Dec
14
The Dragon and the Pearl of Asia
December 14, 2008 | Leave a Comment
China and the Philippines have had trade relations ever since the 9th century or during China’s Sung Dynasty– Chinese medicine for Philippine handicrafts, silk for pearls.
The archipelago has been very profitable to the Chinese.
Every Philippine urban center of commerce rose on the foundation of Chinese families and enterprises. In business and blood, the fates of these two Asian nations are intertwined, through the worse, towards the better.
Sep
30
Outsourcing : Crunch Time
September 30, 2008 | Leave a Comment
The drama on Wall Street continues as the rank-and-file lawmakers on Main Street, Washington escalate financial fears.
The US House of Representatives rejected the USD700 billion economic bailout plan through a 228 to 205 vote. By the end of what is could be called as Wall Street’s Black Monday, the Dow went down 778 points or 7 percent.
Markets are plunging, Republican and Democrats are blaming each other and the crisis spreads into Europe.
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