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Aquino invites Malaysian businessmen to invest in Mindanao

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Philippine President Benigno Aquino III, center, listens to an unidentified officer as he walks with Malaysian King Sultan Abdul Halim Mu'adzam Shah, left, during a welcome ceremony at Parliament Square in Kuala Lumpur, Malaysia, Friday, Feb. 28, 2014. AP

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.

Posted: March 1st, 2014 in Latest Business Stories | Read More »

Aquino vows to sustain, make economic growth inclusive in next 3 years

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President Benigno Aquino III. FILE PHOTO

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.

Posted: February 5th, 2013 in Latest Business Stories,Photos & Videos | Read More »

Creating ‘good jobs’ an overwhelming challenge to Aquino gov’t—World Bank

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The World Bank logo. www.worldbank.org photo

A World Bank official has called the huge number of unemployment and underemployment in the Philippines as a huge challenge for the Aquino administration.

Posted: February 4th, 2013 in Latest Business Stories | Read More »

Stellar economic growth at 6.6%

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ECONOMIC TEAM  President Aquino (right) predicts an impressive Philippine economic growth of more than 6 percent in a speech during the 40th anniversary of Neda on Tuesday. He is shown with (from left) former Neda Director General Cayetano Paderanga, Neda Deputy Director General Rolando Tungpalan and current Neda chief Arsenio Balisacan. Lyn Rillon

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.

Posted: February 1st, 2013 in Editor's Pick,Headlines,Latest Business Stories | Read More »

US economist hails PH success story

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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.

Posted: January 31st, 2013 in Latest Business Stories | Read More »

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