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Govt losing P1B in ‘Payanig’

By KRIS BAYOS Manila, Philippines – Government has been losing over P1 billion worth of income from delinquent payments of rental fees of commercial establishments “illegally” occupying the “Payanig sa Pasig” complex in Ortigas Center. The Presidential Commission on Good Government (PCGG) said non-paying tenants of the “Payanig sa Pasig” commercial complex has delinquent... 

The Importance of Good Credit (Last of two parts)

MANILA, Philippines – THE recent commemoration of Credit Consciousness Week (April 24-30, 2012) was a special opportunity to learn about the importance of good credit. Last week, we discussed how important credit score is in personal finance. It can affect our application for mainly all types of loans: While good credit helps boost credit score, bad credit almost always pulls it...