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Cha-cha, or Charter change, has always been a controversial subject. A survey conducted in mid-2018 revealed that majority of Filipinos were against amending the Constitution, and this unpopularity may have historical underpinnings. Many Filipinos still recall how…
Finally we end the worst year the world has experienced since the world wars, and in some ways beyond maybe. The impact on our lives has been, quite simply, horrendous. The impact on national economies disastrous. It…
Twice a year we look at the economy for our clients. I thought I’d share a few of our thoughts in that report with you. The third quarter results came two weeks ago, and you don’t need…
Hong Kong, China—Asian markets mostly rose Wednesday, November 18, 2020, but investors were shifting cautiously as they weighed hopes for a virus vaccine against surging infections around the world that threaten an already stuttering economic recovery. While…
Hong Kong, China—Most Asian markets rose Tuesday, November 17, 2020, as hopes the world could begin to return to normal were boosted by news that another vaccine candidate appeared to be effective against the coronavirus. However,…
Hong Kong, China—Asian markets struggled Thursday, November 12, 2020, as a week-long rally sputters, with sentiment split between vaccine hopes and Joe Biden’s election win on one side and fears over a surge in virus cases that…
Health is wealth,” though a cliché, has scarcely been uttered during this coronavirus pandemic. Not surprising as it has become second nature to individuals, while what we have is a public health crisis. So more appropriate is…
Beijing, China—China’s economy grew 4.9 percent on-year in the third quarter, sustaining its rebound from bruising virus lockdowns and moving closer to pre-pandemic levels, official data showed Monday, October 19, 2020. The world’s second-largest economy grew slightly…
MANILA, Philippines — Some 3.5 million workers have been displaced by the coronavirus disease 2019 (COVID-19) pandemic, the Department of Labor and Employment (DOLE) said Thursday, October 15, 2020. According to Labor Secretary Silvestre Bello III, only…
When the government announced last March the first of a series of nationwide lockdowns, I feared that the country would not be able to endure more than three months of severe restrictions before our nation’s economy would…
Reports describe the Philippine peso as the “best performing” currency in Asia this year so far, having appreciated against the US dollar by 4.3 percent since the year started, thereby “outperforming its regional peers.” I have a…
The call for the speedy reopening of the economy is gaining ground as the Philippines sinks into the worst recession in three decades. As early as July, in fact, the Philippine Chamber of Commerce and Industry had…
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