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Social watchdogs said the outgoing administration failed to improve the lives of Filipinos despite the strong economic growth posted during President Aquino’s term that averaged above 6 percent yearly.

By Riza Lozada  The continuing neglect of the agriculture sector and the erratic performance of the manufacturing sector are causing concern that the Philippines’s strong economic growth that hit 6.9 percent in the first quarter of 2016 would not be sustained. Prof. Benjamin Diokno of the University of the Philippines School of Economics, said the growth “spurt” during the first …

By Luis Leoncio  Get more professionals and fewer politicians. 

By Jerry Maglunog  A top official of one of the country’s biggest banks has urged the incoming Duterte administration to scrap its predecessor’s failed public-private partnership (PPP) program and start building much-needed infrastructure on its own, using its own funds. 

By Luis Leoncio As the Senate ended its probe last week into the money-laundering case involving the $81 million that hackers stole from Bangladesh Bank (BB), the central bank of that country, Bangladesh officials kept up their demands for the return of the money. 

From bad to good to better seems to best describe the business sector’s perception of presumptive President Rodrigo Duterte as he continues to announce controversial policy plans that include the integration of communist rebels into his Cabinet. 

The eight-point economic agenda presented by the camp of presumptive President Rodrigo Duterte, and the names of the personalities who would be part of his Cabinet, appear to have quickly soothed anxieties in the business sector. 

Credit-rating firms are keeping a wait-and-see attitude on the administration of presumptive President Rodrigo Duterte, the tough-talking former Davao City mayor whose lead over his rivals in the last presidential election appears to have become insurmountable. Although the official results have yet to be announced, all of his rivals, with the exception of Sen. Miriam Defensor-Santiago, have conceded defeat But …

By Riza Lozada  Presumptive President Rodrigo Duterte will receive full cooperation from the business sector in his programs addressing poverty alleviation, high unemployment, inadequate infrastructure and preparedness on risks and disasters, the Philippine Chamber of Commerce and Industry (PCCI), the country’s biggest trade group, said. 

By Luis Leoncio Small and medium enterprises (SMEs) are the key drivers of growth among economies of Association of Southeast Asian Nations (Asean) members, but experts say these remain one of the region’s untapped resources.