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The latest and the best financial news, tips and tricks.

Condo vs House: Which Is a Better Buy?

“A condo or house? Which property should I buy?” Welcome to the world of adulting—where making life choices involves something more crucial than your milk tea order. This time, you’re making a serious buying decision between a condo vs house. So that you won’t regret your purchase several years down the line, carefully consider the pros and cons of each option. Look beyond the price tag, as many factors will affect your home purchase. Table of ContentsPros and Cons of Buying a Condo in the PhilippinesAdvantages of Buying a CondominiumDisadvantages of Buying a CondominiumPros and Cons of Buying a House in the PhilippinesAdvantages of Buying a House and LotDisadvantages of Buying a House and LotCondo vs House: 3 Factors to Consider When Choosing a Property1. Your Budget2. Location3. Your Lifestyle and StatusWho should buy a condo:Who should buy a house:Final Thoughts: Should I Buy a House or Condo? Pros and Cons of Buying a Condo in the Philippines Advantages of Buying a Condominium 1. More Affordable Than a House and Lot Condominiums are generally less expensive than houses and lots in the same area, particularly in prime locations. The exceptions, of course, are upscale condos in business districts like BGC and Rockwell. For houses in Metro Manila, the median list price is PHP 14.5 million, which is more than double the median list price of condos in the metro (PHP 5.9 million)[1]. Houses cost higher than condos because they occupy larger spaces. If you take a closer look at prices per square meter (sqm), these are lower for houses than…

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How Safe Is it to Ride with Grab in the New Normal?

  The government has eased its quarantine restrictions in some parts of the country after two months. You can now travel without a quarantine pass, provided you wear a face mask and maintain social distancing. However, only a handful of transportation operators can go back back on the road. One of them is Grab Philippines. The ride-hailing service resumed its operation last June when select parts of the country, including Metro Manila, were put under General Community Quarantine. Apart from existing Grab safety measures, Grab launched guidelines to ensure the safety of both passengers and drivers during the new normal. Here are the safety measures Grab Philippines has in place for the riding public. Table of ContentsGrab Do’s and Don’ts for PassengersDON’Ts Grab Safety Features for PassengersGrab Personal Accident InsuranceWhat Does Grab Insurance Cover?Grab Safety Measures Under the New NormalGrabProtect for DriverFinal Thoughts Grab Do’s and Don’ts for Passengers To ensure that your GrabCar ride is pleasant for both you and your GrabCar driver, Grab Philippines issued some basic ground rules: DOs Choose the right GrabCar ride that caters to your need Be polite and respectful when communicating with your driver at all times Be punctual and only book your GrabCar ride when you’re ready to go Obey traffic rules and regulations Confirm your GrabCar driver’s identity and only get into the vehicle if the driver’s details match your booking details Put your seatbelt on DON’Ts You cannot bring dangerous weapons that can be used against your driver Don’t share your Grab account or use multiple accounts Lastly, don’t ditch…

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Which Banks Offer the Best Car Loan Deals in the Philippines?

Shopping for the best car loan deals in the Philippines? There’s no single bank or auto loan that’s best for everybody. Auto loan providers in the Philippines offer different features and promos that cater to the needs and preferences of different car buyers. You have to consider the type of car you’re going to buy, your budget, and your qualifications. This is why researching and comparing auto loans matter a lot before you apply for a car loan. One of the most important things to know in which banks have deals that appeal to you. Table of ContentsWhich Bank is Best for Car Loan in the Philippines?AUBBank of CommerceBDOBPIEastWest BankMetrobankPSBankRCBCSecurity BankUCPBUnionBankFinal Thoughts Which Bank is Best for Car Loan in the Philippines? Here’s a quick overview of what auto loan providers offer to vehicle buyers in the Philippines. Information are updated and accurate as of July 2020. AUB Key Car Loan Features in AUB Loan amount: Minimum of PHP 200,000[1]  Interest rate: Contact the nearest AUB branch for the best car loan offer Repayment terms: Up to 60 months Bank of Commerce Key Car Loan Features in Bank of Commerce Vehicle type: Brand-new cars only[2]  Loan amount: Minimum of PHP 100,000 Down payment: 20% to 45% Interest rate: 7.24% to 27.54% Repayment terms: 12 to 60 months BDO Key Car Loan Features in BDO Vehicle type: Brand-new and second-hand cars for personal or business use Maximum car age: Up to six years old upon loan maturity Minimum monthly household income: PHP 50,000 Loan amount: Minimum of PHP 100,000 up to 80% of the…

