WHAT ABOUT CAREER OFFICIALS?
Editorial cartoon by Romy Castro

PRESIDENT Rodrigo Duterte who was obviously disappointed with reports of unbridled irregularities in the government has declared vacant all positions being occupied by government appointees of the current and previous administration.

Duterte has initially allowed thousands of appointees of the past regime to remain on their posts in a hold-over capacity as his government was still in the process of vetting applicants before hiring their replacements.

However, he got fed-up after receiving persistent complaints during his provincial visits that anomalous transactions were still happening in the regional offices of various government offices.

He particularly cited the…

Read more: WHAT ABOUT CAREER OFFICIALS?

RIGHT ON THE HEAD

SOLICITOR General Jose Calida hit it right on the head when he supported the contention of the Philippine Competition Commission (PCC) that telecommunication industry giants Philippine Long Distance Telephone (PDT) and Globe Telecoms tried to evade the antitrust law by hiding important details in the May 30 buyout of San Miguel Corp.’s telecommunications unit.

The state lawyer noted that the telecom leaders could have deliberately hid key deal details to escape the antitrust body’s scrutiny and even went one notch higher when they included provisions barring SMC from again competing in the industry thus ensuring their position as the…

Read more: RIGHT ON THE HEAD

WHAT THE PUBLIC EXPECTS
Editorial cartoon by Romy Castro

IT APPEARS that the dream by some moneyed and vested interest groups to rake huge profits out of the P74.6-billion Ninoy Aquino International Airport (NAIA) modernization and improvement project would have to remain just like that at the moment, a dream.

This after President Duterte declared in no uncertain terms during his 1st State of the Nation Address (SONA) that he favors moving main airport operations from NAIA to either Clark in Pampanga or Sangley Point in Cavite.

The move is envisioned by government planners to greatly help in easing terrible traffic and air congestions…

Read more: WHAT THE PUBLIC EXPECTS

LOGICAL
Editorial cartoon by Romy Castro

THE PLAN by government bank regulators to relax foreign exchange rules could not have come at a better time.

Our country’s very restrictive yet flawed and vulnerable banking system was exposed following the US $ 81 million Bangladeshi bank heist scandal.

As a result, bank regulators were compelled to find ways on how to counteract our obviously weak banking system to ensure that no similar incident would happen in the future.

In a stroke of genius, they decided that instead of tightening the noose, they opted to relax rules in an attempt to draw more of…

Read more: LOGICAL

RIGHTFUL ACTION
Editorial cartoon by Romy Castro

ONE important development in the business front that is not getting enough public attention because of fast and fluid developments in the political front is the controversial legal tiff-off between the Philippine Competition Commission (PCC) against telecommunications industry giants Philippine Long Distance Telephone and Globe Telecom.

The legal tussle started after the PCC decided to look if there was possible unfair business practices in the recent acquisition by the two huge firms of the P70-billion telecommunication assets of San Miguel Corporation (SMC).

As expected, the two giant firms questioned PCC’s move and immediately sought separate temporary…

Read more: RIGHTFUL ACTION

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