Philippines Risk Management Practitioner, Olongapo (2025)

09/06/2025

The Weight of Knowing
A Reflection for June 12, 2025 – Philippine Independence Day
By: Menor

Why Is June 12 Independence Day in the Philippines?
June 12 marks a turning point in the story of the Filipino people. On this day in 1898, General Emilio Aguinaldo proclaimed the Philippines’ independence from Spanish colonial rule in Kawit, Cavite. This act did not merely declare political separation—it was the birth of a national identity, forged in the fires of resistance and centuries of struggle.

Though complete sovereignty was granted by the United States on July 4, 1946, Filipinos honor June 12 as the beginning of their collective awakening—when the dream of a free and self-governing nation was first spoken aloud. It was not just a moment in history; it was a declaration of hope, dignity, and destiny.

What If a Nation Could Think for Itself?
The Philippines had always been observant.

It felt the rhythm of protest marches across its streets, the whispered prayers inside churches, the muffled fears behind closed doors. It bore witness to its own journey—its revolutions and resilience, its betrayals and breakthroughs. And though it knew all, it was expected to stay silent.

Until one evening, the nation faced a truth too heavy to ignore.

A leader—barangay chieftain, mayor, governor, congressman, senator, president—beloved, even idolized—was hiding truths. Not always out of evil, but out of ambition, fear, corruption, and a desire to cling to power.

Some leaders forgot their oaths. Others wrapped deceit in polished words and grand promises. The nation felt the weight of this knowledge and asked itself:
Should I speak and shatter the illusion? Or wait for my people to remember who they are?

It recalled the words of Dr. José Rizal:

“There are no tyrants where there are no slaves.”

And it remembered the wisdom of Scripture:

“Speak up for those who cannot speak for themselves, for the rights of all who are destitute.” —Proverbs 31:8

"Then you will know the truth, and the truth will set you free." —John 8:32

The Struggle Within
The Philippines sighed—its breath rolling over rice paddies, weaving through mountain winds, and whispering across its 7,000 islands. It remembered its deep wounds—colonialism, revolutions, martial law, and the lingering pains of poverty, injustice, and forgetfulness.

For too long, it had swallowed truth in the name of peace. But silence, too, had become a burden.

Eventually, the nation began to speak—not with rage, but with clarity. Not with thunder, but through its people:
journalists, historians, artists, educators, mothers, and youth—brave voices who dared to tell the truth even when it was dangerous, even when it was dismissed.

Some denied it. Others received it. But in that sacred moment, the Philippines understood:

A nation is not sustained by power alone, but by the courage, memory, and moral clarity of its people.

Quote to Remember
“A nation does not thrive on silence. It carries the voices of its people, the weight of its history, and the hope for its future. Truth is not the enemy; it is the foundation upon which change begins.”

Call to Action: Remember, Reflect, Rise
This June 12, let us not only wave the flag—let us carry its meaning.
Let us not only remember the past—let us examine the present.
Let us not only admire our heroes—let us become like them.

Like Rizal with his pen, and like the prophets with their voice, may we become a people who think, speak, and act with conviction.

Because when a nation begins to think,
it begins to rise.

🇵🇭 Mabuhay ang Kalayaan. Mabuhay ang Katotohanan. Mabuhay ang Pilipinas.

07/06/2025

Strong Competitor Presence : Competitive Risk
Chapter I: Risk Overview
Section 1.1: Risk Title and Category
Risk Title: Strong Competitor Presence

Risk Category: Competitive Risk

Section 1.2: Risk Description
Increased market saturation or the aggressive growth of existing competitors threatens market share, pricing power, and customer loyalty. This can reduce profitability, weaken brand positioning, and strain marketing or R&D budgets.

