The benchmark equities index plunged below the 6,600 level last Thursday as dismayed investors dumped stocks on news that the Philippine economy expanded by a lower-than-expected 5.7 percent in the first quarter. Economists and market analysts had expected the growth in Philippine economic output to accelerate to 5.9 percent in the three months to March, buoyed by a burst in infrastructure spending by both the government and the private sector. Thus when the growth in gross domestic
The writ of amparo was issued by the Supreme Court in Deduro v. Vinoya (July 4, 2023 but released only last May 8) to protect the petitioner who was Red-tagged by the government. The issuance of the writ is a victory of activists, i.e., journalists, students, laborers, jeepney drivers, and even plain citizens peacefully exercising their freedom of expression via public rallies, writings, speeches, and body language like fist clenching, sneering, gesticulating, and staring. EXPERTLY PENNED BY JUSTICE RODIL V. ZALAMEDA and concurred in unanimously by his colleagues, the 39-page decision is a well-written treatise that meticulously discussed the (1) purpose,
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