Moving Forward: The Philippine Real Estate Market Game

The emerging real estate industry is the forerunner in Philippines’ movement towards urban revolution. And in support to its urbanization efforts are the country’s firm economic background, the compelling demand for business process outsourcing (BPO) services, an increased rate in consumer spending, and the thriving spate of remittances from the overseas Filipino workers. As these …

Will My Filipino Bank Fail? Lessons & Advice from Banco Filipino and LBC Savings Bank

It was shocking to hear that yet another large Philippines Bank failed this week. LBC Bank announced a “bank holiday” last Friday, and immediately all money was not accessible by anyone who had an account at the bank. This same tragedy happened back in March of 2011 at Banco Filipino. Both closures had zero public …