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Showing posts with label investments. Show all posts

Tuesday, March 05, 2019

SEC Warns People On Buying Shares Of "Under Construction" Hospitals

Investments can be the best way to put your money if you want it to grow over time. It may be shares from different companies or stock market, or in real properties like condominium units or real estate.
Investing is good but before getting into an investment transaction, you need to make sure that you are entering a legitimate deal. Scammers are everywhere and they are only waiting for their willing victims.

$Investments can be the best way to put your money if you want it to grow over time. It may be shares from different companies or stock market, or in real properties like condominium units or real estate. Investing is good but before getting into an investment transaction, you need to make sure that you are entering a legitimate deal. Scammers are everywhere and they are only waiting for their willing victims. Ads The Security and Exchange Commission (SEC) warns the public to be cautious in entering deals on buying shares. In an advisory released by SEC, people are warned to be alert and vigilant because there are groups of people who allegedly involved in pre-selling securities in forms of shares in stocks of hospitals currently being constructed. To make it more enticing, these people promise the buyer to grant them hospital benefits like free or discounted O.R. fees, free or discounted private room, ICU or ward accommodations, discounts on use of ICU, hospital equipments , medicines, etc., and discounts on hospital services as well as in-patients and out-patient case rates. According to the advisory from SEC, these shares of stocks being offered fall under securities category. meaning, no individuals could sell it to the general public unless it had been registered with the SEC. Should any individual or group of people approach anyone offering this kind of transaction, you may report such activity to SEC so that the commission will take appropriate actions. Ads Sponsored Links Read More: Read More: There were growing number of alleged disappearances and abduction claims recently but the Philippine National Police (PNP) said that there were no such confirmed cases reported to them. As parents, we really want to know the truth behind these incidents which concerns the safety of our children. Ads Just recently, 2 young girls were rescued after 3 suspects attempted to abduct them and forcibly boarded them to a pick-up van in Camarines Sur. A concerned citizen who witnessed the incident chased them and called the attention of the authorities which resulted to the arrest of the suspects. One of the victims, Anna, not her real name, said that they were on their way home after fetching a project from their classmate, a van stopped near them and the suspects grabbed them by the arm, tied both of them and forcibly pushed them inside the vehicle. The victims struggled, kicking the suspects and made it to escape. Both of them were left on the side of the road. That is were Rodolfo Paratao saw them crying. Using his motorcycle, he chased the van of the suspects and called the attention of the Barangay officials. The pursuit continues and with the help of other motorists, the vehicle was cornered in Barangay San Antonio in the neighboring town of Ocampo, Camarines Sur. The suspects were identified as Juan Antonio Castillo III, Art Vincent Revilla, and Paulo Julio Nerva, all from Naga City. According to P/SSG Eleno Calongui Of Pili PNP, the suspects said that they are on that barangay to do nature tripping. The suspects will face abduction charges in relation to Republic Act 7610. Overseas Filipino workers (OFW) risked a lot just to give their families a better future. It includes working in an unfamiliar territory with different culture and beliefs. They live everyday uncertain of what could happen. Just like what happened to an OFW who was mugged and hit several times in the head. Ads Rommel Ranque, hailed from Sta Cruz, Laguna, an OFW father of four, is now fighting for his life after two unidentified men mugged him and hit him several times in the head in Riyadh, Saudi Arabia on January 20. Ranque, according to the message posted by a woman who introduced herself as his sister, was on his way to the warehouse where he is working when the incident happened. He suffered severe brain injury and multiple fractures involving skull & facial bones. He’s been in the hospital in Riyadh for a month now and he needs his family by his side at this critical time. They need help with the medical bills and travel expenses even at least for his wife to be able to go to Riyadh and personally take care of him and eventually bring him back home to the Philippines. His sister is also appealing to President Rodrigo Duterte or anyone that can be able to render assistance to his brother and his family. Meanwhile, a fund raising drive through GoFundMe.com was created by concerned citizens to be able to help the OFW and his family. The fund raising campaign is intended to raise money to help OFW Rommel who is a sole breadwinner of the family. The Philippine Embassy In Riyadh is yet to issue a statement about the particulars and development of the case of the OFW. Ads ©2019 THOUGHTSKOTO$

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The Security and Exchange Commission (SEC) warns the public to be cautious in entering deals on buying shares.
In an advisory released by SEC, people are warned to be alert and vigilant because there are groups of people who allegedly involved in pre-selling securities in forms of shares in stocks of hospitals currently being constructed.

To make it more enticing, these people promise the buyer to grant them hospital benefits like free or discounted O.R. fees, free or discounted private room, ICU or ward accommodations, discounts on use of ICU, hospital equipments , medicines, etc., and discounts on hospital services as well as in-patients and out-patient case rates.

According to the advisory from SEC, these shares of stocks being offered fall under securities category. meaning, no individuals could sell it to the general public unless it had been registered with the SEC.

Should any individual or group of people approach anyone offering this kind of transaction, you may report such activity to SEC so that the commission will take appropriate actions.

