The ASEAN+3 Macroeconomic Research Office (AMRO) cut its economic growth outlook for the Philippines due to recurring new waves of coronavirus infections followed by the retightening of containment measures. The regional macroeconomic surveillance organization on Thursday, Oct. 7, tempered its 2021...
Smart Communications, Inc. (Smart) sees continued growth for its ‘fixed wireless’ business, which already grew 187% by P1.1 billion in the 1st half of the year as people shelter in place amid the renewed surge of COVID-19 cases. Smart_500x500 Fixed wireless refers to wifi modems that connect...
Online order volumes will continue to rise this 2021, after e-commerce, which averaged 8 percent year-on-year growth pre-pandemic, spiked during last year's restrictions when consumers shifted to online shopping. This was according to John Queng Director of logistics and fulfillment provider...
Malacañang hopes that the enhanced community quarantine (ECQ) period that was imposed between August 9 and 20 in several places in the country, including Metro Manila would be the last one for this year, at least. (Ali Vicoy/ File photo/ MANILA BULLETIN) Presidential Spokesperson Harry Roque...
The Department of Science and Technology (DOST) has provided ready-to-apply Carrageenan Plant Growth Promoter (PGP) products worth more than P200,000 to farmers in Ilocos Norte to help them increase their harvests. (Photo from DOST-PNRI) DOST Secretary Fortunato “Boy” T. de la Peña said DOST-I...
Polluted air is not only detrimental to human health, but also to crop yield. A study in the United States found that the decrease in air pollution from 1999 to 2019 contributed to a 20 percent increase in corn and soybean harvests that cost about five billion dollars per year. Four air pollutants...
SPEAKING OUT Ignacio R. Bunye Speaking before the Regis CEO Roundtable Series last May 18, Fernando Zobel de Ayala (FZA), President and CEO of Ayala Corporation, disclosed that “two of Ayala’s most cyclical businesses – Ayala Land and BPI – are priming themselves for a post-pandemic...
The Senate local government committee on Wednesday, June 2, started discussing proposals for the creation of a Metropolitan Davao Development Authority (MDDA). Senator Francis Tolentino (Senate of the Philippines) Similar bills were filed by administration Senators Imee Marcos, Ronald "Bato" dela...
The Department of Interior and Local Government (DILG) and the Department of Labor and Employment (DOLE) stressed Friday, May 28, that lifting the economic restrictions in the 1987 Constitution is vital for the country’s progress as it will open more job opportunities, a move deemed crucial amid...
President Duterte is optimistic about the country's long-term growth despite the pandemic due to the Filipino nation's resilience, creativity, and other competitive advantages. President Rodrigo Duterte delivers a public address on May 17, 2021 (Malacañang) The President said the country was...
The Philippines may miss its target of at least 6.5% economic growth this year after a resurgence of Covid-19 infections forced the capital into a two-week lockdown, Economic Planning Secretary Karl Chua said. “We were a healthy economy before COVID. Now, we’re struggling,” Chua said in an...
OF SUBSTANCE AND SPIRIT Diwa C. Guinigundo We have a circular strategy of managing the pandemic by imposing community quarantines (CQs) and re-opening the economy with very little done during time outs. Increment is marginal; it is bound to be never ending. We cause economic scars and uncertainty,...
