Sri Lanka, once recognised as a very open economy, has seen trade dynamics shift since 2004. We are now reaping the repercussions of excessive protectionism, which supported the narrative of 'self-sufficiency' when the globe actually moved away from self-sufficiency and toward interdependence. As to the Fraser Institute's Economic Freedom of…
The Philippine Statistics Authority said 40 percent of Filipino households depend on liquefied petroleum gas (LPG) for their daily cooking needs. These families are the potential victims of unsafe LPG tanks being sold by unscrupulous LPG suppliers. For example, if they happen to buy imported LPG tanks that are made…
The debt relief reiterated by China to Sri Lanka last week still falls short of overall burden on the latter, according to analysts. China's Foreign Ministry Spokesperson Mao Ning's during the regular briefing on Friday reiterated the announcement by Export-Import Bank of China on 19 January. As the official bilateral…
Top officials of the University of the Philippines (UP) yesterday questioned the lack of police coordination in Monday's arrest of Filipino professor and unionist Melania Flores. UP Diliman chancellor Fidel Nemenzo said the professor's arrest at her home in the university's premises was a 'brazen disregard' of the 1992 agreement…
Up to 232 suspected cases of hand, foot and mouth disease (HFMD) among students in Davao City have been recorded, according to the Department of Education (DepEd). Dr. Ritchelle Aresco, medical officer of DepEd- Davao City health and nutrition section, said two teaching and non-teaching personnel were also suspected to…
A construction worker died while his co-worker was injured when a landslide occurred in Mataasnakahoy town on Monday afternoon, police said. Elmerto Tiosan and Mario Valencia were digging a drainage system in a vacant lot in Barangay Bubuyan when the soil collapsed. Tiosan was buried in the landslide and died…
WITH the changing of the guards at the Subdivision and Housing Developers Association (SHDA), the organization also has laid out its thrusts for a fresh start this year. 'We begin 2023 with SHDA being well positioned for significant growth,' said Arlene Keh, who has been elected as chairman of the…
Century Nuliv Townvillas at Acqua, Century Properties' maiden project under its recently launched upscale real-estate brand Century Nuliv recently held its groundbreaking ceremony. The ceremony was led by Century Nuliv President Monica L. Trajano, CPG Sales Operations Management Group Head Malvin C. Landicho, CPG Design Manager Arch. Jennifer S. Maglaqui,…
The Philippine Statistics Authority (PSA) released last month a report on the country's crops production from 2017 to 2021, which indicated that palay production rose by an average annual rate of 0.9 percent. From 19.28 million metric tons in 2017, production expanded to 19.96 MMT in 2021. During the five-year…
To develop and enhance economic inclusivity in the country, the government must push for the development of areas outside Metro Manila. 'Development of more integrated communities within and outside Metro Manila, Colliers also encourages developers to assess the viability of launching more master-planned communities to take advantage of the government's…