Business & Economics Perspective Blogger

Bongbong Marcos' Facebook Page It's June 12, and it's time for Philippine Independence Day. Given that today is a Friday , it's an Independence Day long weekend . I was thinking about not writing anything today, but the IBON Foundation wrote an entry called "Still Dreaming of Freedom" , which is built on the Filipino First Policy . I would be writing this Philippine Independence Day post to talk about economic interdependence . In 2024, I wrote a post where I discussed that Philippine Independence Day doesn't mean rejecting FDI altogether .  Wait, isn't FDI a form of neocolonialism? For a start, FDI isn't neocolonialism. To understand, Britannica defines neocolonialism as: neocolonialism , the control of less-developed countries by developed countries through indirect means . The term neocolonialism was first used after World War II to refer to t he continuing dependence of former colonies on foreign countries, but its meaning soon broadened to ap...

WeLiveSecurity It's crazy how I scroll Instagram to see my friends, then I see Dr. Deepfakes. I remember some images were of an old man, an old woman, and some of them used real doctors to promote quack advice. It also promotes "natural health treatments" that are "too good to be true". I was victimized by a scam in 2012 . Until now, I have  never recovered the money. I couldn't risk taking these blatant scams that says with statements like: "This is what your doctor is never going to tell you." "Only I know this miracle cure." "The big pharma industry doesn't want this or they'd all be shut down ." "The big pharma and hospitals are only after your money, not your health. It's all after money, unlike me." The basic accounting will tell you why hospitals actually need that huge sum of money  Let's refresh back to basic accounting . There's a big difference between the revenues (the money the hospital...

Foreign Trade University Some time ago, I remember writing two posts addressed to Kabataan Partylist. The first was where I addressed that  Kabataan Partylist needs to learn economics from Doan Thanh Nien aka the Ho Chi Minh Communist Youth Union . Doan Thanh Nien literally means Youth Union, which makes it nearly synonymous to Kabataan Partylist . It was followed up by a post where KPL should also learn economics from the HCYU . KPL was established on June 19, 2001, while the HCYU was founded on March 30, 1931 . Both the KPL and the HCYU wear blue shirts or use the color blue. Both groups are engaged in community services, with their recruits like disaster outreach programs, cleaning services, and tree planting. However, one group updated its ideology while the other was left in the dust with outdated ideology . The KPL ideology examined  KPL's ideology can be found written in this KPL Laguna   WordPress blog: It believes that the Philippines, as a semi-colonial and...

Vecteezy The 1990s may be over, but there are times I feel like reviewing them. Many times, I feel like the teacher is often the enforcer and the victim of a bad system. You can have a smart teacher, but the same person  is constrained by the work culture of that day. There's this irritating mentality that says, "Sticks and stones may break my bones, but words will never hurt me." mentality. This is like saying insults supposedly have no lasting impact . This reminds me of some incidents growing up. For the privacy of the people, I will not mention their names or the names of the institutions where they took place. In one incident when I was seven years old, a girl taunted me and wagged her tongue at me. I got mad, and I punched her in the eye in front of the whole class. The teacher comforted her and scolded me severely. I said I was insulted and I told the teacher, "Come on, you saw it ." However, the more I look at the work culture of that day, people were ex...

Jollibee Group Is it me, or am I getting reactive? Regardless, I'm probably obsessed with Jollibee right now. The first Jollibee article I wrote discussed how Jollibee is proof that the Philippines is more than ready to face off against FDI in the Philippines . My most recent Jollibee article is about how the company ranks as the  top quick service in Communist Vietnam . Right now, I just want to feel pride in Jollibee's latest achievement in New York City . This is another lesson in adaptation in international marketing . From an  Insider PH   article by Princess Daisy C. Ominga, and edited by Corrie S. Narisma, here's a lesson on business evolution in the world market: Why it matters The strong turnout highlights Jollibee’s efforts to move beyond its traditional Filipino customer base and build wider appeal among American consumers, particularly in dense metropolitan markets . The company said customer traffic remained steady after opening day, driven mainly by demand f...

It's time to rethink about Chinese again. Here are some ways we can teach basic Chinese by introducing food in Chinese. All pictures here belong to the International School of Languages Facebook page. This would be one way to prevent the dead reading (si-thak in Amoy) in exchange for learning Chinese for real.  This could help create some interesting tests like: a.) Matching up the meaning and filling up the Pinyin. b.) Memorizing (and understanding) the mini-conversations with food as the topic .

It's really hot right now, isn't it? El Niño is approaching, yet haven't Filipinos learned anything? Back in 2024, I actually wrote an essay asking if one would rather die from heatstroke or thirst, in the name of Pinoy Pride economics . I could be getting more aggressive than usual right now. It was El Niño when I wrote the post I previously linked. Now, it's time to think about the call to subsidize electricity for the lower class. As good as it might sound on paper , however, the big problem is that the middle class and above aren't an endless wallet.  Why increasing tax rates to subsidize electricity may be a short-term solution I was even thinking if critics of the TRAIN law aren't complaining about excise taxes but the lower tax rates . Did people like those in the Makabayan Bloc and those who support them complain that by lowering tax rates, there's not enough taxes to support the electrical subsidy? Unfortunately, the Philippines' electrical sect...