Equity

Many Filipino middle-class families were already lost to the low-income groups years before the global economic crisis started.

Senate President Juan Ponce Enrile disagrees with Chief Justice Reynato Puno’s declaration in Davao City that the country is controlled by oligarchs.

It’s becoming more evident that this crisis is not going to be as bad as feared—it’s going to be worse, the news that comes out each day is of ever worsening conditions. Now the expectation is that the world economy will shrink by 1 percent this year. A recovery in 2009 is no longer a…

MANILA, Philippines — Around the world, the general experience is that economic growth is accompanied by falling poverty. And nowhere has this been truer than in Asia, where data clearly show that poverty reduction associated with economic growth has actually been stronger than elsewhere in the world.

Cash dividends declared by listed firms grew 18.8 percent to P219.24 billion last year from P184.58 billion a year ago reflecting an increase in the earnings that listed companies chose to share with investors, the Philippine Stock Exchange (PSE) said, citing data from its research group.