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Category: Economy

DAP is the result of Noynoy Aquino’s lack of planning, lack of foresight and lack of vision

Posted on July 17, 2014July 17, 2014 By Ilda 8 Comments on DAP is the result of Noynoy Aquino’s lack of planning, lack of foresight and lack of vision
DAP is the result of Noynoy Aquino’s lack of planning, lack of foresight and lack of vision

Nobody knew about the Disbursement Acceleration Program (DAP) outside of Philippine President Benigno Simeon “BS” Aquino’s inner circle. Not even the members of Congress and the Senate knew the program existed until the President was forced to defend giving additional P50 million each to the Senators who convicted former Supreme Court Chief Justice Renato Corona…

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Crime, Development, Economy, Government, Politics

Why was PNoy DESPERATE to accelerate disbursment of public funds from 2011-2012?

Posted on July 14, 2014July 14, 2014 By benign0 7 Comments on Why was PNoy DESPERATE to accelerate disbursment of public funds from 2011-2012?
Why was PNoy DESPERATE to accelerate disbursment of public funds from 2011-2012?

Indeed, it is too bad for the administration of Philippine President Benigno Simeon ‘BS’ Aquino III that their brainchild, the Disbursement Acceleration Program (DAP), has been deemed unconstitutional by the Philippine Supreme Court. The DAP was conceived following a disastrous economic result in 2011 when the Philippine economy grew by only a little bit more…

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Crime, Development, Economy, Government, Money Talks

Empowering Filipinos: why it hasn’t worked

Posted on July 14, 2014July 14, 2014 By FallenAngel 9 Comments on Empowering Filipinos: why it hasn’t worked
Empowering Filipinos: why it hasn’t worked

Inclusive growth – that has become sort of a buzz word for the government of current Philippine president Benigno Simeon “BS” Aquino. In fact, the definition BS Aquino has for it includes, “to empower citizens to become bona fide actors who productively contribute to nation building”. It sounds nice really, but the results up to…

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Development, Economy, Lifestyle, Politics, Society

Financial Times Editor David Pilling confirms Philippine economy grew on back of Arroyo’s legacy

Posted on July 13, 2014 By benign0 37 Comments on Financial Times Editor David Pilling confirms Philippine economy grew on back of Arroyo’s legacy
Financial Times Editor David Pilling confirms Philippine economy grew on back of Arroyo’s legacy

Where are we now? No one knows. We don’t know whether we are coming or going or how far we are in our journey to whatever was promised to the Filipino during President Benigno Simeon ‘BS’ Aquino III’s campaign. All we know for sure is that four years have passed since we elected ourselves a…

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Development, Economy, Government, Media

From Third World to First: Singapore Elder Statesman Lee Kuan Yew’s insights on Filipinos

Posted on July 12, 2014 By benign0 39 Comments on From Third World to First: Singapore Elder Statesman Lee Kuan Yew’s insights on Filipinos
From Third World to First: Singapore Elder Statesman Lee Kuan Yew’s insights on Filipinos

We take it for granted that material and accounts that provide priceless outsiders’ perspectives on the Philippines are so readily available for all to learn from but forget (1) how books are prohibitively expensive to most Filipinos and (2) how most Filipinos lack any inclination to read books to begin with. So it is worth…

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Development, Economy, Government, Politics

What is left for President Aquino to report in his 5th SONA to be delivered July 28, 2014?

Posted on July 10, 2014 By benign0 24 Comments on What is left for President Aquino to report in his 5th SONA to be delivered July 28, 2014?
What is left for President Aquino to report in his 5th SONA to be delivered July 28, 2014?

Now that Philippine President Benigno Simeon ‘BS’ Aquino III is officially a lame duck president in the aftermath of a devastating Supreme Court ruling that rendered his financial brainchild, the notorious Disbursement Acceleration Program (DAP) unconstitutional, what can we expect him to “report” to Congress on his State of the Nation Address (SONA) this month?…

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Crime, Economy, Government, Politics

Filipinos need to end their love affair with mediocrity and ‘pwede na yan’ mentality

Posted on July 9, 2014August 4, 2014 By Ilda 118 Comments on Filipinos need to end their love affair with mediocrity and ‘pwede na yan’ mentality
Filipinos need to end their love affair with mediocrity and ‘pwede na yan’ mentality

My views are not very popular with Filipinos. I guess it’s partly my fault because I like posting topics that some might consider taboo and boring. But it’s not like I discuss religion or make fun of other people’s religious beliefs. Granted, I like talking about Philippine politics and society in general but I really…

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Civics, Culture, Development, Economy, Featured, Government, Lifestyle, Media, Politics, Society

The Philippines vs Singapore: Jeepney vs Formula 1

Posted on July 7, 2014 By benign0 14 Comments on The Philippines vs Singapore: Jeepney vs Formula 1
The Philippines vs Singapore: Jeepney vs Formula 1

The Philippines with its population of 96 million registered a Gross Domestic Product (GDP) of $117 billion in 2006. Singapore for its part, with its relatively paltry population of 4.6 million delivered a GDP of $132 billion on the same year. For less than half a tenth of the humanity Filipinos apply to the job…

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Development, Economy, Money Talks

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