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The Russia-Ukraine war and surging prices are not slowing down Philippine economic growth despite some doomsayers in our midst.


The economy expanded 7.6 percent in the third quarter of 2022, beating expectations by some market analysts. The growth is the first registered under the administration of President Ferdinand Marcos Jr., and judging from other key economic indicators that came out last week, the Philippine economy is poised to expand further in the last quarter and weather the external headwinds coming our way.

Do you ever feel that the world around you is falling apart? Or that the end of the world is near? As I prepare to write this column, (Oct. 30) I browsed the headlines of the major newspapers and I had a feeling that disaster after disaster are happening all over the world. Forty-eight people were killed by the onslaught of Tropical Storm Paeng including 31 people who perished in flash floods and landslides in Maguindanao del Norte.

The road to normalcy is now just around the corner. We will definitely celebrate a merrier Christmas in December, with Covid-19 variants and sub-variants proving to be less virulent than their ancestors. And with the further easing of mask mandates, we can foresee much-increased economic activities in the coming months.