Archive for the ‘Economy’ Category

Alibaba’s Jack Ma in APEC

Aside from President Xi Jinping, another APEC guest from China is stirring interest. He is Jack Ma, founder and chairman of the Alibaba Group, the largest marketplace in the world which is expected to be worth over $150 Billion by next year, according to Forbes.com. Ma is the second richest man in China (Forbes: $28.7 […]

November 10, 2015  Tags: , ,   Posted in: Economy, Finance  26 Comments

Pangilinan offers Spratlys to Chinese oil firm in Reed Bank talks

By Theresa Martelino-Reyes, VERA Files (Conclusion) Business tycoon Manuel V. Pangilinan offered China’s state-owned oil firm access to the Spratly group of islands in the South China Sea over which the Philippines has a territorial claim, although he had no legal capacity to do so. Pangilinan, chairman and chief executive officer of Philex Petroleum Corp, […]

March 10, 2014  Tags: , , ,   Posted in: Economy  One Comment

Chinese firm rejects MVP offer for share in PH project in Reed Bank

(First of two parts) By Theresa Martelino-Reyes, VERA Files A state-owned Chinese oil firm has rejected the proposal of business tycoon Manuel V. Pangilinan to invest in a contract to drill in the disputed Reed Bank but welcomed “innovative” proposals on how it can participate, according to a memorandum Pangilinan submitted to President Benigno Aquino. […]

March 10, 2014  Tags: ,   Posted in: Economy  5 Comments

Will PH be ready for Asean 2015 when we can’t do simple things right

What I’m relating is not a life-and-death matter but it shows why we are lagging behind with some of our Southeast Asian neighbors. When the Jetstar plane I took from Singapore touched down at the Ninoy Aquino International Airport about 10 in the morning yesterday, I realized I haven’t filled up the Immigration and Customs […]

December 15, 2013  Tags:   Posted in: Economy, Travel  25 Comments

Economic figures catch up with reality

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 […]

June 13, 2013  Tags:   Posted in: Economy  431 Comments

Confronted with unpleasant reality, Aquino goes into denial mode

Updated:Malacanang says PNoy not disparaging NSCB President Aquino is discrediting the report of his own government agency- National Statistical Coordination Board which says the much-vaunted impressive economic growth has not trickled down to the teeming poor in the country. The NSDB official release said: “Poverty incidence among population was estimated at 27.9 percent during the […]

April 27, 2013  Tags:   Posted in: Economy, Malaya  298 Comments

Recto’s equilibrium and erectile dysfunction

Update: Recto quits as ways and means chair: http://www.abs-cbnnews.com/business/10/15/12/recto-quits-ways-and-means-chair Studies have shown that the ill-effects of smoking coupled with poor diet and lack of exercise are not limited to cardiovascular, respiratory disease, diabetes and cancer, which are afflicting Filipinos at their most productive age, 40’s and early 50’s. In one of the lectures,Dr. Anthony Leachon, […]

October 15, 2012  Tags: , ,   Posted in: Economy, Health  345 Comments

Coca-Cola’s Inspector

At the Coke museum (The World of Coca-Cola) on Baker st. in Atlanta, Georgia, they show a replica of the process of producing their beverages, which number 3,500 under 500 brands. What I found fascinating was the “Bottle Inspector”. All the empty bottles pass through the Inspector that takes a picture of the inside of […]

May 13, 2011  Tags:   Posted in: Economy, Malaya  321 Comments

Ang Coke at ang kalusugan

ATLANTA-Tinanong ng isang reporter and mga opisyal ng Coca-Cola Company kung masasabi niya na hindi masama sa kalusugan ang kanilang binebentang inumin at deretso sinagot ng isang opisyal na “Coke is not unhealthy.” Sa mga interaksyun sa media na ginanap sa 125 na taong anibersaryo ng Coca-Cola, nagkaroon ng sesyun sa kalusugan (Health and Well-Being). […]

May 9, 2011  Tags:   Posted in: Abante, Economy, Education  16 Comments

Fresh supply of coins fail to curb currency shortage

by Jenny S. Santiago VERA Files If you gather all the Philippine coins circulating in the market today, their combined weight would be equivalent to 24,183 jeepneys, according to the Bangko Sentral ng Pilipinas. Philippine coins in circulation run into billions–15.74 billion pieces to be exact. BSP says the huge quantity of coins is such […]

November 18, 2010  Tags:   Posted in: Economy, Vera Files  17 Comments