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Showing posts from February, 2026

Is Jollibee "Invading" South Korea Now as It's About to Acquire 70% of Shabu All Day?

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...

[UNPOPULAR OPINION] Why People Power Anniversary Should Be a Special Working Day Instead

  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...

Going from Tet Offensive in 1968 to Doi Moi in 1986

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...

Honoring the Recently Deceased Jose de Venecia Jr. in a Business/Economics Perspective

That's right. Jose de Venecia  recently passed away yesterday. As an advocate for reform, it's sad but true that de Venecia didn't win because he was boring . It was easy to think of him as a boring guy. I remember the time when he was called in ISPUP as Yoda De Venecia (after the Star Wars character). I was just a clueless college student at that time when the ISPUP episode was shown. I was only 13 years old when de Venecia ran for president. It was also that era when Joseph Estrada (who's now 88 years old) ran for president, and it was that time when Atty. Hilario G. Davide Jr. (who turned 90 last year) became the chief justice.  Just recently, I found this eulogy   for JDV. I will not post the whole eulogy, but only the one from the one that would "fit better" for a business-economics blog: He helped advance policies that enabled major infrastructure projects through public private partnerships, converted former military bases into thriving economic centers...

Opening #SahodItaasPresyoIbaba Stores Nationwide Increases POGO-Related Risks (NOT FDI)

Alice Guo aka Guo Hua-Ping may be in jail now . However, I believe the saga is far from over . It reminds me that I actually wrote about how several idiots on Facebook go so far as to say, " Alice Guo should be a warning about open FDI! " Some have even gone as far as to say that POGO and Chinese spies should "justify" the Filipino First Policy . However, the harsher reality is that the Filipino First Policy may actually be encouraging dummy investors instead ! As the saga continues, I've decided to write what I might call my harshest entry yet. It's going to be Chinese New Year this year. This might be an entry that may need to be shared before the Lunar New Year! My grievances are  still ongoing because some people still demand #SahodItaasPresyoIbaba, no matter how destructive it  will be . That's why I use Venezuela as an example, especially during Nicolas Maduro's downfall . Back to the topic, I remember writing a joke post where I said, "Wh...