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Showing posts from March, 2014

Why God Never Intended For Us To Fly Alone

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Your Daily Dose of  *Motivational Quote * Inspirational Quote* *Happy Life Quote * and Success Quote* t o help you through your day with a positive frame of mind. (This post contains Affiliate Links:  Visit the  Disclosure  Page for more details:) WHY GOD NEVER INTENDED FOR US TO FLY ALONE A famous quote coming from Adam R. Holz (Daily Bread Author) says; Together we stand firm when life's headwinds gust our way together . Does this quote resonate well with you? In 2020, We all have witnessed how nations like South Korea, Japan, Singapore, and Denmark fought the global virus. We have watched how their government and people became united, and how they successfully achieved possible results despite life’s headwinds such as COVID-19 which took the lives of millions of people across the globe. We also observed how people from other nations played the blame game while the repercussions were just too enormous. A government system that was thought to be stabl
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Infrastructure as a Driver For Growth

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Does the Aquino administration's pride regarding the country's GDP growth 7.2% for 2013 reflect the country's poor infrastructure? The Philippines may achieved the said positive growth rate however foreign direct investment of US$3.9 billion 2013 is no where close to US$13 billion and US$33 billion as FDI achieved by Vietnam and Thailand respectively. It is no wonder FDI investments in manufacturing due to poor infrastructure is low in the Philippines as compared to the high manufacturing activities going on with both the Asian neighbors. If and when the infrastructure is improved in the country, there is another issue of limiting foreign investors to 40% ownership. This is another issue that needs to addresses by the government. Rossano Salvosa Almonia MBA University Professor College of Business Administration Garment for Export Executive(25years) Sent from my iPhone
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Tax to GDP Ratio Rises

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The 13.3% ratio for 2013 compared to ratio of 12.9% year 2012 based om the collections made by the BIR and BOC looks bright . Comparing this tax collection achievement with other advanced and wealthy countries such as Sweden 54% ratio and Denmark 33% ratio, our revenue collection has a long way to go to achieve the same. The Swedes and the Danish must be feeling these high ratios given the high quality if life extended to them. This come to mind again a habitual question on " on where do the tax payer's money go"? There seems to be Mismatch between increased tax ratio and the quality of life of an ordinary citizen. Rossano Salvosa Almonia MBA University Professor Apparel Buyer / Production Sent from my iPhone
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