Bouncing back

Cielito F. Habito - @inquirerdotnet 05/24/2022

Now that the first-quarter growth figures are out, I thought I’d take a closer look at how the economy is growing. The report was a surprise to many, as most analysts had expected the gross domestic product…

CV economy up by 5.4% in 2021 — PSA-7

Mary Rose Sagarino 04/28/2022

MANDAUE CITY, Philippines — The economy of Central Visayas has grown by 5.4 percent in 2021 compared to a  -9.5% in 2020. The region’s Gross Regional Domestic Product (GRDP) was measured at P1.20 trillion, higher than 2020’s…

A changed economy

Cielito F. Habito - @inquirerdotnet 02/08/2022

Two years of the COVID-19 pandemic have fundamentally changed our economy. I came to see the extent of the change upon poring over the latest economic data much more closely than usual. Understanding these changes could help…

The Marcos years: Not gold, but dust

Tony S. Bergonia - @inquirerdotnet 09/25/2021

The Cambridge online dictionary defines kleptocracy as “a state of unrestrained political corruption, literally meaning rule by thieves.” The world is replete with cases of kleptocracy as defined by Cambridge. In the Philippines, one case cited by…

Sen. Gatchalian wants to know how Duterte will revive economy during SONA

Futch Anthony Inso 07/23/2021

LAPU-LAPU CITY, Philippines — Senator Sherwin “Win” Gatchalian wants President Rodrigo Duterte to discuss his strategies in reviving the country’s economy during his last State of the Nation Address (SONA) on July 26, 2021. Gatchalian said that…

The right time to invest

Isaiah Yu - @inquirerdotnet 03/11/2021

It was awfully quiet during dinner. I could see that my dad was burdened and had little sleep. He was staring at his untouched food, until he finally said, “Today at work, we had to cut costs…

NEDA-7: Consumer demand needs to rise to improve economy

Delta Dyrecka Letigio 02/26/2021

CEBU CITY, Philippines — The National Economic and Development Authority in Central Visayas (NEDA-7) said that in order to boost economic revival the consumer demand would need to rise. In their report to the Regional Development Council…

Cortes not inclined to put Mandaue under ECQ

Mary Rose Sagarino 02/23/2021

MANDAUE CITY, Philippines – Mandaue City Mayor Jonas Cortes said he is not inclined to place the city under Enhanced Community Quarantine (ECQ) contrary to the recommendations of some consultants of the Department of Health Central Office…

Vaccines and economic stimulus

Antonio T. Carpio - @inquirerdotnet 02/18/2021

The Philippines’ performance, both in the management of the pandemic and the economy, was the worst among all Southeast Asia countries in 2020. The nation’s recovery now hinges on two factors: the rapid vaccination of 80 percent…

Nation in great peril

Cielito F. Habito - @inquirerdotnet 02/09/2021

While the pandemic’s toll on our economy has been particularly severe, the most telling has been the human cost of the economic decline, the implications of which could stay with us well into the future. This had…

Two wheels and a flat

Cielito F. Habito - @inquirerdotnet 02/02/2021

Within the space of a year, our economy moved from being at the front of the pack of our comparable neighbors, to being at the tail end. Somehow, we squandered the hard-won head start we already enjoyed…

Garcia: Cebu Province in ‘good’ shape amid COVID-19 rise

Delta Dyrecka Letigio 01/26/2021

CEBU CITY, Philippines — Cebu Governor Gwendolyn Garcia is not a bit worried that only 10 of the 50 towns and cities in the province can be considered as Coronavirus Disease 2019 (COVID-19) free. The governor said…

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