2021 In Numbers: A Yearender Report
What if the year could be defined by just one economic indicator? Wouldn’t that be something?
What if the year could be defined by just one economic indicator? Wouldn’t that be something?
THE Philippine Stock Exchange (PSE) has a lot to be thankful for this year. For one, it did not have to contend with the extreme volatility in prices that it saw in 2020, which triggered the three-tier circuit breaker a number of times. The circuit-breaker system allows the PSE to halt trading when market prices fall at certain levels.
IT was supposed to be a year marking the start of return to normalcy, or whatever “normalcy” meant. For millions of Filipinos dependent on the economies of padala—it meant return of dollars and more food on the table from the depressing first year of the pandemic.
THE power of choice proved to be very helpful for motorists—public utility vehicle (PUV) drivers in particular—during the 10 consecutive weeks of oil price hikes that started August 31 of this year.
WORKERS may have had the “toughest” time this year as business disruptions brought about by the Covid-19 pandemic continued to plague their livelihood, job security and opportunities.
THE year 2021 was a challenging year for the Department of Environment and Natural Resources (DENR), as the pandemic compounded its difficult role of balancing seemingly conflicting mandates to protect and conserve the environment, while promoting the exploitation of the country’s natural wealth.
When many people think of New Year’s resolutions, they brainstorm ways to improve themselves for the year ahead. What if we expanded those aspirations to include resolutions that benefit our communities, society and the planet, too?
THE telecommunications industry will continue to reap the benefits of the accelerated digital transformation initiatives in the Philippines next year, as evidenced by the sustained rise in demand for connectivity and digital solutions on all fronts—from consumers and businesses to governments.
RIGHT at the onset of Covid-19, the military had accepted the fact that its modernization procurements, especially those involving big-ticket items, would have to be put on hold, if not delayed, as the funds would have to be reallocated for the country’s pandemic response.
THE year 2021 saw a number of major decisions and measures issued by the Supreme Court that were intended to shield the people against what some groups alleged as government-sanctioned killings, red-tagging and other forms of human-rights abuses.
DESCRIBING 2022 as “a crucial year for our country,” leaders of the House of Representatives are one in saying that the economic measures they approved as well as the P5.024-trillion proposed national budget they passed are the key potent weapons government could use to deal with the economic impacts of the Covid-19 pandemic.
THE Philippine Senate spent much of 2021 passing a slew of liberalization reforms pushed by the Executive, but its record in public consciousness was more associated with the riveting inquiries in aid of legislation that it conducted.
WHILE drawbacks are nearly inevitable when it comes to the Covid-19 pandemic response—a similar scenario in other countries during a global health crisis—the Department of Health (DOH) remained unfazed toward the yearend, vowing to do even better in fighting an unseen enemy that has upended entire countries and systems, forever changing the way people live.
THE education sector must face 2022 with greater optimism in anticipation of the end of the pandemic, coupled with the hard lessons learned through it, and guided by the collective vision for a matatag, maginhawa, at panatag na buhay (strongly rooted, comfortable and secure life) in 2040.