31 C
Makati City
Tuesday, April 25, 2017
IF we were to ask President Duterte and his economic managers, the solution to poverty would be to build and build some more. In a recent forum, our top infrastructure officials joined some Cabinet economic managers to pitch what they call “Dutertenomics”, which is seen to usher in a...
SO what? That’s what skeptics of the Association of Southeast Asian Nations may say as Asean holds the first summit of its 50th year this week. After all, half a century on, the grouping only began the road to market integration last year. Hardly impressive for an entity that prefers to...

Rising to greater heights

The resurrection and rising of our Lord Jesus Christ is the highlight of the Holy Easter celebration just passed. For those accountants involved in the Small- and Medium-sized Practices (SMP), this can be the inspiration for them to rise to greater heights. SMPs in the Philippines consist of around 6,300...

Immunity from suit

The principle enshrined in Section 3, Article XVI of the Constitution that the “State may not be sued without its consent” reflects nothing less than a recognition of the sovereign character of the State and an express affirmation of the unwritten rule effectively insulating it from the jurisdiction of...
What do stakeholders have to say about public-private partnerships (PPPs)? What are their PPP stories? What are their roles and perceptions? Starting today PPP Lead will feature PPP Conversations. This columnist will propound frequently asked questions to be answered by PPP stakeholders. Our first conversation will be with the PPP...

Chump change

CULTURE will dictate how far an organization will progress or digress as former Singaporean Prime Minister Lee Kuan Yew said, “Culture is destiny”. Changing a culture seems a daunting task since mindsets of those within the organization have been likely set, fixed and established by factors outside the organi­zation,...
AS I write this, there have been several earthquakes in different parts of the country, with many of these movements affecting the city of Batangas. People have come out with messages that we should not focus our attention on this fearful scenario, because it accumulates a collective energy of...

Fast-forward

During one Philippine Airlines leadership seminar, our speaker, Tita Datu Puangco, said unity is the heart of leadership. She said unity starts with personal integration, which is one’s “ability to enhance personal awareness, get grounded, process struggles and resolve dilemmas”. I agree that unity has to start within us....
Everyone wants peace, of course, even Kim Jong Un, despite the North Korean despot’s war-baiting threats to develop missiles that can nuke Uncle Sam. Nothing tickles the fancy of founding father Kim Il Sung’s grandson than Washington, Tokyo and Seoul joining Beijing in showering aid on Pyongyang, just to...
SUMMER is here—the Philippine Atmospheric, Geophysical and Astronomical Services Administration declared on April 5 the start of the dry season for this year. With the coming of summer, which coincided with the school vacation and the Holy Week, we expect a surge in travel all over the country beginning this week,...
LAST week the Philippine stock market broke out a long period of range trading stretching back to the first of the year. The only comparable event like this occurred at the market bottom in 2009. On February 28th I wrote, “But eventually—coming like the rains in California—this will end”,...
I seriously doubt that the political negotiations between the Duterte administration and the communist-led National Democratic Front (NDF) will move forward and reach a comprehensive peace agreement without a joint cease-fire. The fourth round of the peace negotiations were held last week in the Netherlands with neither side declaring a...

Success stories

Erwin Macua worked as a security guard in Saint Theresa’s College, Cebu City, for nearly two decades. This month he has graduated from the same school with a bachelor’s degree in Elementary Education, cum laude. A husband and father of three, Erwin enrolled for a degree in 2013. At night,...
THERE is no subject further stirring up the public’s social and economic interests than rising electricity bills. After all, this affects households, commercial and industrial sectors. When the Electric Power Industry Reform Act (Epira), or Republic Act 9136, was signed into a law on June 8, 2001, by then President...
Ostensibly invisible. Ubiquitous. Discounting God’s creations and those naturally occurring in nature, just about everything you see around are the products of man’s creativity, ingenuity, curiosity, or necessity for addressing needs. From womb to tomb, from sunrise to sunset, from the moment we wake up and even while asleep,...
IN the Philippines we know that there is quite a number of people who take loans from loan sharks and illegal loan operators. They charge such oppressive interests that the small people, who are usually their patrons, end up buried in so much debt. The most common is the...

‘Magnet Man’

LEADERS worthy of emulation make any working environment a happy place to the extent that outsiders are “magnetized” to join him. Recruitment experts say the best talent magnet is not your Human Resources Manager or a skilled headhunter but the head of the organization. In US sports, most athletes...
Should a handful of experts, lawyers and consultants have monopoly over knowledge about public-private partnerships (PPPs)? What constitutes the PPP learning ecology? Why is learning critical for success of the PPP program and projects? We are all stakeholders. Parties to a PPP arrangement—a government agencies and private proponents—are not the...
Curbing corrupt practices in the government requires significant political will and governance mechanisms to allow transparency in financial disclosures of individual government personnel. Current laws in the Philippines require the annual filing of government official’s Statement of Assets, Liabilities and Net Worth (SALN) under Republic Act 6713. However, these...
‘Attorney” is not only a title—it is a responsibility. “As officers of the court, lawyers must not only, in fact, be of good moral character but must also be seen to be of good moral character in leading lives in accordance with the highest moral standards of the community. More...
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