We beg to differ.
Sidewalk vendors have always been a site to behold in the panorama of Philippine society. Although we cannot claim that this phenomenon is endemic or indigenous to Filipino culture and society, the persona of the sidewalk vendor is omnipresent within and in the very fabric of Filipino society. We see these sidewalk vendors along the…
If you haven’t heard, Meralco was granted a significant increase in its distribution rate by the Energy Regulatory Commission this past week, one that will add between P 1.20 and P 2.48 per kilowatt-hour to customer bills and officially make their electric rates the highest in the world beginning next month. This follows an increase…
Low-income families struggling to get by might be in big trouble as Senator Manuel Lapid filed a bill that might suck the good ol’ piggy banks dry. Senator Manuel Lapid has filed a bill to penalize the hoarding of coins to avoid coin shortage. Citing figures from the Bangko Sentral ng Pilipinas (BSP), Lapid said…
Get Real Post blogger Ilda wrote an article about manufacturing as a potential economic driver for the Philippines. And as it turns out, economists tuned in to the Philippine economy has the same thing in mind. Filipino chipmakers must graduate to assembling iPads while churning out Oscar-winning animation to generate more jobs and sustain economic…
Because the job performance, leadership, and general behavior of the current President is so appalling I think those of us who make a hobby or an actual living of punditry tend to forget that there was a time, not really all that long ago, when his predecessor was every bit the inspirational target for scathing…
For a speech that lasted nearly an hour and was so heavily-laden with facts and figures, the much-anticipated second State of the Nation Address by President Noynoy Aquino has seemed to have left much of the country scratching their heads. Two days have passed since the SONA, and public interest has scarcely waned; that should…
According to a brief article late Friday on the Manila Bulletin’s website, President Aquino has rejected the call from leftist groups led by the Kilusang Mayo Uno (KMU) to certify as urgent HB 3745 and HB 3746, which would mandate an across-the-board P125 wage hike as a response to rising fuel and commodity prices. The…
Milton Friedman was a well-known American economist, a proponent of an economic philosophy that is growing in popularity in this country. In practice, it works something like this: Need a real-life example? Do mortgage-backed securities ring a bell? Or for a more locally-relevant example, the price of fuel, which the oil companies will swear up…
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