nostalgia at fort abad
(with powerful media friends - philippine star's marianne, manila bulletin's fil and bloomberg's cecille. fil and cecille both proved that red was indeed the new black at least for that night. chos.) it's but fitting that the central bank, which guards the philippine economy by making sure that monetary policy is synchronized with fiscal and other economic measures to spur and sustain growth without resulting in spiraling inflation, holds its annual bankers' night at the historic fort san antonio abad. built in 1584, the fort had played a key role in the country's rich history, witnessing wars and foreign invasions by the spanish, british, americans, japanese. like the fort, the central bank is the fortress when the country is besieged by global economic uncertainties like the financial crunch that steamed from unpaid housing loans in the united states and the still unresolved european credit crisis. ^^^^^^^^^^^^^ but i am not going into the details...