First Quarter 7.8% annual growth in Ph economy: The Bottom Line

Reports of economic growth in the Philippines as measured by its Gross Domestic Product (GDP) reaching an annualised 7.8 percent in the first quarter of the year is sending waves of optimism rippling across Philippine society. One of the centrepieces of the newly-booming economy put up by recent reports on this economic phenomenon such as […]

Fitch Ratings upgrade: Will the Philippines’ new ‘investment grade’ status spell good times ahead?

In John Landis’s 1983 hit movie Trading Places, Billy Ray Valentine, a bum and hustler played by Eddie Murphy is picked up from the streets, cleaned up and dressed in an expensive business suit as part of an experiment instigated by wealthy brothers Randolph Duke and Mortimer Duke. The made-over Valentine is then set up […]

Philippine Economy blah-blah at the start of Year 2013

So the economy is in the limelight again. Hmmmm…. What to say about the Philippine economy… hmmmm. What makes talking about the economy easy is that one need just highlight the same things again — that the Philippine economy is nothing more than an illusion propped up by “commercial activity” brought about by the flow […]

Why holiday economics makes good qualitative sense

The Philippine calendar has quite a few holidays marked on it every year. We have regular holidays and special non-working days, all of which you can view here. Of particular interest this year 2012 is August, because aside from Ninoy Aquino Day and National Heroes Day the end of Ramadan (Eid Al-Fitr) is expected to […]