GOOD TIMES, BAD TIMES Portrait of the author Dr. Jaime Laya (when he was minister of budget) by national artist Federico Alcuaz So it has been with former President Ferdinand E. Marcos . Every Feb. 25 (EDSA Day), Aug. 29 (Ninoy Day), Sept.11 (birthday), Sept. 21 (Declaration of Martial Law),...
D&L Industries Inc., the country’s largest specialty foods ingredients, plastics and oleochemicals firm, is expecting its earnings in to exceed P1 billion in the second half of the year to over P1 billion from the earlier targeted P900 million to P1 billion. D&L President and...
The Asian Development Bank (ADB) said it is establishing a regional hub to promote knowledge sharing and strengthen cooperation on tax policy and tax administration among the Asia and the Pacific economies and their development partners. Masatsugu Asakawa, ADB...
The Filinvest group sees the need for government stimulus, continued private sector investments, and renewed consumer confidence to jumpstart the economy that has been derailed by the pandemic. Filinvest Development Corporation President and CEO Josephine Gotianun Yap (Photo credit:...
Former Vice President Jejomar Binay GOVERNANCE MATTERS The National Economic and Development Authority (NEDA), run by economists who are by training more circumspect with their projections and parsimonious with hyperboles, sees poverty and unemployment further worsening next year. The takeaway is...
Former Senate President Manny Villar OF TREES AND FOREST One of the effects of the COVID-19 pandemic and lockdown is the disruption in terms of employment. A July, 2020, National Mobile Phone Survey by the Social Weather Stations (SWS) revealed some depressing numbers as adult unemployment reached...
Toyota Motor Philippines (TMP) will return to two-shift production at its Sta. Rosa, Laguna manufacturing complex, starting today, Sept. 14, signaling normalization of operations after months of limited capacity. Toyota Motor Philippines (TMP) has officially introduced the 2020...
National athletes and coaches will finally get their full allowances after President Duterte signed into law the Bayanihan Act 2 or House Bill 6953. (MB File Photo) National athletes and coaches will finally get their full allowances after President Duterte signed into law the Bayanihan Act 2 or...
OF TREES AND FOREST Former Senate President Manny Villar The World Health Organization (WHO) issued a sobering assessment last week on the development of a vaccine against COVID-19. WHO officials said that “it did not expect widespread immunization against the novel coronavirus until mid-2021”....
Former Vice President Jejomar Binay GOVERNANCE MATTERS Ever since the government placed Metro Manila and major urban centers under a lockdown, our people have been living in a state of constant fear. The fear is real, not existential. It is brought on by economic uncertainties and the day-to-day...
OF TREES AND FOREST Former Senate President Manny Villar Ironically, the piece of legislation providing for the celebration of National Heroes Day — Republic Act No. 3827, passed by the Philippine Legislature on October 28, 1931 — did not specify any particular hero. And so while we have days...
GOVERNANCE MATTERS Former Vice President Jejomar Binay Last week, Congress received from the Executive the proposed budget for 2021 totalling P4.5-trillion. The budget reflects government’s optimism that the economy will be able to rebound from the recession triggered by the extended lockdown...