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25 Small Business Ideas You Can Start With Low Capital

Because of social media and the changing interests of consumers, demand for products and services continues to grow. Filipinos are more open to new brands and establishments, allowing the business industry to flourish more quickly. You can be your own boss and grow your finances by starting your own venture. Here are 25 small business ideas you can set up even with low capital. Table of ContentsSmall Business Ideas with Small Capital in the Philippines1. Beauty Products Reselling Business2. Bicycle Shop Business3. Bills Payment Business4. Cake and Pastry Business5. Car Wash6. Cellphone Loading Business7. Delivery/Courier Services Business8. Food Cart Franchise9. Graphic Design and Video Editing Business10. Hair and Grooming Home Services11. Home-Cooked Meals 12. Homemade Beverage or Palamig Business13. Home Cleaning and Repair Services14. Laundry Shop Business15. Local Grocery Store Business16. Meal Plan and Delivery17. Online Fashion Boutique18. Online Tutoring Business19. Personal Shopping Services 20. Pest Control Services 21. Piso Wi-Fi Vending Machine22. T-Shirt Printing Business23. Vlogging24. Water Refilling Station25. Web Design BusinessFinal Thoughts Small Business Ideas with Small Capital in the Philippines 1. Beauty Products Reselling Business Start-up cost: PHP 5,000 to PHP 20,000 Items to invest in: Beauty products for reselling, smart phone The country’s beauty industry is worth a whooping PHP 152 billion and is expected to reach PHP 213 billion by 2023[1]. If you’re a beauty enthusiast but don’t have a huge capital to start your own brand, you can resell beauty products instead. With a budget of PHP 5,000, you can start reselling products from more popular brands like Skin Magical, Human Heart Nature, Avon,…

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Everything You Need to Know About Non-Life Insurance in the Philippines

We face uncertainties every day. Sometimes, they even set us back financially. An unexpected hospital bill, property loss, or car accident can soil your savings and ruin plans you already have. An insurance policy, such as non-life insurance, can help minimize the financial damages these mishaps can do. Non-life insurance protects you and your valuables from damages and losses. It can also cover you from legal liabilities. Keep on reading to know more about this type of insurance, its benefits, and which insurance companies in the Philippines offer non-life insurance policies. Table of ContentsWhat is Non-Life Insurance?Life Insurance vs Non-Life InsuranceTypes of Non-Life Insurance Productsa. Auto insuranceb. Aviation insurancec. Business insuranced. Engineering insurancee. Health insurancef. Home insuranceg. Marine insuranceh. Travel insuranceBenefits of Non-Life InsuranceHow to Choose a Non-Life Insurance That Suits YouTop 10 Non-Life Insurance Companies in the Philippines1. AIG2. Alpha Insurance and Surety Company3. Charter Ping An4. Commonwealth Insurance Company5. Malayan Insurance Company6. Paramount Life and General Insurance7. Pioneer Insurance Safety Corporation8. Prudential Guarantee9. Standard Insurance10. Stronghold InsuranceFinal Thoughts What is Non-Life Insurance? Non-life insurance is a type of insurance covering people, property, or legal liability[1]. Also known as general insurance, it is a policy that can provide you with compensation for losses caused by certain financial events. Your insurance company will pay to cover some or all of your losses based on your coverage. The coverage period for this type of policy is usually one year, with the premiums paid on a one-time basis. How much you have to pay for non-life insurance depends on your policy coverage…

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HSBC Credit Card Application: A Guide for First Timers

HSBC is one of the largest banks in the world and one of the leading credit card providers in the Philippines. They issue five types of credit cards that cater to different lifestyles and needs. All HSBC credit cards come with an attractive reward program, a 0% installment plan, fuel rebates, and other exclusive deals. Already got a card in mind? Here are the four steps to keep in mind for your HSBC credit card application. Table of ContentsHSBC Credit Card Application Steps1. Check if You’re Qualified for an HSBC Credit Card2. Get All Your Supporting Documents Ready3. Decide Which HSBC Credit Card to Apply For4. File Your HSBC Credit Card ApplicationFinal Thoughts HSBC Credit Card Application Steps 1. Check if You’re Qualified for an HSBC Credit Card Make sure that you’re eligible to apply for an HSBC credit card—this is the first and most important step in the entire application process. You can apply for one of HSBC credit cards if you meet all these requirements: Between 18 and 70 years old A gross annual income of at least P200,000 (for Red Mastercard and Gold Visa Cash Back) or P500,000 (for Platinum Visa) An HSBC Advance[1] bank account (for HSBC Advance Visa) or an HSBC Premier[2] bank account (for HSBC Premier Mastercard) Primary cardholder of a credit card that’s issued by a bank in the Philippines and in good standing for at least 12 months (for Red Mastercard, Gold Visa Cash Back, and Platinum Visa) 2. Get All Your Supporting Documents Ready HSBC will process your credit card application only…

