Of profit sharing and legislated wage increases

Former Philippine Internal Revenue Commissioner Emil Ong and his deputy, Ronald Cosalan, must be a couple of very brave congressmen.   In one sitting…

Energy roadmap

Philippine Chamber of Commerce and Industry (PCCI) energy committee chairman Jose Alejandro recently told his members they will push for the drawing up of…

Doubling exports by 2016 a big challenge

With only revenues for the month of December unaccounted for, the Philippines is expected to set a new record of $52-$53 billion in merchandise…

Nature’s Wrath

A newsman once commented that when national disasters hit the Philippines, we now count our dead in the thousands, not in hundreds; destroyed properties…

The Peso’s Rampage

The coalition of dollar earners and their allies were meeting at the Philippine Exporters Confederation, Inc. boardroom last Wednesday when the peso-dollar rate hit…

Rush to ASEAN 2015

By January 2015, the free flow of goods, investments and citizens in the ASEAN community and its five other economic bloc partners under AFTA…

PHILEXPORT celebrates 20 years

Twenty years ago this month, leaders of two distinct and independent organizations of exporters came together and decided to unify into one umbrella organization.…

Manual processing or smuggling?

The electronic processing of import papers was adopted by the Bureau of Customs long before its present chief, Commissioner Rufino Biazon, was appointed by…

A myth on OFW remittances

Whenever Bangko Sentral ng Pilipinas (BSP) announced hefty increases in OFW remittances, its spokesmen sounded so upbeat, at times, even euphoric. The figures have…

Paperless imports and exports

The Bureau of Customs’ (BOC) automation projects, namely the electronic-to-mobile (e2m) and National Single Window (NSW), are indeed a welcome change.   By electronically…

Strong peso keeps a nation poor

International banker and economist Victor Barrios recently drafted a paper arguing that a strong peso has kept the Philippines poor, its people poorer and…

Poison in Food

Whether we like it or not, the Philippines is now under extreme pressure to comply with global quality, safety, health and even environment standards…

Shedding Our Smallness

TAKING pride in our smallness — like blowing our horns for having the smallest fish, smallest monkey and smallest deer — has no place…

Political Will on Display

President Benigno Aquino III displayed rare political will last Labor Day when he rejected outright the demand of labor federations led by the Trade…

ASEAN: A Single, Huge Market By 2015

The ten-member Association of Southeast Asian Nations (ASEAN) has set 2015 as the target for creating a single regional economic market known as the…

Upbeat On Export Growth

The year just past was a bad one for Philippine exports, pulled down chiefly by a quick retreat in electronics products, although most other…

PPP No Longer Means Powerpoint Presentation

Critics have made a joke of the much vaunted flagship public works program of the Aquino administration called Public-Private-Partnership or PPP. The program did…

High Shipping Cost: A 30-Year Issue

Philippine Chamber of Commerce and Industry mainstay Donald Dee says he and other leaders of the country’s biggest business organization have been making noise…

Infra, Infra, Infra

It has not been adopted yet as one of the mantras of the Aquino administration. But we hope it will soon be elevated to…

Reviving Industry and Manufacturing

We first heard the phrase “SM Economy” used by prominent economist Dr. Benjamin Diokno to describe what the Philippine economy has become, one that…