We beg to differ.
Money matters. Indeed it does. How to make it, how to manage it when you get it, and how to spend it when you have too much of it.
Hardly surprising. Much of the “gains” in the Philippine economy scored by the administration’s media lackeys and spin doctors mainly on the basis of a prolonged bullish run by the share market is turning out to be no more than smoke-and-mirrors. A surging sharemarket in essence says nothing about the underlying substance of a national…
Read More “The Philippines: One Big Broken Promise to investors” »
Reports of economic growth in the Philippines as measured by its Gross Domestic Product (GDP) reaching an annualised 7.8 percent in the first quarter of the year is sending waves of optimism rippling across Philippine society. One of the centrepieces of the newly-booming economy put up by recent reports on this economic phenomenon such as…
Read More “First Quarter 7.8% annual growth in Ph economy: The Bottom Line” »
If outgoing Rep. Edgardo “Sonny†Angara Jr. of Aurora wins the election to the Senate seat of his father, as he is widely expected to do, it seems he will be starting his tenure in the upper house of the Philippine legislature under an extraordinary cloud of controversy. Last week, in a statement whose timing…
Already wrestling with the public relations fallout of the latest poverty statistics, the Aquino administration apparently was too busy last week to notice the press release from the Philippine Institute for Development Studies (PIDS) announcing the results of a study that raises serious concerns about the preparedness of the Philippines’ small- and medium-enterprise (SME) sector…
Funny the way presidential sister and Queen of All Philippine Media Kris Aquino comes into the fore whenever Filipino pep for the “right” people needs to be pump primed. Most recently the buzz is her emerging as “top Filipino taxpayer” paying a whopping (by Philippine standards) 49.87 million pesos (USD1.2 million) to the Philippine government….
Read More “Kris Aquino pays top tax dollar in the spirit of Daang Matuwid!” »
It is probably welcome news to environmental activists but a disappointing turn of events for anyone who likes the idea of tapping the Philippines’ imposing stockpile of mineral resources to attract tangible industrial investment and create jobs: Some subtle hints have recently been made by the companies behind the most promising planned mining operations that…
If there is one thing that has been thoroughly regrettable about the apparent economic progress of the Philippines in the Aquino 2.0 era, it is that it has led the Administration to believe that what it is doing is actually working. Perhaps we should not judge them too harshly for that – after all, far…
Read More “Non Sequiturs are poor policy, and even worse credit references” »
Later on this evening (between 8:30 and 9:30 pm, to be precise), the Philippines will join 151 other countries around the world in celebrating Earth Hour, an annual exercise in environmental slacktivism that began in Sydney, Australia in 2007. The main activity of Earth Hour is, of course, switching off one’s residential and other non-essential…
