By Miguel Camus
The last few months have been tense for the Philippine operations of Uber Technologies, which is behind the wildly popular taxicab alternative application “Uber” that can be downloaded into smartphones.
By Tatin Yang
Riding to a destination with friends who are also Uber users? Split a fare evenly with them with the “Split Fare” feature. Uber automatically splits the fare between you and your friends so you won’t need to pay each other in cash. In other countries, strangers sometimes split an Uber to save on the fare and this feature is an easy way for both parties to pay for the trip using their respective credit cards.
By Florencio B. Orendain
, Marilou O. Adea
The Pag-Ibig Fund is 35 years old. There is merit in looking at its beginnings and finding lessons from its experience to be able to push capital formation by the working class today: the evolving middle class from overseas Filipinos.
We cannot help but compare Pag-Ibig’s rates of employee-employer contributions with those of the Employees Provident Fund (EPF) of Malaysia and of the Central Provident Fund (CPF) of Singapore. This is best captured by the table of rates of contribution below:
6.3 million housing backlog estimate in 2011-2017 13.5 million Pag-Ibig members as of 2013 P344.67 billion total Pag-Ibig assets (2013) P500,000 minimum housing loan amount P6 million maximum housing loan amount 30 years maximum repayment period Interest rates Housing loan* (as of August 2014): Based on fixing period […]