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                    [Title] => Modern capitalismleads to inequality
                    [Summary] => The absence of a real wage growth in the Philippines is among the major obstacles that prevent the country from reaching middle class status by 2040. In a briefing, World Bank senior economist Rong Qian said: “Actually this phenomenon that you see, the real wage increase between 2000 and 2016, the growth rate was ZERO in the Philippines. And this is something that I’ve never seen in other countries, especially in other developing countries.” 
                    [DatePublished] => 2019-11-03 00:00:00
                    [ColumnID] => 133740
                    [Focus] => 1
                    [AuthorID] => 1302661
                    [AuthorName] => Elfren S. Cruz
                    [SectionName] => Opinion
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                    [Title] => Peso seen rebounding to 52:$1
                    [Summary] => Economists see the peso rebounding close to 52 versus the dollar in the next few months as investors regain confidence in emerging markets, but expect a “moderate depreciation” to 54.40 by yearend. 
                    [DatePublished] => 2019-02-20 00:00:00
                    [ColumnID] => 0
                    [Focus] => 1
                    [AuthorID] => 1805762
                    [AuthorName] => Czeriza Valencia 
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => https://media.philstar.com/photos/2019/02/19/bus2-peso-dollar_2019-02-19_20-08-20166_thumbnail.jpg
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Rong Qian

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                    [Summary] => The absence of a real wage growth in the Philippines is among the major obstacles that prevent the country from reaching middle class status by 2040. In a briefing, World Bank senior economist Rong Qian said: “Actually this phenomenon that you see, the real wage increase between 2000 and 2016, the growth rate was ZERO in the Philippines. And this is something that I’ve never seen in other countries, especially in other developing countries.” 
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                    [Title] => Peso seen rebounding to 52:$1
                    [Summary] => Economists see the peso rebounding close to 52 versus the dollar in the next few months as investors regain confidence in emerging markets, but expect a “moderate depreciation” to 54.40 by yearend. 
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abtest

Modern capitalismleads to inequality

By BREAKTHROUGH | By Elfren S. Cruz | November 3, 2019 - 12:00am

The absence of a real wage growth in the Philippines is among the major obstacles that prevent the country from reaching middle class status by 2040. In a briefing, World Bank senior economist Rong Qian said: “Actually...

Opinion

Peso seen rebounding to 52:$1

By Czeriza Valencia | February 20, 2019 - 12:00am

Economists see the peso rebounding close to 52 versus the dollar in the next few months as investors regain confidence in...

Business