LOCAL economists are proposing a number of measures, including going after smugglers and hoarders as well as raising real wages, to rein in inflation and stimulate the economy this year. In an email to BusinessMirror, former Dean of the University of the Philippines School of Labor and Industrial Relations (Solair)…
BUILDING on the gains of the Duterte administration would be the key to growing the economy in the medium term, according to the National Economic and Development Authority (Neda). In a televised briefing on Wednesday, Neda Undersecretary Rosemarie G. Edillon said the next administration should not look back and continue…
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…
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…
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…