How to Get Started in Real Estate Investing: Tips for Beginners Real estate investing can be a profitable and rewarding way to grow your wealth, but it can also be intimidating for beginners. Here are some tips to help you get started in real estate investing: Educate yourself: Take time to learn about real estate investing and the different strategies available to you. You can read books, a...
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FOLLOWING delays in the implementation of the Cebu Bus Rapid Transit (BRT), the World Bank has proposed a restructuring of its financing package for the project, including an extension of the project’s closing date to Sept. 30, 2026 from the current Jan. 30, 2024. The World Bank also proposed revisions to the project’s components, extension of the deadlines for compliance with agree...
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The World Bank has kept its growth forecasts for the Philippines for 2023 and 2024, and the country is expected to outpace the growth of Asean neighbors. The Philippines is seen to have grown 5.6 percent last year, according to the Washington-based agency’s Global Economic Prospects reports. Meanwhile, the World Bank sees 5.8 percent growth for this year and next. These figures fall...
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Overseas Filipinos’ cash remittances increased by 2.8 percent year-on-year to $30.211 billion as of end-November 2023 from $29.38 billion same time in 2022, based on the latest data from the Bangko Sentral ng Pilipinas (BSP). The BSP said Monday, Jan. 15, that for the month of November, remittances sent through official banking channels rose by 2.8 percent to $2.719 billion from $2.644 bi...
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Bureau of Internal Revenue (BIR) Commissioner Romeo D. Lumagui Jr. has issued Revenue Regulation No. 1-2024, increasing the value-added tax (VAT) exemption threshold for the sale of houses and lots and other residential dwellings. The revised threshold now stands at P3.6 million, up from the previous P3.2 million. This revision aligns with Section 109 (P) of the National Internal Revenue Cod...
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MANILA – Diversified conglomerate DMCI Holdings Inc. has maintained its positive outlook for 2024 due to cooling inflation and stabilizing interest rates. “Overall, we expect the DMCI group to deliver another resilient performance this year,” DMCI Holdings chairman and president Isidro Consunji said in a disclosure to the Philippine Stock Exchange Wednesday. Consunji s...
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