The Philippines, having a strong real-estate industry with an increase in expenditures of private real estate developers in terms of construction and developments of residential and commercial high-rise buildings, plus the
influx of remittances by Overseas Filipino Workers, a booming tourism, and a growing number of offshore businesses, sees the current times as a good opportunity in having a bill on Real Estate Investment Trusts
(REITs) in the country.

Authored by Sen. Edgardo Angara, a bill on Philippine REITs has already been deliberated upon in the Senate and House of Representatives since January of 2009. The said bill has already been implemented and
benefited countries like Australia, Belgium, Bulgaria, Canada, France, Germany, Italy, the Netherlands and also around Asia such as Japan, Korea, Malaysia, Singapore, Taiwan, and Thailand.

As such , the REITASIAPACIFIC – Philippines 2009 Conference on September 30, 2009 at the Heritage Hotel Manila, and organized by The Pinnacle Group International, will discuss the future of REITs in the Philippines – how will it affect the equity market of the country, possible risks involve, the valuation of offshore and domestic IPOs, and identifying potential problems on the taxation, among related matters.

Delivering the key note speech is REITs author himself, Sen. Angara. Private and publicly listed real estate developers, legislators, regulators, and investment analysts will also be present to tackle further relevant issues on REITs.

The conference is supported by The Philippine Stock Exchange Inc., Asia Pacific Real Estate Association, and Money Market Association of the Philippines.

To know more about this event, please contact: Eric Khoo, AV P, head of sales project head (+65 6846-2703, [fax] +65 6747-6131, eric.khoo@tpgi.org); Ed Gallinero, conference head (+65 6846- 2711, [fax] +65 6747-6131, ed.galliner@tpgi.org; Jen Mansilla, conference executive (+65 6846-2709, [fax] +65 6747-6131), jen.mansilla@tpgi.org.

For marketing and media opportunities, please contact: Angel Rellama, senior marketing executive (+65 6846-2713, [fax] +65 6747-6131, angel.rellama@tpgi.org).

How to be a Millionaire by 40

You’re either a gym owner, a serial entrepreneur, a dermatologist, a real estate player, a direct seller, or an insurance manager – as long as you’re determined, there is no stopping you to become a millionaire by 40.

Learn your way to a million –and more – through the stories of Gold’s Gym CEO and columnist Mylene Dayrit, serial entrepreneur Gwen De La Paz, dermatologist Dr. Theresa Tan-Pascual, real estate player Eduard Tolosa, Avon sales leader Mila Flores, and Philam Life unit manager Jeanette Fabico share in the September-October issue of MoneySense.

Also in this issue is Deputy Minority Leader and Bukidnon Representative TG Guingona (son of former Vice President Teofisto Guingona), talking about real estate, politics, and why it is important to stick our budget.

This September-October issue of the Philippines’ only personal finance magazine also carries articles about how to write your last will and testament; investing on margins; eight reasons why the gold price will rise, checking your checking account.

Also, Bank of the Philippine Islands president and CEO Aurelio Montinola III gives tips on how to cope with the continuing global and economic crisis. Read also the buyer’s guide on home theater system; saving on your electric bill, and what to do when the product you bought poses health hazards.

Currently available in over 200 outlets nationwide, MoneySense is founded by veteran business and finance journalists with a combined 50 years of publishing experience. To learn more about MoneySense, visit www.moneysense.com.ph. For subscriptions, contact 339-3361, 728-1073 or email info@moneysense.com.ph.