We beg to differ.
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…
For an entity that has spent a little over a year aggressively trying to convince the rest of us that it is some kind of “phenomenon,†just what, exactly, the creamsicle-themed “social news network†website Rappler is supposed to be is a question that’s still looking for an answer. And recent speculation about Rappler’s ownership…
Read More “The Online Media Business Model: Rappler Shows Us How to Do It Wrong” »
The “shocking” news that the Philippines is actually one of the worst countries in Asia to do business in continues to reverberate among the chattering classes. Yes, personally I’m still getting over the “shock” of such a revelation. It made me re-think investing my personal fortune in a country where the only thing that I’d…
Interviewed recently by the Manila Bulletin, Eleazardo Kasilag, the head of The Federation of Associations of Private Schools and Administrators (FAPSA) as much as admitted some private school members of his association are paying teachers below minimum wage, and worried that a new round of pay hikes will force some private schools to close. Kasilag…
Read More “Private School Group Admits Underpaying Teachers, Says Pay Hike Bad for Business” »
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. This is what this section, Money Talks, will be all about. We have always asserted that money does flow into the Philippines. But it simply is…
Read More “Is Filipino culture a culture of wealth possession or wealth creation?” »
Lots of people have great ideas. Unfortunately not all people with great ideas are very entrepreneurial. It remains a giant leap to get from an idea to a clear execution roadmap. The execution roadmap need not be written like a formal thesis, but it should at least demonstrate how said idea can be turned into…
Read More “Channeling Filipino money to Filipino ideas: Filipinos can succeed in business!” »