OVER the past few months, a common theme among institutions concerned with combating climate change is that there must be a substantial increase in private sector investment in climate adaptation and mitigation. Public sector resources coursed through various institutions such as the UN-managed climate funds, the World Bank, the Asian …
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Consecutive decline in inflation is the news we are all waiting for
The Philippine Statistics Authority (PSA) recently announced the continuing decline of our country’s inflation rate. This piece of good news could be the giant pendulum that would swing our economy in the right direction. According to the PSA, the “headline inflation rate decreased from 6.6 percent in April to 6.1 …
Read More »Secretary Herbosa and the challenges at DoH
EXACTLY a week ago, President Ferdinand Marcos Jr. announced the appointment of Dr. Teodoro Herbosa as the new head of the Department of Health (DoH), a position that had been left vacant for a year. Dr. Herbosa was the pandemic national task force adviser of former president Rodrigo Duterte. Presidential …
Read More »History and currency: PH comes of age on 125th Independence Day
President Ferdinand R. Marcos’ remarks at the launching of the Bangko Sentral ng Pilipinas’ commemorative coins underline the significance of the 125th Anniversary of Philippine Independence. Citing a country’s currency as a mark of its sovereignty, he applauded the BSP’s adoption of state-of-the art technology in minting the country’s first-ever …
Read More »Protecting Filipino children from online predators
Photo Credit: ohchr.org A RECENT study by Stanford University and the Wall Street Journal revealed that Instagram is the favorite platform of pedophile networks for pandering content showing child sexual abuse. The study found that “large networks of accounts that appear to be operated by minors are openly advertising self-generated …
Read More »World Oceans Day: Humans should be the ocean’s best friend
“The ocean is the foundation of life. It supplies the air we breathe and food we eat. It regulates our climate and weather.” The strong reminder on the major role the oceans have on everyday life was made by United Nations Secretary General Antonio Guterres when he opened the UN …
Read More »Philippines reaches out to mend ties with China
WE support the efforts by the government and private groups to foster bilateral relations between the Philippines and China. China has been upset with the administration’s moves to modernize security cooperation with the United States, including the renewal and expansion of the Enhanced Defense Cooperation Agreement (EDCA). But as President …
Read More »Setting up OFWs to be entrepreneurs
Overseas Filipino Workers (OFWs) are drivers of the economy and for several decades now, the Philippines has looked up to these modern-day heroes for assistance in beefing up the nation’s dollar reserves. Contract workers abroad are some of the better paid Filipino wage earners, and in our consumer-driven economy, they …
Read More »Better rider training is only half the solution
EARLIER this week, state pension fund Government Service Insurance System (GSIS) and the Metropolitan Manila Development Authority (MMDA) announced a partnership to establish a Motorcycle Riding Academy, using part of the GSIS property located along Julia Vargas in Pasig City. The idea is a good start to addressing the persistent …
Read More »BIR on right track
The Bureau of Internal Revenue (BIR) is hitting the ground running. In the first four months of 2023, it surpassed its collection target by ₱14.319 billion. In particular, BIR Commissioner Romeo D. Lumagui Jr. cited the agency’s ₱336.02-billion collection in April, surpassing its goal for the month by ₱35.114 billion. …
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