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Slow Q4 growth of 6.6% posted last year, but 2016’s 6.8% GDP growth fastest in 3 years Business leaders in Cebu welcome the country’s strong economic performance in the last quarter of the 2016, with economy growing…
BUSINESS leaders in Cebu anticipated a good performance from the Philippine economy in the last quarter of 2016, ahead of the release of fourth-quarter domestic economic data this week. Mandaue Chamber of Commerce and Industry (MCCI) president…
Increased spending on infrastructure, which is the thrust of the Duterte administration especially on improved transport facilities, is expected to grow the Philippine logistics industry by at least 300 percent in the next four years. Jonathan Cabaltera,…
Business leaders in Cebu lauded the present administration for the 7.1-percent growth of the Philippine economy during the first three months of President Rodrigo Duterte in office. However, some said this could also be owed to the…
President Rodrigo R. Duterte has given his go-ahead to implement economic managers’ plan to do 24/7 work on infrastructure projects, alongside a faster rollout of public-private partnership (PPP) projects. Budget Secretary Benjamin E. Diokno told reporters Tuesday…
A change in administration will have little to no effect on the growth of the Philippine economy due to huge revenue contributions from overseas Filipino workers (OFWs) and the information communications technology-business process management (ICT-BPM) sector, an…
Cebu can contribute more to the country’s gross domestic product (GDP) growth if it only taps into its strengths, an Economics professor of the Ateneo de Manila University said. Citing data from the Ateneo Eagle Watch, a…
Last year’s economic growth was slower at 5.8 percent, compared to the 6.1 percent growth we achieved in 2014. Indeed, the 2015 performance was quite a disappointment because in the five years beginning 2010, whence the present…
Failure of policy to shift from early success in import substitution into export industrialization and poor governance in general, characterized by high level of corruption from the top down to the local level, constrained the country from…
APEC meetings, IT-BPM sector seen to further drive growth this year The Central Visayas economy continued to outpace the Philippines last year as it expanded 8.8 percent, government statisticians reported. The Philippine economy slowed down last year,…
The Philippine Statistics Authority presented the economic performance of Central Visayas for fiscal year 2014. Central Visayas showed an increase in gross regional domestic product (GRDP) growth from 7.4% in 2013 to 8.8% in 2014. Comparatively, the…
THE Aquino administration’s report on a lower 5.2 percent Gross Domestic Product (GDP) growth for the first quarter of this year is caused by several factors like the economic slowdown in China. “China is one of our…
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