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Theology of money, banking

With the permission of the Most Reverend Archbishop Socrates Villegas of Lingayen-Dagupan, I am reprinting his homily during the mass last August 1commemorating the 167th Anniversary of Bank of the Philippine Islands (BPI).

When he pioneered in land reclamation in the Philippines more than four decades ago, Delfin J. Wenceslao Jr. (alternatively Ding or DingW or DJW for short) dreamed of helping build the nucleus of a modern city center just off Manila Bay.

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Hating kapatid

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Local government units (LGUs) will be richer next year (hope­fully), thanks to last week’s Supreme Court ruling clarifying the method of sharing taxes between the national government and LGUs.

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Already adjudged by the Philippine Chamber of Commerce as the Most Business Friendly LGU last year, the Muntinlupa City government under Mayor Jaime R. Fresnedi, recently stepped up its services to its constituents.

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In the aftermath of the March US congressional investigation of Facebook for data privacy breach, the company’s stocks plummeted 18 percent. Since then, Facebook made one of the most amazing rebounds in Wall Street. From a low of $152, FB stocks breached $200 last week, a 33 percent upswing.

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Yesterday being Father’s Day, allow me to devote this piece to commemorate my father and all the fathers in the world.
Like most fathers, he was my very first hero and role model. Next to my mother, Sofia V. Rivera, he was also my first teacher.

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