How Filipinos can boost investment with foreign stocks

How Filipinos can boost investment with foreign stocks(CNN Philippines) Metro Manila – Young Filipino professionals stuck at home have driven a surge in local stock market investing. According to a report by Bloomberg, one particular brokerage, AAA Equities, even doubled its number of customers opening accounts since the lockdown started in mid-March last year.

These Filipinos are investing primarily in the Philippine Stock Exchange, where stocks of Philippine-based companies are traded. And while investing in local stocks is an excellent starting point, many can take it up a notch: investing in international markets, because the potential returns of investing in foreign stocks can be higher.

Going global allows investors to combine stocks from various markets, which means they get to capitalize on different economies, instead of only relying on one (the Philippines’). Buying stocks from international markets serves as a channel to take advantage of other countries’ economic growth, which will lead to a more diversified and stable portfolio.

New investors must consult with their trusted financial advisor to create a clear plan which aligns with their financial situation and investment goals. The next step is to find a reliable partner who will help them build their wealth and help expand their investment portfolio to global markets… Read More

Winnipeg family brings home sweet $60M in Manitoba’s largest lotto win ever

MIT backs Pinoy drone developer
(Global News) A Winnipeg man and his family are the winners of the largest lotto jackpot prize in Manitoba history.

John Chua, along with his wife, Jhoana, mother Angie Chua, and uncle Ben Lagman claimed their $60 million prize Tuesday.

John said he was originally jealous that someone in Winnipeg had won the prize, not knowing it was him.

It wasn’t until he received an email from Playnow.com with a notice of a LOTTOMAX prize that he realized he’d won big.

“I thought it might be a Free Play or something. But it said $60 million – I was confused, so I checked on PlayNow.com when I got home,” he said in a press release… Read More

Rumours and fear dog Philippine plan for coronavirus vaccine drive

Rumours and fear dog Philippine plan for coronavirus vaccine drive
(Reuters) MANILA – According to one rumour circulating in the Philippines, the coronavirus vaccine will allow President Rodrigo Duterte to kill people at the push of a button.

Elsewhere in the country of 108 million, memories of a dengue vaccine that has been banned locally are putting people off the idea of immunisation even before the campaign begins.

“Many kids got sick after receiving that vaccine,” 62-year-old Crisanta Alipio said of the ill-fated vaccine against dengue, a mosquito-borne disease that can be deadly.

She said she was afraid of the novel coronavirus but even more afraid of vaccination.

The Philippines is only due to start immunisations next month despite suffering Southeast Asia’s second-worst outbreak of the coronavirus with more than half a million infections and over 10,000 deaths.

But officials acknowledge they have an uphill struggle to persuade many people to take it, on top of the logistical difficulties in reaching 2,000 inhabited islands with a precarious health system in the Southeast Asian archipelago…. Read More

F*ck COVID? Raymond Gutierrez throws birthday bash amidst pandemic

F*ck COVID? Raymond Gutierrez throws birthday bash amidst pandemic
(Coconuts Manila) Filipinos are going after host Raymond Gutierrez for throwing a party amidst the pandemic, one that allegedly led to the closure of a Taguig City restaurant.

Photos of Gutierrez’s birthday bash at La Picara Restaurant started spreading on social media during the weekend. It showed him partying with sister-in-law Sarah Lahbati, celebrities Yassi Pressman, Issa Pressman, and basketball player Kobe Paras, all of whom appeared in photos without face masks…. Read More

DOH eyes travel ban vs United Arab Emirates after Pinoy infected with UK variant

DOH eyes travel ban vs United Arab Emirates after Pinoy infected with UK variant
(ABS-CBN) MANILA — The Department of Health on Thursday said it will be recommending the inclusion of the United Arab Emirates in the Philippines’ travel ban list.

This after a Filipino traveler from Dubai tested positive for the new SARS-CoV-2 variant.

But even if the country is not yet included in the travel ban list, DOH officials said they are taking a “pro-active stance” and will be subjecting travelers from the country to genome sequencing. They said the same protocols for countries that officially confirmed the UK variant will be applied to UAE.

During the same DOH briefing, experts commended the government for being able to detect the case even though under current protocol UAE travelers are only required to be tested for COVID and not to undergo gene sequencing.

The DOH and the Philippine Genome Center confirmed Wednesday the detection of the B.1.1.7. SARS-CoV-2 variant (UK variant) in the country after samples from a Filipino who arrived from the United Arab Emirates (UAE) on January 7 yielded positive genome sequencing results… Read More

Pinoy startup bets on stylish tiny houses that cost as little as P89,000

Pinoy startup bets on stylish tiny houses that cost as little as P89,000
(ABS-CBN) MANILA – A Philippine startup is betting on the popularity of “tiny houses” among millennials to carve a niche for itself in the country’s growing property and building industry.

Cubo Modular manufactures small houses that can be assembled IKEA-style in a matter of hours, and cost as little as P89,000.

Cubo CEO Earl Patrick Forlales said the company’s easy-to-assemble homes are also resilient and can withstand typhoons and earthquakes.

“It’s like getting our very own ‘bahay kubo’. We’re just upgrading it to become a 21st-century solution,” Forlales said in an interview with ANC… Read More

Pinoy brings Filipino food to St. Petersburg’s EDGE District

Pinoy brings Filipino food to St. Petersburg’s EDGE District
(Tampa Bay Times‎) ST. PETERSBURG ― Baum Avenue Market, the trendy food hall in St. Petersburg’s EDGE District, has undergone several transitions since opening. The popular Central Avenue market has been home to multiple food concepts, including sushi, crepes, vegan desserts, fast-casual Indian and a raw bar, to name a few.

The space has since dwindled to include just two restaurant vendors, but in many ways, they feel like one. That’s likely because Pinoy, the newest addition, and Karma Juice Bar and Eatery, one of the market’s longest-running stalls, are a family affair.

Josie Barber, who owns the popular smoothie bowl and health food spot Karma, first scouted the empty market location for her sister Raquel “Jingle” Baluyut in August. Baluyut, who recently moved from Miami to the Tampa Bay area, worked catering jobs in the past but never owned her own restaurant. When her sister presented her with the opportunity to run her own spot, she jumped at it. The way Baluyut tells it, the restaurant was a “present” from Barber… Read More