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Ads Zens, Visioner 2020, Reyality Investment: Ponzi scams?

With most Filipino victims in the Visayas and Mindanao still reeling from the impact of the large-scale Aman Futures Group investment scam, the Securities and Exchange Commission (SEC) recently stepped up and forewarned the public against investing in three companies which appear to have makings of a possible Ponzi scheme.

Last month, the SEC issued a notice to the public that Ads Zens Broker Corp., Visioner2020 International Traders Inc., and Reyality Investment Corp. appear to be “high-yield, high-risk investment which may turn out as a fraudulent scheme.”

Income Distribution in the Philippines: Rich vs. Poor and Social Class Structure

Let’s have this short quiz. Look at the picture below and answer the following questions.
Question #1: Which Type, among the five types below, you think best describes the current income structure in the Philippines?
Question #2: Which Type, for you, should be the ideal income class distribution in the country?

Is PLDT owned by foreigners?

The recent Supreme Court ruling ordering the Securities and Exchange Commission (SEC) to look into the extent of foreign ownership in PLDT raises a very important question: Did the telecommunications giant violate the Philippine Constitution with regard to the maximum 40% foreign equity rule?

In layman’s terms, the Supreme Court is basically asking the SEC: is PLDT owned by Filipinos or by foreigners?

Defining who's rich: How rich is "rich" in the Philippines?

Who are considered “rich” in the Philippines?
It’s supposedly easy if we define “rich” as those belonging to the list of the Top 10 Richest Filipinos. However, even if your net worth does not run into billions of pesos, you may still be considered “rich” as per the definition of the National Statical Coordination Board (NSCB).