Cronyism

Ah, Megawide has de-risked itself because it plays fair; because of that it is now being eased out of the dirty, regulated infrastructure business of the Philippines. And the best entity to sell to is a Marcos crony—Aboitiz. Group CEO Sabin Aboitiz is super chummy with Marcos Jr so I wouldn’t be surprised if he comes out as the “next Dennis Uy”, the favorite businessman of a sitting president. During Duterte’s reign, Uy was like Pacman, gobbling everything in is his path. Government contracts were his for the taking. Now he is being chased by creditors and is set to sell most of his assets because NONE of the promised support from China pushed through. His telco, DITO Telecommunity, is looking for a buyer for Uy’s stake. The problem is, no one wants to sleep with China Telecom, Uy’s JV partner.

I can’t write such things as straightforward as this but I try my best to inject some of these insights in my stories—but I know I’m pushing the envelope. I take that risk because the investing community should be aware of the political dynamics we have here. That’s a service that cannot be quantified by our CRM but is valuable to our readers, as I was told by some of them.


It has been raining nonstop even in the absence of a typhoon. I feel I’m ballooning again so I need to walk tomorrow or something. I need to be back in shape for a marathon networking in Singapore in November. The big bosses will be flying down from London. And oh, I must bring an evening dress (*OMG I need one that fits me) because there would be an awards night for ***.

Speaking of work, my most senior but least productive reporter told me he would like to step back and have a different arrangement, like a per-article basis freelancer status because he acknowledged that he could not meet his quota.

Now this poses a big problem for me because since top management is NOT prioritizing hiring of new reporters or editors (only a senior North America editor), losing one headcount means it would not replaced. I lose it, then I lose it. As it is, competition in the region is heating up. Other news organizations are finally catching on and realized my niche is lucrative so they’re building up their own team dedicated for this niche.

I cannot lose more people.

I was having back-to-back calls today with my seniors to solve this conundrum. I also need to arrange to have my team fly to Singapore in the first week of December for a year-end training that I would be conducting. 🥴

Because I was preoccupied with admin concerns, I wasn’t able to write again my stories that have been pushed back a couple of weeks and months now. I also need to see a doctor for my left knee that has been hurting now. I don’t know if this is an old football injury that I aggravated during my walks in my hometown the a few weeks ago. I also need to bring Twin I to a pediatrician for her nosebleeds. They’re getting worse now.

How to shoehorn these doctor visits in between all these work pressures? I need to attend a conference tomorrow or on Thursday and I have a lunch meeting with some bankers and another set of bankers in the evening on Friday.

Oh geez and I need to book that resort in Batangas for that beach holiday at the end of the month.

Wait, I still need to follow up my travel arrangements and visa application for Korea.

I need to breathe.

What have I been doing? I don’t know, I haven’t been keeping track. I’m having a hard time finding mental space for all the important things to do. I only have two hands and finite amount of brain cells to balance being a manager for Southeast Asia (which is a lot of work), being a specialized journalist, a mother, and a future homeowner who needs to build her home, and at the same time I must take care of myself if I want to live beyond the age of 42.

I think I’m getting overwhelmed.

I want to scream.

man near carton boxes with many different words about stress
Photo by SHVETS production on Pexels.com

BREATHE. Stop and smell the roses.

Maybe I should cancel that Korea trip. Maybe I just take a week off in October and just go to Palawan to go island-hoping and dive for a week and burn to a crisp.

Yes, I think I should do that.

I don’t think that Korea trip with my friends is that compelling anyway. They’re planning to go to Busan when I haven’t even explored Seoul. 😶 Maybe I’ll just do that next year when it’s less hectic.

Oh.

I would be moving houses next year. In May.

Let me see…

Damn it. Breathe.