OF SUBSTANCE AND SPIRIT Diwa C. Guinigundo Malampaya tops both Pharmally and Starpay in size and consequence. What is at stake here is not medical gears or cash remittances. It is no less than the Malampaya gas field, an offshore, deep-water gas condensate reservoir in northwest Palawan, discovered...
OF SUBSTANCE AND SPIRIT Diwa C. Guinigundo Corruption will definitely be a big issue in the May 2022 election. The continuing Senate investigation points to some conspiracy to make big money out of the pandemic. This is not without social cost. Many Filipinos paid for it with their lives because...
OF SUBSTANCE AND SPIRIT Diwa C. Guinigundo It is scary, this recent economic briefing of Socioeconomic Planning Secretary Karl Chua on the cost of coronavirus pandemic that is in progress. He estimated the total cost of both the sickness and quarantines on the present generation. Then he calculated...
OF SUBSTANCE AND SPIRIT Diwa C. Guinigundo T here is only one way of interpreting the recent observation of Fitch Solutions Country Risk and Industry Research that “there is a risk that policy-making processes will slow as attention is turned to political jostling rather than measures to speed up...
OF SUBSTANCE AND SPIRIT Diwa C. Guinigundo Aside from his monumental work of literature, One Hundred Years of Solitude, Gabriel Garcia Marquez’ other celebrated novel is The Autumn of the Patriarch published in 1975. That was the time I was sworn in by the venerable then UP President Salvador P....
OF SUBSTANCE AND SPIRIT Diwa C. Guinigundo This broadsheet bannered last Monday that defeated Senator Manny Pacquiao was still the “People’s Champ.” Despite his disheartening loss to Cuban boxer Yordenis Ugas who retained his super WBA welterweight crown, Pacquiao remained the crowd favorite....
OF SUBSTANCE AND SPIRIT Diwa C. Guinigundo (The following column is written in Filipino in observance of the National Language Month.) Ngayong buwan ng Agosto, ipinagdiriwang natin ang Buwan ng Wika. Bago itinakda ito ng Pangulong Fidel V. Ramos sa kapangyarihan ng Pampanguluhang Proklamasyon 1041...
OF SUBSTANCE AND SPIRIT Diwa C. Guinigundo We were pleasantly surprised to hear the announcement by the Philippine Statistics Authority last Tuesday that the Philippine economy expanded by 11.8 percent during the second quarter 2021, coming strongly from first quarter contraction of 3.9 percent and...
OF SUBSTANCE AND SPIRIT Diwa C. Guinigundo By the dictates of the health protocols, the Batasan hall was half-empty. It was desolate. Upon his arrival by a chopper, President Duterte looked weak and disoriented, and was politely escorted through a brief military review. Inside the Batasan, the...
OF SUBSTANCE AND SPIRIT Diwa C. Guinigundo We don’t know about our readers but we like adobo the way we prepare it in Bulacan. Pork belly is braised in vinegar, soy sauce, garlic, bay leaves, pepper and salt until it is tender. Pork is seared in its own, copious fat and cooked slowly in lots of...
OF SUBSTANCE AND SPIRIT Diwa C. Guinigundo As expected, many economists and analysts missed on their forecasts of the Philippine inflation rate of 4.1 percent for June 2021. Public announcement of the monthly inflation rate is highly awaited by the market because it is both a history of price...
Industry thought leaders called for urgent coordinated policy reforms and new development strategies to strengthen the country’s competitiveness through trade and investments. Former BSP Deputy Governor for Monetary and Economics Sector Diwa C. Guinigundo in his keynote address at the recent...