We beg to differ.
What exactly needs to be “clarified” between the governments of Saudi Arabia and the Philippines in the aftermath of a shutdown on any further granting of work permits to Filipino domestic workers? The announcement was reportedly made after a failure “to agree on hiring conditions imposed” by the Philippines. The stakes, as far as Filipinos…
Read More “Saudi Arabia shuts its doors to Filipino domestics” »
So we want more foreign investment, do we? Stop to think. How much of it have we already received? Look around and take stock of what exactly it is about “the Philippines” that is of any consequence to anyone that is indigenous in origin. Indeed, the Philippines is one big foreign investment. Much if not…
Read More “The Philippines is one big SQUANDERED foreign investment” »
The grand-daddy of our culture-as-root-cause thesis, the late great Teddy Benigno, in his classic 2002 Star article Why investors avoid us: The trust factor highlighted what, at the time, was a very conservative forecast regarding China’s fortunes made in a Nomura Research Institute (NRI) study that foresaw a China that could “burgeon into the world’s…
Read More “Without operational excellence, capital is squandered” »
I am undoubtedly seen as a determined critic of the administration of Philippine President Benigno “Noynoy” Aquino III. But that is only because the man generally personifies much of the underbelly of the Filipino psyche that I’ve made it a personal online career to highlight over the last several years. In short his character just…
Read More “Hope for the Philippine economy lies in domestic investment and not foreign investment” »
President Noynoy Aquino (PNoy) will be giving his second State of the Nation Address (SONA) soon. Like his first 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. There is very little…
Read More “President Noynoy Aquino’s Second State of the Nation Address (SONA)” »
Last weekend Governor Joey Salcedo of the Philippine province of Albay issued what on the surface looks to be a ludicrous proposal — that Filipinos “boycott” Chinese-made products. Salcedo made this call to Filipinos to “hurt [China] where it counts” in light of recent military and diplomatic tension between the Philippines and China over the…
Read More “Philippine-China conflict: How did we come to be so dependent on Chinese imports?” »
A lot of Filipinos want to copy everything about the United States of America. From the form of government down to the style of music, Filipinos look to Uncle Sam for direction. For as long as everyone can remember, Filipinos have always viewed the home of our former colonizers as the land of milk and…
Read More “Philippines: Stuck in reverse since Independence Day” »
Seeing foreign direct investment, cash handouts, and subsidies as the silver bullet that will cure chronic Filipino poverty? Think again. Lots of lessons are to be learned in what former Malaysian Prime Minister Mahathir Mohammad said in a speech at the Harvard Club of Malaysia dinner on 29 July 2002 about how the presence of…