Editorial

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IN view of the results of Malaysia’s general election this week, it is not unkind to say that the outcome was a pleasant surprise, and provided a fine example of how to practice democracy on a large scale. Despite fears beforehand that the contentious election could be tainted by fraud…

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The announcement by the Philippine Statistics Authority on Thursday that the local economy grew faster at 6.8 percent in the first three months of 2018 is very positive news for the country. The growth acceleration from 6.5 percent both in the comparative year-earlier period and the fourth quarter of 2017…

EDITORIAL

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IN a development that should have been given more attention, the National Housing Authority (NHA) on Tuesday took welcome steps to begin cleaning up the poor results and damaged reputation the agency has been associated with over the past several years. The NHA announced it had terminated contracts for no…

EDITORIAL

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Of corruption, impropriety or mistaken calls TWO Duterte Cabinet members have figured prominently in the latest controversies surrounding their respective government departments. Wanda Tulfo-Teo, a former tour operator plucked out of Davao City to become tourism secretary, was embroiled in a scandal involving the Department of Tourism’s hefty P60 million…

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President Rodrigo Duterte’s admission that he reads the book, “Economics for Dummies,” is quite candidly funny. It should be placed alongside his other revelations and musings, namely, that he flunked his economics subject in college, that he got a poor grade in accounting statistics, or that he was generally content…

EDITORIAL

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At the rate Department of Tourism officials are being called out or indicted for questionable practices and misconduct, we believe the time has come for a sweeping review of the mission and leadership of this vital government department. The reasons that impel us to counsel this are: First, the public…

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NOW for a piece of good news: the latest quarterly survey of the Social Weather Stations (SWS) showed that nearly 60 percent of Filipino families are already considered “non-poor,” a significant improvement from just 48 percent in December 2014. Conversely, the proportion of families considering themselves poor has fallen to…

EDITORIAL

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INFLATION reached 4.5 percent in April, the Philippine Statistics Authority reported on Friday. The increase in consumer prices accelerated from the 4.3 percent inflation rate recorded in March, and was significantly higher than the 3.2 percent inflation rate a year earlier. April’s inflation rate was in fact the highest in…

EDITORIAL

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WITH little fanfare and without grandiose statements, Kuwait and the Philippines have significantly and quickly commenced the process of mending the diplomatic friction between them by starting to talk and exchange ideas. This is the significance we attach to the news from Kuwait that a meeting was held Thursday between…

EDITORIAL

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THE announcement by Bangko Sentral ng Pilipinas (BSP) Gov. Nestor Espenilla on Monday that central bank considers linking its relatively new electronic payments system with others in the Asean region an “interesting prospect” is welcome news, and a potential boon to Filipino businesses and individuals. The BSP oversees the National…

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