Tag: finance

Hospitality and Hospital Industries: Pillars of Philippine Economic Growth

May 31, 2022 zaxx 10 Comments

Entertaining tourists and guests, and making them feel welcome and at-home make up a crucial pillar of the Philippine economy. Our national-pastime-turned-industry of singing, dancing, cracking jokes, and playing basketball provides our valued international and local visitors a good time to sit back and relax over San Miguel light and chicharon bulaklak pulutan while the…

Culture, Development, Economy, Society

The LIES surrounding Ninoy’s 1983 death and the Yellowtard oligarchs’ pillaging of the Philippine economy

August 15, 2021 Ramon Ortoll 2 Comments

The Opposition continues to use the late former President Ferdinand Marcos as a scapegoat for the state of the Philippine economy. They refuse to acknowledge the validity of Marcos’s economic strategy from the beginning of his first term which was to focus on rebuilding infrastructure destroyed during World War II. After the declaration of martial…

Business, Economy

Foreign Direct Investment in the Philippines – January through May 2021 report

August 12, 2021 Ramon Ortoll 1 Comment

What is Foreign Direct Investment? Foreign Direct Investment (FDI) as defined by the Organization for Economic Cooperation and Development (OECD) is “a category of cross-border investment in which an investor resident in one economy establishes a lasting interest in and a significant degree of influence over an enterprise resident in another economy. Ownership of 10…

Business, Economy, Money Talks

Communists like @TonyoCruz and their fronts like @IBONFoundation push AYUDA nga-nga culture

July 24, 2021July 24, 2021 Ramon Ortoll No Comments

Where is the substance in the drivel Ka Tonyo Cruz writes? Numbers he cited in his Manila Bulletin piece “P10,000 aid for all is needed — and possible” comes from none other than his comrade IBON Foundation Executive Director Sonny Africa. That biased “source” makes everything he writes suspect from the very beginning. Predictably he…

Culture, Government, Society

Opposition “economists” like Winnie Monsod sow doom and gloom in lead up to 2022

June 19, 2021 Ramon Ortoll 1 Comment

If the fundamentals weren’t sound, as Winnie Monsod asserts in her Inquirer piece “So much for sound fundamentals”, we’d be worse off to begin with. Mareng Winnie attempts to dismiss even the smallest iota of optimism in the prognoses issued by the country’s economic managers saying these are all just coming from people whose job…

Business, Economy, Money Talks

Blame on Duterte government for Ph peso depreciation UNFOUNDED

September 23, 2018 benign0 10 Comments

Many “activists” allied with the Yellowtard-led Philippine Opposition have been screeching about the slide of the Philippine peso against the US dollar — hinting that this is indicative of mismanagement of the economy by the government of Philippine President Rodrigo Duterte. The fact is, it is not entirely true that the peso is depreciating against…

Economy, Money Talks

A more sober regard for BS Aquino’s veto of the SSS pension hike bill

January 15, 2016January 15, 2016 benign0 13 Comments

Understandably, a lot of emotion surrounds the issue of how much pension retired Filipinos are entitled to from the Philippines’ Social Security System (SSS). The Manila Times editor called President Benigno Simeon ‘BS’ Aquino III “cruel and heartless” for vetoing House Bill 5842 passed by Philippine Congress to significantly increase SSS benefit payouts to pensioners….

Government

Addressing poverty from the ground up should be central issue in Philippine elections

August 8, 2015 Add 69 Comments

The political mudslinging that is being amplified with gusto by headline news is good for the rating wars of media. It may be a whole class of unavoidable news they have to report. However, if the intent is the beguilement of the public to desensitize same to the real problems of the country, media is being stonyhearted…

Development, Education, Government, Media, Politics, Society