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 Tagged as ‘Uncategorized’
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 [...]
August 13, 2009
Statement of NEDA Dir Gen and Socio Economic Planning Sec Ralph Recto
In the interest of fairness, I am posting in full the statement of Ralph Recto, from his press conference on 12 August 2009:
STATEMENT OF SOCIOECONOMIC PLANNING SECRETARY RALPH G. RECTO ON HISRESIGNATION
August 12, 2009
Good afternoon to all of you, ladies and gentlemen. More than a month ago, I tendered my official resignationas Director General of [...]
August 11, 2009
Ko-Recto No More?!?!
A cryptic statement from NEDA:
RECTO RESIGNS AS SOCIOECONOMICPLANNING SECRETARY
AND NEDA DIRECTOR-GENERAL
Socioeconomic Planning SecretaryRalph G. Recto announced today his resignation from the National Economicand Development Authority effective Aug. 16 “to explore elective opportunities”. Recto assumed his post as socioeconomic planning secretary and NEDA Director-Generalon July 28, 2008.
As NEDA chief, Recto helped craftand monitor the government’s [...]
August 6, 2009
Freaky sideshow during PCCA’s funeral
I came across this post from Happy Feraren. While I don’t know Happy personally, we have some common friends. So thanks to the magic of Facebook, many are spreading Happy’s post. Read on:
Shame on your Jamby Madrigal by Happy Feraren
Now that we’ve remembered, relived and recreated the spirit of ’86 let’s make sure this yellow [...]
August 3, 2009
Much ado about Cory Aquino
As I traversed (more accurately crawled) through the traffic in Makati this morning, I felt a sense of deja vu–Ayala Avenue was littered with yellow ribbons, banners and people wanting one last glimpse of a woman who had such as impact on the lives of every Filipino–Cory Aquino.
I found this article written by Maggie Fox [...]
July 2, 2009
Freedom and Responsibility
Some jackass lunatics out there seem to think that the world wide web is the ultimate freedom–and that includes the freedom to slander and destroy.
Without a doubt, digital media is a wonderful thing–it’s made so many things so much easier. Blogging has empowered millions of people to share their views, comments, ideas and opinions to [...]