Consumer spending likely increased in the fourth quarter, as Filipinos spent more during the holiday season. — PHILIPPINE STAR/MICHAEL VARCAS By Beatrice M. Laforga, Reporter THE Philippines’ gross domestic product (GDP) likely contracted slower in the fourth quarter due to a pickup in economic activity as lockdown restrictions were further […]
GDP likely contracted by 8.5% in Q4
Consumer spending likely increased in the fourth quarter, as Filipinos spent more during the holiday season. — PHILIPPINE STAR/MICHAEL VARCAS By Beatrice M. Laforga, Reporter THE Philippines’ gross domestic product (GDP) likely contracted slower in the fourth quarter due to a pickup in economic activity as lockdown restrictions were further […]
Peso to climb before US Fed policy meeting
THE PESO is likely to strengthen versus the dollar this week on expectations that the US Federal Reserve will keep rates low to support the world’s largest economy. The local unit finished trading at P48.085 per dollar on Friday, shedding 3.1 centavos from its Thursday close of P48.054. It also […]
Infra spending key to jobs, says think tank
By Kyle Aristophere T. Atienza JOB CREATION this year will depend largely on how efficient the government is in administering its infrastructure program, with underspending cited as a key risk, according to an infrastructure think tank. “The Duterte government should do what it can to deliver on its 2021 infrastructure […]
‘Cha-cha’ at this time is a waste of time
We just cannot party and dance the Cha-cha (Charter Change) when many are getting sick or dying. The current mood is not celebratory; it’s funereal. Cha-cha is simply dissonant. Besides, the tremendous energy that Cha-cha entails is better spent to protect our lives from COVID-19. Yet, the congressmen, led by […]
Don’t talk on the subway, say French doctors, to limit COVID-19 spread
PARIS — Passengers on public transport systems should avoid talking to one another or on the phone in order to minimize the risk of spreading coronavirus, the French National Academy of Medicine said. “The mandatory wearing of masks on public transport, where social distancing is not possible, should by accompanied […]
Don’t talk on the subway, say French doctors, to limit COVID-19 spread
PARIS — Passengers on public transport systems should avoid talking to one another or on the phone in order to minimize the risk of spreading coronavirus, the French National Academy of Medicine said. “The mandatory wearing of masks on public transport, where social distancing is not possible, should by accompanied […]