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The steady economic growth in the Philippines over the past three years lifted thousands of Filipinos out of poverty. This to me is a validation that we are on the right track toward our goal of becoming an upper-middle-income economy soon.
April 9 is Day of Valor. It is more poetic in Filipino, “Araw ng Kagitingan.” It is sometimes called Bataan Day. Unfortunately, our commemoration of this important day has been reduced to thinking of it as a day of rest or vacation since it is a non-working holiday. Well, it’s good for local tourism and the economy but bad for our collective memory.
The sentiments of Filipino businessmen are improving. More companies are turning more bullish this year as inflation rate softened and consumer demand picked up, in line with last year’s forecast.
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