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Economic outlook worsens
The global economic situation has turned for the worse. The world’s economic growth will slow down this year. This year, more people will be hungry or hungrier, and more will be poor and poorer still. […]
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Clear signs of recovery but Ukraine war clouds global trade, investment, commodities price outlook
The BSP remains committed to its mandate of maintaining price and financial stability, and a safe, efficient, and inclusive payments and settlements system. Gov. Diokno By Governor Benjamin E. Diokno Bangko Sentral ng Pilipinas […]
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The Ship of State has been masterfully steered
By Finance Secretary Carlos G. Dominguez (Presented during the Philippine Economic Briefing (PEB) held at the Philippine International Convention Center (PICC) in Pasay City, April 5, 2022.) My fellow colleagues in the Cabinet led by […]
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Irreversible
By Antonio S. Lopez At this writing, April 1, 2022, it is one month and eight days before the May 9, 2022 presidential elections. Campaigning is allowed until May 7 only. That means just 30 […]
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Impact on PH oil supply and price situation
• Global oil supply remains exceptionally tight. The International Energy Agency reported that there is an “OPEC Plus” production shortage of around one million barrels-per day (bpd) at the beginning of the year, and despite […]
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The military for BBM
By Antonio S. Lopez A first in Philippine history, more than 123 ranking former officers of the Armed Forces of the Philippines, the Philippine National Police, and nearly all the country’s 14 living Medal of […]
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Oil shock, food shock
Of the 100 points of the consumer price index (CPI), which is used to measure inflation or the rate of movement in prices, 38.98 is eaten up by food, 22.47 by utilities (housing, water, electricity, […]
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SMC builds a bank
Profits could double in two years By Antonio S. Lopez San Miguel Corp. President Ramon S. Ang is building a new financial behemoth to backstop the diversified conglomerate’s vast operations and fund future growth. SMC […]