Philippine purchasing power falls by 40%

This was published in Asian Correspondent (May 31, 3:30 p.m.) where I write a column (Philippine Fantasy). The good news is that the economy grew by 7.3 percent. The bad news is that this is hardly felt. The Philippine government reported last week that the gross domestic product (GDP) grew by 7.3 percent... 

Source:  Rising Sun

SILLY LONG DISTANCE RATES

Long distance rates – a barometer of economic progress ? At a small Asian mall where I normally have my monthly haircut I saw a sign at a store window  : “ FREE OVERSEAS CALL – 30 MINUTES”. It was a promotion for a startup company competing in the VOIP ( Voice Over IP ) or voice over the... 

Source:  The Warped Zone

The Long View: Sobriety versus Wowowee

The Long View Sobriety versus Wowowee By Manuel L. Quezon III Philippine Daily Inquirer First Posted 23:05:00 02/14/2010 THE two leading candidates, Aquino and Villar, have taken turns facing the Makati Business Club to put forward their views concerning business and the economy. Their views present... 

Source:  Manuel L. Quezon III: The Daily Dose

A Philippines that Works: Noynoy Aquino on economic policy and transformation

A PHILIPPINES THAT WORKS: ECONOMIC VISION AND PLATFORM Senator Benigno S. Aquino III // read a briefing of his points here // Officers and members of the Makati Business Club, Your Excellencies of the diplomatic corps, ladies and gentlemen, my friends and countrymen. Thank you very much for giving me... 

Source:  NOYPIPOL: The Official Blog of Sen. Benigno 'Noynoy' Aquino

Noynoy Aquino on his vision for the Philippine economy: “We need a government committed to transformation”

Sen. Benigno S. Aquino III: “We need a government committed to transformation’ \\ read the full text of his speech here \\ Liberal Party standard bearer Senator Benigno “Noynoy” S. Aquino III presented his vision for the Philippine economy at the Makati Business Club’s (MBC) general... 

Source:  NOYPIPOL: The Official Blog of Sen. Benigno 'Noynoy' Aquino

Fish Bowl Theory Applicable to the Philippine Economy

This day my “Sociology with Family Planning” professor who is Mr. Luisito de la Cruz impart another knowledge and issue to be concerned of with regards to the economic status of the Philippines. He quoted a term used by a Sociologist that commented about the Philippine Economy back... 

Source:  Old Philippines

Hell drives economic growth and the dangers of doing a Bernie Villegas

Well it seems that religious belief especially in a place for the baddies, we call hell, sheol or inferno is somewhat correlated with economic growth according to this study. I’m sure the researchers used some sort of meta-analysis (I haven’t seen the academic paper) in their conclusion... 

Source:  Filipino Voices

Cookie Johnson Jeans: CJ by Cookie Johnson

The wife of basketball legend Magic Johnson, Cookie Johnson, is launching her new set of premium denim line called the Cookie Johnson Jeans or "CJ by Cookie Johnson".The Cookie Johnson Jeans will "embrace real bodies in both fit and style." CJ says "I couldn’t find jeans to fit my body type. It frustrated... 

Source:  The Composed Gentleman

Black Friday 2009 Deals: WalMart, Best Buy, Target

Black Friday 2009 deals are showing up online. WalMart, Best Buy and Target Black Friday ads are released or started leaking.Wal-Mart Black Friday 2009 DealsWalMart began its Black Friday deals last week when it offered the HP notebook for $298 or a 42" HDTV for $498. Next Saturday, Walmart opens its... 

Source:  The Composed Gentleman

Distress Calls at the Horn of Africa

A Thailand flag flying boat is heading from Oman to Yemen loaded with goods humanity needs. And suddenly, they were being chased by two speedboats. They sent a distress call to Sirichai Fisheries Co., Ltd.; but the message was cut off midway. Mayday! Mayday! . . . A distress call may not have completed, at least three times, to emphasize the urgency of the call. The pirates might have already boarded. As it was, Somali pirates have boarded and seized the vessel and the crew were held hostage at gun point. Read more at Pinoy Barking Hall

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