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Last week brought welcome news on the economy, as the Philippine Statistics Authority reported that our gross domestic product (GDP) in the third quarter grew by 7.6 percent over the same quarter last year. Many argue that…
I used to tell my students not to aspire to get a job after finishing their studies, but to aspire to create jobs. That is, aspire not to be employees but to be employers, as entrepreneurs. Could…
What’s wrong with our infrastructure? It’s all about the three attributes in our title: we don’t have enough, it’s not reliable, and costs too much. And these hold true whether it’s electric power, water, transport, telecoms, or…
With the peso-dollar exchange rate now seemingly courting P60 to the dollar, our economy appears to be suffering from a case of LDM, or loose dollar movement. Dollars are indeed flowing out of the country for various…
No doubt, agriculture now deserves top attention among the three economic sectors, over industry (mostly manufacturing) and services (with its mix of low- and high-value activities). The global food crisis that COVID-19 and Russia’s invasion of Ukraine…
So much has been written on the so-called “sugar mess” in the past two weeks that I hesitated to add more. But I thought it might help if we distilled the cold hard facts from opinions, accusations,…
The human costs of COVID-19 and how we managed it heightened grave threats to the nation’s future that had been looming even before the pandemic. We have a ticking time bomb in our midst that needs to…
The country lost one of its greatest presidents last Sunday. For me, Fidel Valdez Ramos (aka FVR) was the greatest, perhaps because I was privileged to witness and experience his exemplary leadership up close, as a member…
Upon giving birth to her second baby in a leading hospital last May, my youngest daughter and her husband languished for hours in the delivery room with no one attending to them, even as they already had…
Do you often get the feeling that government bureaucrats seem to be programmed with an obstructionist mindset, when as “public servants,” their attitude should be an enabling one instead? Over the years, I’ve shared many anecdotes…
In my childhood days in the 1960s, we would watch on our dark Radiowealth TV screen “Da’ Best Show,” a daily early evening variety show that featured comedy skits with veterans Sylvia La Torre, Oscar Obligacion, Ading…
The Bangko Sentral ng Pilipinas (BSP) has been criticized—wrongly, I think—for being “dovish,” “behind the curve,” or not acting fast enough in response to speeding inflation and exchange rate movements. It seems to me that economists (as…
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