50 emerging technologies will drive global economy in near future

 

By Rose de la Cruz

 

A business consulting firm, Frost & Sullivan, projected that 50 emerging technologies will drive the global economy in the near future. These are classified under health & wellness, ICT, medical devices and imaging, energy, environment, advance manufacturing and automation, chemicals, micro-electronics and sensors and instrumentation.

 

Also, the “Hype Cycle for Emerging Technologies” reported that in the next 5 to 10 years, there will be three leading trends—artificial intelligence, immersive experiences, and digital platforms.

 

While technology offers promising opportunities, jobs are threatened in emerging and developing countries where access to technology is…

Read more: 50 emerging technologies will drive global economy in near future

Spreading growth outside metropolis will reduce traffic

 

By Rose de la Cruz 

The National Spatial Strategy, spelled out under the Philippine Development Plan 2017-2022, is designed to spread development outside the metropolis in order to reduce traffic, 

This was elaborated on by Undersecretary for Regional Development Adoracion Navarro of the National Economic and Development Authority during a speech before high school students and teachers attending the 14th National Youth Congress. 

 “The National Spatial Strategy is, among others, a traffic reduction strategy. By creating economic opportunities in areas outside the metropolis, we are able to reduce the traffic,” Navarro said. 

The PDP 2017- 2022 is the…

Read more: Spreading growth outside metropolis will reduce traffic

Junkies on the road

A man sends a text message to his wife: “Darling, I was in a terrible car accident. Dina brought to the hospital. The doctors say I’ve got a broken rib, fractured skull, wounds requiring stitches, broken leg that they say I might not be able to walk for a long time.” The wife texted back: “Who the shi… is Dina?”

This anecdote is likened to how our government reacts to accidents on our road. In the last few months, big cargo trucks figure in major smash-ups in our roads resulting in multiple deaths.    

 

Why Were…

Read more: Junkies on the road

BSP gives lower risk weight for MSMEs

 

By Rose de la Cruz

 

To ensure the growth of micro small and medium enterprises (MSMEs), the Bangko Sentral ng Pilipinas, through its policy-making body, the Monetary Board, approved the amendments to the risk-based capital adequacy framework for banks by assigning a lower risk weight of 20 percent on performing loans to MSMEs to the extent guaranteed by a qualified Credit Surety Fund (CSF) Cooperative.

 

A qualified CSF Cooperative refers to a cooperative that is organized consistent with the provisions of the Republic Act (R.A.) No. 10744 (Credit Surety Fund Cooperative Act of 2015) and its Implementing…

Read more: BSP gives lower risk weight for MSMEs

Something smells fishy on DepEd’s P14-B biddings?

By Chito Junia

It could have been just a case of lapse in judgment if it happened once. 

However, if it happened twice in a row, this might already be a policy issue. 

This observation came out after reports emanating from the Department of Education (DepEd) indicated that two companies have managed to participate in recent DepEd biddings despite their dubious and questionable records.

 

Compliance Issues

It was gathered that one of the companies joined in DepEd’s recent bidding for the supply of over P4 -B worth of science laboratory equipment, while the other firm participated in…

Read more: Something smells fishy on DepEd’s P14-B biddings?

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