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Foreigners upgrade outlook on PH

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Christmas lights sparkle from construction tower cranes in Bonifacio Global City, Taguig. With the upcoming holiday spending and the budget secretary predicting the start of election-related spending in the fourth quarter, more international institutions have upgraded their full-year GDP forecasts for the Philippines. PHOTO BY ARNOLD ALMACEN

After a surprising 7.1-percent third-quarter economic growth, more international institutions have upgraded their economic outlook on the Philippines to factor in a stronger-than-expected economic momentum.

Posted: December 2nd, 2012 in Editor's Pick,Featured Gallery,Headlines | Read More »

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