, 2018 06:00:00
News and Events

Support? Resistance? Moving Averages? New Online Platform Aims to Teach Technical Analysis to Would-Be Stock Market Traders

Site launched by a group of young, self-taught traders who recently founded a company called ZFT Corp.

Ever wondered what stock market analysts mean when they talk about “support,” “resistance” or “break out” when being interviewed about the  prospects of the Philippine Stock Exchange composite index (Phisix) on TV?For many TV viewers, these analysts seem to be talking in ...

by Entrepreneur Staff  | October 29, 2018 03:00:00
Startup Tips

The 3 Smartest Money Moves You Can Make While You're Making Money

A surprisingly large number of people making good money really don't have much money

A friend once came to me for financial advice. He made pretty good money, had no real debt, no kids, no health problems, no mortgage. On paper, he should have been doing just fine.It was a different story in real life. He ...

by Levi King  | October 29, 2018 06:00:00
News and Events

Hate Grab's Price Surge? Now, There's Insurance Cover for That

Singapore's NTUC Income starts selling insurance plan against price surge when it rains in the city-state

Commuters everywhere love the convenience offered by ride-sharing platforms but hate it when prices surge in response to spikes in demand or slumps in supply due to factors ranging from road accidents, rush hours or even bad weather.In response, a Singaporean insurance ...

by Lorenzo Kyle Subido  | October 26, 2018 01:00:00
News and Events

Do You Use GrabPay for Your Rides? Soon, You Can Tap Mobile Wallet to Buy From Mastercard's 3M Global Merchants

Partnership allows Grab's mobile wallet users to acquire and use Mastercard Prepaid Card worldwide

Singapore-based transportation and technology company Grab has announced a partnership with global financial firm Mastercard that will allow GrabPay users to acquire Mastercard prepaid cards that can be used worldwide.In a press release published on October 25, Grab said that it will ...

by Lorenzo Kyle Subido  | October 25, 2018 04:00:00
News and Events

SMC Cuts Final Price for Food and Drinks Unit to Php85, Down 39% From Php140 Initial Target

Number of shares offered also halved to just 461 million from 887 million

Diversified conglomerate San Miguel Corp. has cut the final offering price for its shares in San Miguel Food and Beverage Inc. (SMFB) to Php85, the listed food and drinks company said in a disclosure to the Philippine Stock Exchange (PSE) on October ...

by Pauline Macaraeg  | October 25, 2018 04:00:00
News and Events

JG Summit-Backed Fintech Unit OKs Loans In 10 Minutes, Releases Proceeds in Half Hour

Will Cashalo become the McDonald's of lending?

According to the latest Financial Inclusion Survey by the Bangko Sentral ng Pilipinas (BSP), the proportion of Filipino adults with outstanding loans fell from 47.1 percent in 2015 to only 22.3 percent in 2017.However, the reason isn’t that fewer Filipinos needed to ...

by Lorenzo Kyle Subido  | October 24, 2018 08:00:00
News and Events

Would You Buy San Miguel Food and Beverage Shares After Target Price Lowered from Php140 to Php85-95?

The new target price is now within range of recent price movements

San Miguel Food and Beverage Inc. (SMFB) lowered the offering price of its planned share sale to Php85 to Php95 apiece from the original offer of up to Php140, the company stated in a disclosure to the Philippine Stock Exchange on October ...

by Pauline Macaraeg  | October 19, 2018 03:00:00
Startup Tips

Financial Adviser: 5 Things Everyone Needs to Know Before Betting for the Next Lotto Jackpot

How to enjoy the game of chance even though the odds are stacked against you

The recent Ultra Lotto jackpot, which has ballooned to Php1.2 billion to become the largest prize money in history, has attracted thousands of people to try out their luck.The media would report every draw date about the results and every time there ...

by Henry Ong  | October 16, 2018 10:00:00
News and Events

Two Winners Split Historic Lotto 6/58 Jackpot of Php1.18 Billion

The winners placed their bets in Albay and Eastern Samar, according to PCSO

Two bettors have been proclaimed winners of the Ultra Lotto 6/58 jackpot worth Php1.18 billion, according to the Philippine Charity Sweepstakes Office (PCSO).In a Facebook post last October 14, the PCSO announced that two winners were able to guess the winning six-number ...

by Lorenzo Kyle Subido  | October 15, 2018 10:00:00