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Strategic Perspective By René B. Azurin Business World WATCHING THE nation celebrate its Independence Day yesterday while 27.9% of its population (of 97 million) remain mired in poverty is, frankly, discombobulating. Further, of some 43 million Filipinos 18 years of age and over, 25.4% of them currently cannot find jobs (according to a March 2013 survey of pollster SWS), a rate of unemployment largely unchanged Read More …
By ANGELA CELIS MALAYA The collapse of the stock market and the weakening of the peso has not diminished the faith of a New York-based think in the growth prospects of the Philippine Economy. Global Source said that it upgraded its growth forecast for the country by more than one percentage point to 7.2 percent for 2013. In its latest Market Brief, Global Source said Read More …
An ‘unlawful law’ on a silver platter By Bernie V. Lopez President Aquino recently signed still another “unlawful law,” meaning unconstitutional and/or contrary to other laws. Just like the Cyber Law, and EO79 which contradicts the Mining Act of 1975 and the Indigenous People’s Rights Act (IPRA), he signed RA 10574, allowing foreigners to own up to 60% of rural banks. This penchant for brazen Read More …
Making life worth living By Ellen Tordesillas Malaya I thought I was the only one who could not connect the glowing assessments of multinational financial firms and day- to- day realities. I thought I and my friends are the only ones who have not been showered with the financial blessings the government is boasting of. Then even as international financial firms continue to hail the Read More …
By VICTOR REYES MALAYA A RANKING official of the National Security Council yesterday related incidents showing what he said was China’s “aggressive behavior” in the West Philippine Sea (South China Sea) and called for additional defense funding to uphold the country’s interest in the region. Vicente Agdamag, deputy director general of the NSC Secretariat, said China’s acts confirm its “clear intention to consolidate its control” Read More …
By William B. Depasupil The Manila Times After acquiring the warship BRP Ramon Alcaraz the Philippine Navy said a frigate and an anti-submarine helicopter are next on its shopping list. The Alcaraz that is expected to arrive in the country this year, after successfully testfiring the Oto Melara 76mm artillery, Navy spokesman Lt. Cmdr. Gregory Geral Fabic said on Wednesday. “Everything went well,” Fabic said, Read More …
By DUCKY PAREDES MALAYA ‘Must all these issues of propriety, transparency and accountability be forgotten?’ With just two days left in the calendar for the 15th Congress, Senator Juan Ponce Enrile resigned the Senate Presidency “as a matter of personal honor and dignity. “Old age may have physically impaired my vision. But let me assure all of you, I can still see and read clearly Read More …
ON DISTANT SHORE By Val G. Abelgas There is nothing wrong with dreaming. But at least one must dream realistically. Take the case of those education officials who insisted on implementing a K-12 program that added two extra years to the country’s 10-year basic education despite the strong objections of teachers, students, parents and progressive groups and despite the obvious lack of logistics to support Read More …
By AMADO P. MACASAET MALAYA ‘A Chief Justice who has so far remained in the minority appears to have lost the capability to influence the Court towards her own mind in interpreting the law.’ Chief Justice Maria Lourdes P. A. Sereno seems to have produced enough evidence that she cannot lead the Court. It is not the fact that her adversaries, Associate Justice Teresita de Read More …
By DUCKY PAREDES MALAYA ‘For this concerned citizen, if we can save half of the money we will be paying for imported license plates by buying quality plates made locally, why not? That seems the smarter thing to do, doesn’t it?’ IN theory, whenever government does anything, it does what is best for everyone. Thus, when it wants anything, government buys at the lowest price Read More …