Business & Economics Perspective Blogger

Millennials' Voice I would like to clarify first and foremost that this post isn't an attempt to say that the late Benigno Simeon C. Aquino III's legacy was all bad. Some good things happened. However, let me be clear that it's stupid to say, " We don't need economic cha-cha because of the late Noynoy. " However, let me clear that I decided to write this because of a Facebook post called Millennials' Voice , which wrote this: Did you know that during President Noynoy Aquino's time, the price of oil in the world market was high, between $100 and $110 per barrel. But even with those high prices, gasoline and diesel at local pumps in the country were still relatively affordable.  Under President Duterte, world oil prices went up and down, from a low of $41 to a high of $101 per barrel. The big jump to $101 in 2022 happened because of the war between Russia and Ukraine.   Now, under the current president, world oil prices have gone up again to around $...

International State College of the Philippines Today is Flor Contempacion Day , and rallies are expected. However, whether it's Flor's death anniversary or not, rallies are expected for the wrongest of reasons. I would like to address this photo from the International State College of the Philippines' Facebook page. The demands here are rather clunky and stupid. We have the following demands that would naturally clash with each other, such as: No to the oil deregulation law while demanding lower oil prices. This is simply ignoring the basic fundamentals of economics, namely the law of supply and demand . They say that oil companies are greedy for gain. These rallyists probably don't really understand the difference between revenues and profits . Let's understand the Oil Deregulation Law  The Oil Deregulation Law, or the Republic Act No. 8479 , passed on February 10, 1998, under the late Fidel Valdez Ramos. Here's how the liberalization works: CHAPTER II  LIBERAL...

PEH.ph Last year, I wrote an article talking about Flor Contemplacion crybabies spreading fake news for 30 years . I noticed that the movie could be watched for free on YouTube (which is one hour and 52 minutes long), and the one that you had to pay for via rent or personal soft copy ( which is two hours and two minutes long). I was looking into the film and realized the "for free" version lacks the exaggerated water dunking and electrocution torture scene, which I believe is available, which is a ten-minute difference. I remember seeing the old version where Flor was tortured by Singaporean police via water dunking and electrocution, to get an answer out of her. The famous line by the late Nora Aunor was, "I did not kill anybody!" It's 31 years, and I don't expect the fake news about Flor to stop just because  it's past 30. No, fake news is that hard to kill even in the digital age. It reminds me of the fate of Flor's sons , where one of them, Sandr...

I must confess that I find this new rather hilarious . It's because the word shabu is often associated with drugs. All the while, shabu shabu is a Korean delicacy! Well, I'm going to say that Jollibee Foods Corporation has now become a multinational buyer . Jollibee acquired 70% of Compost Coffee back in 2024 . This year, Jollibee as a multinational corporation is now acquiring Shabu All Day for PHP 5.1 billion pesos. Is Jollibee checkmating South Korea or is the Philippines conquering South Korea not just by OFWs but als through Jollibee? The answer is still no. From GMA News , we can read this article by Jon Viktor D. Cabuenas: Under the deal, Shabu All Day will be consolidated into Jollibee Foods Corp.’s (JFC) financial statements immediately upon completion of the acquisition for a total consideration equivalent to KRW127 billion. Completion of the transaction is subject to closing and financing conditions. The acquisition is expected to lead to a 2% jump in revenues, incre...

  As a blogger, I shouldn't turn on the PC in hopes of becoming popular . It should be to turn on the PC and blog to make a difference . Right now, I think about the controversy when President Ferdinand "Bongbong" R. Marcos Jr. declared the 1986 EDSA Revolution's anniversary as a working holiday . The call for some of the "minority lawmakers" is that they want to return the People Power Anniversary to a regular holiday once more. There are times I feel like, "Should we let it be a regular holiday again, so as not to repeat the Marcos dictatorship?" Sadly, the real answer is that the Philippines has been relying too much on EDSA , so it's practically ending up like Nokia . I was thinking about the reality of February being the most hectic month. February only has 28 days (and February 25 is near the month's end ). I thought that the Philippines also has too many national holidays more often than not. In fact, the Inquirer article written by...

Foreign Trade University The Lunar New Year isn't just celebrated by the Chinese. Chinese New Year is one form of the Chinese New Year. Other forms of Lunar New Year follow   the Chinese New Year cycle, such as the Tết Nguyên Đán of Vietnam, the Japanese Lunar New Year, and the Seollal in South Korea. There's also the Tibetan New Year and the Mongolian New Year. I remember when talking about Vietnam celebrating the Lunar New Year together with the Chinese, my fellow Chinoy made the squity-eyed gesture to talk about most Vietnamese looking like Chinese. Should we even be surprised that there's a Vietnamese student who looks like the deposed Alice Guo, aka Guo Hua Ping?  What was the Tet Offensive about? Right now, I want to talk about the infamous Tet Offensive , which was a Lunar New Year attack of January 31, 1968. The Western concept would prefer to talk about it on January 31 instead of the Lunar New Year. A Filipino would probably say, "So what if it was Lunar Ne...