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.
Apparently the Philippines has a USD3 billion market for liquor which the United States and European Union are salivating over. Now under a ruling by the Geneva-based World Trade Organisation, the Philippines will be forced to lower taxes on imported liquor. Before the ruling, local distillers enjoyed a tax regime favourable to them even as…
Read More “Philippines forced to open market to imported liquor” »
Here’s an interesting claim from an article in today’s online edition of the Manila Bulletin, which is apparently too exciting to attribute to a particular author: Two factors – skilled workforce and competitive labor cost – account for investors’ choice of the Philippines as an ideal investment site. Many foreign companies reportedly prefer Filipino workers…
Read More “MB Claims Philippines Attractive to FDI Based on the “Because We Said So” Metric” »
In an ideal work environment, the first thing many of us do in the morning is schedule the stuff we will be doing for the day, plan the things we need to get these jobs done, and then proceed to do the job subject to said schedule and plan. By doing the thinking up front…
Read More “Three communication tips that will get you out of the office by five” »
What exactly needs to be “clarified” between the governments of Saudi Arabia and the Philippines in the aftermath of a shutdown on any further granting of work permits to Filipino domestic workers? The announcement was reportedly made after a failure “to agree on hiring conditions imposed” by the Philippines. The stakes, as far as Filipinos…
Read More “Saudi Arabia shuts its doors to Filipino domestics” »
A car is usually the single biggest money pit in the average Filipino’s portfolio of assets. The value of a brand-new car depreciates by at least 20 percent as soon as they are driven out of the show room. It then proceeds to spend the rest of its useful life draining your bank account of…
Read More “Is it worth it? The Filipino’s guide to car ownership” »
When was the last time you’ve seen a truly innovative Filipino idea? That elusive water-powered car? Those fluorescent lights and karaoke machines supposedly invented by Filipinos? They certainly are out there – somewhere. But no one can quite ascertain if they are mere urban legend or objective fact. What does prevail, as the symbol of…
Read More “Brand Philippines: building an ethic of world-class innovation” »
Anyone who has purchased a shirt in a department store in the Philippines has probably observed how each cash register is often manned by anywhere from two to four sales personnel — one to scan the merchandise, another to ring up the purchase on the machine, another to make all sorts of notations on the…
Read More “Filipino labor: cheaper and harder-working is no longer the game” »
Beyond spending it, Filipinos do not know what else to do with wealth. Equipped with a better understanding of the nature of capital, we now begin to grasp the role played by imagination in the game of wealth management. Most of this book all but demonstrated how little of this imagination Philippine society possesses. The…
