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DUTCH DISEASE

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abtest

OFW dollar windfall inflicts 'Dutch Disease' on economy

March 15, 2010 - 12:00am

Awash with dollars from $18 billion in overseas Filipino workers’ (OFW) remittances a year, the Philippine economy is now afflicted with the Dutch Disease, a malady that sees the decline of local industries,...

Business

Peso unstoppable, now at 40.56

By Des Ferriols | January 10, 2008 - 12:00am

The peso was unstoppable yesterday as it tested the 40.50 to a dollar level on the back of steady inflows from overseas Filipinos and fund managers looking for bargain issues at the stock market.

Business

BOP slips into $67-M deficit in November

By Des Ferriols | December 18, 2007 - 12:00am

The country’s balance of payments (BOP) plummeted into a $67-million deficit in November, bringing the year-to-date position to a slightly lower surplus of $7.782 billion.

Business

PNOC-EDC must be privatized now

By Boo Chanco | November 21, 2007 - 12:00am

Business

Strong forex inflows start to cause stress on RP economy

By Des Ferriols | November 21, 2007 - 12:00am

Business