31 C
Makati City
Monday, February 27, 2017

Still looking for closure

A family is beginning life together. The wife has a successful career as a producer in the entertainment business. The husband is a well-respected engineer with a bright future in the aviation industry. A bouncing 3-year-old son dominates family activities. One morning on the way to the office, a brake failure caused a tragic one-car accident and the husband is...
Is it possible to pursue public-private partnerships (PPPs) on sports? How can this be viable? Name one example of a viable sports PPP. The Singapore Sports Hub (Hub) is one such model. This “strategic PPP” is a 25-year, close to P50-billion PPP between Sport Singapore and Sports Hub Pte. Ltd. This is touted to be one of the largest sporting...
Part One Doing business is getting more and more complex as we begin to realize that the profit or loss and net assets are no longer reflective of the real value of business. The argument that financial statements are not reflective of a company’s financial wellness is now getting a much bigger blow with recent publications, stating that only 20...

Do we need a death penalty?

The Committee on Justice of the House of Representative, after having conducted extensive consultations with various sectors and stakeholders during the meetings held on November 9, 15, 22, 29 and December 7, 2016, recommended House Bill (HB) 4727 in substitution of House Bills 1, 16, 513, 3237, 3239, 3240 and 3418, with Reps. Fredenil H. Castro, Pantaleon D. Alvarez,...

Heartbreak King

Leaders connect with people through the heart. Former Pepsi Cola Chairman and CEO Indra Nooyi said leaders today must lead with both their hearts and their heads. And preferably, leaders must lead using their hearts first before their heads. In his book A Good Lawyer, Bobby Quitain said the heart is the seat of our decisions. And regardless of who...

Is the DENR doing its job?

"All power tends to corrupt; absolute power corrupts absolutely,” according to British historian Lord Acton. Perhaps, no government agency has more absolute power than the Department of Environment and Natural Resources (DENR). Although rarely, if ever, talked about, ask almost any member of the mining industry “off the record” and you will hear stories of the corruption in the...
As an advocate for the cause of consumers and local industries, I am humbled – although perplexed – at a full-page advertorial of Mighty Corp. Executive Vice President and Spokesman Retired Judge Oscar Barrientos refuting my earlier  statement that  a two-tier cigarette tax is against the Anti-Trust Law, saying that my position on the proposed two-tier cigarette tax is without basis. As...

I agree

THE Palace explained that Edsa rites henceforth shall be modest. And the theme will be people power moving on. I agree 100 percent. The reason is that I opposed right at the start the public government celebration of a private act of courage and conviction—albeit it on a mass scale—staged against the government. Each of the people who went to...

Facing new external challenges

Last week I sat in a panel on a seminar organized by the Japan Center for Economic Research (JCER) on Asian economies in the midst of the new global environment. Together with research economists from Japan, India, Indonesia and Thailand, we tackled how the Trump Effect and the rise of new nationalism will affect Asia and our individual economies....
I once more visited my mother’s doctor. My purpose was to consult on what other medicines may be available for her. My mother has entered a new phase in her life. At the age of 90,  my mother has made it an all-night event to all relatives. I listen to hear her each night do that. The dialogue is very...
Social media is a powerful tool for waking voters up. It’s persistent—the messages you put out on social media are always available to read, watch and listen to again and again; it’s pervasive—it gives you a direct path to the voter’s eyeballs and ears, via their smartphones; and it’s dirt cheap. But the benefits of using social media in...
Presidential Communications Secretary Martin M. Andanar recently tried to torch the credibility of Senate reporters when he declared on national television that as much as $1,000 was offered to them as payment for covering a press conference, where a former policeman accused President Duterte of paying Davao Death Squad members to kill. Coming from a Cabinet official, that was a serious charge....
The unfinished Philippine Development Plan  2017-2022 has an underdeveloped Chapter Two, titled “An Overview of Prospects and Other Developments that Could Affect the Philippines’ Socioeconomic and Institutional Development”. Are our economic planners now taking a closer look at what is happening in the real world, and are prepared to abandon the old and simplistic export-or-perish and open-up-or-shrink economic-development formulas? Yes, the...

And now, the good news

If you have been around long enough, you see trends that peak and then fail and I am not talking about the stock market. Except that this idea does also apply to the stock market. But in the long run, things that today we think are going to last forever don’t. It is like that high-school friendship that was pretty...

Edsa revisited 

Part Two How she wrecked the entire government OUTGOING Prime Minister Cesar Virata, obviously oblivious of what was happening in Malacañang, formally turned over to Salvador Laurel the Office of the Prime Minister in a simple ceremony at the Executive House at 1 p.m., March 25, 1986. Two hours after the symbolic turnover, President Corazon C. Aquino invited Laurel, Juan Ponce Enrile...
Our Constitution enshrines the inviolability of the separation of Church and State, and reinforces the principle by further stipulating that no law shall be made respecting an establishment of religion or prohibiting its free exercise. On the other hand, Mark 12:17 mentions that one must “pay to the emperor what belongs to the emperor, and pay to God what...

Trust in God

IN another lesson from Jesus regarding discipleship, we are told that trusting God who cares for us should liberate us from our anxieties and make us free to focus on our commitment to God’s kingdom (Matthew 6:24-34). Focusing on the kingdom of God The absolute loyalty Jesus demands of His disciples is founded on the truth that no one can serve...