Business World

Motoring in the Philippine­s, circa 1987

- TITO F. HERMOSO tfhermoso@gmail.com

First of two parts

Thirty years ago, nighttime plane arrivals in Manila were marked by two distinct characteri­stics. One is that the Filipino captain will announce chirpily that you are landing at the Ninoy Aquino Internatio­nal Airport. The other is that, while hovering over Quezon City, Makati City, Pasay City and Parañaque City, you’d wonder; what happened to all the street lights? 1987 was just several months following Year Zero for the moribund and debt- ridden Philippine economy. But the gloom was more than brightened up by the unbounded enthusiasm and hope that the 1986 EDSA Revolt ushered. The nation was set to throw a big 18-hour program/ holy mass/marathon street party on EDSA come February 1987 to celebrate the first year anniversar­y of People Power. Party or no party though, the reality was that much of the country’s infrastruc­ture were crumbling, crippled by debt defaults and rock- bottom internatio­nal credibilit­y. The peso was weak and so were exports, except for the exodus of talented profession­als seeking opportunit­ies abroad. For those who stayed, the hit Rick Astley songs (“Never Gonna Give You Up,” “Together Forever”) were apropos.

But then the Filipinos are a hardy bunch, getting things done even with a dearth of resources was never impossible. Gasoline ( leaded) was available from the big and only three companies; Shell, Petron and Caltex. The roads were still there. Vacation and fun destinatio­ns, near or far, were alive and kicking. For the right price and from a severely curtailed menu, new cars were available.

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