PH economic growth seen at 5% in 2021; 7.5% in 2022

MANILA – The Philippine economy is seen to have expanded by 5 percent in 2021 and is forecast to grow by 7.5 percent this year, an economist...

Oil sets new record amid rising tension in Mideast, Ukraine

ANKARA — Oil prices surpassed the record high prices that were seen in the shale-induced oil crash in 2014 over geopolitical tensions in the United Arab...

Partnership with French gov’t to ramp up dairy sector

MANILA – Two days after forging a partnership with the French government to boost cooperation in food security, Agriculture Secretary William Dar on Wednesday directed the National...

Gov’t simplifies S-Pass use for local travel

The cost-of-living crisis will put more pressure on shoppers than COVID

COVID drastically changed shopping habits. Lockdowns, isolation and illness led variously to panic buying, a surge in online deliveries, and some impulse purchases. Many households were...

Pandemic disruption to PhD research is bad for society and the economy – but there are solutions

Every year thousands of students enrol in PhD degrees at universities in New Zealand. The government funds their degrees because the advanced knowledge and innovations they...

Inflation will probably melt away in 2022 – central banks will do far more harm trying to tackle it

It remains to be seen whether the omicron variant will shift Sars-CoV-2 towards becoming manageably endemic. But as and when this happens, there will still be...

What Supreme Court’s block of vaccine mandate for large businesses will mean for public health: 4 questions answered

The U.S. Supreme Court on Jan. 13, 2022, blocked the Biden administration’s vaccine-or-test mandate, which applied to virtually all private companies with 100 of more employees....

The metaverse is money and crypto is king – why you’ll be on a blockchain when you’re virtual-world hopping

You may think the metaverse will be a bunch of interconnected virtual spaces – the world wide web but accessed through virtual reality. This is largely...

Global lockdowns, rising cases take toll on PH economy

MANILA – Growth of inflows from overseas Filipino workers (OFWs) will be driven by the recovery of countries from another period of lockdowns as coronavirus disease 2019...