A month after his inauguration, one humid day in the country’s largest military reservation, President Rodrigo Duterte spoke of one famous but now forgotten promise – to increase the salaries of military personnel. "Starting next month there will be an incremental increase in your salaries,” Duterte told around 500 soldiers lined up before him in Fort Magsaysay, Nueva Ecija. “ Pangako ko, doblado (I promise, it will be doubled), you will get it," the President said. Duterte eventually partly fulfilled this promise, doubling the base pay not just of low-ranking soldiers but also policemen, and approving smaller increases for those with higher ranks. But as he nears the end of his term in 2022, the repercussions of this promise continue to reverberate because of one problem Duterte does not mention in public: the government must pay hundreds of billions of pesos a year to fund the ballooning pension of military and uniformed personnel. The ... » Learn More about Will Duterte avert ‘fiscal disaster’ in military pension?
Sustainable living development
Follow us on Telegram for the latest updates: https://t.me/mothershipsg Update on Jan. 21, 9pm: Teo Heng KTV spokesperson said that exiting from the industry is a temporary move and they will make a come back when they can. Read more here . Crippled by the loss of revenue since the circuit breaker in 2020, home-grown karaoke chain Teo Heng KTV is finally drawing its shutters for good. Tried their best to sustain their business Teo Heng was first forced to cease operations in March 2020. Despite sustaining around S$500,000 losses each month since their closure, the karaoke chain fought to retain their staff, and continued to pay them their salaries in full. The decades-old business cherishes its staff, as director Jean Teo previously told Mothership , and treats them like family. Teo said the company would rather close more outlets than retrench any of its staff. Already, Teo Heng has closed seven of its outlets , including their very first outlet at ... » Learn More about Teo Heng KTV closing all remaining outlets, exiting industry after 31 years
When Amelia Kang lost "about $1.5 million, maybe slightly more" over a decade ago from a business deal gone sour, it wasn't the monetary loss that bothered her most. Instead, it was the fact that her business partner "was agreeable to lose their money in order to make me suffer", which boggled her mind. It was unthinkable for Amelia, who was in her early 30s then, "that someone would throw away profit because of an emotion", especially when the project was just six months shy of completion. "I underestimated the irrational nature of human beings in general," said the now-45-year-old, who also shared that she scored in the top five per cent for the PSLE in her year and was the typical high achiever growing up. The Dunman High School and Victoria Junior College alumna found herself working at the National Arts Council after graduating from the National University of Singapore. She eventually struck out on her own in 2003 by setting up an events company, before going into the food ... » Learn More about Losing $1.5 million opens new path for restaurateur-turned-‘metaphysician psychic’
JAKARTA, June 18 (Bloomberg): Bank Indonesia left its benchmark interest rate unchanged at a record low, sustaining its support for a pandemic-hit economy and saying it’s prepared to weather any volatility from the US Federal Reserve’s more hawkish message overnight. Indonesia’s central bank kept the seven-day reverse repurchase rate at 3.5%, as expected by all 30 economists surveyed by Bloomberg. It’s the fourth straight month the rate has stayed at its record low, and Bank Indonesia previously has signaled it could remain at that level for the rest of the year. "The decision is consistent with our low inflation projection and maintained rupiah stability and efforts to strengthen the national economic recovery, ” Governor Perry Warjiyo told reporters in Jakarta. The central bank will keep policy accommodative to boost lending to businesses, which will help the economy recover, Warjiyo said. The move should help policy makers shield the rupiah from a renewed round of taper talk, ... » Learn More about Indonesia takes taper talk in stride, holds benchmark interest rates at record low
Many of the present woes of the Philippines can arguably be traced to the sheer stubbornness and hubris of President Rodrigo Duterte’s economic managers. First, they were the ones who kept on insisting that we ought to relax quarantine restrictions even as the country’s pandemic response was barely improving (indeed deteriorating in many respects), and even as new COVID-19 variants were being discovered. (READ: New surge? Duterte reopened economy too quickly ) Second, they were the ones who kept repeating that the government could not afford to spend massive sums of money on fiscal stimulus and relief, and that such expense was “ unsustainable .” These are big fat lies that need to be debunked once and for all. Major lie #1: There’s a trade-off between public health and the economy. (There’s none.) The biggest, most pernicious lie of all is the claim that there’s a trade-off between public health and the economy. You won’t hear them say ... » Learn More about [ANALYSIS] Debunking the deadly lies of Duterte’s economic managers
