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Tag: Amelia H. C. Ylagan
The day before Valentine’s Day, red roses were selling briskly at P5,000 per dozen/per bouquet at a small flower stand in a Makati mall. What a waste, the dumpy old widow grumbled to herself -- whoever guy is giving that near-wilting bunch of flowers to his lady love would do better to give her the cash.
Perhaps the question to be asked is not simplistically whether the Visiting Forces Agreement (VFA) is good for us or bad for us, but rather do we need a defense treaty with the US at this time, regardless of feelings over the fact that the US has some strategic advantage for itself by bonding with us? We have to be realistic about our status and capabilities before we thump our chests and bellow to be left alone to our own little devices against the big, cruel world.
The volcano might have been upset when the Augustinian friars first came in 1572 to establish a township on the shores of the lake in Batangas province. She erupted, most likely not in welcome, and blew her top in obvious agitation of disturbed peace and the intrusion into her sacred territory. “Ta-al” was what the natives called the volcano-island, “sin ta-as ng langit” (high as the sky) and queen in their primitive Nature-worship.
Iranian Major General Qasem Soleimani, Commander of the Quds Force of the Islamic Revolutionary Guard Corps. and acknowledged second most powerful man to Iran’s Supreme Leader Ayatollah Ali Khamenei, was killed by a US Air Force MQ-9 Reaper drone over the Baghdad International Airport Road in Iraq on Jan. 3.
The traffic problem is real -- we have seen it with 20/20 vision and experienced it in hours spent in the slow movement from home to work to home or to wherever in Metro Manila and in major cities. They say it is because of the lack of planning by generations of lazy politicians and bureaucrats with no vision.
It is not likely that US President Donald Trump will have a Merry Christmas. On Dec. 18, the House of Representatives voted along party lines (232--196) to impeach Trump for criminal bribery and wire fraud charges as part of the abuse of power charge of an alleged quid pro quo deal with Ukraine President Volodymyr Zelensky, The New York Times reported the next day. Trump’s troubles started in September, when House Speaker Nancy Pelosi initiated an impeachment inquiry presenting a whistleblower and alleging that Trump may have abused the power of the presidency by withholding military aid as a means of pressuring newly elected Zelensky to pursue investigations on Trump’s likely re-election rival Joe Biden and his son Hunter on their business dealings in Ukraine, and to investigate a conspiracy theory that Ukraine (not Trump’s friend Russia), was behind interference in the 2016 presidential election (NPR.org, Sept. 26, 2019). The US Senate, which is Republican-dominated, will make their decision on Trump’s impeachment in early 2020.
The story starts with Martial Law President Ferdinand Marcos. When he became president in 1965, the total external debt was $600 million; by the time he was ousted in 1986, it had ballooned to $26 billion -- a 4,300% rise, according to the Ibon Databank, cited in an article in the Philippine Daily Inquirer of Nov. 24, 2016.
“PHL lags in global education survey,” read BusinessWorld’s front page banner story on Dec. 5. A one-fourth page graph showed the latest results of the education survey by Program for International Student Assessment (PISA), conducted by the Organization for Economic Cooperation and Development (OECD).
The trending verbal joust between the administration and the oppositionists started from a piece of criticism by Senator Franklin Drilon at the Senate review of the “Build, Build, Build” infrastructure program of President Rodrigo Duterte. As quoted in the Philippine Star of Nov. 14, Drilon said that “the program was a ‘dismal failure’ because only nine of 75 flagship projects have been completed three years into the six-year term of the Duterte administration.” Salvador Panelo, the president’s spokesperson, immediately sequestered national TV airtime to publicly shame the opposition: “The Aquino administration had built not a single infrastructure project,” he declared with damning finality.
“The most important decision you have to make in your life is whom you’re going to marry. That decision will dictate the rest of your life, whether you will have a happy life or a miserable one,” billionaire taipan John Gokongwei, Jr., then already second richest man in the Philippines, told his only son and successor-apparent Lance, when young Lance was just was starting to look at girls -- or rather, when girls were starting to look at extremely good-looking Lance. The son, now happily married, relates this anecdote in his book Lessons from Dad, his tribute on his father’s 90th birthday in 2016.
