Picture this: You are a Filipino student in an international MBA class. Every one of your 54 classmates is from a different country. Your professor gave the class an assignment. You have to research on how well your country can create and maintain the competitiveness of businesses. He wanted you to know more about your country’s economic performance, government laws and practices, business policies and procedures, and infrastructure. After all the research papers were turned in, your professor ranked the 55 countries. He posted the rankings on the wall for everyone to see. Your American classmate came first with…

“I can’t speak for them, of course, but I believe that most economists would accept the view that, while you sometimes can make a score by sheer luck, you can’t do it constantly, unless you’re willing to put the resources in.” — American economist Merton Miller, (May 15, 1923 - June 3, 2000), shared the Nobel Prize for his contributions to financial economics.

A young businessman had just started his own firm. He rented…

“Blessed is the man who fears the LORD, who finds great delight in his commands.” — Psalm 112: 1

According to news reports, the Gokongwei Group of Companies, JG Summit, wants to buy the government’s 40% shareholdings in Petron, our country’s largest oil refiner. If this happens, Petron will become fully-privatized and some people aren’t too happy with this because they believe that the government will not be able to control fuel prices in case…

We distinguish the excellent man from the common man by saying that the former is the one who makes great demands on himself, and the latter who makes no demands on himself. — Spanish Philosopher Jose Ortega y Gasset (May 9, 1883 - October 18, 1955)

Citizens of a small town in Brazil are celebrating “Orgasm Day” today! This special holiday was started in…

The Lord works righteousness and justice for all the oppressed. — Psalm 103:6

“Yes, I’ll have Philippine organic, please.” — Sometime in the (near) future, this will be heard from the mouths of coffee lovers around the world. And I know that this may come as a surprise to those who love their imported coffee. But efforts are being made to revitalize…

“Where the willingness is great, the difficulties cannot be great.” — Niccolo Machiavelli, Italian historian and political author (May 3, 1469 - June 22, 1527)

Today is World Press Freedom Day. According to the Universal Declaration of Human Rights, ‘everyone has the right to…