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Category: Economy

Understanding the BS in being a ‘breakout nation’

Posted on July 9, 2012 By benign0 6 Comments on Understanding the BS in being a ‘breakout nation’
Understanding the BS in being a ‘breakout nation’

In its most recent rah-rah story about how the government of President Benigno Simeon “BS” Aquino III has so far been the heroic beacon of progress as was “promised” during the campaign, “social news network” site Rappler.com has quoted Ruchir Sharma, head of Emerging Market Equities and Global Macro at Morgan Stanley Investment Management who,…

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Development, Economy, Government, Media, Money Talks

Carlos Celdran tells China to kiss Filipino ass over Spratlys and Scarborough row

Posted on July 9, 2012 By benign0 65 Comments on Carlos Celdran tells China to kiss Filipino ass over Spratlys and Scarborough row
Carlos Celdran tells China to kiss Filipino ass over Spratlys and Scarborough row

A friend of mine shared the following graphic apparently making the rounds on Facebook. It was posted on the Carlos Celdran page along with the caption “Love this map. Northwest Philippines. Haha. Kiss our 98 million asses, China. #China — with John Joey Ramos, Jason Alinsunurin, Jojo Garcia Dula, Michael Judd Rico and Emil Yap.”…

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Culture, Economy, Government, Society

Re-introduction of Spanish mandated by Arroyo in 2007, trumpeted by BS Aquino today

Posted on July 4, 2012July 4, 2012 By benign0 21 Comments on Re-introduction of Spanish mandated by Arroyo in 2007, trumpeted by BS Aquino today
Re-introduction of Spanish mandated by Arroyo in 2007, trumpeted by BS Aquino today

The re-introduction of Spanish into the education system of the Philippines was brought to the fore during the visit of Queen Sofia of Spain this week. Though originally mandated by former President Gloria Arroyo in 2007, President Benigno Simeon “BS” Aquino III happened to be in a convenient position to herald the return of the…

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Culture, Economy, Education, Society

President Benigno Simeon Aquino’s 3rd State of the Nation Address (SONA 2012)

Posted on July 3, 2012 By Ilda 52 Comments on President Benigno Simeon Aquino’s 3rd State of the Nation Address (SONA 2012)
President Benigno Simeon Aquino’s 3rd State of the Nation Address (SONA 2012)

President Benigno Simeon “BS” Aquino III will be giving his third State of the Nation Address (SONA) soon. Like his first and second SONA, his speech will most likely be full of motherhood statements similar to all the previous speeches he had delivered since he announced his plans to run for the Presidency in 2009….

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Development, Economy, Government, Politics

Is Meralco’s Rate Hike a Political Gambit?

Posted on July 1, 2012July 1, 2012 By BenK 8 Comments on Is Meralco’s Rate Hike a Political Gambit?
Is Meralco’s Rate Hike a Political Gambit?

If you haven’t heard, Meralco was granted a significant increase in its distribution rate by the Energy Regulatory Commission this past week, one that will add between P 1.20 and P 2.48 per kilowatt-hour to customer bills and officially make their electric rates the highest in the world beginning next month. This follows an increase…

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Economy, Politics

Why is a $1bn deposit to the IMF such a big deal?

Posted on June 23, 2012 By benign0 21 Comments on Why is a $1bn deposit to the IMF such a big deal?
Why is a $1bn deposit to the IMF such a big deal?

Over the last several days, I’ve been getting snippets of news and information lately about a USD 1 billion loan extended by the Philippines to the International Monetary Fund (IMF). The first I heard of it was in a “news” article that came across as a trumpeting of how the Philippines is now a “net…

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Economy, Government, Money Talks

Is the Philippine government hell-bent on milking poor OFWs of money?

Posted on June 21, 2012June 21, 2012 By Ilda 110 Comments on Is the Philippine government hell-bent on milking poor OFWs of money?
Is the Philippine government hell-bent on milking poor OFWs of money?

Another lawmaker has thought of a brilliant way to make money out of our hardworking and mostly cash-strapped Filipino overseas foreign workers (OFWs). Congresswoman Ma. Theresa Bonoan-David authored a bill that would increase the contribution of every departing OFW to the Overseas Workers Welfare Administration (OWWA) from $25.00 to $50.00 (Php2,400). Unsurprisingly, her bill is…

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Economy, Government, Politics

When it rains, it pours: weathering the Filipino calamity

Posted on June 3, 2012 By FallenAngel 4 Comments on When it rains, it pours: weathering the Filipino calamity
When it rains, it pours: weathering the Filipino calamity

Starting this week, we still living here in the Philippines encountered the first bouts of deluge that are a sure sign of the arrival of the rainy season. With the advent of the rainy season, the start of the school season comes along with it too. Expect there to be heavy traffic starting tomorrow, as…

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Culture, Economy, Environment, Government, Society

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