All Articles With Category : World News

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

Richard Thaler Wins 2017 Nobel Prize for 'Humanizing' Economics

The American economist who proved that people make irrational decisions when it comes to money has won the 2017 Nobel Economics Prize. Richard Thaler is synonymous with the term ‘behavioral economics’, a field of economics that explores the impact of social, psychological, and emotional factors on financial decisions. This article explains some of the key concepts introduced by […]

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What Federalism Could Mean for Business in the Country

During his time as mayor, one of President Rodrigo Duterte’s statements to supporters included the possibility of a shift into Federalism. When he did finally decide to run, a reason he gave was that he was prompted by his party – the Partido Demokratiko Pilipino-Lakas ng Bayan (PDP-Laban) – to carry the torch of federalism. Months into his presidency, the topic of a federal government […]

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Trump’s Exit from the Trans-Pacific Partnership

The United States of America’s (USA) President Donald Trump has taken America out of the Trans-Pacific Partnership (TPP), a multinational trade agreement that planned to extend intellectual property laws across the world, within 24 hours of his taking office. It also aimed to deepen economic ties between the signed nations, slashing tariffs and fostering trade-to-growth […]

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Meet the Most ‘Kuripot’ Billionaire in the World

In an economic perspective, when an individual’s income raises, the cost of his lifestyle will also raise. Nevertheless, not for this billionaire.  He is arguably the world’s greatest stock investor but also probably the most frugal person you will ever meet. His name is Warren Buffett. Started from his humble beginnings when he was young, […]

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The Effect of Brexit on OFWs

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  • August 29, 2016

In a referendum on June 23, 2016, the people of the United Kingdom voted to leave the European Union. The controversial decision was reached after many months of discussions between the people of the United Kingdom, including a demonstration on the River Thames by politicians on both sides of the argument. With the United Kingdom […]

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UN: Half of the World will be Online by 2016

About six billion people or half of the population of the world could access the Internet in 2016 according to the country-by-country report of United Nations’ Broadband Commission for Digital Development. The other half, however, where 80 percent of the citizens of the 48 poorest nations of the world belong, may still be in delay of […]

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Fight ALS with an ‘Ice Bucket’

Social media is on fire because of the “Ice Bucket Challenge” that is aimed at raising awareness and funds to fight against Amyotrophic Lateral Sclerosis (ALS) or the Lou Gehrig’s Disease. It’s a neurodegenerative disease that causes muscle weakness and difficulty in speaking, swallowing, and even breathing. People who have this disease may ultimately lose […]

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Lower 2014 Growth Forecast for PH

Credit Suisse, a Zurich-based financial services company, muted its 2014 economic growth forecast for the Philippines. Credit Suisse economist Michael Wan noted that the group revised its 2014 Philippine Gross Domestic Product outlook from 7% to 6.2%. The country’s weak Q2 2014 performance showed lower export receipts in April 2014. Philippine exports to Japan went […]

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PH is a Lot of Work for Internet Providers

Infrastructure is one of the challenges of fast and reliable Internet access across the Philippines, according to a study by Boston Consulting Group.  This limits businesses in the Philippines to access opportunities being presented by a wired economy. Read More: Philippines’ Internet speed still one of the slowest in Asia The study identified 55 indicators of e-friction and […]

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PH Among World's Top Performers in Housing Prices

The Philippines was among the top performers in terms of growth in housing prices in the world, according to a research house Global Property Guide (GPG). In the global house price survey conducted by GPG in 2013, the Philippines was the fourth top performer. The average price of a three-bedroom condominium unit in Makati CBD has […]

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Cutback in U.S. Stimulus Affects the Philippines

The Philippines felt the impact of the announcement made by the U.S. Federal Reserve that it will scale back its stimulus efforts starting January 2014. The Philippine Peso weakened to a three-month low against the U.S. dollar after the U.S. Fed announced they will cut their monthly $85 billion bond-buying program by $10 billion to […]

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