With evident pride of accomplishment, economic ministers announced a 6.2% growth in gross domestic product (GDP) in the July-September period (third quarter) compared to the disappointing second quarter growth of 5.5%. It was explained that the second quarter was weighed down by the late enactment of this year’s (2019) national budget and a ban on new public works 45 days before the May 13 midterm elections. “The Duterte administration’s catch-up (spending) plan is working,” enthused Central Bank Governor Benjamin Diokno, former Budget Secretary and chief crafter of the 2019 budget -- which was delayed because of alleged “insertions” of reported certain allocations to some government officials’ interests.
“Inchoate” means imperfectly formed or formulated: formless, incoherent, the Merriam-Webster dictionary says, to which the Cambridge dictionary adds, “not completely developed or clear.” When Sanjoy Chakravorty, professor of global studies at Temple University, Pennsylvania, called the fever of street protests around the world in 2019 “inchoate displays of anger,” “inchoate” can only mean futile and desperate.
The Social Weather Survey (SWS) announced a “recovery” in October of self-rated poverty to 42% compared to September’s 45% from March’s “awesome” (according to SWS) 38% which was 12 points better than the 50% of December 2018. These are distressing statistics for bleeding hearts. There is no “improvement” in poverty. There is no “less poor” or “more poor” but only “poor.” In a deeply religious and morally demonstrative country like the Philippines, expression of empathy more than just lip-service sympathy is expected for the poor from those who have more in life.
It was a joint membership meeting of the Makati Business Club (MBC), the Employers Confederation of the Philippines, the Judicial Reform Initiative, the Financial Executives Institute of the Philippines, and the Management Association of the Philippines last Friday, Oct. 18, at the New World Hotel in Makati. The testimonial to Senior Associate Justice Antonio T. Carpio was not jubilation for yet another career trophy won, nor was it a sad goodbye, for he will be retiring after 18 years in the Judiciary and eight days as Acting Chief Justice.
“Comme ci, comme ça,” the critical and exacting French would say for something that would not meet the superlatives of quality and aesthetics they are generally attributed with. In English, its idem sonans (sounds-like) is “cum si, cum sa,” like if someone asks you, “how are you?” you might reply, “cum si, cum sa,” meaning you are feeling not good, not bad, just average. “Cum si, cum sa” means “so-so.”
The entire Hong Kong subway network -- which carries some four million passengers a day -- was suspended on Friday night, leaving protesters, locals, and tourists stranded. “Shopping malls were closed, supermarket chains said they would not open and many mainland Chinese banks, which were targeted in Friday night’s violence, stayed shuttered, their façades sprayed with graffiti. In some locations, long lines formed at supermarkets as residents stocked up, fearing further clashes,” Agence France Presse News (AFP) reported.
It was Jan. 15, 1973, the day Lim Seng -- a Chinese drug lord found to have had in his possession some 34.75 pounds of heroin worth P3 million in September 1972 -- was to be executed by firing squad as ordered by newly self-installed martial law president Ferdinand Marcos in his declared Drug War. Some 5,000 curious civilian on-lookers, roped off from the Known Distance Range, and they say another 10,000 at the Fort Bonifacio entrance, waited for the spectacle to start.
The small Vauxhall sedan had the EDSA highway practically all to itself, Mang Maldo, the family driver, repeatedly gushed to “Ma’am,” the grandma, and to the daughter, the young mother who held Ma’am’s precious baby grandchild in her arms. Why was it so eerily quiet?
