The Clark Airport–the only hope
November 15, 2008 by Administrator
Filed under Due Diligence, Op-Ed
Whenever I travel internationally, I decide to closely observe the airports of those countries in comparison with the Manila International Airport. When I fly in an international airline, I got to depart from Terminal 1. The experience was humbling and I am certain that any Filipino who has flown in some countries would agree with me that the Philippine Terminal 1, which all international carriers use, is a shame to the country. This is the only terminal I have seen to have a reused plastic container serving as the rainwater control device in the middle of the departure lounge covered by dirty and stained carpet. The dirt and the disrepair for an international passenger terminal is unacceptable.
Tendering Dysfunction
November 15, 2008 by Administrator
Filed under Due Diligence, Op-Ed
When public bidding (or tendering) fails, and sadly, this has become the rule rather than an exception, one cannot help but feel being pulled at the edge of despair for whatever ills this process.
The collapse of the pyramid of greed
October 15, 2008 by Administrator
Filed under Due Diligence, Op-Ed
The current global financial crisis somehow brings to my mind a glamorized pyramiding scheme. The only difference perhaps in the pyramiding schemes is that it is undertaken by common people defrauding their “downlines” in a predatory selling of worthless promises of high-yield investments. For some reasons (or lack ), people do invest even their lifetime savings on this kind of fraudulent system only to realize to their remorse that they have lost everything. Some are even left hopelessly drowning in debts because they mistakenly gambled that they can earn greater margins in investing in this scheme.
The sanctity of contracts
October 1, 2008 by Administrator
Filed under Due Diligence
For relationships to last and for business to thrive, TRUST must be sowed and nurtured between the parties. This applies both to personal and business affairs. Every day, each one of us enters into agreements with each other, whether on trivial private affairs or in billions of pesos of business transactions.


