A tale of two photos

Banking in the Philippines, Part I: The fundamentals

A nation’s banking system is fundamental to a healthy and properly functioning economy. Banks are the middlemen among suppliers and users of funds, and when they go broke, there’s hell to pay. We should understand the Philippine banking system, how it works, and what its strengths and weaknesses are. This will be a series of … Continue reading

It’s Bongbong Marcos Or Bust Philippines

w by jameboy The blog recently written by chempo (“Marcos Revisionism Part II“) created a mini controversy after I opined that the effort to prevent the Marcoses from coming back to power has been proven ineffective based on what the Marcos family has ‘accomplished’ since returning to the country. I categorically said that witnessing the Marcoses … Continue reading

“Change for the sake of change” is not what the Philippines needs

Political candidates prosper by differentiating themselves from opponents, and doing so in a way that suggests they are bold and progressive, able to solve problems by doing things differently than they are done today. This leads to the unfortunate situation we see today in the Philippines that three candidates for President are running against Mar Roxas … Continue reading

Makati Business Club evaluation of government agencies

The Makati Business Club (MBC) does an annual assessment of the performance of 64 government agencies and offices. It is not a statistically reliable survey, as it represents the experience, knowledge and impressions of only 67 of the Club’s 400 members, but if two heads is better than one, for sure, 67 is better than … Continue reading