The “holistic approach” to child development was the reason for this jack-in-the-box treat for school children: House Bill (HB) No. 3611 filed by House Deputy Speaker Evelina Escudero proposes to remove homework as a requirement for Kinder to Grade 12 students and prohibit students from taking textbooks home in order to “lighten their physical burden” and to do academic activities solely within school premises; and HB No. 3883 filed by Quezon City Representative Alfred Vargas, which seeks to “promote and protect the physical, moral, spiritual, intellectual, and social well-being of the youth” and prohibits elementary and high school teachers from assigning take-home assignments to students for the weekend. Senator Grace Poe filed Senate Bill No. 966 to establish a no-homework policy for all primary and secondary schools in the country, according to a GMA News report on Aug. 30.
President Rodrigo R. Duterte started the cauldron bubbling when on Aug. 9, during the celebration of the 118th police service anniversary at Camp Crame, he said that he believes police officers should accept gifts if these are given out of gratitude or generosity. “Well, if you’re given a gift, accept it. It cannot be bribery because it is allowed by law. What I mean if there is generosity in them, the anti-graft law says you cannot accept gifts. (Kalokohan ’yan) That’s nonsense,” he was quoted by The Philippine Star as saying in its Aug. 11 issue.
Last week Commissioner Ephyro Luis B. Amatong announced that the Securities and Exchange Commission (SEC) is now looking at mandating a 20-25% Minimum Public Offering (MPO) range for listed companies, against the November 2017 order for these public companies to hit 15% MPO within three years, then another two years for the final 20% MPO.
On Monday last week, 15 economists polled by BusinessWorld -- 11 from banks and financial institutions and four from the academe -- were sure gross domestic product (GDP) growth in the second quarter (April to June) would have leaped to 5.9% from the nasty fall in the first quarter to 5.6% (the lowest in four years) after the hopeful 6.3% quarter-growth at year end 2018. Perhaps they were encouraged by Secretary of Socio-Economic Planning Ernesto M. Pernia’s assurance last June that though the second-quarter growth will “not be as strong as the third quarter would be,” a 6.5% GDP growth for the year would be “attainable.”
Call it an in-your-face taunt that Facebook, the social media platform for some 2.38 billion worldwide users -- while beleaguered by seemingly never-ending privacy issues with the US Federal Trade Commission in its 15 years of existence -- has launched its own cryptocurrency, much to the Federal Reserve Bank’s dismay. It is probably the ultimate face-off between today’s 10-year-old high-tech cryptocurrency and traditional money as first recorded in Sumerian cuneiform tablets of 4,000 BCE.
“You know, I cannot go there even to bring the Coast Guard to drive them away. China also claims the property and he is in possession. ’Yan ang problema. Sila ’yung (That is the problem. They are the ones) in possession and claiming all the resources there as an owner.” -- President Rodrigo R. Duterte said that quite clearly in his fourth State of the Nation Address (SONA) on Monday, July 22, at the opening of the 18th Congress.
“I get to punch a senator in the face,” Keith Thurman said of Manny Pacquiao days before their welterweight championship boxing match on Saturday in Las Vegas. It was a TKO, even before the undefeated 30-year-old American WBA (Super) Welterweight World Champion climbed into the ring to exchange fisticuffs with Filipino boxing icon and reigning WBA (Regular) Welterweight World Champion, boxing’s only eight-division world champion, 40-year-old Senator Emmanuel “Manny/Pacman” Pacquiao.
“Marriage is the death penalty.” This is a statement that might be heard at a bachelor’s party. Perverted comic relief, of course, because here in the Philippines, marriage is “till death do us part” -- there is no divorce. But things will change; macho guys are in charge in government now, and the Divorce Law will probably be finally passed in this 18th Congress. Ironically, the Death Penalty Bill will also probably be filed on the opening day of Congress.
In the sustained anxiety of society from three years of relentless fault-finding and finger pointing on the past mistakes and sins of previous political administrations (plural), fate has taunted all with still more alleged anomalies, scams, even possible crimes -- recidivist, it would seem, to “past” wrong doing. Alas, Philippine politics is like that.
