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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Remittances seen to grow by 10% in Q2

Remittances seen to growing by 10% in Q2 BY JIMMY CALAPATI Think-tank First Metro Investment Corp. (FMIC) yesterday said that OFW remittances are likely to grow between 8-10 percent for the second quarter, but must offset the expected slowdown in foreign Read More...

Posted Wednesday, April 07, 2010 2:17 AM by Odilon "Ody" dela Merced | 0 Comments

Filed under: remittance, Philippine economy, OFW, May 10 election

Branchless banking seen expanding in next 10 years

An international report indicates that branchless banking in microfinance, which utilizes mobile phone banking extensively, will expand further until 2020. But the Consultative Group to Assist the Poor (CGAP) report, bursts of rapid acceleration will Read More...

Posted Thursday, December 10, 2009 12:52 AM by Odilon "Ody" dela Merced | 0 Comments

Filed under: Technology, Finances, manila, Economy, banking, remittance, cash, convenient payment, money transfer