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Philippines - a viable investment and retirement destination

In this blog, we will endeavor to provide information regarding the Philippine economy, investment, tourism and real estate in general and also in owning, selling, renting or leasing out properties in particular. Also posted are independent articles that the website administrator feels can help investors and retirees understand why the Philippines is a viable investment or retirement destination.

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RESA Bills Senate No. 2963 and House No. 3514 is now REPUBLIC ACT NO. 9646 signed by PGMA last June 29, 2009. Official Publication was made last July 15, 2009 at Phil. Daily Inquirer, page B-10 of the Business Section and after 15 days from date of publication or on July 30, the RESA law now becomes effective. Deal with licensed brokers only. Better still, deal with a Realtor ®.

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Business leader cites 5 reasons why Philippines can become next Asean tiger
By: Doris C. Dumlao Philippine Daily Inquirer MANILA, Philippines—The Philippines has a fresh opportunity to be Asia’s next tiger economy, potentially regaining the glory lost decades ago, according to a visiting regional business leader from Read More...

Posted Monday, September 26, 2011 9:09 PM by Odilon "Ody" dela Merced | 0 Comments

'Three ASEAN neighbors and their constitutions' - (Part VI) - Enrile-Belmonte initiative
By: Gerardo P. Sicat Let us examine more specifically the political constitutions of three of our closest neighbors in ASEAN: Indonesia, Malaysia, and Thailand. These economies have managed impressive economic performance over time. “Investment Read More...

Posted Wednesday, August 17, 2011 12:02 AM by Odilon "Ody" dela Merced | 2 Comments

Philippines an ideal investment site
August 14, 2011, 8:00am MB, MANILA, Philippines — Two factors – skilled workforce and competitive labor cost – account for investors’ choice of the Philippines as an ideal investment site. Many foreign companies reportedly prefer Read More...

Posted Sunday, August 14, 2011 10:59 AM by Odilon "Ody" dela Merced | 0 Comments

Understanding the Charter change issue
By: Dr. Bernardo M. Villegas Filipinos living abroad—either as permanent residents in their respective host countries or OFWs—are still perplexed about previous efforts to amend the Philippine Constitution of 1987. What many of them recall Read More...

Posted Saturday, August 13, 2011 12:06 PM by Odilon "Ody" dela Merced | 0 Comments

Bureau of Internal Revenue to lose P6 billion due to optional deduction
By Iris C. Gonzales (The Philippine Star) Updated March 12, 2010 12:00 AM MANILA, Philippines - The Bureau of Internal Revenue (BIR) expects to lose up to P6 billion this year from the Optional Standard Deduction privilege allowed under RA 9504 or the Read More...

Posted Friday, March 12, 2010 3:25 PM by Odilon "Ody" dela Merced | 0 Comments