Philippine Economy Talk

[Monseratto]

https://bilyonaryo.com/2023/03/16/gi...ess/#gsc.tab=0

“PAL’s new management discovered an allocation for Sebastian and learned that he had been asking for millions of pesos over the past decade, supposedly as payment for the excise tax needed to release the jet fuel from BOC,” he said.

Sebastian denied any wrongdoing and insisted that the money he collected was a “gift” from Tan.

“It was a gift from Kapitan (Lucio Tan) for being his assistant for 40 years. Why would I extort from PAL when I could easily ask for money from Kapitan?” Sebastian told Bilyonaryo.

Espinosa said inquest proceedings against Sebastian and Tan would “hopefully” start on Friday (March 17).

[uls]

Sa PLDT nga nangyari din e

yup

pag malaki na ang company dami na tao sa bureaucracy

ung mga may ari di na nakikialam sa day-to-day operations they leave it to the managers

diyan nangyayari ang corruption... when you have corrupt managers

[uls]

nagkakaroon ng sindikato sa bureaucracy

like what happened in gov't agencies hawak ng sindikato

[Monseratto]

Mukhang si Lucio Tan III

BIZ BUZZ: Lucio Tan Group’s D-day looms | Inquirer Business

1st wife family affair

Has it been a year already?

Taipan Lucio Tan’s LT Group Inc.’s annual meeting is coming up on May 3 and, unless plans miscarry, the event will likely see the realization of a family’s carefully planned succession moves.

We’re referring to Tan’s millennial grandson, Lucio Tan III, taking the reins of the empire as LT Group’s president after being named chief operating officer and vice chair a year ago.

The younger Tan will replace his uncle, Michael Tan, the company’s longtime president who helped grow LT Group into a P110-billion conglomerate.

[Mask Rider Blac]

So who is the successor of Lucio Tan?

BIZ BUZZ: Lucio Tan Group’s D-day looms | Inquirer Business

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[Athrunzala]

Sa PLDT nga nangyari din e

and Metrobank too, the senior lady executive already had the trust of the owner George Ty for many years, and yet she gave in to the temptation that she can get away with the heist...

[baludoy]

didn't know figaro din pala ang founders ng pickup coffee

Tech in Asia - Connecting Asia's startup ecosystem

[uls]

Sa PLDT nga nangyari din e

after investigation of P48B "budget overrun" some senior VP level executives of PLDT took early retirement / voluntary resignation

[dreamur]

BOC and PNP are still the most corrupt institutions. Legacy ni digong.

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[Flipo]

Peso weakens further, pierces 56 to $1 level | Philstar.com

Peso weakens further, pierces 56 to $1 level
Lawrence Agcaoili - The Philippine Star
April 19, 2023 | 12:00am

[dreamur]

BOC and PNP are still the most corrupt institutions. Legacy ni digong.

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Sasaya na naman mga ofw nyan [emoji854]

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[baludoy]

she's back

https://twitter.com/bilyonaryo_ph/st...577265666?s=20

akala ko tuluyan ng mag-sasara ito eh

[shadow]

she's back

https://twitter.com/bilyonaryo_ph/st...577265666?s=20

akala ko tuluyan ng mag-sasara ito eh

Diyan pa yun last event na attend ko before the lockdown of 2020. March 5, 2020 yun event then after that everything went down.


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[Mask Rider Blac]

A breath of fresh and truthful air..

https://youtu.be/8IN6BCIw0qY

[Monseratto]

A breath of fresh and truthful air..

https://youtu.be/8IN6BCIw0qY

Philippine has been a no go for manufacturing since Cory's time. Poor power and transportation infrastructure, red tape. political interference and wishy washy incentive laws.

[Flipo]

A breath of fresh and truthful air..

https://youtu.be/8IN6BCIw0qY

Not by tax perks alone | Philstar.com

Not by tax perks alone
DEMAND AND SUPPLY - Boo Chanco - The Philippine Star
August 4, 2023 | 12:00am[/B][/I]

I was watching Cathy Yap’s interview with Stevie CuUnjieng, an internationally experienced investment banker on YouTube, and he is, as always, brutally correct to say investors choose Vietnam because of our iffy and expensive power supply and poorly trained workforce. Then, he said something that’s probably surprising: even second tier universities in Vietnam produce graduates comparable to if not better than graduates of our top tier universities. And they produce more graduates of technical courses too.

Our corrupt and self-serving political leaders are our most lethal disadvantage… as well as bureaucrats prone to excessive regulation.

And Stevie brought up another important point: we suck in implementing anything.

For an unbiased view, I asked Chat GPT to tell me why Vietnam is favored by investors over the Philippines. Here are some points:

[Mask Rider Blac]

Not by tax perks alone | Philstar.com

Not by tax perks alone
DEMAND AND SUPPLY - Boo Chanco - The Philippine Star
August 4, 2023 | 12:00am[/B][/I]

I was watching Cathy Yap’s interview with Stevie CuUnjieng, an internationally experienced investment banker on YouTube, and he is, as always, brutally correct to say investors choose Vietnam because of our iffy and expensive power supply and poorly trained workforce. Then, he said something that’s probably surprising: even second tier universities in Vietnam produce graduates comparable to if not better than graduates of our top tier universities. And they produce more graduates of technical courses too.

Our corrupt and self-serving political leaders are our most lethal disadvantage… as well as bureaucrats prone to excessive regulation.

And Stevie brought up another important point: we suck in implementing anything.

For an unbiased view, I asked Chat GPT to tell me why Vietnam is favored by investors over the Philippines. Here are some points:

18:00 - 19:40

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[baludoy]

A breath of fresh and truthful air..

https://youtu.be/8IN6BCIw0qY

Aka yam concepcion's father-in- law.

He made an interesting observation on Marcos Jr's 1st year (or something like that. I can't recall). He said so far bbm hasn't done anything significantly bad to the economy, but he hasn't done anything good either.

I'm not sure if that was an indictment but he said it in a matter-of-fact manner.

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[Monseratto]

Anong klaseng spending BaByM has in mind?

Malacañang says that President Ferdinand Marcos Jr.'s admin will accelerate spending to recover the momentum lost following the PH GDP's growth slowing to 4.3%. |

Lahat ng foreign trips niya na puro pledges...

The net inflows of foreign direct investments (FDI) into the Philippines fell by 34% to $488 million in May from $739 million in the same month of 2022, according to the Bangko Sentral ng Pilipinas. | via Ron W. Domingo, Philippine Daily Inquirer

[uls]

April Tan of COL says contraction is due to inflation and higher interest rates

she missed government underspending