Wonderful opportunities don’t last long, yet hurrying can be one of the worst mistakes you can do when trying to start a business deal or investing in the Philippines. If you’re concerned about a company’s or individual’s legitimacy, or simply want to be safe, it’s always a good idea to double-check before doing business with […]
Everyone doing business in a foreign country should know that one of the basic rules to being successful and safe, and profitable, is to verify the facts. Getting a return on your investment requires homework upfront, and failing to due proper due diligence leads to failure in most cases. Don’t put your capital at any […]
The World Bank recently released its annual Ease of Doing Business Report for 2015, with bad news for the local and foreign investors in the Philippines. According to the report, the Philippines ranking for doing business has dropped from position 86 in 2014 to 95 for 2015. While 80% of countries in the study improved […]
The Philippines central bank, BSP, announced a few days ago its concern about Bitcoin and how it could be used for money laundering. Virtual currencies have had a rather controversial birth in the structure of traditional economies, and authorities are sending a warning to lower fraud risk in the Philippines. Bitcoin started circulating in 2009 […]
Investors around the world have been focusing on the Philippines for the past few years as the Asian country is becoming an important spot for property and financial investment. The risk for fraud in the Philippines, however, continues to be a significant barrier to entry. According to the Urban Land Institute and Price Waterhouse Coopers […]