Category: Business

Marcos Returns from Washington with an UNFAIR DEAL for the Filipino people

Posted on By Ramon Ortoll 18 Comments on Marcos Returns from Washington with an UNFAIR DEAL for the Filipino people
Marcos Returns from Washington with an UNFAIR DEAL for the Filipino people

“It may be dangerous to be America’s enemy, but to be America’s friend is fatal.” Henry Kissinger President Ferdinand Marcos Jr. has concluded his visit to the United States. Marketed as a reaffirmation of “ironclad friendship” between Manila and Washington, the trip was hyped by Malacañang as a breakthrough moment for Philippine economic and security…

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Business, Economy, Government

Super Bowl Monday Why It Might Be Fun Even For You

Posted on By Gogs 15 Comments on Super Bowl Monday Why It Might Be Fun Even For You
Super Bowl Monday Why It Might Be Fun Even For You

It  is a weird premise: early Monday morning party with the possibility of beer. Now how could  it  be fun even if one could care less about the NFL?    Food and Drink Really Early My friend Alan and I have been going or attempting to go to Super Bowl viewing events in Manila since around…

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Business, Culture, Glitz and Glamour

Do billionaires work a billion times harder than ordinary people?

Posted on By benign0 2 Comments on Do billionaires work a billion times harder than ordinary people?
Do billionaires work a billion times harder than ordinary people?

No they don’t. If that were true then we may as well ask if Singaporeans work ten times harder than Filipinos seeing that their per capita income is ten times that of the Philippines. As a matter of fact, billionaires and Singaporeans work less than the average Filipino. For that matter, rich people work less…

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Business

Traditional values come back to bite woke “diversity” sentiment in the West as conservative parties score gains

Posted on By benign0 No Comments on Traditional values come back to bite woke “diversity” sentiment in the West as conservative parties score gains
Traditional values come back to bite woke “diversity” sentiment in the West as conservative parties score gains

“Activist” groups and their mainstream media allies are branding recent political developments in Europe (and, to some extent, the rest of the world) as a shift to the “far right”. Earlier this year, analysts in Europe were already seeing “a significant chance the far right will, for the first time, be able to influence Europe’s…

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Business, Politics, Society

Mayor Alice Guo of Bamban, Tarlac: unlikely to be a Chinese spy

Posted on By Ramon Ortoll No Comments on Mayor Alice Guo of Bamban, Tarlac: unlikely to be a Chinese spy
Mayor Alice Guo of Bamban, Tarlac: unlikely to be a Chinese spy

Is Alice Guo, current mayor of Bamban, Tarlac, a Chinese spy? Not likely. Is she a Philippine Offshore Gaming Operation (POGO) operator? More than likely she is. The Chinese have been coming to the Philippines even before the Spanish arrived on our shores. This is why we have the oldest Chinatown in the world. The…

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Business

Boo for Pop Culture Racism but Hooray for Economic Bigotry!

Posted on By Hector Gamboa 2 Comments on Boo for Pop Culture Racism but Hooray for Economic Bigotry!
Boo for Pop Culture Racism but Hooray for Economic Bigotry!

Remember the time when Filipinos read about this e-mail chain, that supposedly came from a Filipino tabloid spread, which tells of Tommy Hilfiger purportedly saying that had he known that Black people and Asians would buy his clothes, he never would have made them so nice? How about the time when Teri Hatcher’s character in…

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Business, Charter Change, Economy, Politics

US good, China bad and Filipinos lap it all up

Posted on By Ramon Ortoll 2 Comments on US good, China bad and Filipinos lap it all up
US good, China bad and Filipinos lap it all up

Interesting how Boo Chanco in his piece “Wounded Tiger” makes him the second PhilStar columnist to write about China’s looming economic woes and use the same quote as if copying from a press release. Nobel Prize winning economist Paul Krugman wrote in the New York Times that China “is suffering from ‘economic long COVID,’ a…

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Business, Economy

Runaway inflation highlights the Philippines’ fundamental weaknesses: addiction to imports and corrupt bureaucracy

Posted on By Ramon Ortoll 6 Comments on Runaway inflation highlights the Philippines’ fundamental weaknesses: addiction to imports and corrupt bureaucracy
Runaway inflation highlights the Philippines’ fundamental weaknesses: addiction to imports and corrupt bureaucracy

It’s easy to blame higher rice prices on the previous administration for passing the rice tarrification law when one conveniently forgets the corruption that came with rice import permits. Importers were openly paying farmers’ cooperatives to apply for permits which they used to import rice. The cooperatives didn’t have the financial capacity to import which…

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Business, Economy