^
+ Follow FINANCE AND ACCOUNTING DEPARTMENT Tag
Array
(
    [results] => Array
        (
            [0] => Array
                (
                    [ArticleID] => 1327908
                    [Title] => Blog: Finance and Romance – The Question of Financial Compatibility
                    [Summary] => 

Looking at my newsfeed on Facebook, I see a lot of my acquaintances and friends getting engaged or tying the knot. I am now 26, and many of my friends are roughly the same age. Although being in a committed and exclusive relationship allows potential partners to discover more about their potential spouses, one aspect behind relationships that is often neglected is financial compatibility.

[DatePublished] => 2014-05-27 15:56:30 [ColumnID] => 0 [Focus] => 0 [AuthorID] => 1197717 [AuthorName] => By Lester Yee, contributing columnist [SectionName] => Business [SectionUrl] => business [URL] => ) [1] => Array ( [ArticleID] => 1327526 [Title] => Blog: Profit and Sustainability [Summary] =>

I have personally experienced the aversion of welfare workers to the concept of profit. While teaching management analysis for the masters program of the Development Academy of the Philippines for the Doctors to the Barrio, I was evaluating initial project proposals of the students for projects. One issue that I had with some of these project proposals was sustainability.

[DatePublished] => 2014-05-26 16:43:37 [ColumnID] => 0 [Focus] => 0 [AuthorID] => 1460670 [AuthorName] => Lester Yee, contributing columnist [SectionName] => Business [SectionUrl] => business [URL] => ) [2] => Array ( [ArticleID] => 1326978 [Title] => Blog: Financial Literacy Caravans [Summary] =>

Last 2013, I was fortunate enough to have been invited as part of the pool of speakers of an organization called Junior Confederation of Finance Associations – Philippines. This student organization is an alliance of different college-based student organizations of Finance majors, from many different parts of the Philippines.

[DatePublished] => 2014-05-24 20:40:30 [ColumnID] => 0 [Focus] => 0 [AuthorID] => 1460670 [AuthorName] => Lester Yee, contributing columnist [SectionName] => Business [SectionUrl] => business [URL] => ) [3] => Array ( [ArticleID] => 1325345 [Title] => Blog: Why I still believe in saving in a bank [Summary] =>

Thirty years ago, I heard that interest rates from the banking system were about 20% per year. Back then, it seemed to make perfect sense to deposit money in the bank. As discussed before, interest is the price of money, and interest revenue represents the price that a bank pays for the use of your money when you deposit. In simplified terms, banks channel money by accepting deposits from clients and lending to businesses and consumers. Banks charge a higher interest to those who borrow, and pay part of this interest to clients.

[DatePublished] => 2014-05-20 18:19:30 [ColumnID] => 0 [Focus] => 0 [AuthorID] => 1460670 [AuthorName] => Lester Yee, contributing columnist [SectionName] => Business [SectionUrl] => business [URL] => ) [4] => Array ( [ArticleID] => 1324896 [Title] => Dealing with Debt [Summary] =>

Let’s say that when you read this article, you are already buried in debt. Your credit card bill is already very high, and you receive calls left and right from the bank or from collection agencies. You racked up “personal debt” from relatives and former friends, and you have neglected paying them. This may have been due to some financial emergency such as a medical emergency or just irresponsibility on your part. If you are faced with this situation, what should you do?

[DatePublished] => 2014-05-19 14:56:30 [ColumnID] => 0 [Focus] => 0 [AuthorID] => 1460670 [AuthorName] => Lester Yee, contributing columnist [SectionName] => Unblogged [SectionUrl] => unblogged [URL] => ) [5] => Array ( [ArticleID] => 1323423 [Title] => Understanding the Power of Credit Cards [Summary] =>

Credit card debt is by far one of the biggest problems of many Filipinos. According to statistics compiled by the Bangko Sentral ng Pilipinas, total credit card debt in the Philippine banking system has totaled Php157.394 billion, with Php15.141 billion of these classified as non-performing. These standards are very alarming, and many online sites have given tips on how to reduce or eliminate credit card debt. However, it is important to understand credit cards and how they work, to be able to realize the true value and power of a credit card.

[DatePublished] => 2014-05-15 15:13:30 [ColumnID] => 0 [Focus] => 0 [AuthorID] => 1460670 [AuthorName] => Lester Yee, contributing columnist [SectionName] => Business [SectionUrl] => business [URL] => ) [6] => Array ( [ArticleID] => 1323056 [Title] => Vested Interests [Summary] =>

As I discussed last time, money has a price, and this price is called interest. When you borrow money from a bank, a micro-financing institution or an informal money lender, you have to pay interest. However, interest rates and interest computations vary. It is thus important for any borrower to gain an understanding of the mechanics of interest.

