We beg to differ.
The Philippines ranked a dismal 138th out of a total 185 nations in a study that ranked nations according to ease of doing business. The Philippines remain bogged down by red tape when it comes to the administrative nitty-gritties of opening and operating businesses there. It ranks among the top three countries with the largest…
Read More “Philippines bottom-ranked in WB Ease of Doing Business report” »
I started a joke, which started the whole world crying, but I didn’t see that the joke was on me, oh no. I started to cry, which started the whole world laughing, oh, if I’d only seen that the joke was on me. – “I Started a Joke”, Bee Gees Amidst the gravity of the…
Peace at last in Mindanao — or so people hope in the advent of greater autonomy granted by the government of President Benigno Simeon “BS” Aquino III to rebellious Muslim groups there. The Framework Agreement covering the terms of this autonomy is set to be signed on the 15th of October this year between the…
Following a threat from tycoon Manny Pangilinan to leave the Philippines and take with him his money, House Majority Leader Neptali Gonzales II has warned that the Philippines may be in for a crisis of confidence, presumably if this sort of thing becomes a trend… The House majority leader warned Pangilinan’s move would become “a…
Read More “Filipino sentiments mixed over Manny Pangilinan’s threat to quit the Philippines” »
The National Statistical Coordination Board of the Philippine Government announced today that the Philippine economy grew 5.9 percent in the three months to the end of June 2012 over the same period in the previous year. Several news reports credited increased spending by the government and favourable perception created by the “anti-corruption” drive of Philippine…
Read More “BusinessWeek cites Aquino anti-corruption drive in 2Q growth report” »
European aviation giant Airbus has won a $7bn dollar deal to supply Philippine Airlines (PAL) with more than 50 aircraft over the next five to seven years. PAL, whose management had recently been taken over by San Miguel Corporation (SMC) after it bought a 49% stake in the airline is undergoing a massive re-fleeting program…
The Philippine calendar has quite a few holidays marked on it every year. We have regular holidays and special non-working days, all of which you can view here. Of particular interest this year 2012 is August, because aside from Ninoy Aquino Day and National Heroes Day the end of Ramadan (Eid Al-Fitr) is expected to…
Read More “Why holiday economics makes good qualitative sense” »
A couple of weeks ago when I visited Washington, DC, I came across an article by John Feehery in The Hill that used “Pascal’s Wager†in proving his point on the virtues of supporting environmental policy reforms to combat the global warming phenomenon. I think the very same line of thought can apply to the…