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"Will #SahodItaasPresyoIbaba Economics Lower Philippine Gas Prices?

Inquirer Gasoline prices have increased again, haven't they?  A few days ago, I wrote  why #SahodItaasPresyoIbaba's view of gas prices is questionable . Today, I feel like writing this after several complaints on Facebook. I would like to create a follow-up post. People are complaining too much without understanding the real reason why some countries have lower prices of gasoline. Real talk. We need to talk about economic policies,  and  of course, please do a study on supply-demand analysis  on supply chain management . Let's examine the complaints made by Bulatlat Bulatlat Here's a chart from Bulatlat that compares the increase in prices of gasoline between the Philippines, Thailand, and Malaysia. It's always problematic when people ignore simple economics. It's funny, but Bulatlat mentions this on their website: Note also how expensive our diesel and gasoline products are compared to those of our ASEAN neighbors. The estimated common price today of diesel in...

Filipinos Should Take Business Advice from Mahathir Mohamad, NOT Filipino First Policy Advocates

Perdana Leadership Foundation Last time, I wrote a post on whether Filipinos should listen to (a) Atty. Hilario G. Davide Jr., or (b) former Malaysian prime minister, Mahathir Mohamad . Both of them know the law, but we can still tell who made a significant difference to the nation. I thought about what Mahathir said, that education is a lifelong process . One can graduate with honors but fail in real life when one stops learning (read here ). It's a far cry from Davide's stubborn attitude, where he refuses to even amend the 1987 Constitution of the Philippines, to fit with the times! Mahathir's quote on entrepreneurship explores why some long-time successful businesses either fail in the present or continue to succeed. Nokia could've still remained relevant in the mobile phone market if it had taken such advice to heart . Nokia's lack of vision caused the crash and loss of dominance after decades of success. For businesses, the need to evolve is always there (read ...

Davide vs. Mahathir: Which Lolo Should Filipinos Take Economic Advice From?

The real issue isn't that something is old or new. Instead, if something old or new still works, or doesn't work! Many modern laws are built on some ancient principles, while adjusting to the current times!  The Constitution of Japan is actually older than the 1987 Constitution of the Philippines. However, it's more effective for the reasons that (1) their constitution is silent when it comes to regulating economic activities (ex., protectionist measures), and (2) it's a parliamentary system. Honestly, it's a pretty straightforward constitution compared to ours! As Mahatir Mohamad turned 100 today, I would like to raise up Atty. Hilario G. Davide Jr. once again. The problem isn't Davide's age but his unwillingness to embrace change when needed (read here ). This time, it's time to bring up a contrast between wise old people and unwise old people. A young person can be right where the old person is wrong. A young person can be wiser because he or she lea...

Mahathir Mohamad's Quote on "Never Stop Learning" is Why I Support Economic and Political Charter Change

Inspirational Quotes Back when I was in high school, I often felt I "never lived up" to the "legacy" of my family. It's an often bad habit by boomers to put their children under their shadow, brag about how "great" they are, and even talk and talk about the "good old days". Newsflash! An old man had something that would offend boomers. This old man is former Malaysian Prime Minister  Mahathir Mohamad . To avoid the Duterte vs. Aquino dichotomy--I often put the late Benigno Simeon "Noynoy" C. Aquino III under scrutiny. More likely, put the presidential system under scrutiny! I'll admit Noynoy had his ups, but he too had his downs.  Now, for Mahathir's words that reflect on how surprisingly updated this old man is, compared to stubborn boomers: He said education today was not only about learning history or literature, but more about learning new sciences that are revolutionising the world. “ Even business is now affected by n...

The Malaysian-Filipino Sweet Tooth Demographic

As a Filipino, I've observed the Filipino diet tends to lean on a sweet tooth. What causes this probable genetic disposition of the Filipino to crave sweets? That trait might be traced to one's ancestors. Newsweek also mentions it might be with the DNA . The Malaysians and the Filipinos have close genetics. The Britannica also cites this about Filipinos: The ethnically diverse people of the Philippines collectively are called Filipinos.  The ancestors of the vast majority of the population were of Malay descent and came from the Southeast Asian mainland as well as from what is now Indonesia . Contemporary Filipino society consists of nearly 100 culturally and linguistically distinct ethnic groups. Of these, the largest are the Tagalog of Luzon and the Cebuano of the Visayan Islands, each of which constitutes about one-fifth of the country’s total population. Other prominent groups include the Ilocano of northern Luzon and the Hiligaynon (Ilongo) of the Visayan islands of Panay...