Snapping back to normal will hurt

THE PROBLEM with watching the markets is that you get desensitized to its odd behavior.  I am waiting for the oil commodity to recover and it just cannot get past the OPEC countries simply hating each other. 

I like cheap gas, like everyone else, but this commodity is keeping certain emerging countries from recovering.  It also keeps a false sense of daily living.  

Those certain things should be cheap.  Again, I enjoy cheaper airfare and low prices on manufactured goods.  

My position is that every quarter of this goes on is another ounce of pain added to…

Read more: Snapping back to normal will hurt

Cusi, Tugade, others face rough sailing before CA

IN PORTENT of things to come for the appointees of President Rodrigo Duterte, the Commission on Appointments (CA) has refused to give the green light on the appointment of Energy Secretary Alfonso Cusi during his recent appearance before the powerful body.

The move is seen by many political observers as a message to the Malacanang Palace that the body which is composed of senators and congressmen most of whom are aligned with Duterte, will not allow   themselves to be mere rubber stamps of the executive.

Cusi’s appointment was derailed after he failed to provide adequate answers on several questions…

Read more: Cusi, Tugade, others face rough sailing before CA

 PH moves to ratify WTO’s trade deal

DESPITE the obvious aversion of President Rodrigo Duterte to some international groups like the United Nations and the European Union that promote the implementation of an established and efficient world order, the Philippine government is reportedly inching closer to ratifying the new Trade Facilitation Agreement (TFA).

Business analysts say the accord is expected not only to significantly reduce the costs of trading, but will also boost global merchandise exports by up to $1 trillion yearly.

Palace sources said that the re-endorsement of the World Trade Organization’s TFA agreement had already been transmitted by the Department of Foreign Affairs to the…

Read more: PH moves to ratify WTO’s trade deal

PH needs more reforms to maintain bright growth outlook
Birgit Hansl, World Bank’s lead economist

WORLD Bank is confident that the Philippines will remain among East Asia and the Pacific’s fastest-growing economies despite lingering uncertainty abroad and over “the ultimate direction of macroeconomic policy” under the new administration that assumed office last July but more reforms maybe needed to maintain the status.

In its latest Philippine Economic Update report, titled “Outperforming the Region and Managing the Transition,” the WB retained its Philippine gross domestic product (GDP) growth projections of 6.4% for this year.

The figure practically matched forecasts earlier given by the International Monetary Fund and Asian Development Bank.…

Read more: PH needs more reforms to maintain bright growth outlook

Tired of Corruption

REPORTS abound that murder cases are up in the Philippines. Personally, I cannot find any accurate number on cases because data varies from sources to sources.

This gives a feeling of being in 2012 all over again when authorities tried to deliberately downplay the crime situation by reporting only 51,000 cases for crimes against persons which was pretty low for a population of 98 million.  

The very next year it was up 245,821 and then 258,444 for 2014.  Those numbers seemed more realistic.  

Although a lot of numbers are being thrown around, these huge kill numbers still need…

Read more: Tired of Corruption

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