Category: Economy

Anna Coren CNN interview: PNoy blames Arroyo but takes credit for her work again

May 7, 2012July 24, 2013 Ilda 44 Comments

The Philippines is such a happening place lately. First, the 45th meeting of the Asian Development Bank (ADB) Board of Governors was recently held at the Philippine International Convention Center in Pasay City. It was interesting to note that the Aquino government’s preparation for the event was to cover up what they obviously considered an…

Development, Economy, Government, Politics

Tito Sotto threatens to stop funding for Ph government ad placements in CNN over pagpag feature

May 5, 2012July 24, 2013 benign0 21 Comments

Philippine Senator Vicente “Tito” Sotto III of Tito Vic and Sotto comedy fame in the yesteryears of Philippine cinema is apparently unhappy with with what he perceives to be a negative return on investment on the Philippine government’s ad placements in international news organisation Cable News Network (CNN). Sotto is reportedly convinced that CNN has…

Development, Economy, Government, Media

Unclogging the Commercial Bottlenecks

May 5, 2012May 5, 2012 a 4 Comments

Get Real Post blogger Ilda wrote an article about manufacturing as a potential economic driver for the Philippines. And as it turns out, economists tuned in to the Philippine economy has the same thing in mind. Filipino chipmakers must graduate to assembling iPads while churning out Oscar-winning animation to generate more jobs and sustain economic…

Economy, Government, Money Talks, Society

The empty rhetoric surrounding Labor Day in the Philippines

May 1, 2012 benign0 6 Comments

It’s labour day again in the Philippines. A colleague of mine noted the irony in this celebrated occasion being a “non-working” holiday. But the way that irony and many others simply fly over pointed heads in a society renowned for missing simple points is another topic for another occasion. The more important thing to observe,…

Development, Economy, Society

Businessweek’s business of talking up the Philippine economy

May 1, 2012November 2, 2015 benign0 11 Comments

With growth in big developed economies all but flatlining, what do firms — investment banks and securities trading houses — whose entire business models hinge upon “growth” ad infinitum turn to? Where else but to ever more volatile and unreliable “emerging markets”. The Philippines is in one of these arbitrary lists of “emerging” economies —…

Development, Economy, Media, Money Talks

Apology or Reform?

April 28, 2012 a 27 Comments

Which of the two should Filipinos demand more? This somewhat rhetorical question popped into my mind when I came across this article depicting yet another one of our countryâ€™s tantrums towards the foreigners. Recently, District of Columbia Councilmember Marion Barry earned the ire of the Philippine embassy for allegedly being racist towards our Filipino nurses…

Manufacturing can be a key to Filipinos enjoying a free and healthy life

April 25, 2012September 1, 2014 Ilda 42 Comments

Former Secretary General of the United Nations, Kofi Annan defined a developed country as: “… one that allows all its citizens to enjoy a free and healthy life in a safe environment”. In theory, his statement is simple enough to understand but quite complicated to put into practice. Annan wasn’t specific about which country or…

Development, Economy, Government, Lifestyle

Ph Supreme Court rules on Hacienda Luisita – values vast plantation at a measly P200 million

April 24, 2012 benign0 31 Comments

It’s final. To the plea of Hacienda Luisita Inc (HLI) that its vast plantation in Tarlac is worth P5 billion, the Philippine Supreme Courte voted 8 to 6 for a final valuation just short of P200 million. This is based on an assessment of P40,000 per hectare made in 1989 when the Department of Agrarian…

Economy, Government, Politics