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How to Use the LTO Online Portal: A Guide for Motorists in the Philippines

Need to file your driver’s license or car registration application or renewal? Why spend several hours at the LTO office (while exposing yourself to the risk of getting COVID-19) when you can just transact online? The Land Transportation Office (LTO) has recently launched an online portal for processing different transactions like license applications and renewal. This new LTO online system is part of the government agency’s transition to the new normal—which means people can transact at home over the internet and minimize physical contact at an LTO branch. To avoid running into problems while using the LTO online portal, familiarize yourself with the new system. Here’s everything you need to know about the agency’s online services. Table of ContentsWhat is LTO Online Portal?LTO Online Services Available through the LTMS PortalAdvantages of Using the LTMS Portal1. Faster LTO Transactions2. Safer Way to Process Your LTO Documents3. Increase Your Chance of Passing the Theoretical ExamAre LTO Online Services Available to All?LTO Offices That Process Online TransactionsLTO Online RegistrationLTO Online Driver’s License Application and RenewalHow to apply for a new driver’s license or renew your license via LTO onlineFinal Thoughts What is LTO Online Portal? The LTO online portal[1], officially called the Land Transportation Management System (LTMS), is a new web-based system that automates different transactions for motorists in the Philippines, including overseas Filipinos. LTO Online Services Available through the LTMS Portal These are the services currently available in the LTO web portal. Services may change over time. Application and renewal for all types of licenses (Note: LTO online application for student permit…

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How Mortgage Brokers Can Help You Secure a Home Loan

The first few steps to buying your dream home can be the most difficult. With so much information you have to know and documents that need preparing, the process can definitely stress you out. You may even fall into traps that might hurt you and your pocket in the long run. Finding the best home loan that fits your needs and budget can also be frustrating, especially when there are many mortgage products in the market. You may spend hours browsing through mortgage deals, memorizing financial jargon, and still end up with nothing. However, there are professionals out there, such as mortgage brokers, that can make obtaining your dream home a little bit easier. Table of ContentsWhat is a Mortgage Broker?The Benefits of Working with a Mortgage BrokerThey help you assess your financial healthBrokers offer invaluable expertiseThey can help you pre-qualify for a home loanThey can assist you in preparing your mortgage applicationMortgage brokers help you find the best home loans for your needsYou don’t have to submit multiple applicationsWorking with a mortgage broker can help you minimize feesMortgage brokers make home applications more convenientMortgage brokers are on your sideTheir services are usually freeFinal Thoughts What is a Mortgage Broker? A mortgage broker is a professional who gives financial advice to individuals wanting to purchase a home. He or she can guide you through all the complexities of a mortgage application. A mortgage broker can help you prepare the paperwork and documentation needed for your home loan application. As a middleman, a broker also connects borrowers to lenders, taking care…

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Here’s How You Can Take TESDA Online Courses For Free

Nowadays, the job market requires seekers to have more than a college degree. You need to bring something different to the table to have a shot at a coveted role. Thanks to technological advancements, you can now acquire additional skills online, helping you have a competitive edge. However, these online courses typically don’t come cheap. You don’t have to worry though! The Technical Education and Skills Development Authority’s (TESDA) online program lets Filipinos take online courses for free. Keep on reading to learn how to enroll in any of TESDA free online courses and what classes are available. Table of ContentsWhat is TESDA?TESDA Online ProgramBenefits Of Taking TESDA Free Online Courses How to Enroll in TESDA Free Online CoursesTESDA Online Courses RegistrationEnrolling to a TESDA Online ProgramList of TESDA Free Online Courses1. 21 Century Skills2. Appreciation Course on Flexible Learning3. Automative4. Electrical and Electronics5. Entrepreneurship6. Human Health / Health Care7. Heating, Ventilation, and Air Condition8. Information and Communications Technology9. Lifelong Learning Skills10. Maritime11. Performing Solid Waste Management in the Workplace12. Process Food and Beverages13. Social, Community Development, and Others14. Tourism15. TVETGetting Your TESDA CertificateFinal Thoughts What is TESDA? Established in 1994, TESDA is a government agency that manages and supervises technical education skills development in the Philippines. The agency’s goal is to develop the Filipino workforce with world-class competence and positive work values. TESDA also aims to provide quality technical-educational and skills development through its policies and programs. TESDA currently offers various programs and services to Filipinos who want to gain new skill sets. Some of these programs are the following: Technical-Vocational Education…

