Despite the efforts of the government to save Filipinos from the claws of poverty, many poor and even non poor households remain vulnerable (Mina and Imai 2016). To support these households, the Philippine government implements a number of social protection programs targeted to improve their economic and social footing and lessen their exposure to risks. This Economic Issue of the Day looks at the ...

Mergers and acquisitions are business activities that affect the market environment and consumer welfare. According to the Philippine Competition Act, a merger occurs when: (1) two or more entities, previously independent of each other, merge into a new entity and cease to be distinct or (2) an existing entity absorbs another entity, with the result that the latter ceases to be distinct. Companies ...