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[B-SIDE Podcast] The pandemic and Philippine debt

[B-SIDE Podcast] The pandemic and Philippine debt  May 24, 2021 | 10:19 am The Philippine government went on a borrowing spree to support its pandemic response and make up for the plummeting revenues at the height of the coronavirus crisis. For 2020 alone, its gross borrowings — which does not include all the payments made during the period — hit P2.74 trillion, matching the P2.757 trillion debt incurred from 2017 to 2019.  In this B-Side episode, Alvin P. Ang, a professor at the economics department of the Ateneo de Manila University, speaks with  BusinessWorld reporter Beatrice M. Laforga about the government’s rising debt and its impact on the economy. 

[B-SIDE Podcast] Pharma, agri, and defense: investing in the Philippines

[B-SIDE Podcast] Pharma, agri, and defense: investing in the Philippines  May 17, 2021 | 10:17 am In this episode of B-Side, PEZA Director General Charito B. Plaza tells  BusinessWorld reporter Jenina P. Ibañez how the investment promotion agency is planning a comeback over the next few years.  TAKEAWAYS  Idle land should be converted into ecozones.  Ms. Plaza said the country should accelerate rural progress by creating economic zones in the countryside. The agency partnered with the Union of Local Authorities of the Philippines to identify areas they could convert into ecozones.  “We based it on the land potential and the resources of the plan. We don’t have to destroy land — if it’s an agricultural land, we call it agro-industrial economic zone. If it’s a fishing ground, we have the aquamarine economic zone,” she said. 

[B-SIDE Podcast] The private sector s role in public health

Companies might be spending on the wrong things when it comes to employee health. “We found that businesses were losing P100 billion annually due to poor employee health. That’s in spite of companies already spending roughly P150 billion taking care of their employees,” said Santiago J. Arnaiz, co-founder and chief operating officer of Project Fort, a health data consultancy.  In this B-Side episode, Mr. Arnaiz (formerly of  BusinessWorld) and Project Fort co-founder and Chief Executive Officer Erika M. Modina tell  BusinessWorld reporter Patricia B. Mirasol how the private sector can contribute to public health with the help of data. “If [companies] are given the right tools to collect data, then they can make evidence-based health strategies that save money and engage employees,” said Ms. Modina. “This is the perfect time to rebuild the health system because people understand its importance.” 

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