In the Philippine business landscape, one big concern is that more companies might flood the market or ramp up their efforts to grow. This increases the risk for businesses trying to hold onto their market share, set prices, and keep customers loyal. You'll see this a lot in industries like telecommunications, retail, logistics, and banking, where the big players keep pushing hard with aggressive marketing, dropping prices, and upgrading technology to stay ahead. As competition heats up, companies might have to lower their prices or spend more on marketing and promotions just to stay afloat. But this often eats into profits and can weaken the brand’s value. To stay relevant, many firms end up spending more on advertising and research, which isn’t always possible for smaller businesses with limited resources. According to the Philippine Competition Commission (PCC), while tougher competition can be good for consumers, it can also put a lot of stress on smaller and less flexible businesses. Some might be forced out of the market or may need to merge with others. Also, in busy metro areas where markets are already crowded, businesses are now looking at less crowded regions to grow, but this comes with higher logistics and operational costs, which does not help but adds more risk.

https://tacitrisk.blogspot.com/2025/04/strong-competitor-presence-competitive.html

02/06/2025

Call to Action: Protect Your Peace—Guard Your Home
You were never meant to measure your joy by someone else’s post.
You were never meant to trade your blessings for filtered illusions.

The home you're building may not be perfect, but it’s real.
And real love—real laughter, real grace—is enough.

So today, choose intentional living over invisible pressure.

📵 Put down the phone.
👀 Look around—see what’s truly yours.
💬 Speak life into your spouse.
💛 Play with your children.
🙏 Give thanks for what you already have.
📖 Anchor your heart in God's truth, not the internet’s trends.

“Keep your lives free from the love of money and be content with what you have, because God has said, ‘Never will I leave you; never will I forsake you.’” – Hebrews 13:5 (NIV)

Challenge:

Designate a screen-free hour each day for family connection.

Start a “gratitude jar” and fill it with daily wins, no matter how small.

Memorize a scripture that reminds you of God’s sufficiency.

You don’t need more to be fulfilled. You need to see clearly.
Comparison is the enemy of joy—but gratitude is its greatest defense.

Live present. Love deeply. And let “enough” be your anthem.

02/06/2025

The Illusion of Comparison: When “Enough” Stops Feeling Like It

This is the price of the illusion of comparison.

Many couples were content—grateful, even—until they started scrolling on social media.

The house felt fine.
The family felt okay.
There was food on the table, and laughter in the room.
Nothing fancy, but full of love.

Then they opened their phones.

And suddenly...

The house felt small.
The life felt boring.
The love didn’t feel enough.

Why?
Because someone online just posted:

A designer home

A luxury trip

A perfect anniversary surprise

And that’s how it starts.

Not with a fight.
Not with shouting.
But with comparing.

We don’t always notice it,
but some families don’t break because of conflict.
They break because of silent disappointment—
the feeling that what they have isn’t good enough anymore.
Not because it isn’t, but because someone else’s highlight reel made them think so.

They were building something beautiful—
but comparison made them feel behind.
Unseen.
Unsuccessful.

Here’s what we forget:

No one posts the full story.
They post clean rooms—not the chaos 10 minutes before.
They show gifts—not the sacrifices made to afford them.
They share smiles—not the silence that followed the selfie.
They flaunt the vacation—not the overtime hours that paid for it.

If we’re not careful,
we’ll trade the joy we have
for the illusion someone else curated.

So pause.

Put the phone down.
Look at your partner.
Play with your kids.
Eat your simple meal.
Laugh in your not-so-perfect home.

Don’t compare your real life to someone else’s filtered moment.

Use it as inspiration, sure—
but never as the ruler by which you measure your worth.

Because here’s the truth:

That life you’re living?
It’s already full of love.
And love—real love—is never small.

"Keep your lives free from the love of money and be content with what you have, because God has said,
‘Never will I leave you; never will I forsake you.’” – Hebrews 13:5 (NIV)

Stay grounded. Stay grateful.
Your enough is still beautiful.

RISK ASSESSMENT: The Illusion of Comparison and Its Impact on Families
Framework: RICCI

1. Risk Identification
Risk:
Emotional and relational deterioration within families due to comparison induced by exposure to curated social media content.

2. Context
In today's digital culture, social media platforms present an idealized version of life, often omitting struggles, imperfections, and real emotions. While families may be content with what they have, constant exposure to others’ seemingly perfect lives can breed dissatisfaction, envy, and unrealistic expectations within the home.

