THE economy will likely experience a boost from all the election-related spending in the run up to the elections, but economists are not confident that these gains would be sustained in the second half of the year. Ateneo Eagle Watch Senior Fellow Leonardo A. Lanzona Jr. told BusinessMirror that traditionally,…
THE Philippines’s trade with China was the most unfavorable as it yielded a trade deficit worth $15.245 billion in 2021, according to the latest data released by the Philippine Statistics Authority (PSA). The amount represented a hefty 35.27 percent of the country’s trade deficit of $43.23 billion for the whole…
THE next administration would not have to raise taxes if it will use its resources efficiently in order to usher in a sustainable and inclusive economic recovery post-pandemic, according to local economists. Former Ateneo Center for Economic Research and Development (ACERD) Director Alvin P. Ang said managing expenditures would be…
CHINA’S struggle to contain the spread of Covid-19 may dent the performance of the Philippines manufacturing and export performance in the coming months, according to local economists. The Chinese government recently implemented what is called a “dynamic clearance” in important trade hubs or large cities like Shanghai to prevent the…
SIMPLER birthdays and even smaller pan de sal may greet Filipino consumers in the next few weeks as wheat prices continue to soar due to the war in Ukraine, one of the country’s top sources of the commodity. Economists said these are just some of the adjustments that could happen…