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5 Ways to Pay for Your Etiqa Car Insurance – All Online!

Did you know that you can get your car insurance purchase done in just one sitting? Etiqa Philippines offers a fully online process for car insurance policy applications. No need to leave your home because you can complete every step—from getting a quote to paying for your premium—all in one place through the Etiqa website. Also, you can choose from an array of convenient online payment methods, with a 0% interest installment option using a Maybank or BDO credit card. Buy your car insurance online in the comfort and safety of your home. Here’s a simple guide to help you get your Etiqa car insurance policy fast. Table of ContentsHow to Get an Etiqa Car Insurance Policy Online5 Etiqa Car Insurance Online Payment Options1. Credit Card Installment at 0% Interest2. Credit Card or Debit Card3. BancNet ATM Card4. GCash5. Online Fund TransferOnline Banking Payment OptionsAccount NumberFinal Thoughts How to Get an Etiqa Car Insurance Policy Online Access the Etiqa Auto Insurance page on the Etiqa Philippines website. Click the Apply Now button. Get your Etiqa car insurance quote based on your vehicle’s brand, model, and make. If your model is not among the options, send an email request for quotation (with your full vehicle information and contact details) to generalinsurance@etiqa.com.ph. Select your vehicle’s value and coverage limits. Indicate whether you will add an Acts of God coverage to your policy. Choose your preferred payment type. If you plan to pay via credit card installment, you should also pick a payment term (the number of monthly installments you can afford to…

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Affordameals Under P150: Cheap Food Delivery Options in the Metro

If there’s one good thing the new normal has brought us, it’s the normalization of food delivery services. Sure, the general community quarantine guidelines introduced more lax dine-in protocols, but nothing beats the convenience of having your food delivered at your doorsteps. But you don’t want to break on deliveries now, do you? That’s why you should check out these cheap food delivery options under P150. Table of ContentsCheap Food Delivery Options in Metro Manila Under P150Ate Rica’s BacsilogBinalotFariñas Ilocos EmpanadaGiligan’s RestaurantGo BentoGoodAh!!!King SisigSinangag ExpressFinal Thoughts Cheap Food Delivery Options in Metro Manila Under P150 Ate Rica’s Bacsilog Where to Order: GrabFood, Foodpanda The Ate Rica’s Bacsilog craze that started as a humble food cart at De La Salle University[1] has become a national phenomenon. How can it not be when it’s packed with flavor for under PHP 100? If you’re looking for a quick bite before work, then check out Ate Rica’s roster of cheap meals. Cheap Food Delivery Options from Ate Rica’s Meal Price Bacsilog (Bacon + Sinaing + Itlog) P84 Tapsilog (Tapa + Sinaing + Itlog) P84 Footsilog (Footlong + Sinaing + Itlog) P84 Tocilog (Tocino + Sinaing + Itlog) P84 Hotsilog (Hotdog + Sinaing +Itlog) P84 Nuggetsilog (Nuggets + Sinaing + Itlog) P84 Cornsilog (Corned Beef + Sinaing + Itlog) P84 Tunasilog (Tuna + Sinaing + Itlog) P84 Bacon Omelette P104 Tapa Omelette P104 Footlong Omelette P104 Tocino Omelette P104 Hotdog Omelette P104 Nuggets Omelette P104 Corned Beef Omelette P104 Tuna Omelette P104 Combo Meal (Two Toppings) P118  Read more: Food Delivery Apps in the Philippines Binalot…

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When Is the Best Time to Buy Stocks? A Cheat Sheet for Beginners

