We beg to differ.
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.
“Economic experts” sprouted overnight after the Philippine Statistics Authority (PSA) released its economic data the other day. The PSA numbers showed that the Philippines moved out of recession territory with GDP growth turning positive for the first time since its tumultuous plunge last year on the back of the first lockdown which effectively shutdown the…
It appears that Leyte representative and House Majority Leader Ferdinand Martin Romualdez is now ready to expand his media empire from print to broadcast. The Philippine Stock Exchange had today reportedly “lifted the trading suspension of Prime Media Holdings Inc. (PRIM) after the company submitted the required comprehensive disclosure on backdoor listing.” Prime Media Holdings…
The United Coconut Planters Bank (UCPB) was one of the largest unibanks in the country before the Presidential Commission on Good Government (PCGG) sunk its claws into it. After 1986, the bank continued its sterling performance until the old guard were replaced by executives who managed to weasel their way in through political godfathers. The…
Read More “LANDBANK-UCPB merger clears way for further development of Philippine coconut industry” »
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…
Read More “Opposition “economists” like Winnie Monsod sow doom and gloom in lead up to 2022” »
President Rodrigo Duterte hasn’t been able to make good on his promise of charter change but Congress is doing what it can in the time left before the President steps down on June 30, 2022. The Public Service Act is 85 years old. It is obsolete yet it is only now that this issue is…
Why blame the problem on the President immediately? Because it’s an election year. Thus it is easy to see the motivation behind PhilSTAR columnist Boo Chanco’s piece today “Show some appreciation” where he writes how, in these times of pandemic, “our health workers feel abused and unappreciated by the Duterte administration.” Chanco then issues his…
Read More “Filipino nurses aren’t paid well because there are just TOO MANY of them” »
Much has been written about Philippine Offshore Gaming Operators (POGOs) but no one has actually ever been in one I think. I got a glimpse into how they operate last Friday. They are literally self-contained communities complete with their own grocery store, salon and barber shop, restaurant, laundry and whatever else the Chinese employees will…
Read More “No small deal: The contribution of POGOs to the Philippine economy” »
Amid “heavy” social media “backlash” mostly from Yellowtards (the bloc within the Philippine Opposition rabidly loyal to the Aquino-Cojuangco clan), top Philippine media network ABS-CBN has reportedly “ended its partnership with Chinatown News TV (CNTV) and will no longer air the Mandarin-language newscast.” As expected, Yellowtard Netizens and “thought leaders” are now busy patting themselves…
Read More “Go woke, go broke: ABS-CBN succumbs to cancel culture – breaks ties with CNTV” »
