Equity

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The 25 wealthiest families added $312 billion to their collective fortunes, a 22% gain since last August. — Bloomberg (@business) November 30, 2021

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Forbes said the Philippines' 50 richest saw their collective wealth rise by 30% to $79 billion Top three collectively got richer by $6B — Sy siblings remain at the top with $16.6 billion, followed by Manuel Villar at $6.7 billion, Enrique Razon Jr. with $5.8 billion @bworldph pic.twitter.com/IIOjUbIveb — Keren Concepcion Valmonte (@kayceevalmonte) September 9,…

BREAKING: Billionaires have gotten $1.8 trillion richer, nearly all tax-free, since the pandemic began. Don't tell us we can't afford a bold reconciliation package that invests at least $4 trillion in jobs and families, paid for by fairer taxes on the rich and corporations. pic.twitter.com/FCj5evDZbV — Americans For Tax Fairness (@4TaxFairness) July 14, 2021

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Despite the coronavirus pandemic ruining the global economy, Filipino billionaires saw their wealth grow. Their combined wealth totals $45.6 billion (P2.2 trillion), based on Forbes' 2021 billionaires list. For perspective, the Philippines' 2021 national budget is P4.5 trillion. pic.twitter.com/ypBqr8JZBI — Rappler (@rapplerdotcom) April 7, 2021

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By Cai Ordinario, Businessmirror, 16 Jan 2020 The extended duration of paid maternity leave approved by the government allowed the Philippines to register a slight improvement in its score in the 2020 edition of the World Bank’s Women, Business and the Law (WBL) index.

There are 52,135 Filipinos who are worth at least $1 million, according to Credit Suisse’s annual global wealth report.

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By: Win Gatchalian, Sep 1, 2017 Senator Win Gatchalian on Wednesday urged the national government to put into place a concrete plan to implement the cash transfer program meant to shield poor Filipinos from the inflationary effects of the proposed tax reform package, which is still pending legislative approval.

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by Sarah Anderson, Aug 7, 2017 This week I got called a bully. What provoked the name-calling was a Securities and Exchange Commission vote on Wednesday to adopt regulations requiring corporations to disclose the gap between what they pay their CEO and their workers. The commissioners voted 3 to 2 along straight party lines.

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CNBC, Jun 15, 2017 Asian financial centres Singapore and Hong Kong will attract more wealth from within and outside the region in the coming years – a development that will help to propel Asia Pacific to become the world’s wealthiest region by 2019, a study by Boston Consulting Group showed.

Saturday, Mar 04, 2017 An agreement to enhance trade linkages and foster sustainable, inclusive and innovative growth marked a positive wrap-up to the first Senior Officials’ Meeting (SOM 1) and other related APEC meetings on Friday.

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By Richard Dobbs, Anu Madgavkar, James Manyika, Jonathan Woetzel, Jacques Bughin, Eric Labaye, and Pranav Kashyap The real incomes of about two-thirds of households in 25 advanced economies were flat or fell between 2005 and 2014. Without action, this phenomenon could have corrosive economic and social consequences.

by Victor C. Manhit, Businessworld, November 16, 2016 Peru’s hosting of this year’s Asia-Pacific Economic Cooperation (APEC) culminates with the economic leaders’ meeting this week. Designed to promote trade liberalization in the Asia-Pacific region, APEC has nevertheless prioritized agendas that underscore the importance of investing in human capital to build sustainable and inclusive economies. Fittingly,…

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By: Jose Bimbo F. Santos, Bloomberg TV Philippines, August 8, 2016 MANILA – From drug pushers, to miners, President Rodrigo Duterte is also training his sights on oligarchs, and singled out Wednesday former trade minister and Philweb Corporation chairman Roberto Ongpin as an oligarch he wants to destroy. A day after the President’s tirade, shares…

http://www.mckinsey.com/global-themes/employment-and-growth/income-inequality-why-so-many-households-are-not-advancing?cid=podcast-eml-alt-mip-mgi-oth-1608 Incomes from wages and capital were flat or fell for two-thirds of households in 25 advanced economies between 2005 and 2014—an explosive increase from less than 2 percent in the previous decade.

http://tacticalinvestor.com/inequality-crisis-62-people-own-as-much-as-3-6-billion-poor-people/?nabe=4593351574159360:0,5209553216471040:0,5652500441464832:0&utm_referrer=https%3A%2F%2Ft.co%2F4gar1BwlIf Things continue to go from bad to worse; if you look at the dates, you will notice that conditions started deteriorating rapidly after 2010. 2009 was when the world experienced one of the worst financial catastrophes of all time. How did the U.S government decide to deal with this meltdown that was perpetrated by…

The allure of extreme wealth can contort human sympathies, causing the public to admire the wealthy and shun the poor. by DENNIS C. RASMUSSEN JUN 9, 2016,http://www.theatlantic.com/business/archive/2016/06/the-problem-with-inequality-according-to-adam-smith/486071/?utm_source=feedburner&utm_medium=feed&utm_campaign=Feed:+TheAtlantic+(The+Atlantic+-+Master+Feed)#utm_sguid=112502,b9855a9e-c34b-0f00-f665-80a0c498b2b7 One of the more memorable statements of Barack Obama’s presidency thus far has been his claim, in a high-profile December 2013 speech, that great and growing economic inequality…

The new wave Surprisingly little is known about the causes of inequality. A Serbian-American economist proposes an interesting theory IT’S a golden age for studying inequality. Thomas Piketty, a French economist, set the benchmark in 2014 when his book, “Capital in the Twenty-First Century”, was published in English and became a bestseller. The book mapped…