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TO be successful, the first year of the Maharlika Investment Fund (MIF) will have to be spent on forming a “visionary board,” according to former Socioeconomic Planning Secretary Romulo L. Neri. Neri told BusinessMirror that this would have to be done while ensuring “strong financial rigor” and “intellectual discipline” to…
INFRASTRUCTURE projects are facing cost increases and delays due to the impending shortage of construction materials brought by the war in Eastern Europe, according to local economists. University of Asia and the Pacific (UA&P) economist Cid L. Terosa even thinks some projects in the pipeline may not be pursued if…
AS the US dollar continued to appreciate against the peso, local economists warned that the Philippines’s trade deficit could widen further as a stronger greenback leads to more expensive imports. On Monday, Bloomberg reported that the US dollar has appreciated against “every peer” due to the sanctions imposed against Russia.…
What if the year could be defined by just one economic indicator? Wouldn’t that be something? But, as it turned out, it can’t. A woman waits with her brother during a lunchbreak during a nationwide vaccination drive at a school in Navotas on Wednesday, December 1, 2021. There has been…
CLOSING the country’s borders is one of the most immediate courses of action the government must take to prevent the latest Covid-19 variant, Omicron, from reaching Philippine shores, according to local economists. The new variant is a threat, especially with the holidays coming up and more foreigners being allowed to…