Archive for the 'Business' Category

Poverty On The Rise, Corruption Still Problematic

The economy, the economy stupid. It’s all about the economy. And when corruption is still a big player in our country, a poverty stricken nation we will continue to be. I’m worried about the recent report by The Asian Development Bank, Philippines: Critical Development Constraints. The Financial Times, Forbes, and The [...]

A Disservice to the Journalists

1:19 P.M. Saturday, October 20, 2007, Manila Time
Before anything else, I would just like to report that yesterday, a bomb ripped through Glorietta 2 in Makati at around 1:30 in the afternoon. My roommate had passed by the scene when she was heading for a friend. I was looking for lunch and generally clueless. I [...]

State of the Job Market: We Have a Future Part 1 (My Journey Into Freelancing)

I must say that I missed writing for a purpose, for our country. But while were all are up in arms trying to roast this woman who, if you think about it, is only 17 pounds heavier than me due to all her makeup, let me give you my state of the “nation” job market [...]

Philippine Economy Expands 6.9%, The Poor Are Still Poor.

The story in the news today, as well as coming from the Malacañang spin-doctors is that the economy has grown and is “on a roll”.
In the Inquirer,
MANILA, Philippines — The Philippine economy surged 6.9 percent in the first quarter of the year from the same period in 2006, way above expectations, prompting officials to declare [...]

Rupert Murdoch: $5 Billion Bid For The Wall Street Journal

Media Mogul, Rupert Murdoch has shocked the journalism world by his $5 Billion bid for Dow Jones and its newspaper, The Wall Street Journal. It’s a very lucrative offer, and in fact even far higher than the marketplace value.
Rupert Murdoch runs the Media Conglomerate, News Corp. (NWS), which owns the very conservative Fox Network.
The [...]

World Markets Fall

The Selloff started in China, then the US followed suit, as also the rest of the world. The DOW fell by 416 points, the biggest since 2001.
What happened in China, was probably the result of the following events.
The market has been on a tear, it doubled in value, the day before the selloff [...]

Pack of Cigarettes is a Good Measure

Whenever I travel to another country, the first thing I check is the price of a single pack of cigarettes (usually Marlboro Reds). I’ve often found this a good a measure of the cost of commodities in that area. Of course, I’m talking about this because earlier during the day, I talked to [...]

Philippine Call Center Industry Still Growing

In a previous article, I stated that the Philippine Call Center Industry was booming, and in a recent article by IHT, this is indeed being confirmed. I honestly think that of all asian countries, we still have the best command of the english language. We pronounce english so much better than other countries [...]

White Collar Crime:Imelda Marcos and Kenneth Lay

Why is it that some individuals think that just because a criminal is Rich, lives in upper Manhattan, has a beach house in Maui, and drives a Porsche, that these individuals aren’t really criminals.
What exactly am I talking about? Well, I just read an article that glorifies the high society life of Imelda Marcos. [...]

TO OFW’S: KEEP IT COMING!

I think that some Filipinos do not see the big effect that Overseas Filipino Workers have on The Philippines. I mean, individually we may think that it’s great for their families or the OFWs themselves. But, our biggest investors are becoming our very own kababayans. That makes me happy a bit. [...]

President Responds to the Improved Moody Credit Rating

In a statement made by the President last Friday, she responds to the improved Credit Rating that Moody has given The Philippines. Say what you will about this Administration, but since last year The Philippines has seen a continued increase in its economy and its financial outlook.
Here is the statement in full: