Combating Corruption

IF I WERE THE NEXT PRESIDENT (Part 12 of a series) By BEN R. PUNONGBAYAN Founder, Buklod National Political Party Corruption, sadly, has become endemic in the Philippines. It is a big obstacle to economic growth and the reduction of economic inequality. The huge amount of money that leaks out is not spent for the … More Combating Corruption

Francisco Rodriguez and the first Philippine bank

While some Filipinos think that the Bank of the Philippine Islands (Banco de las Islas Filipinas, commonly known as BPI) is the first bank in the Philippines, it was not. BPI was founded on August 1, 1851, during the Spanish colonial era of the Philippines. It was called “El Banco Español Filipino de Isabel II, … More Francisco Rodriguez and the first Philippine bank

Leapfrogging to Higher Economic Growth (2)

IF I WERE THE NEXT PRESIDENT (Part 10 of a series) By BEN R. PUNONGBAYAN Founder, Buklod National Political Party Investments, and in the case of the Philippines, foreign investments, is a big factor in driving economic growth. Unfortunately, for the past many years, the country has been behind most of our neighboring countries in … More Leapfrogging to Higher Economic Growth (2)

Imelda Marcos- a study in a power grab, corruption and ill-gotten wealth during the Marcos Era – Part II

Imelda Marcos – Part I In 1978, the administration Kilusang Bagong Lipunan party fielded Imelda as a candidate in the Philippine parliamentary elections of 1978. Because most opposition candidates were either in jail or had limited mobility due to Martial Law, Imelda Marcos easily won a seat as a member of the Interim Batasang Pambansa … More Imelda Marcos- a study in a power grab, corruption and ill-gotten wealth during the Marcos Era – Part II

Imelda Marcos – a study in a power grab, corruption and ill-gotten wealth during the Marcos Era – Part I

Imelda Romualdez Marcos is a Filipina politician and convicted criminal. She married Marcos in 1954 and became the First Lady of the Philippines when Ferdinand Marcos became President of the Philippines in 1965 until they were deposed in 1986. While in power for21 years, Imelda and her husband stole billions from the Filipino people, and … More Imelda Marcos – a study in a power grab, corruption and ill-gotten wealth during the Marcos Era – Part I