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FILAMSPEAK: Is Jose Cuisia an absentee ambassador?
By Cristina DC Pastor & Maricar CP Hampton A Philippine columnist made a most startling accusation: Ambassador Jose Cuisia is a part-time ambassador! That he sits on the board of nine Philippine companies and that he is often “absent in (his) job making money in the Philippines.” We sought comments from the Philippine Embassy and […]
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OFF THE WALL: Purely sentimental: Investing in the Philippine stock market
By Rene Pastor I have a small online account to invest in the Philippine Stock Exchange (PSE). It is far smaller than my IRA in the United States. Sometimes, I wonder why I keep it open. The only answer I can come up with is sentimental value. It is the only way I can own […]
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OFF THE WALL: Will the public follow Twitter stocks? Will # be the new $?
By Rene Pastor Twitter is going live on the New York Stock Exchange on November 15 in an initial public offering which will be the biggest thing since Facebook went public on May 18, 2012. How will Twitter’s IPO compare with Facebook’s? The questions that will have to be asked of Twitter are the same […]
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OFF THE WALL: What are the odds stock picking can make one a millionaire?
By Rene Pastor One of my students in junior college said the stock market reminds her of a casino. She may have a point. How many investors out there think they have found this hidden nugget of a stock which could make them millionaires down the road? A lot of guys dream of buying a […]
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OFF THE WALL: The conscience investor: What type are you?
By Rene Pastor Last week, AIG CEO Robert Benmosche compared the loud complaints over astronomical executive bonuses to “lynchings” in the Deep South 80 years ago. What a dumbass. He would apologize, though, calling his statement a “poor choice of words.” Was he sincere? Public backlash may have forced him to issue that statement, who […]
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The Nena way to beauty
By Veronica Velarde-Pulumbarit Tagalog is slowly creeping into the American lexicon with brands like Dalaga boutique in Brooklyn, Maharlika restaurant in Manhattan, Katamisan cakes in Queens, and now Nena makeup in Chicago. Nena Cosmetics, manufactured in the U.S. and Germany, are sold in the U.S., the Philippines, Dubai, Spain, Hong Kong, Mexico, and Singapore. They […]
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OFF THE WALL: Should I stay or should I go now?
By Rene Pastor Should I stay or should I go now? If I go there will be trouble And if I stay there will be double The English band The Clash wrote this ‘80s hit song over a girlfriend, but it may as well be the raging anthem of the stock market. The budget battle […]
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OFF THE WALL: Never too late to play with trains
By Rene Pastor When I was 6 or 7 years old, my parents gave me an electric train toy for Christmas. We set it up in the living room of our Quezon City house located in front of an old Catholic church. I would watch the train for hours until I got bored and then […]
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OFWs to flex economic power on Sept. 19, Zero Remittance Day
By Odette Keeley New America Media Protests against corruption in the Philippines erupted last month over a “pork-barrel” scandal, in which a wealthy businesswoman colluded with high-ranking government officials to siphon off 10 billion pesos ($233 million USD) from public coffers. The corruption, which spanned a decade and involved more than 28 legislators, came to […]