Business & Economics Perspective Blogger

Bilyonaryo News Channel It's time for me to address IBON Foundation yet again. I often receive comments that I'm not an economist like the IBON Foundation writers. I can cite authoritative sources to support my criticism. It's easy to accuse me of ad hominem. However, I'm focusing on the argument of IBON because how can an economic think-tank even keep suggesting proven,  outdated economic plans? Recently, the Bilyonaryo News Channel has featured Jose Enrique "Sonny" Africa. Here's something that Africa said that Lee Kuan Yew would've called third-world  mentality : “ We have to get over this thinking that foreign capital will save us ,” he said. “We also have to get over this thinking that we can’t produce enough food and therefore have to import everything. More household purchasing power means more aggregate demand. More aggregate demand means a bigger market for Filipino agriculture and Filipino industry. If Filipino agriculture and Filipino indus...

Credit: Verywell / Dennis Madamba Some time ago, I wrote about the Broken Windows Theory and school insults . Whenever I remember the vicious cycle where the insulter usually gets a free pass (out of the name of "kids just being kids"), I also get more violent despite the interventions done. It wasn't until I was in another school that both sides were usually mediated, even if teachers could often lapse into just "dealing with the bigger offense". It made me think that several fights I got into in high school, even if the conflict wasn't resolved immediately, eventually fizzled because when I got scolded for overreacting, the aggressor still had the punishment that met the offense. For example, I got the harder scolding for overreacting,  while the other person got scolded also for triggering the offense. I even felt that reconciliation with some of my former enemies may have been much harder without mediating between the  two sides of the conflict. I mean, ...

GMA News Online Today is the fifth year of Benigno Simeon "Noynoy" C. Aquino III's demise . The Philippines can be too easily divided. Honestly, I can admit that I didn't vote for or support Noynoy, or that I actually got caught in between one-sided political debates . As always, I will confess there would be biases,  and I'm not free from them. Now, to make an assessment, it's easy to see tributes for Noynoy can go from what deserves credit ot actually crediting him beyond his power . Whether we want to admit it or not, Noynoy's legacy should be viewed as a complicated legacy . Even good kings made terrible decisions too! We must give credit where credit is due. In fact, even former Singaporean prime minister Lee Hsien Loong actually wrote this on his X account: Saddened to hear of the passing of former Philippine President Benigno Aquino III yesterday. Had the pleasure of meeting him many times over the years, including when he visited Singapore in 2014....

Chinoy TV This is a viral Facebook post right now. Zhang Yingfei, who was dubbed as "Linda Walker "in a micro-drama  The Heiress Who Won With Brains . Sure, there are tensions right now between the Chinese government and ASEAN countries. Back then, I remember I was "outstanding" in the Chinese class, in the sense of being disconnected from the Chinese language classes and getting bad grades . It's because the classes were taught in Hokkien , where your only reward was actually passing; the siansi (teacher) didn't spank you with a ruler or do any absurd punishment for compliance, and the foundations were built on dead repetition . Thankfully, the Chinese School Association shied away from the mandatory Hokkien to the  open-house approach . It's because the open-house approach would mean, "You learn Mandarin in the language you already know. Let's teach Mandarin using English or your local dialect." It's like one of our Chinese siansis a...

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 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...