Quantcast
Home » byline You are browsing byline “David L. Balangue” - Business Matters

Corruption pays

By

The past few weeks have sadly again confirmed that in this country, corruption pays. The announcement of the Commission on Elections that it could no longer go after former commissioner Virgilio Garcillano and a number of other Comelec officials for possible violations of the Election Code in connection with the alleged rigging of the 2004 presidential election results in Mindanao was very disheartening. It’s as if the infamous “Hello Garci” conversation that almost toppled the Arroyo administration never happened; the fraud perpetrators will go unpunished, and the people who obstructed justice by coming up with their own version of the tape were amply rewarded.

Posted: May 24th, 2014 in Columns,Editor's Pick,Featured Columns,Featured Headline,Inquirer Opinion | Read More »

Hidden taxes

By

The proposal of Sen. Sonny Angara to reduce the top income tax rate for individuals, which is currently 32 percent, to 25 percent by 2017 has surprisingly been welcomed by Malacañang, at least for the matter to be thoroughly studied and to possibly include as well the regular corporate income tax rate, which stands at 30 percent.

Posted: March 15th, 2014 in Columns,Editor's Pick,Featured Columns,Featured Headline,Inquirer Opinion | Read More »

Toward lower electricity rates

By

The cost of electricity for Manila Electric Co. consumers reached record highs last December, which eventually led to a temporary restraining order issued by the Supreme Court. Meralco blamed this pass on Wholesale Electricity Spot Market prices, which reached record highs purportedly because of the reduced supply of electricity due to the Malampaya gas fields maintenance shutdown and scheduled and unscheduled shutdowns of other power plants. The general public was outraged, and blamed Meralco for the high electricity costs and the Energy Regulatory Commission (ERC) for its perceived failure to rein in these costs.

Posted: January 17th, 2014 in Columns,Editor's Pick,Featured Columns,Featured Headline,Inquirer Opinion | Read More »

Lessons learned (hopefully) from ‘Yolanda’

By

Supertyphoon “Yolanda” wrought immeasurable damage and havoc to the people of Tacloban City and others in its deadly path. The preparations proved inadequate because no one expected the typhoon to be that strong.

Posted: November 16th, 2013 in Columns,Editor's Pick,Featured Columns,Inquirer Opinion | Read More »

Culture of corruption

By

The public uproar over the pork barrel scam is understandable because of the amount, P10 billion, and the personalities involved, seasoned and highly respected senators and congressmen who are bastions of power and influence in our country. And with Janet Lim-Napoles flaunting her presumably ill-gotten wealth by throwing extremely lavish parties, buying prime real estate here and abroad as well as 30 cars, and claiming illness while seated in her Louis Vuitton wheelchair, we would be so calloused if we do not get fuming mad.

Posted: September 13th, 2013 in Columns,Editor's Pick,Featured Columns,Featured Headline,Inquirer Opinion | Read More »

Advertisement

News

  • Cabinet goes all out for DAP
  • Health, agriculture key to Africa’s development—Bill Gates
  • Ex-NPAs back Aquino vs impeachment
  • Quezon folk urge use of levy for storm repair
  • ‘Glenda,’ ‘Henry’ rains not enough to fill Angat Dam
  • Sports

  • Cagayan ends Army winning streak in V-League
  • Last Home Stand refund process announced
  • LeBron sends cupcakes to neighbors to apologize for ruckus on return to Cleveland
  • PLDT shakes off pesky Air Force, claims match in 3 sets
  • PLDT refunds tickets; MVP apologizes
  • Lifestyle

  • Skateboard style
  • Snack brand celebrates 40th year
  • Super-shaped you
  • You’re a style winner!
  • The beautifully naked look–how to achieve it
  • Entertainment

  • The continued blossoming of ‘Maximo’
  • PH films in Spanish fest
  • PhilPop crowns 3rd champ tomorrow
  • FAP launches 2nd Sine Panitik tilt
  • ‘World Wars’ teaches ever-relevant lessons
  • Business

  • PH in Afta: Moving forward in 2015
  • Should Aquino reconsider Charter change?
  • Asian shares mostly up on China manufacturing data
  • Formula One: Porsche buys South Africa’s Kyalami racetrack
  • SEC approves GT Capital’s P12B bond offering
  • Technology

  • Apple, Samsung lose ground in cooling tablet market
  • China deletes Web reports on blow-up giant toad
  • Get paid for posting? Social networking’s new twist
  • Home Stand game cancellation triggers online fury
  • Google made failed bid for Spotify—report
  • Opinion

  • Editorial cartoon, July 24, 2014
  • The disappointed
  • Mad about the DAP
  • For what?
  • ‘Raining humans’
  • Global Nation

  • Fil-Am youth pushes advocacy on PH typhoon relief system
  • Naia Terminal 3 to become fully operational by end of July
  • No Filipinos on crashed Taiwanese plane
  • Fil-Am is behind Kwoller, the price-tracking mobile app for shoppers
  • Young Fil-Am leaders in PH for ‘immersion’
  • Marketplace
    Advertisement