The peso exchange rate is determined by the supply of and demand for dollars in peso terms or the supply of and demand for pesos in dollars terms in the foreign exchange market. The peso gets weaker…
On the economy, the President said in his first State of the Nation Address (Sona) to hand over an economy that is much stronger, characterized by solid growth, low and stable inflation . . . and robust…
This is not about forecasting on what most likely to be the annual growth rate of the Philippine economy in the next six years or until the next presidential election. To do so would be to belie…
The more things change, the more they stay the same, said Jean-Baptiste Alphonse Karr in French. This is perhaps really true in life. Seemingly, nothing really changes. I was a child, now I am a man. I…
Reflections from Paseo de Coro There had never been a government in the Philippines since the postwar years that the economy grew by over 6 percent at a sustained rate what the present administration had achieved in just…
Reflections from Paseo de Coro Governance is about making a decision and how that decision is done. But what kind of decisions are made? For what purpose are they made? How are these decisions arrived at? Who has…
Reflections from Paseo de Coro The Philippine Internet is abuzz with accusation and counter accusation about who among the presidentiables and/or their supporters are attacking who and using deceptive means to mislead the indiscriminating large section of…
It is true that despite the recent improved performance of the economy under the present administration of Benigno Aquino III, the Philippines still remained mired in poverty. This can be largely explained by the failure of our…
Reflections from Paseo de Coro Poor service and slow Internet in the country is one of the most common complaints of people who depend on the World Wide Web for their daily communication as well as to…
I’m glad that this year CCCI’s Cebu Business Month aims to tackle the question of slow internet service. Slow internet service in the country is one of the most common complaints of people who depend on the…
Last year’s economic growth was slower at 5.8 percent, compared to the 6.1 percent growth we achieved in 2014. Indeed, the 2015 performance was quite a disappointment because in the five years beginning 2010, whence the present…
With 5,000 sq. km. in land area, Cebu is 4.8 times bigger than Hong Kong and 7.4 times bigger than Singapore. Like the two city states, Cebu is also strategically located. It has a good seaport and…