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Category: Economy

Zoned Out On SONA 2013: Four Things I Might’ve Missed Hearing

Posted on July 28, 2013 By John Bay 31 Comments on Zoned Out On SONA 2013: Four Things I Might’ve Missed Hearing
Zoned Out On SONA 2013: Four Things I Might’ve Missed Hearing

To say that nothing positive ever happened during the Aquino administration would be unfair both to the administration and even more so the Filipino citizen who has resiliently, despite odds continue to press forward towards personal and national progress. With this I’d like to congratulate the tax paying and remitting citizens, who by the sweat…

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Development, Economy, Government, Politics

An analysis of the 4th State of the Nation Address (SONA) of President Noynoy Aquino delivered July 22, 2013

Posted on July 22, 2013July 23, 2013 By benign0 62 Comments on An analysis of the 4th State of the Nation Address (SONA) of President Noynoy Aquino delivered July 22, 2013
An analysis of the 4th State of the Nation Address (SONA) of President Noynoy Aquino delivered July 22, 2013

No wonder the fourth State of the Nation Address (SONA) of Philippine President Benigno Simeon “BS” Aquino III took all of 102 minutes. He tried to cover every bit of detail in what was an unstructured litany of statistics, examples, and anecdotes. But to the expansion of BS Aquino’s speech in duration was a reportedly…

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Development, Economy, Government, Politics

Detroit bankruptcy under the weight of urban sprawl and poor transport: Metro Manila has a bit to learn

Posted on July 19, 2013 By benign0 54 Comments on Detroit bankruptcy under the weight of urban sprawl and poor transport: Metro Manila has a bit to learn
Detroit bankruptcy under the weight of urban sprawl and poor transport: Metro Manila has a bit to learn

Sad milestone for a once glorious city and a former citadel of American industrial power. Detroit, Michigan — the city itself and its surrounding metropolitan area home to the United States’ “Big Three” car manufacturers, General Motors, Ford, and Chrysler — yesterday filed for bankruptcy following a decades-long decline the sharpest of which was felt…

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Development, Economy, Government, Society

Boom times in the Philippines’ call center and OFW economy

Posted on July 4, 2013 By benign0 9 Comments on Boom times in the Philippines’ call center and OFW economy
Boom times in the Philippines’ call center and OFW economy

According to Associated Press “reporter” Teresa Cerojano who wrote an AP article, the Philippines’ much hyped economic “boom” was credited by “many” to the “new vitality to the policies of President Benigno Aquino III, elected in 2010 on promises of eradicating graft and fighting poverty.” Perhaps. But the indicators of this growth cited by Cerojano…

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Economy, Lifestyle, Money Talks

The Philippines: One Big Broken Promise to investors

Posted on June 25, 2013 By benign0 3 Comments on The Philippines: One Big Broken Promise to investors
The Philippines: One Big Broken Promise to investors

Hardly surprising. Much of the “gains” in the Philippine economy scored by the administration’s media lackeys and spin doctors mainly on the basis of a prolonged bullish run by the share market is turning out to be no more than smoke-and-mirrors. A surging sharemarket in essence says nothing about the underlying substance of a national…

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Economy, Money Talks

Singapore haze: Airborne waste from slash-and-burn agriculture descends upon the wealthy enclave

Posted on June 24, 2013 By benign0 1 Comment on Singapore haze: Airborne waste from slash-and-burn agriculture descends upon the wealthy enclave
Singapore haze: Airborne waste from slash-and-burn agriculture descends upon the wealthy enclave

Singapore — resource-poor and dependent on services, exports, and tourists — is reeling from the effects of smog reportedly coming mainly from waste being burned in Indonesia’s palm plantations. For days, a haze has blanketed the prosperous city-state and the “smell of burning wood” has seeped into buildings making residents’ efforts to avoid its effects…

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Economy, Environment

Pining for Manila’s Old Glory is a Sign of a Lack of Vision (Part Two)

Posted on June 16, 2013 By P. Farol 6 Comments on Pining for Manila’s Old Glory is a Sign of a Lack of Vision (Part Two)
Pining for Manila’s Old Glory is a Sign of a Lack of Vision (Part Two)

I left off my previous post with a paragraph that had the sub-heading, “Without a Vision, Reviving Manila is a Lost Cause”.  SOS Save Manila Bay’s woeful calls for “environmental” and “heritage” preservation is as shallow and meandering as the silted Pasig River that disgorges its black sewerage water into Manila bay. Why? It’s not…

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Development, Economy, Environment

Philippine economic growth rate and credit rating upgrade not enough to keep unemployment down

Posted on June 14, 2013June 14, 2013 By Ilda 22 Comments on Philippine economic growth rate and credit rating upgrade not enough to keep unemployment down
Philippine economic growth rate and credit rating upgrade not enough to keep unemployment down

If you want to know how the Philippine economy is doing, you will find it hard to get a straightforward answer from the mainstream media. There’s enough spin to counteract every piece of bad news out there to do your head in. It seems the Philippine government is doing its best to project an image…

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Development, Economy, Media

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