OF SUBSTANCE AND SPIRIT It’s not the first time we heard about that sense of uncertainty that triggers fear among investors, whether domestic or foreign. Socio-economic Planning Secretary Arsi Balisacan was concerned that in the Philippines, the issue of Charter change has compounded the widening...
OF SUBSTANCE AND SPIRIT It was Mark Amand who argued that rejection doesn’t mean we aren’t good enough. He said that the other person who rejected us actually failed to appreciate what we can bring to the table. In fact, the Platonic philosopher Atticus would even say “I’ve never met a...
OF SUBSTANCE AND SPIRIT No, former Senator Jose “Pepe” W Diokno is not missing. He passed on in 1987 at the age of 65. If he were living today, he would have been 101, having been born in 1922. He is not missing but we miss him and his legacy. His life revolved around the defense of...
OF SUBSTANCE AND SPIRIT It was timely for the Bangko Sentral ng Pilipinas (BSP) to have further tweaked its hedging facility to mitigate what could be a sharp depreciation of the peso against the US dollar. Currency hedging is like having insurance to protect corporates against possible losses...
Diwa C. Guinigundo (We are publishing the letter of former Bangko Sentral ng Pilipinas Deputy Governor Diwa C. Guinigundo to the senators on the Maharlika Investment Fund – Editor) Honorable Senators of the Republic: Thank you for allowing us to speak our minds on the Maharlika Investment Fund...
OF SUBSTANCE AND SPIRIT Diwa C. Guinigundo Putting up the Maharlika Investment Fund (MIF) cannot save us from the more urgent economic and social problems we face this year. For instance, no government can prevent shear line-induced heavy rainfall that caused flash floods and landslides in Mindanao...
OF SUBSTANCE AND SPIRIT Diwa C. Guinigundo Seven years ago, in October 2015, the United Nations Population Fund (UNPF) and the National Economic and Development Authority (NEDA) published a study entitled “Demographic sweet spot and dividend in the Philippines: The window of opportunity is...
OF SUBSTANCE AND SPIRIT Diwa C. Guinigundo Two days ago, the Philippine Statistics Authority announced that inflation further escalated to 6.1 percent for June 2022. This was the fourth consecutive month of inflationary trend after peaking last year at 4.4 percent in August 2022. There is nothing...
OF SUBSTANCE AND SPIRIT Diwa C. Guinigundo W hen Congress finally proclaims the winning candidate for president, as the indelible ink vanishes from our point finger, the so-called transition period from the Duterte administration will then begin. The Comelec partial and unofficial tally shows a big...
OF SUBSTANCE AND SPIRIT Diwa C. Guinigundo In 2019, Volkswagen said goodbye to the Beetle we all know, stopping the production of the iconic car of the last 80 years. It was Adolf Hitler who commissioned engineer Ferdinand Porsche to design a practical and cheap vehicle for the people, volk in...
Of substance and spirit Diwa C. Guinigundo Y es, there is a good likelihood of yet another close vote and electoral protest between VP Leni and Marcos Jr. on May 9, 2022. This much was the bottom line of the recent analysis of GlobalSource Philippine country analyst Romeo Bernardo. This is what the...
OF SUBSTANCE AND SPIRIT Diwa C. Guinigundo Lent brings to mind that time of penitence in some parts of Manila and Pampanga where flagellants abound on Good Friday. Some are nailed on the cross. Briefly done and with proper support, such is a pathetic partaking of the passion of Jesus. After an...
