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I'm The King of Business & Technology in the Modern World-Chapter 115: Government Can’t Win
Two days after Sentinel Systems' ultimatum, the Philippine economy was teetering on the edge.
Matthew Borja sat in his executive office, staring at the endless reports streaming in. The peso had continued its decline, hitting a four-year low against the US dollar. The stock market was still bleeding, with major firms scrambling to assure shareholders that this crisis would pass.
Angel, pacing back and forth, barely looked up from her tablet. "Vargas is still holding his ground," she said. "He hasn't responded publicly, but behind closed doors, his people are scrambling."
Lucas sighed, rubbing his temples. "I've spoken to some of our business allies. A few of them have been receiving phone calls from government officials, urging them to distance themselves from you. They're using pressure tactics, hoping to isolate Sentinel."
Matthew smirked. "And are they?"
Lucas shook his head. "Most are standing firm—for now. But the smaller players are getting nervous. The government is threatening to block contracts, deny permits, make their lives hell."
Matthew exhaled, leaning back in his chair. "That's how these people operate. They don't negotiate, they intimidate."
Angel stopped pacing and set her tablet down. "So what's the next move? If Vargas won't bend, do we escalate?"
Matthew nodded slowly. "We keep the pressure on. If he thinks this is bad now, he hasn't seen anything yet."
Later that afternoon, the business world was rocked by another announcement.
Sentinel Systems released a second statement, this time revealing that discussions had begun with international governments about relocating their primary operations.
Breaking News:
"Sentinel Systems in Talks to Move Headquarters Overseas—Singapore and Japan Among Possible Destinations!"
"Matthew Borja to Pull Billions from the Philippine Economy? Experts Warn of Long-Term Damage!"
"Investor Exodus: Foreign Firms Rethink Philippine Expansion Amid Political Uncertainty!"
The reaction was immediate and brutal.
The Philippine Stock Exchange suffered another steep drop, wiping out nearly five percent of its market value in a single day. Investors, already on edge, started pulling out of key industries. Banks, fearing capital flight, restricted large withdrawals from corporate accounts.
Angel sat at the conference table, scrolling through a flood of financial data. "We just caused another market crash," she muttered.
Matthew took a sip of coffee, unfazed. "Good."
Lucas checked his phone. "I've got a dozen calls from top business leaders asking what the hell is happening. They want assurances that this won't spiral further."
Matthew raised an eyebrow. "And what did you tell them?"
Lucas hesitated before answering. "That it depends on Vargas."
Matthew grinned. "Exactly."
The Government's Internal Struggle
While the country descended into financial chaos, Malacañang was in full damage control mode.
Inside the presidential palace, Vargas and his cabinet held an emergency meeting.
"This is getting out of hand," Finance Secretary Luis Agoncillo said, his voice tight with frustration. "If Borja follows through, we're looking at a capital flight scenario worse than 1997. The economy can't handle this."
Defense Secretary Eduardo Castillo crossed his arms. "Are we really going to let one man hold the country hostage?"
Vargas, seated at the head of the table, clenched his jaw. "We can't be seen as weak. If we let Borja dictate terms, every billionaire will think they can challenge the government."
"But this isn't just about him anymore," Agoncillo argued. "Foreign investors are watching. We're hemorrhaging market confidence. If we don't stabilize this, we're looking at a long-term economic crisis."
Vargas rubbed his temples. He knew he was running out of time.
The Diplomatic Fallout
As the Philippine government struggled to contain the damage, another blow came from the international community.
The U.S. Chamber of Commerce released a statement condemning the Philippine government's actions against Sentinel Systems.
"Politically motivated investigations into private enterprises create an unstable business environment. We urge the Philippine government to reconsider its approach."
Shortly after, the Japanese Ministry of Trade expressed "concerns over the state of foreign investments in the Philippines."
Angel read through the statements, shaking her head. "They're losing international support fast."
Lucas added, "Even the European Union is getting involved. Their trade commission is considering reviewing their economic agreements with the Philippines."
Matthew leaned forward, resting his elbows on the table. "Vargas wanted a war. Now he's fighting on three fronts—political, economic, and diplomatic."
Vargas Breaks
By the fourth day, it was clear Vargas couldn't hold out much longer.
His approval ratings had taken a hit. Business leaders were pressuring him to de-escalate. Foreign diplomats were demanding explanations.
And then, the final blow came.
A coalition of local business groups—some of the most powerful in the country—publicly urged the government to "resolve the dispute with Sentinel Systems before irreparable damage is done."
That night, Vargas called for a press conference.
Seated at his desk, he faced the cameras with a forced smile. "After careful consideration, the government has decided to withdraw certain investigative measures against Sentinel Systems. We recognize the need for a stable business environment, and we remain committed to fostering a positive investment climate."
Angel read the statement aloud as it played on the screen. "Translation: 'We surrender.'"
Lucas chuckled. "They're dressing it up, but this is a retreat."
Matthew smirked, watching Vargas struggle to swallow his pride. "He thought he could bully me. Instead, I made him blink first."
With Vargas backing down, the stock market began stabilizing. Investors cautiously re-entered, and the panic started to subside.
Sentinel Systems released its own statement, "welcoming the government's decision to step back from hostile actions" while reaffirming its commitment to innovation in the Philippines.
Angel grinned. "That should be enough to calm things down."
Lucas nodded. "And Vargas just learned a painful lesson—never pick a fight with the guy who holds the economy by the throat."
Matthew stood, stretching. "It's over—for now."
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Angel looked at him. "So what happens next?"
Matthew's expression was unreadable.
"We prepare for the next fight."
Matthew leaned back in his chair, letting the weight of the moment settle over him. He had won this round, but the battle was far from over. Vargas had backed down, but not because he had suddenly seen reason. No, it was because the pressure had reached a breaking point. The president had no choice but to retreat, but that didn't mean he wouldn't strike again when the opportunity presented itself.