Thursday, January 20, 2022
Pope Francis donates P5.8M to Odette victims
Pope Francis has donated EUR 100,000 (around Php 5.8M) to the victims of Typhoon Odette (international name: Rai) in Visayas, Mindanao and Palawan Island. In a statement, the Holy See Press…
Opinion
Kudos to the world’s best central banker
The Banker, an international monthly banking, finance, and business magazine owned by the Financial Times, recently named Bangko Sentral ng Pilipinas Governor Benjamin Diokno as “Global Central Banker of the Year 2022” in recognition of his efforts to help stimulate economic recovery and growth for the Philippines amid the Covid-19 crisis. The BSP governor’s recognition as the…
The window to public thought
Joseph Overton was a senior vice president of the Mackinac Center for Public Policy and is known for conceiving the idea in the 1990s—posthumously called the Overton Window—classifying the range of policies politically acceptable to the mainstream public at a given time. “Politically acceptable” moves from “Unthinkable” to “Policy” with a window including “Acceptable” and “Sensible” where…
Where do we begin?: Part I
After over 20 months “maneuvering” through this pandemic that persists, I remember feeling quite hopeful when Metro Manila was placed under Alert Level 2 early November. Most people were vaccinated. People had more freedom moving around the city. And as we approached Christmas last December, everyone looked forward to finally seeing family and friends, visiting malls and…
Editorial Cartoon January 19, 2022
Image credits: Jimbo Albano Jimbo Albano
Best way to solve malnutrition problem
The number of Filipinos dying of malnutrition hit a record in January to October 2021, according to the latest data released by the Philippine Statistics Authority (See, “10-month malnutrition deaths soar 40% in 2021, record high,” in the BusinessMirror, January 17, 2022). The statistics agency said 4,844 Filipinos died in the 10-month period compared to 3,514 fatalities in the same period…
‘Mangkukulam’ and libel
Lilia Cuntapay, dubbed “Queen of Philippine Horror Movies,” was especially mentioned in a mangkukulam story during one of our Mandatory Continuing Legal Education (MCLE) lectures. With her long white hair and scary old lady appearance, our lecturer cited Cuntapay in describing one of the parties involved in a legal case where the accused called the complainant…
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Contagion boosts rise of ‘influencers’ in consumer marketing
Whether by a mere accident or a providential act, the pandemic has opened new paradigms and approaches in doing business in the so-called new normal. Blogapalooza Inc. chief executive officer Hazel Bernadette Gapuz told the BusinessMirror in an online interview that the pandemic made…
Executive Views
Pfizer chief Albert Bourla wins $1-million Genesis Prize
Albert Bourla, chairman and chief executive of global pharmaceutical giant Pfizer Inc., was awarded on Wednesday the prestigious Genesis Prize for his efforts in leading the development of a COVID-19 vaccine. The $1-million award is granted each year to a person for their professional…
Nation
DOH records 492 Omicron variant cases on Wednesday
The Department of Health (DOH) recorded on Wednesday additional of 492 Omicron (B.1.1.529) variant cases, of which, 332 were local cases, 115 Delta (B.1.617.2) variant cases, and one Alpha (B.1.1.7) in the latest batch of whole genome sequencing done last January 13-14, 2022. There were two…
World
5G rollout disrupts inbound US flights from around the world
Airlines around the world are adjusting their schedules and aircraft deployments for flights to the US over fears that a 5G rollout by AT&T Inc. and Verizon Communications Inc. near American airports could interfere with key safety systems. Dubai’s Emirates Airline said it will…
Economy
Sports
Barty, Nadal on track
MELBOURNE, Australia—Ash Barty was front and center when the Australian Open celebrated its inaugural First Nations Day. Albeit not for very long. The top-ranked Barty has Indigenous heritage and her second-round match at Melbourne Park’s main stadium on Wednesday was among the features of a…
Life
Property sector to ‘roar’ in 2022
The year of the Tiger will see the local property sector roaring and regaining its lofty stature, according to property analysts. Citing data from First Metro Securities Brokerage Corp., Claro Cordero Jr., director and head of research, consulting and advisory services, Cushman and Wakefield told the BusinessMirror the next 12 to 24 months will bring good…
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Y2Z
New study: Here’s where (and how) you are most likely to catch COVID
Two years into the pandemic, most of us are fed up. Covid case rates are higher than they’ve ever been and hospitalization rates are once again rising rapidly in many countries. Against this bleak picture, we yearn to get back to normal. We’d like to meet friends in a pub or have them over…
Molecular biologist explains the difference between a PCR and antigen Covid-19 test
Two major types of tests are used to diagnose infection with SARS-CoV-2: molecular tests—better known as PCR tests—and antigen tests. Each detects a different part of the virus, and how it works influences the test’s speed and relative accuracy. What are the differences between these types…
The best way to follow through on New Year’s resolution? Make an ‘old year’s resolution’
If you’ve made a New Year’s resolution, your plot for self-improvement probably kicks into gear some time on January 1, when the hangover wears off and the quest for the “new you” begins in earnest. But if research on habit change is any indication, only about half of New Year’s resolutions…
Young Filipinos planned for more holiday shopping in 2021
Filipino Gen Zers were intent on spending more over the recent holiday season than in 2020, displaying the strongest inclination among other age groups, a nationwide study reveals. According to a survey by Synergy Market Research, through its partner UK’s YouGov, an international research…
What day is it? How the holidays warp our sense of time
By Adam Osth / The University of Melbourne The holidays are here. You may have been navigating crowded parking lots in the heat, shuffling from one holiday party to the next, not to mention trying to avoid recently arrived relatives. Amid this chaos, you might experience time a bit…
The five best books of 2021, according to Asia’s richest man
Bloomberg New Economy asked Reliance Industries Ltd.’s Mukesh Ambani which books helped him make sense of 2021 and are preparing him for 2022. Stuff your stockings with these recommendations from Asia’s richest man. Ten Lessons for a Post-Pandemic World by Fareed Zakaria Fareed captures…
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The Broader Look
Village people’s zest won’t let Covid stop the music of business
IT can be felt humming with the wind moving through calamansi trees dotting this northern farming village: the spirit of entrepreneurship. The buzzing of business, clamped down for two months by fear and anxiety, has exploded; its zest epitomized by two women: 52-year-old beauty salon owner…
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