This phenomenon subtly shifts values, replacing gratitude and connection with performance, comparison, and external validation.

3. Causes
Curated Content: Only highlights of life are shown—vacations, gifts, milestones—not everyday struggles.

Increased Screen Time: Frequent use of social media increases exposure to others’ lifestyles.

Low Media Literacy: Lack of awareness that social media is filtered and often exaggerated.

Emotional Vulnerability: Individuals seeking affirmation or validation may be more susceptible.

Lack of Communication: Couples and families that don’t regularly affirm one another become vulnerable to outside influence.

4. Consequences
Emotional Effects:

Dissatisfaction with personal and family life

Increased anxiety, jealousy, and feelings of inadequacy

Erosion of gratitude and contentment

Relational Effects:

Marital tension or arguments over unmet, unrealistic expectations

Diminished intimacy and appreciation for one another

Breakdown of communication and emotional distance

Increased likelihood of conflict or emotional affairs

Family Effects:

Parents emotionally disconnect from children in pursuit of “better”

Children sense discontent or are exposed to unrealistic goals and comparisons

A culture of “not enough” begins to define family identity

5. Interventions
Media Literacy Education:
Teach family members, especially teens and spouses, about the nature of social media—what is real vs. curated.

Digital Boundaries:

Establish screen-free times (e.g., dinner, family nights).

Limit social media usage, especially during family time.

Gratitude Practices:

Encourage daily gratitude journaling or verbal affirmations within the family.

Focus on what is working well in the home.

Open Communication:

Create safe spaces to express feelings of inadequacy or comparison.

Discuss content seen online with a critical, honest lens.

Faith-Based Anchoring:

Reinforce biblical truths about contentment, identity, and God’s provision.

Use scriptures like Hebrews 13:5 and Philippians 4:11-13 as part of family reflection.

Conclusion:
Comparison is a silent thief. Left unchecked, it can corrode the joy and unity in families. However, through intentionality, education, and emotional honesty, families can remain rooted in gratitude, contentment, and love—regardless of what’s trending online.

02/06/2025

A woman was seen emerging from a drainage canal in Makati, allegedly to recover a lost item. The image went viral, sparking public intrigue, mockery, and concern. A netizen sarcastically commented, “Buti pa sa imburnal may 80K. Nag-TUPAD ako, nag-akap, etc., doon pala paldo,” referring to the woman allegedly receiving PHP 80,000 after the incident, in contrast to modest earnings from government emergency employment programs like TUPAD.

🔍 Risk Dimensions
1. Urban Infrastructure Risk
Hazard: Open or unsecured drainage systems can pose dangers to public safety—risk of injury, infection, or even fatality.

Root Cause: Lack of physical barriers or covers on drainages; absence of surveillance or real-time monitoring systems.

2. Human Behavior Risk
Hazard: Individuals entering dangerous urban structures (e.g., sewers) without protective equipment or safety clearance.

Root Cause: Desperation, mental health factors, or misinformation; lack of public awareness about dangers.

3. Social Media & Public Perception Risk
Hazard: Viral content may trigger insensitive comments, misinformation, or copycat behavior.

Root Cause: Digital culture’s thirst for sensationalism over empathy and constructive dialogue.

📣 Key Observations
Public Safety Gaps: The incident exposes how urban environments can allow unnoticed access to hazardous areas.

Policy Gaps: No clear local policy ensures regular inspection or locking mechanisms for high-risk public utilities.

Moral Commentary: Viral reactions reflect deeper frustrations over socio-economic inequality. A netizen’s sarcastic comment hints at resentment over perceived unfairness in government support distribution.

🛡️ Recommendations
1. Urban Policy Reform
Conduct risk audits on open or exposed drainage systems.

Mandate LGUs to install covers, warning signs, and barriers.

Implement surveillance (CCTV) in known urban blind spots.

2. Mental Health and Emergency Response
Train barangay first responders and volunteers in psychological first aid (PFA).

Partner with NGOs and church-based groups for outreach to at-risk individuals.

