fr. www.bworldonline.com (Click HERE for original article)
A BOOMING stock market has expanded the Philippines’ billionaires’ list to a record 11, with the combined wealth of the 40 richest also hitting an all-time high, Forbes.com said yesterday.
Shopping mall king Henry Sy, 86, saw his assets surge by 44% to $7.2 billion over the past year and remains the Philippines’ richest man, the Web site said in an annual update.
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One
site describes Manny Pacquiao's business acumen as it is quoted with the following:
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Manny Pacquiao and his wife, Jinkee Pacquiao, have become a business duo here in General Santos City, Philippines.
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We have been receiving comments from people who have sums of monies and who would like to start a business. This can be quite a tricky question to give light to and I am not going to make specific advice on your personal circumstances since we are all in different situations, aside from the many varied dialects that we communicate with.
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(The Philippine Star) Updated June 02, 2011 12:00 AM
WASHINGTON DC--Around one percent of households have 39 percent of the globe’s wealth according to a study published Tuesday, pointing to increased inequalities in the wake of the global downturn.
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