We beg to differ.
The Philippine banking system is out of luck. Trust is the key component of the social capital deficit that saps Philippine society of the substance and conviction needed to do things properly and aspire to greatness. Even as the honourable statesmen of the Philippine government debate its definition, the broader swath of Philippine society consistently…
Read More “Ill-gotten evidence used to prove ill-gotten wealth” »
Southeast Asia’s biggest budget airline is set to open its Philippine operations following the recent approval of its air operator certificate (AOC) by the Civil Aviation Authority of the Philippines (CAAP). AirAsia Philippines will be operating out of the Diosdado Macapagal International Airport in the former United States Air Force base in Clark Field, Angeles…
Read More “AirAsia one-ups ‘bouncy’ Cebu Pacific flight attendants” »
Looks like the venerable Philippine Savings Bank (PS Bank) is the next hapless chump thrust into the circus spotlight. In the usual tradition of the way the prosecution habitually pre-empts any court order to authorise any of its police activities, an “envelope” delivered by a shadowy “small lady” allegedly containing Supreme Court Chief Justice Renato…
Well, not really. Hacienda Luisita Inc (HLI) is not a publicly-listed company and therefore we can only do thought experiments on how the price of some hypothetical HLI shares floating in the equity market would react to the news of Iloilo Representative Niel Tupas Jr’s removal as head of the prosecution team in the impeachment…
Read More “Niel Tupas Jr gets the boot, Hacienda Luisita shares up!” »
I was anticipating what Budget Secretary, Florencio Abad would have to say about former President Gloria Arroyo’s (GMA’s) “It’s The Economy, Student!”, a paper about her achievements during her nine years in office. But I ended up laughing so hard after reading that the only thing Abad had to say was that President Noynoy Aquino…
Read More “Malacañang to GMA: PNoy’s popularity is better than your economic growth rate” »
Because the job performance, leadership, and general behavior of the current President is so appalling I think those of us who make a hobby or an actual living of punditry tend to forget that there was a time, not really all that long ago, when his predecessor was every bit the inspirational target for scathing…
The following is a copy of the essay ‘It’s the economy, student!’ written by former President Gloria Macapagal-Arroyo during her house recuperation, re-hospitalization and hospital detention from October to December 2011. * * * IT’S THE ECONOMY, STUDENT! By Gloria Macapagal Arroyo, PhD [I wrote this article on and off in my spare time during…
Read More “It’s the economy, student! – by Gloria Macapagal-Arroyo” »
The newly unveiled tourism slogan “It’s more fun in the Philippines†by the Department of Tourism (DOT) received mixed reactions from Filipinos. First, the lack of originality was again highlighted after social networking pundits discovered that Switzerland used the exact same slogan in 1951. What shocked and annoyed some Filipinos is that similar accusations of…
Read More “Why we don’t need to emphasize that it’s more fun in the Philippines” »