The pace of doing business both in the private and public sectors has significantly accelerated.

Two months into the world famous island’s closure to tourists, residents and workers of Boracay are already experiencing its effects, both positive and negative.

While there are clashing views on the cause of price hikes, it cannot be denied that the students are also affected by the phenomenon even if a huge majority of them are not yet paying taxes.

When President Rodrigo Duterte came back from his state visit to China in October 2016, his Cabinet members touted the US$ 24 billion in investment and credit line pledges that they have supposedly secured from their Chinese counterparts.

With the implementation of Proclamation No. 475, placing Boracay under the state of calamity, entry to the island has been stricter.