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New regions seen emerging as growth engines

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Global banking giant Citigroup expects rising infrastructure spending to drive a regional “industrial reboot” in the Philippines, transforming the likes of Central Luzon, Central Visayas and Southern and Northern Mindanao into the country’s next growth engines.

Posted: February 16th, 2014 in Headlines | Read More »

PH seen in better shape to withstand volatility

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Asia’s emerging markets are in a relatively better shape to withstand the new round of emerging-market shakeout compared to last year when the US Federal Reserve first unveiled plans to taper its monetary stimulus, American banking giant Citigroup said.

Posted: February 9th, 2014 in Headlines | Read More »

Slower economic growth for PH seen

After beating expectations last year with a growth rate of 7.2 percent, the Philippine economy is seen to grow at a slower pace this year but infrastructure projects under the public-private partnership (PPP) framework are seen perking up growth back to more than 7 percent in 2015.

Posted: February 2nd, 2014 in Headlines | Read More »

Citi raises growth forecast for PH

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Despite the devastation caused by Supertyphoon “Yolanda,” prospects remain bright for the Philippine economy, according to a Citigroup research.

Posted: December 25th, 2013 in Headlines | Read More »

Peace in McKinley West

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Ahead of the Christmas holidays, cooler breeze is now blowing over the McKinley West complex in Fort Bonifacio after the group of property tycoon Andrew Tan and the state-controlled Bases Conversion Development Authority (BCDA) resolved their dispute over their 34.5-hectare joint venture at the former Jusmag site.

Posted: December 17th, 2013 in Headlines | Read More »

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