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The Export Advocate

The Export Advocate.

Strong peso keeps a nation poor

Strong peso keeps a nation poor

Jul. 30 | International banker and economist Victor Barrios recently drafted a paper arguing that a strong peso has kept the Philippines poor, its people poorer and a few rich, richer.   He wrote the paper after joining dialogues with government economic and...

Poison in Food

Poison in Food

Jul. 1 | Whether we like it or not, the Philippines is now under extreme pressure to comply with global quality, safety, health and even environment standards as part of standard import requirements. A sector which has been the subject of many and very strict...

Shedding Our Smallness

Shedding Our Smallness

Jun. 17 | TAKING pride in our smallness — like blowing our horns for having the smallest fish, smallest monkey and smallest deer — has no place in the 21st century. New records are hailed in bigness.   But when it comes to credit available to small businesses,...

Political Will on Display

Political Will on Display

May. 14 | President Benigno Aquino III displayed rare political will last Labor Day when he rejected outright the demand of labor federations led by the Trade Union Congress of the Philippines (TUCP) for a P125 a day hike in minimum wages.   Business leaders...

ASEAN: A Single, Huge Market By 2015

ASEAN: A Single, Huge Market By 2015

May. 2 | The ten-member Association of Southeast Asian Nations (ASEAN) has set 2015 as the target for creating a single regional economic market known as the ASEAN Economic Community. ASEAN comprises Brunei, Cambodia, Indonesia, Laos, Malaysia, Myanmar, the Philippines,...

Upbeat On Export Growth

Upbeat On Export Growth

Apr. 9 | The year just past was a bad one for Philippine exports, pulled down chiefly by a quick retreat in electronics products, although most other exports posted double-digit growth. The drop was 6.86 percent, equivalent to lost earnings of US$3.6 billion from...

PPP No Longer Means Powerpoint Presentation

PPP No Longer Means Powerpoint Presentation

Mar. 6 | Critics have made a joke of the much vaunted flagship public works program of the Aquino administration called Public-Private-Partnership or PPP. The program did not take off for a year and a half after the initial list of projects was first announced. The...

High Shipping Cost: A 30-Year Issue

High Shipping Cost: A 30-Year Issue

Feb. 22 | Philippine Chamber of Commerce and Industry mainstay Donald Dee says he and other leaders of the country’s biggest business organization have been making noise about the problem of high domestic freight for no less than 30 years. Bobby Amores, head...

Infra, Infra, Infra

Infra, Infra, Infra

Jan. 31 | It has not been adopted yet as one of the mantras of the Aquino administration. But we hope it will soon be elevated to the level of catch phrases “inclusive growth” and “sustainable development” which government’s economic managers keep on...

Reviving Industry and Manufacturing

Reviving Industry and Manufacturing

Jan. 10 | We first heard the phrase “SM Economy” used by prominent economist Dr. Benjamin Diokno to describe what the Philippine economy has become, one that is driven by consumption fuelled by dollar remittances of overseas Filipino workers. Gauging by the...