Archive for the ‘The Economy’ Category

by Cong B. Corrales HAVE YOU FELT IT? Are you better off today than in the past years? “Unsa man ni nga tuwid nga daan? Nga batsi man diay kaayo (What kind of a righteous path is this? It is so full of potholes),” Lourderico Pedimonte, 37 years...

TAXPAYERS paid P1.86 million on average for every project that was supposedly implemented using the pork barrel or Priority Development Assistance Fund (PDAF) of 21 senators in the 15th Congress from June 2010 to June 2012. What are the most expensive,...

Was it a case of much ado about nothing? At a press conference of its spokesman on Tuesday, the Supreme Court was said to have issued a temporary restraining order barring the Bureau of Treasury from withholding the 20 per cent final tax on interest...

IT TOOK a while for them to take action but economic planners are finally moving to repeal the infamous guidelines on government-private sector joint ventures that exempted some of the former Arroyo administration’s large projects from high-level and...

THERE is no better time to celebrate family gatherings than during the holidays. In the Philippines, it is the most opportune occasion for overseas Filipino workers (OFWs) to come home and reunite with loved ones. A family with one or even two members...

GENERATIONS of Filipinos have grown up amid rallies denouncing the country's constantly ballooning foreign debt. In her eighth and latest State of the Nation Address, however, President Gloria Macapagal-Arroyo boasted that her administration has managed...

IN her State of the Nation Address last week, President Gloria Macapagal-Arroyo reported on the economic gains her administration chalked up in 2007. Her speech, however, ignored the bleak data that government statisticians have collected in the last six...