AFTER numerous failed attempts to attract a qualified buyer, the Power Sector Assets and Liabilities Management Corp. (Psalm) has finally managed to sell one of the bigger unproductive government assets under its control, the 650-megawatt (MW) Malaya thermal plant located in Pililla, Rizal. Not only does the sale of the plant help to resolve some […]
First word IN a research paper published in April, Douglas W. Allen, an economics professor in Canada, has uncovered the hard truths about the coronavirus pandemic and the lockdown policy most countries have adopted against it. He reached his conclusions after examining over 80 papers on the effects of lockdowns implemented worldwide by governments in […]
IT was indeed shocking, to say the least. The comments were pure and unadulterated racism emanating from Filipinos who were reacting to Miss Universe Canada Nova Stevens’ blackness. The remarks are simply too painful and embarrassing to even repeat in this space for they are clear evidence of sheer bigotry and malicious ignorance. What makes […]
THE usual consideration for real estate is location, location, location. Today, more importantly, is accessibility, accessibility, accessibility, and mobility, mobility, mobility! For me, there are seven kinds of infrastructure. The first is progressive infrastructure that includes international airports and seaports. Living in an archipelagic country, we strongly rely on our airports to connect us to […]
First of 2 parts FIRST, the wrong way: joining hands with the United States in confronting China through maritime patrols, anti-Beijing advocacy and most dangerously, the rotation of massive US forces in our country with access to Philippine military bases under the 2014 Enhanced Defense Cooperation Agreement, or EDCA. President Rodrigo Duterte has wisely stopped […]
First of 2 parts THE Philippines is the only country in the world today which outlaws absolute divorce, aside from the almost celibate Vatican city state. It is hard to believe that all the other countries collectively erred in instituting absolute divorce in varying degrees of liberality and limitations. An en masse blunder is beyond […]
A FULL year before the national elections, I gently reflect on my own assessment on what qualities I want the next set of leaders of our country to have. My baseline method of measurement is always “the five things rule.” My five things are neither the usual “three things easy to remember” or the “ten […]
Fitch Solutions on Wednesday downgraded its 2021 Philippine economic growth projection to 5.3 percent from 5.8 percent as the coronavirus disease 2019 (Covid-19) pandemic continues to hamper businesses. “The Philippines economy will struggle to recover amid its continued struggles containing the Covid-19 pandemic and normalizing economic activity. In particular, domestic activity will rebound slower as […]
The key interest rates of the Bangko Sentral ng Pilipinas (BSP) were maintained at their record lows on Thursday as monetary authorities project the average inflation returning within target this year. Overnight borrowing, lending and deposit rates were retained at 2.00 percent, 1.50 percent and 2.50 percent, respectively, following the central bank’s policymaking Monetary Board’s […]
SINCE 1981, the relations between the State of Qatar and the Republic of the Philippines have been characterized by a convergence of views on many international issues, where relations, continue ahead by the common will and mutual concern, proceed in the right direction and develop day by day toward the highest levels of cooperation and […]
SIXTEEN candidates from the judiciary, academe and practicing lawyers are vying for the lone vacancy in the Supreme Court (SC). This after the Judicial and Bar Council (JBC) started its search for the next associate justice after Alexander Gesmundo was named chief justice. Gesmundo succeeded Diosdado Peralta who availed of optional retirement. Deadline for application […]
TAAL volcano has been in a state of elevated unrest the past two days as it recorded its highest number of earthquakes at 355 and emitted sulfur dioxide equivalent to 3, 463 tons in the last 24 hours, state volcanologists said on Wednesday. Renato Solidum, chief of the Philippine Institute of Volcanology and Seismology (Phivolcs), […]
GENEVA: The World Health Organization said on Wednesday that a variant of Covid-19 behind the acceleration of India’s explosive outbreak has been found in dozens of countries all over the world. The UN health agency said the B.1.617 variant of Covid-19, first found in India in October, had been detected in more than 4,500 samples […]
THE Supreme Court has ruled that psychological incapacity as basis for nullifying a marriage is not a “medical but a legal concept”. The high tribunal, in an en banc deliberation on Tuesday, modified the interpretation of the requirements of psychological incapacity as a ground for declaration of nullity of marriage found in Article 36 of […]
Silid-Aralan Inc. (SAI) is making a last-minute call for public school students with grades below 75 to become one of 75 learners that will join the nonprofit organization’s Ground Zero Program, which seeks to boost academic achievement. SAI launched the “75 Under 75,” a first-of-its-kind search for the most academically challenged public school students across […]
Visit Lamudi’s online housing fair THE interest across all price segments fuelled Lamudi’s decision to bring its much-anticipated housing fair online this May. As property buyers revive their confidence in investing in real estate, the free event will help them get the best value for their money through special deals and exclusive offers from featured […]
THE Organization of Islamic Cooperation (OIC) has condemned Israel and reiterated support for Palestinians, as fatal unrest escalates. The OIC “condemns in the strongest terms the repeated attacks by the Israeli occupation authorities against the Palestinian people”, the pan-Islamic body based in the Saudi city of Jeddah said in a statement on Tuesday after an […]
JERUSALEM: Israel on Tuesday stepped up its attacks on the Gaza Strip, flattening a high-rise building used by the Hamas militant group and killing at least three militants in their hideouts as Palestinian rockets rained down almost nonstop on parts of Israel. It was the heaviest fighting between the two bitter enemies since 2014, and […]