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Monday, March 31, 2008

 

EDITORIAL

Dangerous reversals

Editorial Cartoon

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THE reversal in the Philippines’ external trade to a deficit in the first month this year from a surplus last year underscores the country’s susceptibility to global commodity price swings at a very bad time for the domestic economy.

Last January, the country incurred a trade deficit, as it paid more for imports than it earned from the sale of goods abroad. Rising imports historically has been a sign of an expanding economy, as the country buys from abroad the bulk of materials it processes into goods meant for both the local and export markets.

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O T H E R   C O L U M N S  A N D  F E A T U R E S

 

BIG DEAL
By Dan Mariano

MOST people know Robert “Obet” Verzola as a University of the Philippines engineer who pioneered information technology in this country in the 1970s.

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OPEN NOTEBOOK
By Random Jottings

JUST when you thought that the controversies that mercilessly (and well deservedly) hounded review centers in the wake of the shocking cheating saga of the nursing examinations of a few short years back...

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ENTHUSIASMS & FOREBODINGS
By Rene Q. Bas

Actually, I had a heavy heart writing that column. Some of the economists responsible for our economic policy since the late 60s to the present are close friends of mine.

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INSIDE CONGRESS
By Efren L. Danao

SENATORS and congressmen have been expressing their concern over the spiraling price of rice, now at its highest in the last 34 years. They are all championing the cause of consumers,...

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DOUBLE TAKE
By Eric F. Mallonga

TIBETANS profess near-universal devotion to the Dalai Lama, their exiled spiritual leader, whom the communist Chinese government has long vilified as separatist.

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Severino O. Frayna Jr., Benjie Dela Rosa
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