Tag Philippines

Forbes: Forty Richest Filipinos 2008

Update: Check out the “The 40 Richest Filipinos of 2009“.

No, it’s not the NBA Fantasy League, that teams/people are sliding back and forth.

I once posted about the earlier list of the Philippines’ Top 40 Richest people. Forbes released once again an updated list for 2008:

Rank Name Net Worth ($mil) Age
1 Henry Sy & family 3,100 83
2 Lucio Tan & family 1,500 74
3 Jaime Zobel de Ayala & family 1,200 74
4 Andrew Tan 700 57
5 Tony Tan Caktiong & family 690 58
6 John Gokongwei Jr. & family 680 81
7 Eduardo Cojuangco Jr. 610 73
8 Enrique Razon Jr. 525 48
9 George Ty & family 435 75
10 Inigo & Mercedes Zobel 430 NA
11 Manuel Villar 425 58
12 Emilio Yap & family 420 82
13 Vivian Que Azcona & family 360 NA
14 Beatrice Campos & family 325 NA
15 Luis Virata 270 54
16 Oscar Lopez & family 240 78
17 Andrew Gotianun 235 80
18 Alfonso Yuchengco & family 200 85
19 Mariano Tan & family 195 NA
20 Manuel Zamora 130 69

CONTINUED

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The University of the Philippines System

Continuing with the celebration of the University of the Philippines’ 100-year anniversary, an article about the UP System appeared in the Manila Bulletin (MB).

The article actually “used” to be available online, and I should have linked to that instead. But for some unknown reasons, MB doesn’t keep its articles online for quite a long period of time. I’m reposting the article here in its entirety. For any problem/issues with this act, please do leave a comment below and I’ll gladly drop this article. After all, I just deem it worth sharing:

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Pertinent Articles on RA 9504

There are pertinent articles regarding RA 9504 over at Punongbayan & Araullo’s Press Room. They describe the issues surrounding the law.

You can read the articles here, here, and here.

Many concerns have been raised, and my favorite:

Is this really what RA 9504 intended — to create and encourage absurd situations? Can’t the BIR, at least, read the real intent of RA 9504 and help promote social justice by saying that any income received by a worker over and above the minimum wage, to the extent that the tax distortion is eliminated and the take home pay is equalized, be still exempt from taxes as a MWE?

It may be difficult to justify such move, considering that the flaw is in the law itself. But the BIR was able to do it in certain instances in the past.

With these good, pertinent, and timely articles from an accounting firm website, P&A would have better hosted a discussion by offering comments or provided a forum. It would have been a good discussion, instead of just a lone standing article.

Back to Back: Surigao and Palawan

Got to visit Surigao and Palawan recently for a business trip. To make good on my promise, I brought prime lenses only in those two places: the Canon EF 85mm f/1.8 USM and its younger brother, the Canon EF 28mm f/1.8 USM lenses.

Visit my flickr account for more pictures.

Eraserheads reunion concert cut short

Ely Buendia rushed to hospital; Eraserheads reunion concert cut short

No, I wasn’t in the event. And this is the sad news that broke when I arrived home.

The Eraserheads reunion concert on Saturday night at the Bonifacio Global City Open Field was cut short after lead singer Ely Buendia suffered “emotional and physical stress.”

There should really be a part 2…or maybe a reunion for good. Whatchathink?

Jayvee of abuggedlife.com shares a video of the concert: Eraserheads Reunion Opens with Alapaap.

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