EMILIA was my grandmother on the mother’s side. When she was still alive, she would share with us what she could read in nature—in the plants and animals around us. She would look at the sky and clouds, and would tell us if the next day would be one of rains or storm.
Tuesdays with Tito: Emilia’s universe of the End of the World
From an admonishment to stay alert and on one’s toes, the phrase has evolved to include being prepared, calm, ready for action, and on edge for anything that might come your way. The Philippines needs to be on “stay frosty” mode and to do that now.
By Samuel P. Medenilla, Cai U. Ordinario & Tyrone Jasper C. Piad OVERSEAS Filipino workers (OFWs) are considered modern-day heroes because they save the economy more than once by sending hard-earned cash back to the Philippines, boosting liquidity and consumption. As host...
How does one fight an isolationist virus unseen by the naked eye? Use an equally invisible tool: bandwidth. With state control on people’s mobility, accessing online platforms to accomplish mundane tasks—like working and shopping—became the better option than risking exposure to a virus health authorities say are passed in people-to-people interaction. These tasks include banking and managing finances with the help of mobile applications, or apps, and financial technology, or fintech.
On Tuesday morning, March 3, the US Federal Reserve met in “emergency session,” which is outside of the normally scheduled Federal Open Market Committee (FOMC) meetings. The Fed reduced its benchmark interest rate by 0.50 percent. This policy change was “aimed at shielding the US economy from disruptions caused by the global spread of COVID-19.”
The indefatigable spirit of the intrepid Filipino has always driven many bright minds to offer what little hope there is; a solace for taking up the journey from the vicissitudes the coronavirus disease 2019 (Covid-19) pandemic has wrought.
LOCAL economists and analysts are not optimistic about the country’s economic outlook given the extent of the Covid-19 pandemic. Economists see the virus eating away whatever gains the economy has had in the past decade. Some are even talking about the dreaded “R” word—recession, or...
Having previously talked about it for months, the economic chaos cycle is beginning to bite. Well, you might say, there would not be any economic crisis if not for the “black swan” event of the COVID-19.
Monday Market Talk, a BusinessMirror podcast on the Philippine stock market, is based on the Stock Market Outlook story that comes out in the print edition and online version every Monday under the Companies section of the BusinessMirror.