3. Responsible Social Media Use
Promote digital citizenship. Encourage the public to report, not ridicule.

Strengthen laws against cyberbullying and the spread of disinformation or shaming.

📌 Conclusion
This incident, while bizarre on the surface, is a mirror of multiple systemic risks: neglected infrastructure, public frustration, and the powerful but often misused role of social media. It calls for empathy, better urban management, and stronger public education—not just viral attention.

31/05/2025

Risk Assessment & Mitigation Plan: Decline in Korean Tourist Arrivals Due to Criminal Incidents (2025)
📌 Situation Overview
As of the first quarter of 2025, South Korea—traditionally the top foreign tourism market for the Philippines—has recorded an 18% drop in tourist arrivals. From January to April, only 468,337 Korean tourists visited the country. The primary reason cited is the increased number of criminal incidents involving Korean nationals, causing alarm both in South Korea and among prospective travelers.

High-Impact Tourist Spots Affected
Zambales & Subic Bay Freeport Zone (SBFZ)

Popular for scuba diving, Korean-owned resorts and duty-free shopping.

Impact: Resort and retail revenue drop, increased vacancy rates in Korean-owned businesses.

Baguio

Frequent Korean student destination for ESL and leisure.

Impact: Drop in short-term student exchange programs and long-stay bookings.

Palawan & Coron

Known for luxury resorts, snorkeling, and island hopping.

Impact: Tour operators and boat services face cancellations and reduced fleet operations.

Puerto Galera

Offers affordable beachside stays popular with Korean backpackers.

Impact: Lower occupancy in budget hotels and fewer dive courses purchased.

Mitigation Plans
1. Enhanced Tourist Security Program
Deploy more tourist police in high-footfall areas.

Install CCTV and emergency response hotlines in major destinations.

Train frontliners in cultural sensitivity and crisis response.

2. Public-Private Partnerships
Collaborate with Korean communities and businesses to create "Safe Tourist Zones."

Encourage community tourism watch groups involving locals and expats.

3. Communication & Media Management
Launch a reputation repair campaign with testimonials from safe and satisfied Korean travelers.

Strengthen diplomatic communication with the Korean embassy to address concerns directly and transparently.

4. Localized Emergency Hotlines and Assistance Centers
Korean language assistance desks in airports and key cities.

Provide translated emergency info cards at hotels and tourist spots.

Long-Term Effects if Not Addressed
If these risks are not mitigated, the country could face:

Long-term brand damage to "It's More Fun in the Philippines" tourism slogan.

Reduced foreign direct investment in tourism infrastructure.

Worsening local economies in tourism hotspots, affecting livelihoods, transport, food, and retail sectors.

📢 Call to Action for LGUs and Stakeholders
✅ LGUs in Zambales, Baguio, Palawan, and Puerto Galera must:

Conduct immediate safety audits of tourism zones.

Create community-based solutions to ensure safe, clean, and culturally welcoming environments.

Integrate incident tracking into local government dashboards to monitor and respond in real time.

📚 Reference :
Department of Tourism (DOT). (2025). Korean tourist arrivals down by 18% in Q1 2025 due to safety concerns. Retrieved from https://www.tourism.gov.ph
Maxwell, J. C. (2011). The 15 invaluable laws of growth: Live them and reach your potential. Center Street.
World Tourism Organization (UNWTO). (2023). Tourism and Safety: Restoring Traveler Confidence. Madrid, Spain.

31/05/2025

NCAP Implementation: A Step Toward Road Discipline Amid Backlash

It’s a reality in governance and policy-making that whenever a well-intentioned reform is introduced, especially one that affects daily life and long-standing habits, it will face resistance. The No Contact Apprehension Policy (NCAP) is a clear example. While its aim is to instill road discipline and improve traffic law enforcement, it has stirred loud criticism from affected sectors—particularly those who may have grown used to a lack of accountability on the roads.

Sadly, the positive impacts of NCAP—such as improved traffic flow, increased driver awareness, and a noticeable reduction in reckless behavior—are often overshadowed by the noise of detractors. This reaction isn't surprising; people tend to oppose policies that inconvenience them, even if the greater public good is being served.