More Filipinos are trying their hands in trading, with stock market accounts increasing by 61% in 2018[1]. While stocks aren’t guaranteed, it gives investors the chance to grow their money at a rate that other investments cannot. However, trading is not a walk in the park as market volatility can intimidate both newbie and seasoned traders. If you’re not careful, you may experience losses even before you make your first buck. Before entering the market, you need to learn the basic principles and keep practicing and investing. You should also know when to buy stocks which can help produce a profitable result. Table of ContentsWhen is the best time to buy stocks?Best time of day to buy stocks: During opening hourBest day to buy stocks: Monday Best months to buy stocks: January, August, September, and DecemberOther periods when buying stocks make senseFactors to consider when buying stocksFinal Thoughts When is the best time to buy stocks? The answer is when stocks reach low points. It is where the market timing comes into play. Past performance doesn’t guarantee future performance. However, always remember the cycle. Past performance may be an indicator of future performance. Best time of day to buy stocks: During opening hour The opening hours represent the window in which the market factors in all the events and news releases since the previous closing bell, which contributes to price volatility[2]. For an expert trader, the first 15 minutes of the day is prime time. It can offer some of the best trades of the day based on initial trends….

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Credit Card Promos for Online Shopping and Dining in 2020

Make the most of your credit card use this year, especially for your essentials and online shopping! Here’s a roundup of credit card promos in 2020 that offer discounts, rebates, freebies, and other rewarding perks for cardholders in the Philippines. Table of ContentsWelcome Gifts for New Credit Cardholders in 2020Citibank No Annual Fee Forever and Other PerksP2,500 Cash RebateCredit Card Promos 2020 for Online Shopping10% Off on Your Lazada Purchase Every FridayP500 Off Your Gadget Purchase at Poundit.com10% Rebate at MyKuya10% Off at Pet WarehouseUp to 4x Rewards Points on Your Essentials Spend4% Cashback on All Online and In-Store PurchasesUp to 18% Off at ZALORA20% Off at 123baby10% Off at CalyxtaCredit Card Promos 2020 for Dining2 Yellow Cab Pizzas for Only P44910% Off at Tokyo Bubble Tea and GringoFinal Thoughts Welcome Gifts for New Credit Cardholders in 2020 Citibank No Annual Fee Forever and Other Perks Eligible card: All Citibank credit cards (except for Citi Grab Card and Simplicity+ Mastercard) Promo period: Until July 31, 2020 Citibank has upped its welcome rewards for new cardholders this 2020. Depending on the Citi credit card you apply for within the promo period (and eventually get approved for), you may receive free rewards points, air miles, eGifts, or rebates. Or you can save money with the No Annual Fee Forever promo for Citi Rewards new cardholders. New Citi cardholders get rewarded with the following freebies when they meet the minimum spend requirement of PHP 20,000 or PHP 40,000 (depending on the card) within 60 days from the card receipt date: Prestige – 120,000 rewards points…

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PhilGEPS for Businesses: What Is it and How Do I Register?

An efficient way to broaden your business opportunities is by tapping government agencies as a potential clientele. These agencies hold many of the biggest project bids for goods and services in the country. Transacting with the government may require you to undergo various procedures and submit a lot of documents, but it can help grow your business in the long run. This is where PhilGEPS or the Philippine Government Electronic Procurement System[1] comes in. In this article, you will learn how government transactions can benefit your business and how you can bid on government contracts using PhilGEPS. Table of ContentsBenefits of Business to Government TransactionsWhat is PhilGEPS?PhilGEPS FeaturesPhilGEPS RegistrationPhilGEPS Membership Options1. Free2. PlatinumFinal Thoughts Benefits of Business to Government Transactions Business to Government transactions or B2G are transactions made between an enterprise and the government. B2G is the sale and marketing of goods and services to local, regional, and national agencies. It can be as simple as a small business providing catering services to a local government or a business as huge as a tech company providing cyber security to the national government. Below are the benefits of B2G: Creates a stable cash flow. B2G transactions may create a stable cash flow for you and your small business as most government contracts are long term. Additionally, they may lead to new clients and referrals, providing you more sources of income. Improves your network. Working with the government can open new doors for your business. It can help you build a relationship with other government entities and new clients. Strengthens your…

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Moneymax Reviews: Keeping it Simple with a Citi Simplicity Card

