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.
So now much of Europe and (maybe soon) the United States are now in the bizarre position of being potential candidates for intervention by the International Monetary Fund (IMF). The IMF for its part is ready to do just that and marshall its stash of (or, perhaps more appropriately, ready access to) dollar reserves to…
Read More “Europe deserves $1 billion more than Filipinos do” »
Over the last several days, I’ve been getting snippets of news and information lately about a USD 1 billion loan extended by the Philippines to the International Monetary Fund (IMF). The first I heard of it was in a “news” article that came across as a trumpeting of how the Philippines is now a “net…
Read More “Why is a $1bn deposit to the IMF such a big deal?” »
Big budget for cash dole outs on an election year. That, it seems, is a lethal combination in the coming financial year ending 2013 when mid-term will be held. The “centrepiece” of President Benigno Simeon “BS” Aquino III’s poverty alleviation program, the Conditional Cash Transfer (CCT) program is set to be allocated P45 billion if…
Read More “Noynoy’s CCT war chest: Ready for dole out in 2013 election year?” »
Which does more damage to a child during his/her formative years, the lack of cash or the non-presence of one or even both parents because he/she or they are working overseas? Every example of the humblest of Filipinos being able to extricate themselves from poverty by sheer hard work and discipline within our islands highlights…
Read More “The folly of economic dependence on foreign employment” »
The Fortune article “MBAs gone wild: Have B-schoolers gone too far?â€, highlighted how a cultural flaw that afflicts Wall Street and many high-powered business cliques and corporate communities has come to infect business schools… “The problem of the ‘male adolescent culture’ at business schools is widespread,” says one prominent business school professor who preferred not…
Read More “Are business schools failing to produce business leaders?” »
Tough luck and too bad for Ricky Lo of the Philippine Star. He may have just become the latest citizen of Filipino society to put his foot in his mouth. In his most recent breaking news story he had reported that TV5 big boss Manuel V. Pangilinan (MVP) had virtually confirmed the merger between TV5…
Partisan social news network Rappler recently published an article, narrating the local businessmen’s joy over Renato Corona’s conviction in his impeachment trial. Businessmen lauded the results of the over 4-month-long impeachment trial of former Supreme Court Chief Justice Renato Corona that was sealed by a 20-3 votes of senator judges on Tuesday, May 29. “Our…
Read More “MBC and MVP inflate the significance of the impeachment trial to economic progress” »
Money talks — and shuts people up. The challenge issued by embattled Chief Justice Renato Corona to 188 Lower House representatives who were behind the filing of a sloppily-written and practically baseless impeachment complaint against Corona virtually at the behest of Philippine President Benigno Simeon “BS” Aquino III and Senator Franklin Drilon for them to…
Read More “Senator Franklin Drilon personal wealth in the spotlight” »