Personally, I see NCAP as a necessary and effective tool. No law is perfect at the start. Like many reforms, it needs time and calibration. But the change in driver behavior since its implementation is clear. Many motorists, particularly riders, have become more mindful of road rules. It proves that we can be disciplined—it just takes firm enforcement and clear consequences.

What NCAP needs now is gradual refinement—adjustments that improve fairness and address concerns without sacrificing the core goal of instilling discipline. By improving clarity, strengthening public information, and ensuring transparency in implementation, NCAP can mature into a sustainable, respected system.

In the end, good governance is about balancing public order with fairness, and even if a few voices are loud in opposition, that shouldn't drown out the policy’s true value.

Biblical Reflection:
"Let everything be done decently and in order." – 1 Corinthians 14:40
This verse reminds us that order and discipline are not just civic duties—they are biblical principles. If a policy like NCAP brings order to our roads and safety to our lives, then it aligns with the values of accountability and respect.

imagr credit to : RULY MAGS

28/05/2025

Risk Analysis: Woman Emerging from Drainage in Makati
📌 Scenario Summary:
A viral photo has circulated online showing a woman apparently emerging from a drainage in Makati. It raised shock and concern on social media. If this is her place of shelter or “home,” it reflects a deep social issue.

🛑 Key Risks Identified:
1. Public Health and Sanitation Risk
Drainages are highly unsanitary: Exposure to sewage water, waste, and toxic substances can lead to serious illnesses (e.g., leptospirosis, skin infections, respiratory diseases).

Risk to the woman: Prolonged exposure can be fatal without medical attention.

Risk to the public: Could signal deeper sanitation neglect that affects the broader community.

2. Urban Poverty & Mental Health Crisis
If the drainage is her home, it highlights extreme homelessness or mental health conditions.

May involve neglect, trauma, or lack of access to social services.

Ignoring this can reinforce urban inequality and erode trust in government response systems.

3. Safety and Infrastructure Failures
Unauthorized presence in underground drainage poses life-threatening dangers (flooding, gas leaks, collapse).

Suggests lack of secure shelter facilities or enforcement in urban areas.

4. Government Accountability & LGU Oversight
If this happened in Makati, a city with significant resources, no LGU is exempt from reevaluating its outreach and protection systems for the homeless and mentally ill.

Call for urgent reassessment of welfare programs, shelter facilities, and mental health support.

5. Public Perception & Media Virality
If not handled with compassion, viral content can lead to public shaming instead of support.

Risk of disinformation or exploitation if image use isn’t sensitive or verified.

✅ Recommendations for LGUs and the Public:
Immediate Intervention:
Send social workers or medical personnel to find and assist the woman.

Mental Health & Shelter Expansion:
Prioritize funding for shelters, feeding programs, and psychiatric outreach in all barangays.

Public Education:
Discourage mockery online; instead, encourage reporting such sightings with care and concern.

Urban Policy Reform:
Ensure drainage, public spaces, and infrastructure are monitored and secure.

Collaboration:
LGUs must work with NGOs and churches to respond rapidly to cases like this.

📖 Bible Reflection:
“Truly I tell you, whatever you did for one of the least of these brothers and sisters of mine, you did for me.”
– Matthew 25:40

📢 Call to Action:
If you see someone in a similar condition, report to your local DSWD or barangay center immediately. Let's be a society that uplifts, not just observes.

Image credit to Fb page https://www.facebook.com/share/p/151KrtGNmoV/?mibextid=xfxF2i

25/05/2025

Mga Panganib (Risk) Kapag Hindi Sinunod ang 7 Panuntunan sa Pagtitipid

Walang tamang badyet, laging kapos.
Kung hindi mo hinati ang kita mo sa needs, wants, at savings, posibleng maubos agad ang pera sa luho.
Resulta: Kapos sa bayarin, walang ipon, at hirap sa emergencies.

