Category Business

The permit trap

In fast-growing economies, governments often face a familiar temptation: regulate first, explain later. The Philippines nearly stumbled into that trap this week. What began as a drafted Department Administrative Order (DAO) from the Department of Trade and Industry (DTI) proposing…

When prices bite

April’s inflation rate of 7.2% is not just an unpleasant surprise; it is a reminder of how quickly macroeconomic stability can unravel when external shocks meet domestic vulnerabilities. For households, it shows up immediately in higher food and fuel costs.…

Ousting Piki comes with a poison pill

The controversy surrounding First Gen Corporation’s ₱62-billion hydropower deal with Prime Infrastructure Capital Inc. (Prime Infra) has brought an uncommon term into public view: the “poison pill.” In this case, the clause allows Prime Infra to buy out First Gen’s…