Corruption today is endemic in the Philippines, and there are countless stories in Manila of how graft has enriched friends and relatives of the presidential family. The going rate for guarantees is said to be 10% of the value of the loan – unless the Filipino businessmen has the right connections with key figures in the Marcos government.
Tag: bacolod
Bacolod 2015
Post 3Â day quick trip to Bacolod! Here are some thoughts. Food Prices Are Unfair – We had 3 or 4 group meals involving as many as ten people and the bill never reached anywhere what it would in Manila. At Masskara Chicken Inasal our bill only came up to P1.8k, and at Bob’s Cafe we… Continue reading Bacolod 2015