Business & Economics Perspective Blogger

Lessandra When it's Christmas, it's so easy to think of the song of the late Andy Williams, "It's the Most Wonderful Time of the Year". The music itself reeks of toxic positivity,  whether one likes it or not. It's a shame, really, because December 20 was also the anniversary of Asia's Titanic, the sinking of the Doña Paz ! We live in a society that somehow never learns from its mistakes, like a person who's stuck in gambling debt, is still hoping to get rich gambling . Despite all that, Christmas toxic positivity still abounds in the Philippines. We still have a lot of ongoing bad habits, such as starting Christmas in September and then doing last-minute Christmas shopping during the week of Christmas. That's why every time I drive on the road on Christmas, I tend to shout, "Isn't it any wonder why the Philippines never improves?" The term Noche Buena has evolved over time . For some, it's simply the Christmas dinner. However, so...

I expect people to backlash on me. However, I feel I need to publish this harsh opinion. Maybe, DTI Secretary Crisina Aldeguer-Roque failed to do some necessary steps . For one, the term Noche Buena means "Good Night". One could ask, "What's for Noche Buena?" I have seen some people post the simpleng handaan as "Noche Buena" on Facebook. Somebody could say, "We bought hanging rice, grilled pork belly, and made a vegetable salad for greens." Perhaps the person only spent PHP 500.00 for the noche buena, given that the vegetables were based on availability from the time one went to the grocery.  As I read through the November 29, 2025, update  (written by John Eric Mendoza, Krixia Subingsubing, Logan Kal-El M. Zapanta), I noticed some violent reactions are from anti-reform people like the IBON Foundation and Kilusang Mayo Uno : Sonny Africa, executive director of economic watchdog Ibon Foundation , believes that even the agency knows it’s not re...

It's the first day of December. Right now, I don't even feel like celebrating Christmas. Cebu is still in a state of calamity overall. I don't even look forward to Christmas parties. I'm glad some churches have canceled Christmas parties, to divert the fundraising (such as paying PHP 500.00 per head or family) to convert them into relief goods purchases instead. However, some people can have a callous mentality that's akin to the Masque of the Red Death . Boomers may have tried seeing the film Masque of the Red Death starring the late Vincent Price. The story of the Masque of the Red Death had Prospero trying to deny the terrible plague called the Red Death, choosing to hold a lavish feast instead of helping his citizens! Lessandra The typical  Noche Buena can be high in cholesterol and the like. As I thought of DTI Secretary Christina Roque's rather tactless (but probably badly needed) statement that PHP 500.00 is enough for a Noche Buena of a family of four. T...

Christmas is just around the corner, isn't it? It's easy to tell me, "Stop being a Scrooge! Lighten up! It's Christmas!" Some people can't tell the difference between positivity and when positivity becomes toxic . If you think about it, toxic positivity is defined as: ...the belief that people should maintain a positive mindset no matter how dire or difficult a situation is. While there are benefits to being optimistic and engaging in positive thinking, toxic positivity rejects all difficult emotions in favor of a cheerful and often falsely positive façade . Every time I talk about Christmas foolishness (read here ), it's always pointed out that I love being negative. Honestly, there are times I'd rather be negative than to be overly positive. I always talk about mentioning the silly notions that my countrymen have like, "If the situation is bitter, just add sugar (read here )." In Cebuano, it's said, "Kung pait, butangi lang ug asu...

Philippine Star Is it me or is the Christmas Season really that toxic in the Philippines? I wrote an article about the irony of early Christmas season with late Christmas shopping . I didn't think about writing this but is it me or do people like to ask for impunity during the Christmas season? Think about that toxic former friend or former romantic partner. You cut off that person because of the toxic behavior he or she shows. However, you meet at a public place during the -ber months. The person says, "Let's reconcile! It's Christmas!" I can be open to reconciliation with classmates with who I had a childish quarrel back in high school. So far, one of the people I had a childish grudge wasn't  a toxic person. The reason why I feel I can reconcile with that person is because he's productive . The same can't be said for people who have a toxic attitude.  What do several Filipinos look forward to during Christmas? Would it be just the spiritual signific...

  Uproxx As Christmas is just around the corner--I feel more stress coming in! It doesn't help when people try to use the late Andy Williams' "It's the Most Wonderful Time of the Year" to try and skip the problem. It's already known that most Filipinos love to start Christmas in September . However, the irony is that Filipinos start Christmas early but do their Christmas shopping late. If they began the Christmas Season early, shouldn't they think about what to do before December strikes?  Two years ago, I wrote a post discussing last-minute Christmas shopping . Many Filipinos tend to do last-minute Christmas shopping. They had all of November (when the Christmas sale usually begins) but why do the Christmas shopping in December ? One of the things I blame is the one-day paycheck lifestyle (see here ). It can be observed that many Filipinos never learn to prioritize more important things . One can get their stars when they see their paychecks. However, the...

Make no mistake that I didn't vote for Ferdinand "Bongbong" R. Marcos Jr. for president. However, I support any decisions he makes if it's good. Right now, Bongbong should move towards economic charter change, for the sake of better investments. Some Filipinos still think the problem is government corruption. Never mind that Vietnam's current head of the Communist Party of Vietnam, To Lam, ate an expensive gold-crusted steak (read here ). Backlash even continued when Ninoy Aquino Day was moved to August 23, 2024, which is a Friday. August 28 is National Heroes' Day. However, the holiday was  Yesterday was Ninoy Aquino Day. For those complaining about the movement--they need to realize it's a non-working holiday. It's not like Chinese New Year, Ramadan, Eid-El Adha, Christmas, or the Gregorian New Year. Ninoy's death anniversary has its historical significance, not some religious significance. It's not like as if Bongbong's presidential decl...

  Well, it's the day after the Noche Buena and I'm wondering if some people are still hoping for some Christmas magic. The illustration above has a person who says, "You can do it. Please reach the goal." and "Just a bit more." The end goal says "New Year". People are complaining about inflation (even calling it the "highest in the world" as if we're in Venezuela) because they probably feel the need for lavish celebrations (read here ). That's what I find on Facebook where people complained about the rising prices of whipped cream and lechon or roasted pig (to name a few). However, some people are still choosing to overspend even while they whine about inflation on social media.  Noche Buena celebrations could be very lavish. As I love to mention, my former neighbors downtown tend to celebrate lavishly. It's not enough to get high-fat foods for the feast. Some even try to hire a band to play for them. Some party and get drunk ...