Ever heard of the expression "putting lipstick on a pig"?
BSP economists: Inflation uptrend to persist | Inquirer Business
Uptrend pala ha...
Ever heard of the expression "putting lipstick on a pig"?
BSP economists: Inflation uptrend to persist | Inquirer Business
Uptrend pala ha...
So to reduce debt, Sri Lanka had to sell assets ... win win win for China ... what a **** hole ... and that same **** hole is waiting for the Philippines to fall into ... mypres will see to that, I've no doubt.
The IMF has encouraged Sri Lanka to trim spending by state-run enterprises through reforms and reduce its debt through asset sales.
The process has already begun. Sri Lanka sold a 99-year lease to China in
December granting rights to a harbor in the southern town of Hambantota in order to write off $1.1 billion in debt.
For Beijing, which wants to establish footholds in the Indian Ocean, the financial deterioration of a maritime nation like Sri Lanka provides a golden opportunity. The lease sparked a backlash from regional rival India, since it offers China a potential harbor for its naval vessels.
The least Matet could have done is get a incompetant pretty bebot... hehehe
Career diplomats want Cayetano, aides to resign | Philstar.com
The career officers also mentioned DFA Undersecretary for Migrant Workers Affairs Sarah Lou Arriola, a non-career official, as another “liability” to the Duterte administration.
Prior to her appointment to the DFA, Arriola had no experience whatsoever in dealing with Filipino migrant workers, they said.
The officials said Arriola’s only visible credential is her close ties with Cayetano.
“Yet Arriola was the one who authorized the dispatch of rapid response teams (RRT) to Kuwait whose marching orders were to conduct more rescue of distressed Filipino housemaids, take videos of the rescue and upload them in FB (Facebook) for the whole world to see.”
They said Arriola was apparently ignorant of the 1961 Vienna Convention on Diplomatic and Consular Relations that she even went to Kuwait twice to personally instruct the rescue teams to intensify their operations in an attempt to show that Cayetano is on the side of the Filipino workers.
They claimed Arriola had flunked the Foreign Service Officers examinations.
“(She has) no moral ascendancy over career officers whom she treated with contempt, wanting to gain publicity to advance the sluggish political career of Cayetano,” they said.
The officials said the RRT was an ill-advised move to rescue Filipino workers in Kuwait since it could only be made in war-torn countries with no functioning government.
“Derisively referred to as “special forces“ by expats in Kuwait, Arriola’s RRT brought havoc to Philippine-Kuwait ties. Its blatant interference on its internal affairs was the main reason cited by the Kuwaitis in the expulsion of Ambassador Villa,” they said.
Last edited by Monseratto; May 2nd, 2018 at 10:40 AM.
Totally agree. As I said competitive advantage narin yan so obviously magshift dun focus because that is one of the easiest way to get out of poverty. And there is nothing wrong with that.
Ang mali is napabayaan yung support sa OFW at nacorrupt yung remittances nila ng Gov't. Yun ang talagang problema. Iniiwas pa kasi isyu sa kapalpakan ni DFA cayetano. Sent from my LG-H990 using Tapatalk
Fasten your seatbelt! Or else...Driven To Thrill!
China's plan
establish bases along its trade route
from SCS to the Indian Ocean and beyond
building bases in SCS is only a small part of a bigger plan
so is Sri Lanka
and Maldives
and Pakistan
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Notice the rise of Chinese teen worker in PH nowadays? Its also part of the scheme. China never invest on other countries if they can't get the bigger pie of the deal. When they invest, its only their money, but the workforce is chinese being brought to work here as locals (free of tax ofcourse), their machines and equipments are shipped here and not purchased locally (ofcourse tax free shipping), even their buildings are being built by chinese contractor employing chinese workers.
Example: I know a dozen chinese BPO company registered in Sta. Ana Cagayan which made their way into Makati and NCR just months ago. Go figure.
tapos people are surprised may runways sa south china sea artificial islands
hello
syempre
those islands are basically stationary aircraft carriers
i said it before
China has industrial overcapacity
their GDP has fallen from double digits to single
that's a lot of excess capacity
to put their companies and people to work, they're exporting that overcapacity ---> overseas infrastructure projects so their companies and people will have something to do
Obviously the Tulfo Brothers never heard about satirical comments...
Ang pikon ...talo.
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Yung building malapit sa B-side collective sa Malugay, Makati puro Chinese. Puro FOB.obvious galing mainland.
Sent from my ONEPLUS A3000 using Tapatalk
afaik matagal na wala ito
edit: recently lang pala
One-child policy - Wikipedia