Category: Economy

Should the Philippines consider becoming a state of the Union?

November 10, 2012March 12, 2014 FallenAngel 130 Comments

I mean, think about it. Filipinos worship virtually everything American. They follow American showbiz, American sport (NBA in particular), mimic American accents, and bicker socially and politically, in a manner similar to Americans. Filipinos copied the American style of government and the concept of democracy wholesale. Filipinos are using (but hardly maintaining) what remains of…

Culture, Economy, Government, Politics, Society

Philippines bottom-ranked in WB Ease of Doing Business report

October 25, 2012 benign0 8 Comments

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…

Development, Economy, Money Talks

PNoy: ‘I started a joke…’

October 25, 2012August 8, 2013 FallenAngel 84 Comments

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…

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Culture, Economy, Government, Lifestyle, Media, Politics

After Bangsamoro: Do the Cordilleras, Visayas, and the rest of Mindanao have equal claim to autonomy?

October 11, 2012October 11, 2012 benign0 57 Comments

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…

Culture, Development, Economy, Government, Politics

Filipino sentiments mixed over Manny Pangilinan’s threat to quit the Philippines

September 23, 2012September 23, 2012 benign0 44 Comments

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 Pangilinanâ€™s move would become â€œa…

Development, Economy, Money Talks

BusinessWeek cites Aquino anti-corruption drive in 2Q growth report

August 30, 2012 benign0 4 Comments

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…

Development, Economy, Media, Money Talks

Airbus in $7bn deal to supply aircraft to PAL

August 28, 2012 benign0 No Comments

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…

Economy, Money Talks, Politics

Why holiday economics makes good qualitative sense

August 15, 2012 FallenAngel 2 Comments

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…

Economy, Government, Money Talks