Dindo Manhit, President, Stratbase ADR Institute The year 2020 was a great disruption that reversed the Philippine economy’s growth with a full-year contraction of 9.5 percent, the country’s worst economic performance in 73 years. This was also the steepest decline recorded in Southeast Asia last year. Likewise a record was the country’s annual unemployment rate… Read More

Paco A. Pangalangan, Executive Director, Stratbase ADR Institute The Stratbase ADR Institute recently launched a quarterly virtual roundtable discussion series highlighting the business sector’s role in addressing economic insecurity brought upon by the pandemic. Kicked-off last month, the inaugural session brought together thought leaders from the country’s most prominent business groups to talk about how… Read More

Paco A. Pangalangan, Executive Director, Stratbase ADR Institute Reliable electricity is one aspect of our day-to-day that we often take for granted. And, until something happens to remind us just how necessary it is, we never seem to fully appreciate the fundamental role it plays in our daily lives. Usually, this reminder comes as we… Read More

Dindo Manhit, President, Stratbase ADR Institute The year 2020 turned out to be another indelible page in history; a period of great disruption not only for the Philippines but also for the rest of the world. According to the International Monetary Fund (IMF), the global recession resulting from the COVID-19 pandemic averaged -3.5% in 2020.… Read More

Paco A. Pangalangan, Executive Director, Stratbase ADR Institute It is hard to imagine that the country has been in a perpetual state of lockdown since March 2020. The last year has been an uphill battle, both in terms of the economy and public health. Many businesses have been forced to either close or scale back… Read More

The COVID-19 pandemic in 2020 brought the Philippines into an economic turmoil as it entered a recession, contracting by a record-low of 9.5% for the full-year. Prolonged and restrictive lockdowns imposed to counter the spread of the virus forced thousands of businesses to either temporarily or permanently shut down. By the fourth quarter, the unemployment… Read More

It is with pleasure that we present to you Stratbase ADR Institute’s Economic Snapshots for the first quarter of 2021. This report informs us of the state of economic affairs at the beginning of the year and provides a snapshot of economic events and developments that transpired in the first three months of 2021. It… Read More