Social and political criticisms
From ABS CBN news posted 6/25/2012
The Philippine is now on unknown territory. Phisix has breached for the first time the 6,000 mark; the dollar to the peso is hovering at Php40: $l. Philippines would have one of the strongest currency growth in the region and 2nd highest appreciation of the stock market (Thailand is number one at 35%: PHL is 32%)
Does the billionaire list of richest Filipinos have anything t do with this?
The PHL riches list is being replaced by new names... Upstart new entrepreneurs who became successful.... The old rich may be getting old, losing steam and drive. The new ones are very agresssive