A REIT -- or Real Estate Investment Trust -- is a 33%-publicly owned listed company which uses pooled funds of investors to purchase, lease, re-sell, and manage income-generating real estate assets such as malls, offices, condominiums, warehouses, and other infrastructure. The REIT Law of 2009 that formally established the REITs is meant to help develop and democratize the capital markets, with prospects for even the small investors to earn regular income and long-term capital appreciation, much like participating in mutual funds.
“Republic Act 10351, or the Sin Tax Reform Law, is one of the landmark legislations under the Aquino Administration. It is primarily a health measure with revenue implications, but more fundamentally, it is a good governance measure. The Sin Tax Law helps finance the Universal Health Care program of the government, simplified the current excise tax system on alcohol and tobacco products and fixed long standing structural weaknesses, and addresses public health issues relating to alcohol and tobacco consumption” (www.dof.gov.ph/index.php/advocacies/sin-tax-reform).
At the BusinessWorld Economic Forum 2019 last week, keynote speaker Jaime Augusto Zobel de Ayala, “JAZA”, chairman and chief executive officer (CEO) of Ayala Corporation made it clear: “Businesses should realize that what brought us success in the past will not be the same issues or factors that will bring us success in the future” (BusinessWorld May 31, 2019). He shared how the Ayala group has consistently embraced innovation, enabling it to remain in business for the last 185 years.
Egypt is an old soul in an old body that would not die. The idea of mummification is 3,100 years old, Egyptologist-archeologist Mohammed Abdel Aziz (not Arabian, not African, but proudly Egyptian) says, as he points up to the heavens to emphasize Eternity. In Saqqara, north of Memphis, there are 118 pyramids to house the sarcophagi of mummified pharaohs and noblemen. The Djoser pyramid capped with luminescent limestone to mimic the rays of the morning sun towers 62 meters (203 feet) but still the Khufu pyramid of Giza, the largest Egyptian pyramid and one of the seven Wonders of the Ancient World, reaches up an awesome 146.7 meters (481 feet). A narrow shaft that comes from the pinnacle to the burial chamber directs the sunlight to the deceased pharaoh’s mummified body and lifts his soul to the heavens and to the gods. It is the story of Resurrection and Eternal Life.
Big banks posted another banner year in 2018, with profits growing by a tenth at a time of higher borrowing costs and a weaker peso. Total operating income grew by 14.9% to P564.202 billion from P491.227 billion the past year, central bank data showed (BusinessWorld Feb. 11, 2019).
“Many areas in the metro have experienced weak to no water supply, with some areas having people line up for hours to get water from tankers,” BusinessWorld reported, as all other media did, in the anxiety of worse to come. The people are angry.
“Here’s your credit card, Ma’am, no need to sign the charge slip for payments below P2,000,” the waiter at her favorite Italian restaurant says to the lady-lawyer, a regular diner. “But I want to sign the charge slip,” she insists. “See here, there is a blank space for the tip to be given, if the customer wanted the tip to be included in the credit card charge -- how would I know if an outrageous tip amount was added by someone without my knowledge? How can I prove, should I question my credit card statement, that I did not write in a tip on the charge slip?”
Today is the 33rd anniversary of the EDSA People Power Revolution (EDSA I). “It commemorates the peaceful demonstrations that occurred in 1986 and led to the overthrow of the corrupt rule of President Ferdinand Marcos....In previous years, 25 February was a work holiday, but today, the Monday nearest that date is a holiday only for school,” a travel service website informs interested tourists (https://publicholidays.ph).
Let’s not talk about Maria Ressa. What if she was arrested for “cyber libel” at the Rappler office by the National Bureau of Investigation day before Valentine’s Day, just before 5 p.m., the cutoff time for courts to process bail payments? Harassment? What’s “cyber libel,” anyway? We are becoming inured to all sorts of fake news and bad language on social media, as we are numbed to virulent cursing and swearing, public shaming and outright accusations on national mass media.
Primogeniture: the state of being firstborn of the same parents. In common practice since time immemorial in most cultures, the eldest child, most often specified to be the oldest male offspring, inherits real property and the family business. Is that still so in our culture?