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Category: Economy

OFWs are a LIABILITY because they are turning the Philippine economy into an OBESE economy

Posted on April 30, 2018 By benign0 8 Comments on OFWs are a LIABILITY because they are turning the Philippine economy into an OBESE economy
OFWs are a LIABILITY because they are turning the Philippine economy into an OBESE economy

We see today the Philippines has an obese economy. Its bones (infrastructure and capital base) are buckling under the weight of sugar-fed fat it accumulated through OFWism and consumerism. Overseas Filipino Workers (OFWs) are the equivalent of revenue candy fed to a malnourished economy. They provide a short-term energy fix that gets that next meal…

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Culture, Development, Economy

Do Filipinos want to continue to be known as the world’s servants?

Posted on April 29, 2018 By benign0 22 Comments on Do Filipinos want to continue to be known as the world’s servants?
Do Filipinos want to continue to be known as the world’s servants?

The latest brouhaha surrounding the diplomatic row with Kuwait that erupted following the going “viral” of a video of a “rescue operation” instigated by Filipino diplomatic personnel there has attracted much debate. The “discussion” surrounding this circus focuses on the minutiae of the debacle the Philippine government finds itself in in the immediate aftermath. What…

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Culture, Development, Economy, Society

The Philippine Government should APOLOGISE to Kuwait on behalf of ALL Filipinos

Posted on April 27, 2018 By benign0 7 Comments on The Philippine Government should APOLOGISE to Kuwait on behalf of ALL Filipinos
The Philippine Government should APOLOGISE to Kuwait on behalf of ALL Filipinos

The “diplomatic crisis” between the Philippines and Kuwait is fast snowballing into a circus bigger than Ben Hur. At the heart of the matter is the inability to just simply apologise — essentially the same character flaw that turned the 2010 Hong Kong tourist massacre crisis into a similar diplomatic debacle. The only real pathway…

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Culture, Economy

Filipino dependence on overseas employment is what is at the root of the Kuwait “diplomatic crisis”

Posted on April 26, 2018 By benign0 5 Comments on Filipino dependence on overseas employment is what is at the root of the Kuwait “diplomatic crisis”
Filipino dependence on overseas employment is what is at the root of the Kuwait “diplomatic crisis”

Back in the old days before social media there was a particularly “viral” email going around that enjoined humanity to “imagine a world without Overseas Filipino Workers”. The author of the email went on the wax poetic about such a world where there’d be catastrophic shortages in nurses, elderly care, welders, and all sorts of…

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Development, Economy

Filipinos’ concern over a depreciating peso is due to a pathetic dependence on imports

Posted on April 4, 2018 By benign0 39 Comments on Filipinos’ concern over a depreciating peso is due to a pathetic dependence on imports
Filipinos’ concern over a depreciating peso is due to a pathetic dependence on imports

A depreciating peso wouldn’t really be an issue if Filipinos are able to produce what they consume and sell what they don’t consume to an export market. The trouble is, the Philippines is not a producer of valuable enough stuff and prefer, instead, the lazy option of “producing” and selling low-value raw stuff. I enclosed…

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Economy, Money Talks

Filipinos have no choice but to pay more taxes

Posted on March 13, 2018 By benign0 7 Comments on Filipinos have no choice but to pay more taxes
Filipinos have no choice but to pay more taxes

You can’t have your cake and eat it. If Filipinos want more and better-quality public services, they’re gonna have to cough up the dough and pay more taxes. The reality is that most of the infrastructure required to deliver the services they demand involves foreign technology and imported goods — which is why they cost…

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Development, Economy, Money Talks

The KEY to a truly intelligent political discourse that ordinary Filipinos can relate with

Posted on January 25, 2018 By benign0 5 Comments on The KEY to a truly intelligent political discourse that ordinary Filipinos can relate with
The KEY to a truly intelligent political discourse that ordinary Filipinos can relate with

I came up with a new public relations (PR) concept for Malacanang. I call it the Flypaper Trick. To understand this trick, a brief explanation of how flypaper works is in order. Flypaper is a sheet of paper coated with a strong adhesive that attracts flies that happen to be buzzing around. A fly that…

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Development, Economy, Money Talks

It is NOT TRUE that the Philippines’ new Tax Reform (TRAIN) bill is “anti-poor”

Posted on January 11, 2018January 11, 2018 By benign0 21 Comments on It is NOT TRUE that the Philippines’ new Tax Reform (TRAIN) bill is “anti-poor”
It is NOT TRUE that the Philippines’ new Tax Reform (TRAIN) bill is “anti-poor”

Every woman and her dog is saying that the recently-implemented Tax Reform for Acceleration and Inclusion (TRAIN) law is “anti-poor”. They cite how increased taxes on commodities will be an “additional burden” on the poorest Filipinos with increased costs incurred in procuring input into businesses being passed on to customers and “trickling down” to the…

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Economy, Money Talks

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