The Accounts

The Official Student Publication of University of the Philippines- College of Management, Iloilo City

The Difference

Why is the Philippines poor?
Here is a good article sent by Dr. Arsenio Martin of Fort Arthur, Texas.

The difference between the poor countries and the rich ones is not the age of the country.  This can be shown by countries like India & Egypt, that are more than 2000 years old and are poor.  On the other hand, Canada, Australia & New Zealand, that 150 years ago were inexpressive, today are developed countries and are rich.

The difference between poor & rich countries does not reside in the available natural resources.  Japan has a limited territory, 80% mountainous, inadequate for agriculture & cattle raising, but it is the second world economy. The country is like an immense floating factory, importing  raw material from the  whole world and exporting manufactured products.  Another example is Switzerland, which does not plant cocoa but has the best chocolate of the world. In its little territory they raise animals and plant the soil during 4 months per year. Not enough, they produce dairy products of the best quality. It is a small country that transmits an image of security, order & labor, which made it the world’s strongest, safest place.

Executives from rich countries who communicate with their counterparts in poor countries show that there is no significant intellectual difference.  Race or skin color are also not important:immigrants labeled lazy in their countries of origin are the productive power in rich European countries.

What is the difference then?  The difference is the attitude of the people, framed along the years by the education & the culture.  On analyzing the behavior of the people in rich & developed countries, we find that the great majority follow the following principles in their lives:

1. Ethics, as a basic principle.
2. Integrity.
3. Responsibility.
4. Respect to the laws & rules.
5. Respect to the rights of  other citizens.
6. Work loving.
7. Strive for saving & investment.
8. Will of super action.
9. Punctuality.
10. and of course…Discipline

In poor countries, only a minority follow these basic principles in their daily life.  We are not poor because we lack natural resources or because nature was cruel to us.  We are poor because we lack the correct attitude. We lack the will to comply with and teach these functional principles of rich & developed societies.

If you don’t forward this message nothing will happen to you.  Your pet will not die, you will not be fired, you will not have bad luck for 7 years, and also, you will not get sick or go hungry.  If you love your country, let this message circulate so that many Filipinos could reflect about this, and CHANGE.

Filed under: Essay, Messages, , , , , ,

Straight from the Govs

By: Patricia Marie Naces

Tycoons Governor

I would like to thank the Tycoons family for giving me the opportunity to lead them. I couldn’t ask for more than just trust and support. I admit, I could not do this on my own, but seeing their support really encourages me to take the lead, make a difference and do the best we can. I can’t assure victory because it’s easy beyond my control, but win or lose; I know we will give them a good fight. Go TYCOONS!

Most of the preparations of TYCOONS focus more on the Pahampang ’08 and the Hinugyaw. We’re planning ahead of time so that we could maximize our resources. Not only those above-mentioned activities are the focus of Tycoons but our goal is to unite the BS Management students to develop a great bond so that it would be easier to work as a team. For me, this is much more important than just winning.

Since we are inhibited to solicit from students, TYCOONS has prepared an intense fund-raising activity to support Pahampang ’08. One of which is the Tycoons Week where BS Management students use their entrepreneurial skills to gain profits. The proceeds of which will go to Tycoons. Second, we have planned a gig for a cause that will showcase local bands of Iloilo city. Third, Tycoons have a project named “ PISO-A-DAY” where students would contribute a peso a day from the first week of July until the last week of September. Fourth, Tycoons is reaching out for its alumni who are willing to play & provide financial support for Tycoons. Lastly, being a part of TYCOONS, we will also tap the ALUMNI to become involved in the activities.

Filed under: Messages

Dean’s Corner

I welcome all the Iskolar ng Bayan to another school year!

School Year 2008 – 2009 is full of excitement and challenges. UP celebrates its Centennial Year, and you are part of the celebration – a celebration of 100 years of service and excellence!

I am happy that “The Accounts” is committed to serve as a strong link between the administration and the students through this publication. Surely, this publication will contribute to the molding of enlightened students, opening their horizon to boundaries beyond their classrooms.

Let us all work together to achieve CM’s vision to be a “center of excellence in the field of Management, Marketing and Accountancy Education that is anchored on the libertarian tradition of free thought, open and critical inquiry; to serve as a generative force in human resource development committed to the values of nationalism, social justice, and equity”.

Appreciate, value, hone and use your gift of talents and abilities. Be active in both curricular and extra-curricular activities. Manage your time so that you can get involve in community service that will translate the theory you learn in the classroom to the real world where service and excellence are tested.

Let us look forward to a more dynamic and productive academic year 2008 – 2009.



Filed under: Messages



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