Tag: finance

Why was PNoy DESPERATE to accelerate disbursment of public funds from 2011-2012?

July 14, 2014July 14, 2014 benign0 7 Comments

Indeed, it is too bad for the administration of Philippine President Benigno Simeon ‘BS’ Aquino III that their brainchild, the Disbursement Acceleration Program (DAP), has been deemed unconstitutional by the Philippine Supreme Court. The DAP was conceived following a disastrous economic result in 2011 when the Philippine economy grew by only a little bit more…

Crime, Development, Economy, Government, Money Talks

The Folly of Capitalism and Money-System Bashers

March 8, 2014March 8, 2014 Hector Gamboa 35 Comments

I do not pretend to be an economist nor do I pretend to be a financial guru. In fact, I am quick to admit that I’m not really the most business or financial savvy guy. What I do appreciate however, is common sense and critical thinking. Last week’s news about Mt. Gox going belly up…

Economy, Society

Philippine Online Comparison Portals Could Take the Spotlight in 2014

January 30, 2014 MDJesus 5 Comments

The increase in the Internet penetration rate in the Philippines can show you how many Filipinos are going online. As of February 2013, internet penetration in the country is said to have increased to 35% as there are 33.6 million Filipinos that have Internet access of the overall population of 95 million, according to the…

Money Talks, Technology

Noynoy Aquino government hires Fitch Ratings to give Philippine economy a thumbs up

April 3, 2013October 20, 2013 Ilda 49 Comments

Incumbent Philippine President Benigno Simeon “BS” Aquino is beaming with pride now that the country has scored an “investment-grade” credit rating from Global rating agency, Fitch Ratings under his watch. You might be asking yourself, “What the heck does it all mean?” Well, it means a lot of things that some folks will never understand….

Development, Economy