You’ll never forget your first credit card. It’s the first taste of financial freedom, after all. No need to pay cash whenever you’re out. Just swipe away and boom, your needs are met. That’s why it’s important to keep the search for your first credit card hassle-free. You can’t just take whatever’s nearest. Sometimes, things just need to be simple. Enter Citi Simplicity Card. Your friends and colleagues have probably recommended this card to you countless times. Because whether it’s your first time applying for one or you just need an extra card that’s easy to acquire, this little card that will not disappoint. Need more proof? Check out this Citi Simplicity Card review. Table of ContentsCiti Simplicity Card Terms and ConditionsCiti Simplicity Card FeaturesWhy Should I Apply for a Citi Simplicity Card?What Perks Can I Enjoy with My Citi Simplicity Card?Citi Simplicity Card AlternativesFinal Thoughts Citi Simplicity Card Terms and Conditions Getting to know your credit card is one important step in choosing one, and this includes studying its terms and conditions. Check out Citi Simplicity Card’s key features below. Citi Simplicity Card Features Annual fee: No annual fees for life! Interest rate: 3.50% Minimum monthly income requirement: PHP 15,000 (for existing credit cardholders) PHP 20,833.33 (for new cardholders) Cash advance fee: PHP 500 per withdrawal or 3% of amount Monthly minimum due: PHP 500 or 1% of amount due Late payment fee: None Overlimit fee: None Foreigh transaction fee: 3.525% of amount Card replacement fee: PHP 400 Read more: 8 Credit Cards with Easy Application Requirements Why Should…

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6 Ways Frugality Can Backfire On You

Being frugal is a good trait to have. But you know how things belong in a spectrum and focusing on either extremes isn’t a good idea? This also applies to frugality. If the other end of the spectrum is extravagance, frugality is equally destructive at the opposite end. But you might think that’s absurd. “You’re literally saving money by being frugal! How’s that going to affect me negatively?” Well, curious reader, here are some ways extreme frugality can sometimes cost you more than just money. Table of ContentsChoosing Cheap Over QualityRelying Too Much on CouponsTraveling Cheap vs. ComfortableSelling Your CarIgnoring Car InsuranceOverspending on Online SalesFinal Thoughts Choosing Cheap Over Quality How many times have you chosen to buy something cheap over something of quality? Whether it’s on groceries, clothes, gadgets, or appliances, quality is often overlooked in favor of a low price tag. And since these items are cheap, they break after only a few days. And then you buy a cheap replacement, and then it breaks again, and the cycle continues. Wouldn’t that hurt your wallet more? Why not buy a quality product once and never worry about buying a replacement anytime soon? Now that’s a better money-saving move. Read more: 25 Online Grocery Stores with Delivery Services Relying Too Much on Coupons Ever used a coupon before? Usually, fast food chains offer coupons to attract more customers. And sure, these coupons can save you money. But if you’re choosing to eat where coupons are being distributed, then that’s not the right way to save money. How much more can…

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How to Get a Driver’s License in the Philippines

As a new driver, there’s this indescribable mix of excitement and anxiety to take your car for a spin for the first time. But before you can drive, you’ll need a driver’s license. Driving without a valid license is illegal in the Philippines, and you will be fined PHP 3,000 for that violation. The process of license application in the Philippines can be quite confusing for first-timers. Check out this guide so that you know what to do and what to expect when you apply for a license. Table of ContentsWhat is a Driver’s License?Types of Driver’s License in the Philippines1. Student Permit2. Non-Professional Driver’s License3. Professional Driver’s LicenseDriver’s License ValidityHow to Get a Driver’s License in the Philippines1. Get a Student Permit2. Undergo a Medical Examination3. File Your Driver’s License Application Online4. Complete Your License ProcessingHow to Renew Your Driver’s LicenseWho Can Apply for Driver’s License Renewal?Driver’s License Renewal RequirementsFinal Thoughts What is a Driver’s License? A driver’s license is an official document that authorizes the cardholder to drive a motor vehicle in the Philippines. This identification card also functions as a valid ID for various transactions in the government and private sectors. The Land Transportation Office (LTO), a frontline government agency under the Department of Transportation, issues driver’s licenses. The agency is responsible for driver licensing and motor vehicle registrations in the Philippines. Related: Valid IDs in the Philippines You Need to Have Types of Driver’s License in the Philippines The LTO has three classifications of licensing: student permit, non-professional driver’s license, and professional driver’s license. 1. Student…

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20 Courier Services in the Philippines You Can Rely On