Laging impulsive, laging nagsisisi.
Kung bili ka agad ng gusto kahit mahal, baka pagsisihan mo 'pag wala nang pambayad sa essentials.
Resulta: Utang, guilt, at tambak na gamit na hindi naman kailangan.

Hindi tumutubo ang pera mo.
Kung hindi mo iniintindi ang growth ng pera (Rule of 72), baka habangbuhay ka nang kumakayod.
Resulta: Tanda na, pero wala pa ring ipon o puhunan.

Sayang ang libreng tulong.
Kung hindi sinamantala ang employer matching (hal. MP2, SSS, Pag-IBIG), nawalan ka ng chance na doblehin ang ipon mo.
Resulta: Mahirap mag-retire, aasa ka sa anak o kamag-anak.

Isang emergency lang, bagsak agad.
Kapag walang emergency fund, kahit simpleng sakit o nawalan ng trabaho ay malaking problema na.
Resulta: Mangungutang o magbebenta ng gamit—stressful at mahirap bumangon.

Walang naipon kahit may kita.
Kung walang automatic savings/investing, laging “ubos-ubos biyaya.”
Resulta: Walang naiipon sa tagal ng pagtatrabaho, kahit may sweldo buwan-buwan.

Tambak ang gamit, tambak ang gastos.
Kung bili lang nang bili at walang nilalabas na luma, puno ang bahay at isip mo.
Resulta: Magulo ang pamumuhay, wala nang space, at puro gastos.

Panuntunan sa Pagtitipid (na balang araw ay makapagliligtas sa’yo)
Pinoy Edition

50/30/20 Badyet na Diskarte
Hatiin ang kita sa:

50% Pangangailangan – Pagkain, upa sa bahay/kuryente/tubig, pamasahe, gamot, atbp.

30% Luho o Gusto – Paglalakbay, bagong damit, cellphone, at kape sa labas.

20% Ipon – Para sa emergency fund, utang, puhunan, o retirement.

1% Panuntunan sa Biglaang Gastos
Kung may gustong bilhin na higit 1% ng kita mo sa isang taon, maghintay ng 3 araw.
Malalaman mong baka hindi mo pala talaga kailangan.

Rule of 72 (Para sa mga nag-iinvest)
Hatiin ang 72 sa expected return ng investment mo (hal. 6%) para malaman kung ilang taon bago madoble ang pera mo.
Ex: 72 ÷ 6 = 12 taon para madoble ang investment.

Libre ang Matching sa Pag-iipon
Kung may employer ka na nag-aalok ng matching sa savings/retirement (hal. SSS/Provident Fund), sulitin mo ito. Libreng pera 'yan para sa kinabukasan mo.

3–6 Buwang Emergency Fund
Magtabi ng halaga na sapat sa gastos mo sa loob ng 3 hanggang 6 na buwan.
Kapag may dumating na sakuna o problema (e.g., mawalan ng trabaho), hindi ka agad mapipilitang mangutang.

Gamitin ang Auto-Save o Auto-Invest
Kung may GCash, bank app, o MP2, mag-automate ng ipon/investment kada sweldo.
Hindi mo na kailangang isipin—ipon agad!

Isa In, Isa Out Rule
Bago bumili ng bagong gamit (damit, gadget, sapatos), mag-donate o itapon ng isang luma.
Panatilihing simple at maaliwalas ang espasyo mo. Less gastos, more peace of mind.

25/05/2025

Navigating the Risks: Bundled Startup Partnerships in the Philippine Digital Ecosystem"
Risks to Watch: Bundled Partnerships in the Philippine Context
Partnering with Fintech, EdTech, or Logistics Startups for Integrated Services

🧩 Understanding the Concept: What Are Bundled Services?
Bundled services refer to the strategic packaging of complementary products or services into a single offering. In the Philippine setting, businesses are increasingly partnering with startups in fintech, edtech, and logistics to offer value-added experiences without needing to build every component in-house. These collaborations enable organizations to expand their services, improve user experience, and reach previously underserved markets.

