All Articles With Category : Local News

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

NDRRMC Rainfall Warning Alerts: What They Mean and Why You Shouldn't Ignore Them

Is the NDRRMC flooding your phone inbox with rainfall warning alerts? Does the ringtone almost trigger a heart attack? That’s the National Disaster Risk Reduction and Management Council doing its function as the government’s disaster preparedness arm. Since June 10, the NDRRMC has been sending out weather updates to mobile phone users in the Philippines. […]

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Why the Nationwide Smoking Ban is Good for You

The ban on public smoking in the Philippines has been implemented for about a year now. Are you happy so far with the nationwide smoking ban? Do you think it’s effective in encouraging smokers to quit their habit? In 2017, President Rodrigo Duterte signed Executive Order (EO) 26—the nationwide smoking ban—that prohibits smoking in all […]

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Build Build Build: 9 New Roads to Solve Traffic Problems in the Philippines

What could be more frustrating than traffic slowing to a crawl due to road constructions? But think of it this way: the short-term pains will eventually lead to long-term gains. That’s the “Build Build Build” program in action. The government is currently building new roads that will solve the traffic in the country’s most congested […]

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Philippine Typhoon Names: How Does PAGASA Come Up with Them?

Every typhoon season, Filipinos are glued to their TV sets while scrolling for Facebook and Twitter updates on #WalangPasok announcements. Concerned about safety, you also monitor the news for weather and flooding updates in your area when a storm batters the country. But have you ever been curious about how typhoons in the Philippines are named? […]

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Travelers: Watch Out for These 6 Airport Scams

Weary and hurrying travelers are common targets of airport scammers. Don’t let this ruin your vacation. Before flying to your destination, be informed of the common airport scams in the Philippines to avoid hassle and irrelevant costs. Here are six of the most common to watch out for. Airport taxi scam                                                    Over the years, NAIA […]

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9 Ways to Check Fake Peso Bills

Fake money is widespread nowadays. And there’s nothing more disappointing than your money being flagged as fake during a transaction at a retailer or a fast food joint. Philippine peso bills are manufactured using secured methods and within a secured facility. According to a column by retired Monetary Board member, Ignacio Bunye, our paper bills are […]

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Use Your Mobile Number Forever with the Lifetime Cellphone Number Act

It’s always a hassle to switch mobile numbers. Apart from having to update your friends and relatives, you also need to update select documents to ensure that important parties can still reach you. Switching from Globe to Smart, or Sun to Talk ‘N Text, and vice versa seems like a tedious task we just don’t […]

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How the Proposed SSS Contribution Hike Will Affect You

    The Social Security System has recently proposed an increase in the SSS contribution rate to 14% from the current 11%. SSS also plans to raise the minimum monthly salary credit (MSC) to PHP 4,000 from PHP 1,000, and the maximum MSC to PHP 20,000 from PHP 16,000. This will raise the minimum contribution […]

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Skyway Traffic is Terrible: Here's How You Can Deal With It

In an effort to “make toll collection and traffic throughout more efficient,” the Skyway management implemented a new toll system last Monday, January 29. Under the new scheme, motorists have to go through two toll booths: the payment booth and the new toll booth for surrendering payment slips. The new toll system, however, didn’t work […]

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How the TRAIN Act Affects Our Food

The Tax Reform for Acceleration and Inclusion (TRAIN), which took effect earlier this year, is one of many tax reform measures of the current administration. Also known as Republic Act 10963, the newly imposed law aims to create a “more just, simple, and effective tax system” by lowering the personal income tax of all taxpayers […]

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A Commuter’s Guide to Every LRT-1 Station

The Manila Light Rail Transit System Line 1 (or LRT-1) is one of the major public transportation systems in the Philippines. Launched in December 1984, the line consists of 20 stations, linking the cities of Pasay, Manila, Caloocan, and Quezon City. Serving more than 800,000 passengers each day, the government is planning to extend the […]

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Are You Aware of These Updates to PhilHealth Benefits?

Occasionally, PhilHealth makes some changes to its coverage policies, benefits packages, and membership requirements. It’s important to keep yourself updated on these changes, so you can plan your budget accordingly and maximize your PhilHealth benefits. Here are some of the latest updates to PhilHealth benefits, contributions, and coverage that you might not know about. 1. […]

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The Problem with the New 5-Peso Coin

Change is good, especially if it means improving our daily lives. However, there are some changes we deem unnecessary. These are the changes we can live without, the changes that make us go “What? The old one’s better.” If you’re familiar with this scenario, know that this is exactly how we feel about the new 5-peso coin. The […]

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Old ATM Cards Will Be Discontinued. Here's How You Can Switch to an EMV Card

Have you received a message from your bank reminding you about changing your existing ATM or debit card to an EMV card? Well, it’s for your own protection. Over the past few years, there have been increasing ATM fraud incidents, particularly ATM skimming. You don’t want to be part of the statistics, right? So, to […]

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5 Reasons Why the Tax Reform Law is Good for Us

Starting in the first payday of 2018, some six million Filipino workers should see an income tax reduction in their payslip, thanks to the newly implemented Tax Reform for Acceleration and Inclusion (TRAIN) Act. The TRAIN law or Republic Act 10963, which took effect on January 1, 2018, is the first of five tax reform […]

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Are You a Commuter? Here's Your Guide to Every MRT Station

The Metro Manila Rail Transit System or MRT is one of the main public transportation systems in the Philippines. Though not that dependable (the system experienced over 500 glitches in 2017), millions of Filipinos still ride the train as it allow them to reach major points of Metro Manila, particularly along EDSA. If you’re an […]

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The Anti-Distracted Driving Act: How Helpful Is It in Preventing Road Accidents?

The World Health Organization’s 2015 Global Status Report on Road Safety claimed that distracted driving is a “serious and growing threat to road safety.” Drivers who are preoccupied with their gadgets while on the road are four times more likely to get into a crash. Specifically, texting while driving makes a person 23 times more susceptible […]

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Can a Dash Cam Reduce Car Insurance Costs in the Philippines?

Roads are seeing more action lately. They’ve become almost a disaster show featuring exhibits like road rage, accidents, and roadkills—which are not fun to watch but are sometimes necessary to review for insurance purposes. When unfortunate events arise, witnesses aren’t always around to corroborate your claims. That’s why, sometimes, perpetrators get away, leaving you with […]

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In Memoriam: The Noteworthy Contributions of Washington SyCip

Business tycoon and philanthropist Washington SyCip passed away at the age of 96, while on a flight to Vancouver from Manila last Sunday, October 7. SyCip founded and was part of many notable businesses such as SGV & Company, Asian Institute of Management, BDO Unibank, and Philippine National Bank. He was a legendary mentor and an […]

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Labor Day Reminders

Others will use the day to celebrate Filipino workers, workers’ unions and a day to remember the workers’ rights and bring attention to labor issues. Others still will use this day to look up new job opportunities either in the country, or abroad. Here’s a look at a few Labor Day reminders. Labor Day Job […]

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