The number of consumers shopping online is consistently increasing, according to top market research specialist Ipsos[1]. This leads to an increased demand for companies providing door-to-door deliveries for budding online businesses. Aside from the convenience of having your goods picked up at your location, courier services also offer various logistics solutions like warehousing, automated booking systems, and cash on delivery. Keep on reading to know 20 of the best courier services in the Philippines you can rely on. Table of ContentsCourier Services in the Philippines for Your Next Delivery1. Abest Express2. AP Cargo3. Bluebee Express4. Delivery Parcel Express5. Derider Courier6. DHL Express7. Entrego8. Fastrack9. Grab Express10. Gryffon Courier Services11. JRS Express12. J&T Express13. Lalamove14. LBC15. Mr. Speedy16. Ninja Van17. Sonic Express18. Transportify19. Zoom Courier 20. 2GOFinal Thoughts Courier Services in the Philippines for Your Next Delivery 1. Abest Express Abest Express offers door-to-door shipping starting at PHP 50. You can book for a pickup through their website. This courier service also offers international shipping to select countries. Areas covered: Nationwide Delivery rates: PHP 50 – PHP 190 Delivery time: 2 to 5 working days Payment methods: Cash upon pick up 2. AP Cargo AP Cargo has various services for different shipping and logistics needs. You can pick up or drop off your parcels in one of their many branches or have the items delivered door-to-door. AP Cargo also has an airport-to-airport delivery service that lets you drop off or pick up a parcel at any local airline with an AP cargo representative. Areas covered: Nationwide Delivery rates: Depends on package weight…

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How to Register Your Online Business and Pay Taxes to BIR

Online businesses are booming in the Philippines, as more Filipinos have turned to online selling after losing their jobs during the COVID-19 crisis. If you’re one of those financially struggling Pinoys trying to make a living through the internet, you’re likely to be worried about the recent BIR order requiring online sellers to register and pay taxes to the government. Online business registration and tax payment are mandated by the law, so online sellers and everyone making money online are expected to comply. Reduce your worries by knowing how to do these right. Here’s everything you need to know and do, from how to register your online business to how to pay your taxes to the BIR. Table of ContentsDo I Need to Register My Online Business in the Philippines?Benefits of Online Business Registration1. Increase Your Customers2. Qualify for Business Loans3. Receive Government AssistanceHow to Register Your Online Selling BusinessDTI Online Business RegistrationBIR Online Business RegistrationHow to File Your Income Tax ReturnDeadlines for filing ITRHow to Pay Tax for Online Business in the PhilippinesFinal Thoughts Do I Need to Register My Online Business in the Philippines? According to the Revenue Memorandum Circular No. 60-2020[1], the BIR requires registration for “all persons doing business and earning income in any manner or form, specifically those who are into digital transactions through the use of any electronic platforms and media, and other digital means.” However, days after issuing the order, the government clarified that not all kinds of online sellers are required to register. Exempted from the DTI and BIR registration are those selling products “intermittently or irregularly” and those…

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Top Online Jobs in the Philippines You Should Consider

Are you tired of traveling for hours to and from your office? Do you think that the 9-5 lifestyle is not for you? Do you want to spend more time on your hobbies and with your loved ones? If you answer yes to all of these, an online job is your best bet especially now that we’re advised to stay home because of the pandemic. Contrary to popular belief, you can earn decent money with a full time online job. Some high-paying jobs are also not hard to come by. Just like a traditional office position, an online job may require you to have the relevant experience, skills, and degree. Keep on reading to learn the pros and cons of this work set up and explore some of the best online jobs in the Philippines. Table of ContentsWhy Should I Consider an Online Job?Advantages of Having an Online JobDisadvantages of Having an Online Job20 Online Jobs in the Philippines1. Computer Programmer2. Content Writer3. Data Entry Encoder4. Data Researcher5. Digital Marketing Specialist6. Graphic Designer7. HR Officer8. Instructional Designer9. Online ESL Tutor10. Search Engine Evaluator11. Social Media Manager12. SEO Specialist13. Software Engineer14. Technical Support Representative15. Telemarketer16. Transcriptionist17. Video Editor18. Virtual Accountant19. Virtual Assistant20. Web DesignerFinal Thoughts Why Should I Consider an Online Job? An online job offers many perks that can help you achieve work and life balance. See and weigh the advantages and disadvantages below. Advantages of Having an Online Job You don’t need to commute. Filipinos spend about 16 days a year stuck in traffic, resulting in about PHP 100,000 of…

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