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Wednesday, November 21, 2018

Philippines Named As No.1 Country To Invest In

Latest U.S. News report revealed the 20 best countries where you can put your investments and expect excellent results.

It highlighted four factors namely, the country's people, environment, relationships, and framework. These are the factors that propel both individuals and corporations to invest in a given country's natural resources, markets, technologies, or brands.

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Thursday, August 30, 2018

Why Do You Need To Convert Your Land Title To eTitle?

Buying real property can be considered among very important investments for an overseas Filipino worker (OFW) must have. having your own house and lot is a big accomplishment in a life of OFWs regardless of how big it is or its location or if you bought it cold cash or through a mortgage loan. To own a real property, it is important that you secure proper documentation. You need to be issued a land title as a proof of ownership. But what if your title was lost or damaged no matter how safe you keep it?
That is why the Land Registration Administration urges every Filipinos to enjoy the benefit and convenience of converting their paper land titles to electronic titles also known as the eTitle.

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The Land Regulatory Authority’s (LRA) urges everyone including the OFWs to convert their physical copy of land titles to the digital version of land titles or eTitles.

Under the Land Titling Conversion Project of the LRA, original titles in the Registry of Deeds are now stored in digital databases while the landowner’s duplicate copies of land title can now be converted to e-titles.

The Land Registration Authority has been implementing the Voluntary Title Standardization Program. It provides title owners the option to upgrade manually-issued titles to “eTitles”, which are issued by LRA’s new Computerized System.

LRA’s Computerized System was developed as part of the agency’s Land Titling Computerization Project.

Its aim is to maintain on-line information on titles that is current, complete and accurate. It is also designed to keep the security and integrity of records by safeguarding these from tampering or destruction and deter substitution or insertion of questionable data, in paper or digital form, and provide a system of timely detection and identification of fake land titles and to help identify the persons responsible.

How Do You Convert Your Land Title to eTitle?

Bring your owner’s duplicate title and other required documents to the registry of deeds or the nearest satellite office. The LRA personnel will match the duplicate copy to the original to validate authenticity.

Once validated, the conversion process of your manual title to eTitle will proceed. Your owner’s duplicate eTitle will be ready for pick-up after a few days.

By converting it to its digital version, you can enjoy a tamper-proof, destruction-proof, lost-proof original eTitle and the security of an owner’s duplicate eTitle.

Why do you need to convert your paper land title to eTitle?

Because it is made of paper, physical copies of land titles are prone to get lost, faked, caught in a fire, and other natural disasters that may damage it.
Landowners will also be spared to pay hefty fees in securing another copy of the land title when their duplicate copies are lost.

The e-titles also have security features to further protect the legitimacy of the land title.

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With the use of modern technology, the eTitle now empowers the LRA to improve its delivery of services. eTitles also comply with the risk management requirements of the banks and other institutions. You do your share as a landowner while LRA does its part. Convert your titles now.
Filed under real property, investments, overseas Filipino worker (OFW), mortgage loan, land title, Land Registration Administration, Filipinos electronic title, eTitles

Read More:

What is the main reason why many Filipinos decided to leave their beloved family behind and work abroad? It is to earn more in order to be able to give their family the best possible future they can give. To buy the things they need, to have their own house to call their home, etc. The overseas Filipino workers (OFW) are usually breadwinners supporting even their extended families as well. The remittances the OFWs send to their loved ones used to be enough to pay their bills, mortgages and even a little extra for them to go to the mall and enjoy. Today, the families of the OFWs are experiencing difficulty in stretching their budget for the whole month due to the high prices of everything. From basic commodities, transport fares, school supplies, etc. Advertisement Godofredo's wife is an OFW in Malaysia. She needed to work there because the family cannot rely on his salary as a "barangay tanod" alone. They use the remittances they receive from his OFW wife for the education of their children, while his salary from his local job is used to pay their electric and water bills. Gina also experienced difficulty in making ends meet and forced to transfer her children to a public school because the remittances sent by her OFW husband is not enough anymore for their expenses. The remittances sent by OFWs abroad is considered the redeeming grace for the Philippine economy by helping stabilize the country's dollar reserve. Ads The Bangko Sentral ng Pilipinas (BSP) said that the OFW remittances had been slowing down and this year was the slowest flow of cash remittances in the past seventeen years. It is due to the repatriation program of the government, according to the BSP. From $13.8 Billion from January to June last year, OFW remittances had slightly gone up to $14.2 Billion at the same period this year. The government said headline inflation rate went up to 4.6 % in May as compared to 2.9% last year mainly caused by price increases in fish and seafood, fuel, lubricants, bread, and cereals. Average inflation at 4.1 %, higher than the government’s 2 - 4 % target for 2018. Due to the price hike, OFWs are encouraged to send at least 20% more of their usual remittance for their family to cope up with the experienced inflation, at least until the prices stabilized. Ads While OFWs do their best to provide for heir family back home, the latter also need to learn to value their sacrifices and hardships by spending the remittances wisely. It is important for them to know how to spend the remittances wisely as a way of helping their beloved OFW.

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