Category Archives: Economy

PHILIPPINES: SILI RED-TAGGED

MANILA, Philippines (The Adobo Chronicles, Manila Bureau) – When one one encounters a red tag in a retail store, it usually means an item is on sale and significantly marked down. Not so with sili (chilli pepper) in the Philippines.

Amid all the talk of red-tagging of individuals and elements with alleged ties to the NPA-Communist Party, sili has recently had its share of the hugely criticized government practice.

But it’s not for reasons of anti-government ties nor mark downs, but for exorbitant prices, ranging upwards of P700 per kilo. The red-tagging comes from all directions — from government to the media and above all, consumers whose spicy meals of Bicol Express or Laing are gravely threatened.

It’s a classic case of red spice being red-tagged.


IN LIEU OF 13TH MONTH PAY, WORKERS TO RECEIVE 9 MONTHS EXTRA PAY

MANILA, Philippines (The Adobo Chronicles, Manila Bureau) – Workers in the Philippines will not get their 13th month pay this year, thanks to the Covid-19 pandemic which has greatly impacted businesses and employers in the country.

But if a proposed bill makes it through Congress, workers will, instead, receive the equivalent of 9 months in extra pay (March to December) to compensate for the lockdowns and community quarantines imposed by the government.

The bill will be introduced today by a group of unnamed Senators and Congressmen to ensure that all Filipinos will still enjoy their Christmas holidays while being compensated for lost income due to the pandemic.

The proposed bill does not discriminate. Whether or not workers continued to receive their paychecks since the community quarantine was imposed in March this year, they will be entitled to the 9 months extra pay.

It’s a win-win situation for Filipino workers!

Philippines Poised To Become 28th State Of E.U.

BRUSSELS, Belgium (The Adobo Chronicles, Berlin Bureau) – The Philippines may not become the 51st state of the United States but it could become the 28th state of the European Union (EU).

EU has taken a deep interest in the Philippines because of its strategic location in Asia Pacific, a region that the Union considers crucial to its global economic and other strategies.

EU is an economic and political union of 27 countries and operates a single, internal market which allows free movement of goods, capital, services and people between member states.  It used to have 28 member states before Great Britain withdrew from the alliance.

The latest intervening move of EU was to pass a resolution demanding the release from prison of Opposition Senator Leila De Lima, whom the Union believes could succeed President Rodrigo Duterte whose term ends in 2022.

Sources at EU told The Adobo Chronicles that De Lima is perceived to be an ally and, if elected the next President, could help facilitate the entry of the Philippines into the Union to replace Great Britain.

After Brexit, there’s Philentry.