What are Loan Sharks and How to Avoid Them

Learn how to protect yourself from loan sharks and avoid debt traps. Borrow safely from legitimate lenders like BDO and BDO Network Bank Based on the latest Social Weather Survey (SWS) conducted from September 14-23, 2024, around 59% of Filipino households, approximately 16.3 million families, consider themselves poor. This marks a slight rise from the …

Enhancing Customer Experience Through Digital Tools and Personalized Service

SAM:  Skip the lines and simplify banking with BDO’s online branch appointment system and Service Assist Machines! Complete your transactions in just a few clicks! Recently, I needed to visit a BDO branch to handle some important banking tasks. Like many people, I do not like waiting in line, especially when life feels busy.  I had …

tech life

NOW AVAILABLE: The TechLife Smart Watch L1 is your newest affordable sidekick

TechLife smart watch has everything you need to thrive in school and beyond. Being a student today means juggling classes, staying healthy, attending social events, and keeping track of never-ending notifications thus, nifty devices, such as the newest TechLife Smart Watch L1, can make all the difference, serving as a personal health tracker while staying …

Philippine Tax system

Is the Current Philippine Tax System Fair to Filipinos?

Is the Philippine tax system truly fair? Dive into the complexities and find out if every Filipino is getting a fair deal. Taxation is one of the most critical aspects of governance, as it directly impacts every citizen. In the Philippines, the tax system has long been a subject of debate, with many questioning whether …

SM Investments

SM Investments Lists USD 500 million debt notes on Singapore Exchange

SM Investments taps into global markets with a USD 500 million debt issuance. Find out how this strengthens their financial flexibility! PASAY CITY, Philippines, 18 July 2024 – SM Investments Corporation (SM Investments) successfully priced a USD 500 million drawdown from its USD 3 billion multi-issuer Euro Medium-Term Notes (EMTN) program established in May this year. …

tax compliance

Tax Compliance / Invoicing Requirements in 2024: What Every Taxpayer Needs to Know

Tax compliance:  Get ready for the new BIR invoicing requirements effective July 1, 2024. Learn about converting unused official receipts to valid invoices. Starting July 1, 2024, all taxpayers need to issue valid invoices to their customers. This new rule is part of the BIR’s effort to streamline tax compliance and ensure proper documentation of …

General Journal and General Ledger: A Quick Comparison for Beginners

Learn the difference between a general journal and a general ledger in simple terms. Essential reading for small business owners and accounting newbies. I often get asked about the basics of accounting, especially by small business owners. One common question is about the difference between a general journal and a general ledger. These two terms …

credit cards

6 Things You Should Know about Credit Cards for a Good Credit Rating

Credit Cards:  Unlock financial flexibility with your plastic currency! Learn how to maximize credit card uses to maintain a good credit standing. While credit cards serve as a convenient payment method for purchases, they offer additional functionalities that can benefit you financially. Furthermore, there are proactive steps you can take to maintain a favorable credit …

new credit card

What Happens If You Don’t Activate your New Credit Card?

Getting a new credit card can be exciting. It provides a handy financial tool to help manage your money. Credit cards allow you to make purchases or access cash instantly without having to carry around a lot of physical currency. When used responsibly, credit cards are an excellent way to buy what you need without …