We beg to differ.
First it was high prices and “galloping inflation” — something the Philippines’ community of snowflake “activists” screeched about. Now everybody’s panties are in a knot over crashing rice prices at the farmgate. So what is really behind the movement of prices? Just last year, resident economics “expert” JC Punongbayan fixated on the nuances in the…
Read More “Rappler “economist” @JCPunongbayan is growing up!” »
Tightened labour contracting laws is good. It will force businesses to rely less on labour and be more reliant on technology and capital solutions to improve productivity. When the process of hiring workers is convoluted and highly-regulated, well, why bother, right? Tighter labour regulations and higher minimum wages could therefore kill lazy entrepeneurs and reward…
The Philippines is a vulnerable society — vulnerable because, though it is resource-rich, it is almost wholly dependent on external capital for its survival. Japan and Singapore, for example, are resource-poor countries, yet they are among the world’s most prosperous and highly-developed. The Philippines along with many African and South American countries lie in a…
Read More “The Philippines is going down a FAKE development path” »
Look more closely at the facts surrounding the much-vaunted stellar growth of the Philippine over the last several years and one will find the same old disturbingly-familiar drivers of that growth. Or, rather, it is the absence of the right drivers that is more disturbing. Growth is still chugging along the traditional way — through…
Read More “Filipinos’ addiction to OFW remittances is incompatible with economic development” »
A trade war between the United States and China presents a wealth of opportunity to the Philippines — if, of course, Filipinos are up to the challenge of seizing them. Up for grabs is a bonanza for suppliers of goods and services that the US is set to cut China out of if this “war”…
Read More “The Philippines needs to gear up to exploit the US-China “trade war”!” »
For all the noise about the growing number of Chinese workers flooding the Philippines, very few “activists” have raised this most important question of all. Why do Chinese workers attract bigger wages than Filipino workers? Furthermore, it seems employers of Chinese workers in the Philippines are willing to take significant effort and incur the cost…
Read More “Why are Chinese workers WORTH MORE than Filipino workers in the job market?” »
Last we recall, the Philippines is propped up by overseas foreign workers (OFWs) to the tune of 10% of its economy and Filipino households down to the lower middle classes (a household demographic range where many commie “activists” were raised) are sustained by armies of servants paid slave wages. So when we see chi-chi “activists”…
Indeed, the Chinese know how thing “work” in the Philippines. They have, after all, been prominent figures in Philippine industry since the Middle Ages. They know enough to fly above the radars of the natives and deal directly with the powers-that-be. That strategy of knowing and dealing with the right people continues to this day….
Read More “China knows how things “work” in the Philippines” »