💡 Why Bundled Services Matter: Strategic Advantages
1. Accelerated Innovation Without Heavy Investment
Startups are agile and solution-focused. By tapping into their expertise, established companies can fast-track digital innovation while minimizing R&D and infrastructure costs.

2. Enhanced Customer Value Proposition
Integrating services such as digital payments, learning platforms, or logistics streamlines the user journey. This not only increases convenience but also boosts customer loyalty and brand stickiness.

3. Market Differentiation in Underserved Areas
Bundled solutions resonate particularly well in rural areas of the Philippines where access to essential services (e.g., education, healthcare, banking) is limited. Providing end-to-end solutions enhances a company’s positioning as a holistic service provider.

4. Access to New Demographics
Each startup partner may bring access to niche audiences—young learners, unbanked populations, or gig workers—helping the business diversify its user base.

https://tacitrisk.blogspot.com/search?updated-max=2025-04-26T08:51:00-07:00&max-results=7

24/05/2025

I came across a Facebook post that struck a chord, labeling the government as "the biggest scammer" due to the structure of the tax system. While it's a strong statement, the post laid out frustrations that many ordinary taxpayers may relate to.

Here’s a simplified breakdown of the key points:

1. Income Tax
Employees are taxed directly from their salaries through a progressive income tax system (0%–35%). Although intended to tax higher earners more, middle-income workers often feel the greatest pressure, especially given rising costs and stagnant wages.

2. Value-Added Tax (VAT) & Excise Tax
Consumers pay a 12% VAT on most purchases, including essentials like food. On top of this, excise taxes are added to products like fuel, alcohol, and sugary drinks. This is where the notion of "double taxation" emerges—your income is taxed, and your spending is taxed too.

3. Property and Real Estate Taxes
Buying property involves multiple layers of taxation: documentary stamp tax, transfer tax, and registration fees. Even after ownership, you pay real property tax every year, despite taxes already being paid at the point of purchase. This recurring cost can feel excessive to many.

4. Perceived Inequity and Mismanagement
The heart of the frustration? A perceived imbalance between what citizens pay and what they receive. Despite high tax collection, public services often lag, and corruption scandals erode trust in how funds are managed.

While it’s easy to feel disillusioned, it’s also important to advocate for accountability and reform, not just express outrage. As stewards of our nation’s future, we should remain informed, engaged, and demand transparency.

"Give to Caesar what is Caesar’s, and to God what is God’s."
— Matthew 22:21

Paying taxes is a duty—but holding leaders accountable for how they’re used is a right and a responsibility.

Pictures not mine credit to the original uploader.

24/05/2025

BOW-TIE ANALYSIS: DATA BREACH RISK
CHAPTER 1: OVERVIEW
1.1 Objective
Identify and analyze how data breaches happen, what causes them, and what their effects are, using a Bow-Tie Diagram. This means looking at both tech and human risks in private and public sectors across the Philippines.

1.2 Central Event (Top Event)
Loss of Control Over Confidential or Sensitive Data
This is the scenario when you no longer have control over your personal, private, or sensitive data, and it becomes easy for people who shouldn’t see it to access.

CHAPTER 2: THREATS (Left Side of Bow-Tie Diagram)
Initiating Mechanisms or Causes

2.1 External Threats
Phishing Attacks — Fake emails with harmful links aimed at employees to steal info or get access.

Advanced Persistent Threats (APT) — Long-term spying by high-level hackers, often linked to government groups, trying to gather sensitive info quietly.

DDoS or Brute-force Attacks — Overloading systems or trying endless login attempts to cause downtime or expose vulnerabilities.

Ransomware/Spyware Infections — These can happen through unsecured networks, sneaking in and locking up or spying on your data.

Read more at this link :https://tacitrisk.blogspot.com/2025/04/bow-tie-analysis-data-breach-risk.html

Philippines Risk Management Practitioner

09/06/2025

07/06/2025

02/06/2025

02/06/2025

02/06/2025

31/05/2025

31/05/2025

28/05/2025

25/05/2025

25/05/2025

24/05/2025

24/05/2025

Address

Website

Alerts

Contact The Business

Shortcuts

Share

Category