Ruffled Feathers

Not good at all: Philippine soldiers are said to be increasingly restive following the impending closure of their state-run pension fund, the AFP-Retirement and Separation Benefits System (RSBS).

Philippine exporters desperate for relief from the appreciating peso find an ally in the President: Arroyo concerned over effects of rising peso on exports, but will do nothing to halt it.

Attempts to privatize state-owned power plants and a major portion of the Philippines’ electricity grid are in trouble due to suspicions of price fixing at the newly-opened wholesale electricity spot market. Ironically enough, another state-owned firm is fingered as the possible culprit.

Philippine inflation was pegged at 5.7 percent last September.

Philippine tax authorities discover rampant tax code violations during a recent compliance sweep.

Oil-producing nations plan to cut production by as much as one million barrels of crude a day, in order to arrest falling oil prices and a surge in fuel stocks in the United States and elsewhere. Saudi Arabia, however, is apparenly opposed to it.

Custserv asks everybody in the service business: Have you surprised your customers lately? Thanks Meikah for featuring one of my blog posts, Consistency Is The Key, in last week’s Carnivale of Customer Service.

Playboy – the original adult entertainment conglomerate – is all set to expand into the casino business in order to stimulate its growth.

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One Response to “Ruffled Feathers”

  1. Anytime, Paul! Keep up the good work!