We beg to differ.
Already wrestling with the public relations fallout of the latest poverty statistics, the Aquino administration apparently was too busy last week to notice the press release from the Philippine Institute for Development Studies (PIDS) announcing the results of a study that raises serious concerns about the preparedness of the Philippines’ small- and medium-enterprise (SME) sector…
Apparently, The Real Singapore doesn’t want a Filipino company to hire Filipino staff for its operations there. Unlike other multi-national fastfood restaurants like Macdonalds and KFC which hire mainly Singaporeans and even the disabled and elderly, Jollibee Singapore intends to hire their fellow pinoys to fill up jobs in their latest Singapore venture. The Filipinio…
It is probably welcome news to environmental activists but a disappointing turn of events for anyone who likes the idea of tapping the Philippines’ imposing stockpile of mineral resources to attract tangible industrial investment and create jobs: Some subtle hints have recently been made by the companies behind the most promising planned mining operations that…
Incumbent Philippine President Benigno Simeon “BS” Aquino is beaming with pride now that the country has scored an “investment-grade” credit rating from Global rating agency, Fitch Ratings under his watch. You might be asking yourself, “What the heck does it all mean?” Well, it means a lot of things that some folks will never understand….
Read More “Noynoy Aquino government hires Fitch Ratings to give Philippine economy a thumbs up” »
In John Landis’s 1983 hit movie Trading Places, Billy Ray Valentine, a bum and hustler played by Eddie Murphy is picked up from the streets, cleaned up and dressed in an expensive business suit as part of an experiment instigated by wealthy brothers Randolph Duke and Mortimer Duke. The made-over Valentine is then set up…
If there is one thing that has been thoroughly regrettable about the apparent economic progress of the Philippines in the Aquino 2.0 era, it is that it has led the Administration to believe that what it is doing is actually working. Perhaps we should not judge them too harshly for that – after all, far…
Read More “Non Sequiturs are poor policy, and even worse credit references” »
Looks like one of the last big frontiers of the Filipino migrant has pretty much shut its doors to a big chunk of Filipino humankind. Reportedly ruling that Filipino domestic workers are not “ordinarily residents” in the territory and that they temporarily reside there under contracts that tie them to “finite stints of temporary employment,”…
Read More “End of the road for Filipino Hong Kong residency hopefuls” »
Photo courtesy of Time.com I couldn’t help but smirk when I found out that Team P-Noy’s election rally was a dud here in Baguio last Sunday (17 March 2013). Melvin Jones field, with a capacity of 5,000 people, managed to gather less than 1,500 attendees, even under fair weather. Though their pet media outlets would…