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…
- BIR clarifies early PERA withdrawals with 20% EWP only on withdrawn income
- Income, unrealized gains remain tax-free under new rules
- Clarification aligns with BIR's taxpayer-centric DARES initiative
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.
- Government considering higher profit share in Semirara coal deal.
- Current agreement requires 30% of net gains to Energy Department.
- Auction for new contract delayed, may extend to November.
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
MiB: Ankur Crawford, Portfolio Manager, Alger Capital Appreciation
This week, I speak with Ankur Crawford, Executive Vice President at Alger and Portfolio Manager of the Alger Capital Appreciation, Focus Equity, and Spectra Strategies.
- Ankur Crawford is Alger Capital Appreciation's Portfolio Manager.
- She focuses on thorough research, diversification, and market trends for investment strategy.
