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Category: Money Talks

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.

AirAsia Philippines in spotlight as Sabah insurgency rages

Posted on March 15, 2013March 15, 2013 By benign0 2 Comments on AirAsia Philippines in spotlight as Sabah insurgency rages
AirAsia Philippines in spotlight as Sabah insurgency rages

Fledgling entry into budget travel business in the Philippines, AirAsia Philippines is currently feeling the heat as Filipino Tausugs wage a guerrilla war in the Malaysian state of Sabah. This is in the aftermath of the spread of publicity shots depicting its planes transporting Malaysian troops to the battle front in early March. The online…

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Lifestyle, Money Talks, The South

Annoyed by Anti-Monopoly Policy, PAL Puts Airport Plans on Hold

Posted on March 12, 2013 By BenK 15 Comments on Annoyed by Anti-Monopoly Policy, PAL Puts Airport Plans on Hold
Annoyed by Anti-Monopoly Policy, PAL Puts Airport Plans on Hold

In a press briefing last week, Philippine Airlines (PAL) President and CEO Ramon S. Ang announced that the airline’s plans to construct a $6 billion airport as an alternative to the outdated and overcrowded Ninoy Aquino International Airport were being put on hold. According to the Philippine Star (which still insists on calling the privately-owned…

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Development, Economy, Money Talks

One Step Forward and Two Steps Back

Posted on March 7, 2013 By BenK 3 Comments on One Step Forward and Two Steps Back
One Step Forward and Two Steps Back

My colleague John Baybay posted a thought-provoking article to GR Business Online a couple days ago (“Fair Process and the Myth of Inclusive Growth”, available at www.grbusinessonline.com). The article makes the broad point that what is lacking in the present Administration’s approach to the economy – and which has as a result turned President Benigno…

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Culture, Development, Money Talks, Politics

What sequestration means for the Philippines

Posted on March 2, 2013March 2, 2013 By BenK 5 Comments on What sequestration means for the Philippines
What sequestration means for the Philippines

At the very end of 2012, the US media and public was gripped with near-panic over what was then called the “fiscal cliff,” a combination of tax increases and a programmed series of government spending cuts that was to automatically take effect on January 1 of this year. Just as the deadline passed, the US…

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Development, Economy, Money Talks

Raising Standards for Domestic Workers

Posted on March 1, 2013November 20, 2014 By BenK 1 Comment on Raising Standards for Domestic Workers
Raising Standards for Domestic Workers

Although the record of the current administration of the Philippines with respect to regulating labor has been unimpressive so far, Republic Act 10361, also known as the Batas Kasambahay or “Domestic Workers’ Act,” which took effective on February 10, is a notable exception. The law, which was signed by President Aquino on January 18, provides…

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Culture, Economy, Money Talks

The Minimum Wage Puzzle

Posted on February 26, 2013 By BenK 3 Comments on The Minimum Wage Puzzle
The Minimum Wage Puzzle

Although the topic has not appeared on the media radar for a couple months, the always-contentious issue of the minimum wage will again be front-page news in 2013, if everything goes according to the Aquino Administration’s plans. By the end of this year, the government has a goal to replace the current minimum wage regulations…

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Economy, Money Talks

Slackers have the first and last laugh

Posted on February 26, 2013 By Kate Natividad 7 Comments on Slackers have the first and last laugh
Slackers have the first and last laugh

Pity all the Yahoos out there. After a good stretch of living the illusion that life as an employee in a (formerly) trendy dot-com company is a beach, a “bitch” of a boss comes around and bursts their bubble. In a move that had since set “work-life balance” advocates abuzz with angry chatter, new Yahoo!…

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Lifestyle, Money Talks, Technology

No Prosperity without Public Safety

Posted on February 23, 2013 By BenK 2 Comments on No Prosperity without Public Safety
No Prosperity without Public Safety

The attack earlier this week by members of the New Peoples’ Army (NPA) on three facilities of the Del Monte Company in Bukidnon, Mindanao was startling. For a long period of time, news of NPA activity has been relatively mild – a random encounter here and there – with recent media coverage being mostly concerned…

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Crime, Development, Money Talks

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