Contrasting problems of OPEC, Singapore, China, and Japan

OIL is breaking past $50 per barrel.  This is a good sign but OPEC isn’t exactly the definition of cooperation.  

We have religions in that group that have tried exterminating each other for centuries.  

The possibility of them curbing their production as a single unit would be remarkable to say the least. 

It comes down to needing cash today rather than the extension of cash flow for the future.  The Latin America countries that enjoyed $100 per barrel oil were short sighted and now trip over themselves in inefficient operational costs and social over spending.  


Read more: Contrasting problems of OPEC, Singapore, China, and Japan

SSS Loan Restructuring Benefits 265,000 members
SSS Assistant Vice President for Member Loans Department Boobie Angela A. Ocay

More than 265,000 borrowers of Social Security System (SSS) short-term loans have benefited from affordable payment terms and conditional condonation of loan penalties under the ongoing SSS Loan Restructuring Program (LRP) within just five months since its launch.

In a press statement, SSS Assistant Vice President for Member Loans Department Boobie Angela A. Ocay said that the LRP, which opened its one-year availment period last April 28, already helped 265,705 member-borrowers settle their overdue loan obligations of P4.28 billion based on figures as of end-September 2016.

During the…

Read more: SSS Loan Restructuring Benefits 265,000 members

Elites in Cabinet oppose moratorium on land conversion

OVER a month after President Rodrigo Duterte declared a two-year moratorium on land conversion, as pushed by militant leader and now Agrarian Reform Secretary Rafael “Ka Paeng” Mariano, his economic team has crafted a position paper pushing instead for strengthening of land use administration.

This unmasks the elite in Duterte’s Cabinet, including Vice President Leni Robredo whose campaign was funded by the rich, as wanting to continue the momentum on converting lands from food production to housing subdivisions and commercial estates.

The joint position paper crafted early this month was signed by the secretaries of the National Economic and Development…

Read more: Elites in Cabinet oppose moratorium on land conversion

LAUDED. iRemit Chief Operating Officer Harris D. Jacildo (4th from right) receives the certificate of special citation (from left) SSS Senior Vice President for Account Management Group and Balikat ng Bayan Awards Committee Chairperson Judy Frances A. See; Social Security Commission members Ibarra A. Malonzo, Daniel L. Edralin, Diana Pardo-Aguilar, Eva B. Arcos and Bienvenido E. Laguesma; SSS Assistant Vice President for Retirement, Death and Funeral Benefits Administration Department Normita M. Doctor; and SSS Vice President for Treasury Division Guillermo M. Urbano, Jr.

STATE pension fund Social Security System (SSS) has honored iRemit Inc. with a special citation as collecting partner for contribution and loan payments of overseas Filipino workers (OFW) at the Balikat ng Bayan Awards during the SSS 59th anniversary program at the Ramon Magsaysay Hall of the SSS main office in Diliman, Quezon City.

Due to its strong and consistent performance in providing convenient and reliable payment services for SSS members based overseas, the Filipino-owned remittance company won as SSS Best OFW Collecting Partner for four straight years since 2010. It joined the distinguished Balikat ng Bayan Hall of Fame in 2014.

Read more: Newsbriefs: iRemit lauded for reliable OFWs payment services 

Location, location, location and timing!

I LEARNED many formulas, algorithms, and theories in college.  None were as helpful as my first real estate agent.  

She emphasized that there are three rules of real estate.  First is location, next is location, and lastly location.  There is a fourth rule you cannot control and that is great timing.  

I am horrible at timing.  When we were trying to have a baby, my wife and I bought homes with no less than 3 bedrooms/2 baths and always situated in the nicest suburban school districts.  

Ten years into our marriage we found that we could not…

Read more: Location, location, location and timing!

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Saturday, 20 October 2018
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