By Tarra Quismundo
With peace at hand in Mindanao, President Benigno Aquino has invited the Malaysian business community to invest in the region’s untapped resource potential, citing how governance reforms and a fairer business climate have led to an economic revival in the Philippines in recent years.
By Karlos Manlupig
President Aquino said sustaining the economic growth achieved in 2012 would be among the serious challenges his administration would face in the next three years.
By Germelina Lacorte
, Judy Quiros
, Karlos Manlupig
A World Bank official has called the huge number of unemployment and underemployment in the Philippines as a huge challenge for the Aquino administration.
By Riza T. Olchondra
, TJ Burgonio
Living up to President Aquino’s advance information that the numbers would impress, the Philippine economy expanded 6.8 percent in the fourth quarter of 2012, lifting full-year growth to 6.6 percent.
By Doris C. Dumlao
, Michelle Remo
Visiting American economist Nouriel Roubini hailed the Philippines as an “economic success,” citing the country’s potential to move toward a higher growth rate of at least 7 percent a year.