I challenge our young college freshmen here to develop their love and enthusiasm for statistics, for with this goes the development of their critical thinking. On this note, the BSP unites with the Philippine statistical community and the academe in honoring this year’s finalists and in congratulating the winners and their mentors. Thank you very much. BIS Review 6/2007  1
These positive effects will likely continue spreading to firms’ production activity, and thus the recovery trend of business fixed investment is likely to become more evident (Chart 7). Of course, the Federal Reserve’s (Fed’s) policy developments and their subsequent effects on global financial markets should be monitored as downside risks.