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Tag: industry

Development / Economy / Money Talks

Filipinos’ addiction to OFW remittances is incompatible with economic development

June 10, 2019 - by benign0 - 4 Comments.

Look more closely at the facts surrounding the much-vaunted stellar growth of the Philippine over the last several years and one will find the same old disturbingly-familiar drivers of that …

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Culture / Development / Tech Talk

Jeepneys remain a constant reminder of how backward and fundamentally WEAK the Philippines is

June 3, 2019 - by benign0 - 55 Comments.

It is the 21st Century. Yet the most iconic symbol of the Philippines remains the jeepney. Once hailed a triumph of “Filipino ingenuity”, it now persists as a stark reminder …

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Culture / Economy / Money Talks

China knows how things “work” in the Philippines

November 21, 2018November 18, 2019 - by benign0 - 36 Comments.

Indeed, the Chinese know how thing “work” in the Philippines. They have, after all, been prominent figures in Philippine industry since the Middle Ages. They know enough to fly above …

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Economy / Lifestyle / Money Talks

Will IKEA be good for the Philippine economy?

November 20, 2018 - by benign0 - 12 Comments.

Filipinos are excited about news that Swedish furniture retail giant IKEA will soon be opening in the Philippines. The question is, where will IKEA be sourcing its merchandise? “Activists” have …

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Culture / Economy / Lifestyle

Filipinos have no right to complain about fuel prices because they have no right to drive

October 3, 2018October 3, 2018 - by benign0 - 15 Comments.

Why did the Philippines grow a car culture to begin with? Filipinos can neither make cars nor fuel them using their own domestic resources. They neither have the roads on …

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Economy / Money Talks

Blame on Duterte government for Ph peso depreciation UNFOUNDED

September 23, 2018 - by 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 …

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Economy / Money Talks

Filipino-style ‘labour activism’ makes Filipino workers poorer rather than richer

August 1, 2018August 1, 2018 - by benign0 - 25 Comments.

Filipinos would like to think they are “pro-poor” and “pro-worker”. Yet, this is a society where many of its most vocal “influencers” maintain lifestyles propped up by cheap labour. And …

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Economy / Money Talks

Filipinos’ concern over a depreciating peso is due to a pathetic dependence on imports

April 4, 2018 - by benign0 - 39 Comments.

A depreciating peso wouldn’t really be an issue if Filipinos are able to produce what they consume and sell what they don’t consume to an export market. The trouble is, …

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