Making a meal for “The Man of the House” does not mean we have to sweat and slave for hours in the kitchen. In fact, many of the dads I know, would prefer a quickly grilled or pan-fried steak with a nice cold beer, or even a glass of scotch. Brunch is probably the easiest and the most versatile meal we could plan for the dads in our lives. We can bring pretty much anything to the table, and when we add a dish that includes eggs, it is complete. If the guy in your life likes steak (like mine does), then the convenience of online sellers that have proliferated through the quarantine period has offered you many opportunities to try different cuts and classifications of meat. If you know the ratings, and the average price per kilo, it is even easier to shop around for quality cuts and choices. Serving up the side dishes that accompany this special Father’s Day meal are equally as important. Creamed spinach, potatoes au gratin, a green salad, or even roasted tomatoes ... » Learn More about [Kitchen 143] Father’s Day brunch
Four restaurants owned by Resorts World Sentosa (RWS) — Ocean Restaurant, Osia Steak and Seafood Grill, Syun, and Feng Shui Inn — have come up with their own festive menu this Chinese New Year (CNY). Admittedly, Sentosa wouldn’t usually be the first place on my mind when I think of dining places. Alas, we’re living through some strange times, in the middle of a pandemic. I’ll take any excuse to pretend I’m on a vacay. And what better way to go on a Singapoliday than to get out of mainland Singapore? Needless to say, I jumped on the opportunity to eat some yummy food at RWS — on company time too, may I add. Psst, read till the end of this article for three promotions offered by RWS during this period. Ocean Restaurant As Singapore's first aquarium dining experience, Ocean Restaurant is no stranger to Singaporeans. I’m sure you’ve seen the restaurant’s stunning aquarium backdrop all over social media, for every celebration — birthdays, anniversaries, proposals. ... » Learn More about Up to 30% off CNY menu with no minimum spend at 4 RWS restaurants till Feb. 10, 2021
It’s the middle of May in the second year of the pandemic, and everywhere I go in my little city, I feel this undercurrent of uncertainty that hovers just above the din of everyday life. You could mistake the current bustle for the fervor of pre-pandemic times, were it not for one unmistakable thing: you still see most people go about in public in face masks, the regulation white and light blue of last year’s model now giving way to assorted fashionable ones of varying material and quirks in design — which tells you this: the pandemic has gone on for so long that face masks have ascended to the level of fashion. I’ve mostly resisted this. My face mask is still regulation white and light blue. My face shield is still that simple frame fitted with acetate plastic. They both have the severe look of the hospital about them, which I need, I think. They remind me to still be on my toes, and their no-nonsense aesthetic is my token that the dark times are still ... » Learn More about [OPINION] Contagious complacency: The new normal in Dumaguete
Toby’s Sports played a huge role in my childhood. Coming from a family of sports enthusiasts, our weekly trips to the mall would not be complete without stopping by this store to buy gifts for my dad, getting our racquets stringed, or just to see what new running shoes were out. Toby’s Sports – a homegrown Filipino company specializing in providing everything one can need for sports and fitness – is a store many would recognize immediately. Because it offers a lot of products, from the world’s top sports equipment to apparel brands, it has long been a one-stop shop for many Filipinos. As such, the experience I shared is one I believe many can relate to. Andrea Tan, Toby's Sports Head of Marketing and Customer Experience, agrees. “A lot of our customers are 1st-3rd generation who all have special memories of shopping in our stores,” she said in an email interview. The company’s growth and place in the Philippine sports landscape cannot be denied. 31 years ... » Learn More about Buying Father’s Day gifts, fitness equipment, and more at Toby’s Sports
Filipinos seem to have found a ray of hope among themselves, as a sense of community is being forged and manifested in community pantries. The motto, “ Magbigay ayon sa kakayahan; kumuha batay sa pangangailangan ," has inspired many individuals and groups to contribute to those who are in need. This modern bayanihan is a remarkable phenomenon for us today. At a time when our physical mobility and resources are limited, we still manage to gain a collective understanding of the situation. We know that the pandemic has serious effects on our health and on our jobs. We sense that many of us, especially the poor, struggle to feed their families. We see that by coming together our individual limitations can be overcome by organizing for a common goal. Feeding the hungry and binding people together are the intended purposes of community pantries. But their continued emergence tells us another thing: the weakening of the state. According to the American political ... » Learn More about [OPINION] What do community pantries tell about the kind of state we have?