Editorial

LAWMAKERS should resist increasing the minimum wage to counter the high inflation rate. A legislated minimum wage can be harmful because political factors are likely to sway more votes rather than sound economic principles. Recently, the Senate Committee on Labor, Employment and Human Resources approved in principle a bill for …

For years now, experts have studied drug addiction or substance abuse, especially its causes, but they could not ascertain the exact cause that has afflicted a large section of the population, especially children and young adults. There are two dominant theories on the matter, though.  That drug addiction is either …

ADB Complex ON Wednesday, May 10, Dr. William Easterly, a renowned development economist and a professor at the prestigious New York University, was a guest at the headquarters of the Asian Development Bank (ADB) in Ortigas, where he delivered an enlightening lecture on the topic, “Facing the challenge of donors’ …

The move to extend the estate tax amnesty to 2025 is headed for approval at the House of Representatives, unless some hitches crop up. House Bill No.7909, which seeks to extend the estate tax amnesty period up to June 14, 2025, was passed on second reading on May 9, 2023, …

DURING its leaders’ summit in Indonesia this week, the Association of Southeast Asian Nations (Asean) expressed deep concern about the festering violence in Myanmar, a country that has been in turmoil since the military junta ousted the civilian government more than two years ago. The regional bloc was especially alarmed …

If there is one lesson we learned after the World Health Organization (WHO) has officially declared that Covid-19 is no longer a global health emergency, it is how important a medical infrastructure is to our lives — the barangay health centers, quarantine and vaccination sites, general hospitals, maternity clinics, specialized …

Image Credit: msnagroup.com USERS of the popular digital payment application GCash faced chaos earlier this week when the app suffered a major failure, making it inaccessible to most from Monday afternoon until about midday on Tuesday. The outage, which was not the first for GCash, simply highlights how, despite a …

The 42nd ASEAN Summit in Labuan Bajo, Indonesia this week will focus on several key issues, such as: Strengthening ASEAN institutions, drafting the ASEAN Post-2025 Vision, developments in Myanmar, post-pandemic economic recovery, and strengthening the health architecture in the region. After three successive years in which it was held under …

Photo Credit: Reuters AS has been widely reported, the World Bank Group recently initiated a sweeping program of reforms throughout its organization. One of the areas the Philippines should watch closely is how those reforms are manifested in the World Bank’s private sector arm, the International Finance Corp. (IFC), because …

Finally! With a tweet last May 5, 2023 from the director-general of the UN World Health Organization (WHO) Tedros Adhanom Ghebreyesus, the world can (officially) heave a sigh of relief. He wrote: The Covid-19 Emergency Committee met for the 15th time and recommended to me that I declare an end …