11:38 Monday 3 January 2011
What do I reckon is up for us in 2011?
I cannot help but recall the headline on the Business Section of the Philippine Star Sunday morning. It emblazoned the phrase “SDA funds parked in BSP vault reach P 1.22 Trillion,” a fact which many in the market place was already conscious of except that now there is a definite amount mentioned. Apparently, there is a clamor for some quarters for the BSP to lower interest rates on SDA so that funds could be freed up to bankroll productive projects including infrastructure programs by the Aquino administration. Read more