We beg to differ.
Ugh…if I see another news headline comparing the Philippines to some kind of animal, I might just get physically sick. “Asian Tiger Economy of the World”; “The dark horse of the region”. Speaking of being sick, at least one headline referred to the Philippines as the “healthy man of Asia” as opposed to the perennial…
Read More “Philippines: 16th largest economy by 2050? Here’s the truth!” »
Recently, a renowned financial expert in the United States, Suze Orman, was in town for a series of talks about personal finance. Bank of the Philippine Islands (BPI) brought her over as part of their financial wellness advocacy. Naturally, one of the things she focused, and expressed concerns about, is the Filipino attitude towards money….
Read More “Filipino attitude towards money highlighted yet again” »
It’s hard to imagine why there are Filipinos who still feel the need to celebrate the anniversary of the first EDSA or People Power revolution held in 1986. As I keep saying every year, not much has changed since former President Ferdinand Marcos left the building. I was not there and I am glad I…
Read More “Is the 1986 EDSA revolution still relevant today?” »
Following the landmark decision coming from the Senate court trying the impeachment of Chief Justice Renato Corona to uphold a Supreme Court restraining order on the opening of Corona’s dollar accounts, much attention has now been directed to the Philippines’ “archaic” bank secrecy laws. According to also secret United States embassy cables revealed by Wikileaks,…
In the President’s speech last February 16 at La Consolacion college, he raised the following point (translated from the original text): “The question that this impeachment trial seeks to answer is simple: can we still trust Chief Justice Corona?” Until the Chief Justice (CJ) and his defense team present their side, we must refrain from…
Read More “President Aquino and the question of trustworthiness” »
As the circus that is the impeachment trial of Supreme Court Chief Justice Renato Corona drags on, there is much collateral damage being wrought upon the already fraying society of the Philippines. One is the spectre of a constitutional crisis now casting a pall over the nation’s hallowed institutions. The other is the undermining of…
Recently, an unexpected twist has occurred in the highly controversial impeachment trial of Chief Justice Renato Corona; the Senate has allowed the prosecution’s issuance of subpoenas on bank executives to testify in court regarding the respondent’s bank records. This surge of excessive liberality on the Senate’s behalf seemingly fuelled the dying momentum of the prosecution,…
The impeachment trial of Supreme Court Chief Justice Renato Corona has certainly divided the sentiments of the Filipino people. There are Filipinos who side with the prosecution in condemning the Chief Justice despite the absence of hard evidence; there are Filipinos who side with upholding the rule of law and respecting the institutions; and then…
Read More “The SC can stop the trial if there is grave abuse of power by any branch of government” »