
#TheViewFromManila | Investment banker and Maharlika Investment Fund independent director Stephen CuUnjieng returns to Richard Heydarian for a wide-ranging conversation on why “anti-corruption” and “unity” rhetoric keeps winning—while competence and long-term policy lose. From why government spending still drives short-term growth to the myth of a “demographic dividend,” and why top talent is pushed out by an anti-excellence culture, CuUnjieng argues the real fix is incentives: meritocracy, competitive pay, and zero tolerance for incompetence.