One heartening development concerning the Philippines’ unsung heroes—the millions of Filipinos working overseas—is that a recent survey has found many of them to be saving part of their earnings. This can reverse the familiar story line among many Filipinos who toiled for years abroad and came back with no investments or savings to speak of.
By Juan L. Mercado
All of us have favorite Christmas articles.
By John Nery
I have had the privilege of writing on Pope Francis for different media in preparation for next month’s pastoral visit. Writing has helped turn anticipation into active waiting—very like Advent. Like many, I am drawn to the Pope’s emphasis on mercy and compassion; but I am also magnetized by his candor, his demonstrated capacity for frank talk.
By Cielito F. Habito
Experience in Southeast Asia has shown that breaching an average income of $2,600 triggers rapid acceleration in demand for motor vehicles—a phenomenon termed as “motorization.” This appears to be the threshold GDP per capita beyond which ownership of a motor vehicle becomes widely accessible to the populace, leading to a dramatic takeoff in motor-vehicle sales. Thailand and Indonesia achieved this in the past decade; we reached that threshold just over a year ago. It is thus now said that the Philippines is on the cusp of the third wave of motorization in Asean.
By Rina Jimenez-David
We all know the feeling. Deadlines loom, and a form of free-floating anxiety haunts our days. There are so many things that need doing: gifts to shop for and wrap, checklists to follow, dishes to cook, the house to decorate, the tree to trim, the family to gather, the parties to attend, and the endless stream of envelopes from messengers and postmen, village security guards, garbage collectors and even the newspaper delivery guy, greeting you a Merry Christmas with an explicit appeal for your generosity.