Thursday, November 12, 2015

Domestic Media’s Reports on Philippine Banks: Did You Two Visit the Same Country?

In a fact finding mission on South Vietnam, two diametric reports from his underlings prompted the late US President John F, Kennedy President to sardonically ask: The two of you did visit the same country, didn't you?

We apply this to the today’s divergent headlines and reports on Philippine banks:

Excerpted from the Inquirer



Now headlines and summary reports from the Businessworld…


 
On BPI
 


Updated to add: It may be technically true that indeed banks made profits as of September, but the intent of this post has been to show of the stark difference in the framing of the said reports. The Inquirer report was wildly optimistic to basically omit the negative aspects while Businessworld report took on a more balance stance.

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