Shaun T. Dy's Business & Economics Perspective Blog

This is probably one of the most ridiculous memes I've seen. The meme has been used by leftists or communists to show why we need to defund the police. To defund means to remove funding. To defund the police means to remove funding from the police . The representation of leftists and/or communists is that the police must be defunded in favor of education, universal healthcare, youth services, housing, and other community reinvestments. This has me concerned about the move to defund the police because it means removing funding from the police in favor of other functions. An incident in Cebu City last May 26, 2022, had me scared. It should be a very big concern when the CCLEX, Carbon, and two other areas in Cebu City were given bomb threats. I couldn't imagine for a bit what happened in the United States of America (USA) happened in Cebu City. The incident involving the late George Floyd years ago was caused by police brutality. I'm not going to deny that police brutality exi

The term of President Rodrigo R. Duterte is about to end. It would be an important landmark in Duterte's term to sign the Public Services Act of 2022 . However, some clueless or even dishonest people (who spread the lies to mislead people presumably for their benefit ) are making up lies against foreign investment. Some of the common lies that I've read on Facebook or heard in real life can be summed up as follows: Only foreign investors will get rich if they are allowed to invest in your country. Foreign investments will increase foreign debts. First-world countries progressed through protectionism before receiving foreign investment. I wonder have these people who made such claims even gone to school ? Some people just go to school to pass (and forget everything), under parental pressure, get a degree to flaunt, or just because it's required to land a better job. I guess I'm irritated at such comments because I'm a Masters in Business Administration (MBA) graduate

High School Philippine History Movement I was afraid I would be running out of ideas. I wanted to recall some businesses that closed down such as Nova Fontana (my once favorite toy store), Alyssa Caramel (my favorite candy store), El Loco (which used to open at IT Park), etc. Now, I decided to focus on remembering my childhood and values education. Values education is supposed to teach proper manners and good conduct. However, values education tends to become a propaganda tool of the National Economic Protectionist Association (NEPA) to justify Carlos P. Garcia's erroneous Filipino First Policy. However, the whole policy really helped cause the Philippines to fail. Its very idea of Garcia is that majority of the economic participants had to be Filipinos. It might sound good in theory but it wouldn't work with how the late Lee Kuan Yew would put it.  Apparently, Garcia has never learned the consequences of protectionism from history--whether it'd be the Stock Market Crash of

It's said anybody can do stock trading. However, the idea can be very suicidal if one decide to rush into stocks without studying how to effectively do it. Some people can even recklessly borrow tons of money and end up harming themselves when the trade was at a loss . They might've borrowed the money from a loan shark for all we know. I'm trying to study the stock trade though there's a good option. AXA Chinese Tycoon is a managed fund. Now, there's also Unit Investment Trust Fund (UITF) which could be a good alternative while one is learning to do stocks. Stocks can be learned but remember-- no investment is ever a walk in the park. Stocks need some time to learn.  I haven't started direct stock trading it. Meanwhile, I'm aware that funds like the AXA Chinese Tycoon or the UITFs are powered by stocks . The pandemic has prevented me from doing direct translations. Instead, I decided to use GCash and ATRAM (linked to GCash ) to start another trading portfoli

The Korea Times It would be good for me to write some international marketing articles. Take note that I'm no financial adviser or guru. I'm just another MBA student sharing his thoughts about business and economics in the Philippines and abroad. This time, I found out that Lotte is pulling out of China. I was wondering exactly why did Lotte want to leave China. This is what The Korea Times has to say: However, the Korean government deployed a U.S. Terminal High Altitude Area Defense (THAAD) anti-missile system on a golf course in Korea owned by Lotte despite strong opposition from China. In retaliation, Beijing started to impose tougher regulations on Lotte's subsidiaries in China. Lotte Mart and Lotte Department Store closed down their businesses in China in 2018, followed by Lotte Chilsung Beverage and Lotte Confectionery the next year. Lotte also planned to build an amusement park in Shenyang, Liaoning Province, which took a long time to get permission from the Chinese

The Telegraph Venezuela is an oil-rich country yet it's a very poor country. Somebody could go ahead and give every unthinkable reason such as "foreign investments caused it" (a blatant lie) and "It's because America had economic sanctions in Venezuela". Yet, the answer can be found in several causes such as corruption. Yet, China and Vietnam, which can be seen to still have a good amount of corruption, are far more successful. The answer also lies in one policy--economic protectionism . The very idea that a country that first world countries used "protectionism" to succeed is a lie as proven by Venezuela's ongoing crisis. A common-sense examination of one root cause of Venezuela's continuing crisis Forbes magazine mentions this in "What Do Investors Need To Understand About Venezuela's Economic Crisis?" by Nathaniel Parish Flannery on December 21, 2016: Venezuela is far and away the worst-managed economy in the Americas . Ad