Business & Economics Perspective Blogger

No gossip, no hearsay, face-to-face debates, liars are slapped in the parliamentary system! Right now, it's best to look at both sides of the equation. We don't want to automatically say, "No to Pax Silica!" or "Yes to Pax Silica!" without understanding that, "Can we have Pax Silica with these adjustments?" I was thinking about how being for or against Pax Silica isn't purely black and white . I discourage thinking in black and white thinking, like how Makabayan Bloc deals with Pax Silica. I would like to write this post to show why the Philippines needs to go for the parliamentary system instead of the usual status quo.  And also a warning to those who keep insisting that " But Marcos Years were parliamentary! " need to try telling that to the real parliamentary countries like Singapore and Malaysia!  Unfortunately, under the presidential system , the very thing that Rep. Atty. Jose Manuel "Chel" Diokno has said about Pax S...

Some time ago, I wrote a review for Jolly Bubble at SSY Lahug . I decided to go to Fang's Authentic Cuisine at Castle Peak in Mabolo, Cebu City. It's another small place. I heard they used to have a place on the 10th floor of the Mezzo Hotel, and it closed . Now, I'd like to share my dine-in experience here as of today. It's a typical small space, and thankfully, they have Grab Food . However, some items are best dined in. Finding parking there can be difficult. Thankfully, I was able to get a parking space. Sure, I had to pay PHP 20.00 but it's better than paying higher for traffic violations. One could see a turnaround corner after Castle Peak and see two parking spaces. One belongs to Castle Peak and the other is a standard pay parking.  I tried their Taiwanese beef udon for a start. I was amazed by the use of steel bowls. This is traditional Taiwanese beef noodles. It took me some time to consume it. Honestly, I felt like I should've gone for the braised por...

Britanica The Pax Silica deal can set out many false dichotomies . We can think about dichotomies like pro-AI vs. anti-AI. Filipino Pride vs. Colonial Mentality, etc. However, it's possible that a person can be for FDI, for AI, and oppose Pax Silica on other grounds . For example, I found some people who actually comment on Facebook like: "Yes to FDI but let's be careful about what we allow." "We can allow 100% FDI, but I don't think the Philippines is fit for Pax Silica." "I'm for AI, but let's face it, we need to think about nature first."  It's a good thing that I'm reading some who oppose Pax Silica aren't raising alarmism like Kabataan Partylist is apparently doing . Right now, I can't really say if I'm for Pax Silica or against Pax Silica. It's because I'm for FDI,  but I'm not for FDI without  reasonable restrictions. What I want to do now is to do some analysis on the situation. Why I definitely w...

Right now, I reserve the right to be critical of Kabataan Partylist. Kabataan Partylist is part of the Makabayan Bloc. I often get insults on Facebook, like saying, "Where's your mass base like Kabataan Partylist?" or "Have you rallied enough like Kabataan Partylist?" That's the "You Too Fallacy". As always, it becomes Makabayan Bloc's mindset to stick to what I call "Vietnam War Economics". The late Lee Kuan Yew would call their mentality a third-world mindset . Here's a post by Kabataan Partylist on their Facebook page: KABATAAN: Marcos Continues to Submit to Washington; Down with the Pax Silica Framework! House Assistant Minority Leader and Kabataan Partylist Rep. Atty. Renee Co expressed fierce condemnation today over the impending November finalization of the predatory Pax Silica framework, calling it an “outright declaration of economic warfare and imperial exploitation against the Filipino people.” With the Philippine gove...

Yes, it's official, and it's sad. Recently, the Philippines has had  the highest electricity rate in Asia. Right now, I feel like that, even as a casual blogger, I still feel the need to react to current events. After all, this is a business and economics perspective blog . Now, going back to the topic, the Philippine Star (the blatant source of the picture above addresses the issue.  The blow was even felt in the Visayas, with Southern Leyte Electric Cooperative recording the highest on-grid residential rate at P16.57 per kilowatt hours (kWh), 32 percent up from a month ago’s P12.53 per kWh. Manila Electric Co., the country’s biggest power distribution utility that serves Metro Manila and nearby provinces, was also among the top distribution utilities with high rates. In June, its residential rate reached P14.48 per kWh. It's annoying, but social media comments can show downright economic ignorance  As always, I will not directly shame people, but their comments . In fa...

There are times I remember when I tend to run out of cash because I would go to Bollywood Tandoor (my favorite) or Cherry's the Spice (depending on my mood) for a good old curry or Indian barbecue. Right now, my favorite food at Bollywood Tandoor is either the grilled butter chicken, mutton curry, or the rather pricey (but also tasty) chicken kabsa biryani. Little India Healthy Cuisine (which permanently closed in Cebu City while thriving in Quezon City) was the only one that accepted credit cards during dine-ins, but the place was vegetarian . I felt sad learning that Little India Healthy Cuisine had permanently close d. In the case of Bollywood Tandoor, it was once Mr. India in Gaisano Country Mall prior to its rebirth as Bollywood Tandoor. Cherry's the Spice, which is South Indian style, also served its own charm. Overall, Bollywood Tandoor is still my favorite because North Indian food tends to be more adjustable for my personal taste. I thought about the number of times ...

Some time ago, I remember writing about Jollibee's acquisition of Shabu All Day  and Compose Coffee . It might be easy to scream to the top of one's lungs, "Pinoy pride! The Philippines is taking over the world ! However, when news like t he recent plan of the Barito Group from Indonesia to purchase the Energy Development Corporation of the Lopezes  for $5 Billion (which might be in USD) arrived, I'm getting comments like: "This should be blocked by the Philippine Competition Commission!" "Foreign ownership of such a big percentage of our electrical generating capacity might have national security implications." "What does this mean for the Philippines' energy future? Maybe a higher price increase? The Philippines is selling everything! "The Philippines has its own but keeps selling everything." I wonder if the same people who are writing their comments danced, thinking that the Philippines was "conquering the world" th...