[DatePublished] => 2014-05-14 16:28:32 [ColumnID] => 0 [Focus] => 0 [AuthorID] => 1460670 [AuthorName] => Lester Yee, contributing columnist [SectionName] => Business [SectionUrl] => business [URL] => ) ) )
FINANCE AND ACCOUNTING DEPARTMENT
Array
(
    [results] => Array
        (
            [0] => Array
                (
                    [ArticleID] => 1327908
                    [Title] => Blog: Finance and Romance – The Question of Financial Compatibility
                    [Summary] => 

Looking at my newsfeed on Facebook, I see a lot of my acquaintances and friends getting engaged or tying the knot. I am now 26, and many of my friends are roughly the same age. Although being in a committed and exclusive relationship allows potential partners to discover more about their potential spouses, one aspect behind relationships that is often neglected is financial compatibility.

[DatePublished] => 2014-05-27 15:56:30 [ColumnID] => 0 [Focus] => 0 [AuthorID] => 1197717 [AuthorName] => By Lester Yee, contributing columnist [SectionName] => Business [SectionUrl] => business [URL] => ) [1] => Array ( [ArticleID] => 1327526 [Title] => Blog: Profit and Sustainability [Summary] =>

I have personally experienced the aversion of welfare workers to the concept of profit. While teaching management analysis for the masters program of the Development Academy of the Philippines for the Doctors to the Barrio, I was evaluating initial project proposals of the students for projects. One issue that I had with some of these project proposals was sustainability.

[DatePublished] => 2014-05-26 16:43:37 [ColumnID] => 0 [Focus] => 0 [AuthorID] => 1460670 [AuthorName] => Lester Yee, contributing columnist [SectionName] => Business [SectionUrl] => business [URL] => ) [2] => Array ( [ArticleID] => 1326978 [Title] => Blog: Financial Literacy Caravans [Summary] =>

Last 2013, I was fortunate enough to have been invited as part of the pool of speakers of an organization called Junior Confederation of Finance Associations – Philippines. This student organization is an alliance of different college-based student organizations of Finance majors, from many different parts of the Philippines.

[DatePublished] => 2014-05-24 20:40:30 [ColumnID] => 0 [Focus] => 0 [AuthorID] => 1460670 [AuthorName] => Lester Yee, contributing columnist [SectionName] => Business [SectionUrl] => business [URL] => ) [3] => Array ( [ArticleID] => 1325345 [Title] => Blog: Why I still believe in saving in a bank [Summary] =>

Thirty years ago, I heard that interest rates from the banking system were about 20% per year. Back then, it seemed to make perfect sense to deposit money in the bank. As discussed before, interest is the price of money, and interest revenue represents the price that a bank pays for the use of your money when you deposit. In simplified terms, banks channel money by accepting deposits from clients and lending to businesses and consumers. Banks charge a higher interest to those who borrow, and pay part of this interest to clients.

[DatePublished] => 2014-05-20 18:19:30 [ColumnID] => 0 [Focus] => 0 [AuthorID] => 1460670 [AuthorName] => Lester Yee, contributing columnist [SectionName] => Business [SectionUrl] => business [URL] => ) [4] => Array ( [ArticleID] => 1324896 [Title] => Dealing with Debt [Summary] =>

Let’s say that when you read this article, you are already buried in debt. Your credit card bill is already very high, and you receive calls left and right from the bank or from collection agencies. You racked up “personal debt” from relatives and former friends, and you have neglected paying them. This may have been due to some financial emergency such as a medical emergency or just irresponsibility on your part. If you are faced with this situation, what should you do?

[DatePublished] => 2014-05-19 14:56:30 [ColumnID] => 0 [Focus] => 0 [AuthorID] => 1460670 [AuthorName] => Lester Yee, contributing columnist [SectionName] => Unblogged [SectionUrl] => unblogged [URL] => ) [5] => Array ( [ArticleID] => 1323423 [Title] => Understanding the Power of Credit Cards [Summary] =>

Credit card debt is by far one of the biggest problems of many Filipinos. According to statistics compiled by the Bangko Sentral ng Pilipinas, total credit card debt in the Philippine banking system has totaled Php157.394 billion, with Php15.141 billion of these classified as non-performing. These standards are very alarming, and many online sites have given tips on how to reduce or eliminate credit card debt. However, it is important to understand credit cards and how they work, to be able to realize the true value and power of a credit card.

[DatePublished] => 2014-05-15 15:13:30 [ColumnID] => 0 [Focus] => 0 [AuthorID] => 1460670 [AuthorName] => Lester Yee, contributing columnist [SectionName] => Business [SectionUrl] => business [URL] => ) [6] => Array ( [ArticleID] => 1323056 [Title] => Vested Interests [Summary] =>

As I discussed last time, money has a price, and this price is called interest. When you borrow money from a bank, a micro-financing institution or an informal money lender, you have to pay interest. However, interest rates and interest computations vary. It is thus important for any borrower to gain an understanding of the mechanics of interest.

[DatePublished] => 2014-05-14 16:28:32 [ColumnID] => 0 [Focus] => 0 [AuthorID] => 1460670 [AuthorName] => Lester Yee, contributing columnist [SectionName] => Business [SectionUrl] => business [URL] => ) ) )
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