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Published May 11, 2021, 11:07 AM
Amid COVID-19 lockdown restrictions and lack of support in the livestock sector, which contributes more than 14 percent to the Philippines’ total farm output, it is unlikely for the agriculture sector to recover soon and achieve the Department of Agriculture’s (DA) growth target by the end of this year.
Photo by Amber Kipp on Unsplash
“With the MECQ [modified enhanced community quarantine], which continue to affect demand for pork and chicken and challenges in the supply chain, it will be wishful thinking to achieve the target of DA of an annual growth of 2.5 percent for the whole year,” Philippine Chamber of Agriculture and Food Inc. (PCAFI) President Danilo V. Fausto told Business Bulletin.
From baking banana bread to tending to an indoor garden to taking up digital art classes, the past year indoors saw people venturing into new hobbies. For generation Z – those aged 24 and below as of 2021 – financial investment was one of them.
Research by UK bank Halifax found that spare time was the top reason that people from generation Z started investing, as reported by the Financial Times (FT) earlier this month. FT noted that online brokerages were experiencing “record levels of engagement from young, tech-savvy investors raised on YouTube tutorials and Reddit forums.” Raised as digital natives, the barriers to entry for this generation are relatively low given the variety of online resources and convenient platforms already available.
Published May 4, 2021, 6:00 AM
The pandemic has highlighted the greatest economic treasure the Philippines has, its human resources. We continue to have a young, growing and English speaking population that is referred to as our demographic dividend. In contrast, all developed countries as well as some of the emerging markets in Asia like China, Thailand, Vietnam and Indonesia are already showing signs of rapidly falling fertility rates and ageing that can dampen their economic growth in the next decade or so. Heavy pressures on pension funds and social security systems, labor shortages, and dwindling domestic markets are already worrying the leaders of even the most populous country in the world, China. Because of unwise population control programs in the past, China is already rapidly ageing before becoming rich. We should be thankful that population control programs that some of our past governments tried to impose were not successful. Our population today of close to
April 24, 2021
A woman receives free fruits and vegetables from a community pantry in Quezon City. Photo: Reuters
On April 14, Ana Patricia Non set up a small bamboo cart on a pavement in a Quezon City village, stocking it with 800 pesos (S$22.00) worth of groceries, including vegetables, packs of rice and noodles, canned food, and bottles of water.
The 26-year-old resident attached a handwritten cardboard sign that read “Maginhawa Community Pantry”, after the name of the street, and came with a guideline written in Tagalog: “Give according to your means, take according to your need.”
On Facebook, she shared pictures of the cart and people helping themselves to the community pantry’s contents, and encouraged others to set up their own food banks. “You can do it, just don’t expect anything in return,” Non, a visual communications graduate from the University of the Philippines (UP), said in an interview with local media.