Real estate stocks show mixed performance; data center REITs gain, health care REITs lose
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BIR clarifies rules on early PERA withdrawals
The Bureau of Internal Revenue has clarified the rules on early withdrawals from Personal Equity and Retirement Accounts, noting that the 20 percent penalty will apply only to income attributable to…
Government mulls higher profit share in Semirara coal deal
The Marcos administration is weighing a larger share of proceeds from the new contract covering the Semirara coal mine in Antique, as the auction process faces further delays.
Borderless banking
Picture a nurse finishing a night shift in a Los Angeles hospital, checking her phone in the parking lot before she drives home, or an engineer in Silicon Valley, stepping out of a meeting to send…
- Filipinos send $39.6 billion back home in 2025, equivalent to 7% of the Philippines GDP
- RCBC partnered with Filipino American chambers to develop borderless banking solutions
- RCBC's virtual account offers quick account opening and waives wire transfer fees for US accounts
The Risk-Amplifying Strategy That Led to Big Losses at Situational Awareness
WSJ’s Peter Rudegeair explains what Wall Street calls a ‘Texas hedge’—and how the Situational Awareness hedge fund used it to bet big on artificial intelligence.