SmarTrade, a training and consultancy company providing free financial education led by its president and CEO Joyce Mayo, recently welcomed key executives of global online trading broker ATFX to its headquarters in Makati City, Philippines. The visit of ATFX’s chief commercial officer Siju Daniel, Southeast Asia CEO Jeff Hsu, and business development manager Journey Zeng...
Tag: finance
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Music and lyrics from the 2024 budget
An interesting way to understand the 2024 budget is to look at it as a menagerie of songs. For the President, it is the song “I Did It My Way.” The 2024 budget stands at ₱5.768 trillion, which is equivalent to what he proposed to Congress in June. This amount is ₱1.5 trillion higher than the revenues...
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My understanding of economics
High prices often confront us. Government is trying to control inflation, which is increasing beyond its desired levels—an ideal of about 2% annually but currently is about 9%. Why do prices increase and why do they drop? Why do things appreciate and increase in value over time? Why do they depreciate? Market forces, we are...