Wednesdays with John Mangun: Stay frosty, Philippines

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Cut consumption could ‘cancel’ Christmas

Instead of the usual fare of hamon, quezo de bola, salad, leche flan and other Christmas favorites, some Filipino families may likely swap these for roasted chicken, a simple noodle dish, rice and a no-frills dessert from more affordable ingredients.
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Private sector’s journey amid pandemic marked by fortitude, innovations

AT the same time a small store’s window is flung open in Muntinlupa, a woman crosses a narrow overpass in the eastern part of the metropolis; a bicycle in tow. It’s another day of trudging on against the unknown but with a simple plan: both for Loida, the sari-sari...

Live or die: Libor phase-out leaves local banking sector with lots of work, options

SOME bankers would consider adjustments to the phaseout of Libor less a labor of love, as the end of the 34-year-old financial tool brings additional tasks the sector must undertake. “The most important number in finance will disappear in 2021,” lawyer Russell Stanley Geronimo wrote in an opinion piece...

Recovery requires resolve, rapid release of resources–economists

MOTHER Nature—if President Trump’s “kung-fu” virus allegation is disbelieved—could be a bitch, sometimes. She made that point in 2020. The year had a lot of “should haves” and “could haves,” according to Socioeconomic Planning Secretary Karl Kendrick T. Chua.

Debt burden: How long can the PHL carry that weight?

By Bernadette D. Nicolas and Tyrone Jasper C. Piad FIVE decades since the The Beatles advised people “to carry that weight” in 1969, the Philippines’s debt burden stood at P7.73 trillion ($159.34 billion) as of end-2019. The dollar amount was equivalent to the budget deficit...
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