Estimates from the National Economic and Development Authority show that damage to property, agriculture, infrastructure and overall productivity loss from the onslaught of Typhoon Ondoy will further errode an already weak Philippine economy.
The performance of an economy is measured by Gross Domestic Product, or GDP.
“Using the latest available figures from the National Disaster Coordinating [...]
Entries from September 2009
September 29, 2009
Typhoon Ondoy wreaks havoc on RP economy too
September 25, 2009
Happy Birthday, Guinness!!!!
In 1759, Sir Arthur Guinness discovered a formula for a stout beer with a distinct bittersweet-burnt flavor. That beer is what is now known as Guinness.
Today, Guinness is celebrating its 250th birthday. It is one of the world’s best-selling and most enduring beer brands. It is one of the trademarks of Ireland, and has produced [...]
September 25, 2009
RP Economy: Still Sluggish
The Philippines’ latest import data for July 2009 shows that the country’s economy remains sluggish–and will likely stay this way until next year.
Imports are a vital indicator of economic performance. More imports mean that manufacturers are likely to increase production–therefore, exports and other industries are bullish. Bullish businesses mean that businessmen and investors will likely [...]
September 22, 2009
Self-censorship on Facebook
The advent of digital media and social networking sites was a boon for many. It liberalized what used be control of opinions and flow of information and created thousands, if not milli0ns, of empowered citizen journalists.
Studies have shown that it took less than five years for the internet and social networking sites such as Facebook [...]
September 17, 2009
Sanchez vs Cruz (from my perspective)
I had been awaiting a response from my former Journalism professor, Danny Arao, about comments posted by a journalist versus a well-known news anchor on Facebook, when I got a shock reading Alcuin Papa’s story on the Philippine Daily Inquirer. The headline read, “Newsroom war on at TV network. “(http://showbizandstyle.inquirer.net/entertainment/entertainment/view/20090916-225546/Newsroom-war-on-at-TV-network)
I guess that was my answer.
It [...]