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2nd quarter GDP growth seen at 6.2%

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SCREENGRAB from www.moodys.com

Improvements in factory output and external trade numbers likely fueled faster economic growth in the second quarter of the year, research firm Moody’s Analytics said.

Posted: August 23rd, 2014 in Editor's Pick,Headlines,Latest Business Stories | Read More »

Return to over 7% GDP growth seen in Q2

Economic Planning Secretary Arsenio Balisacan: Inclined to take offer.  INQUIRER FILE PHOTO

Economic managers are confident that the second quarter marked a return to growth upwards of 7 percent amid a surge in state spending and private investment to complement the country’s traditionally strong consumption sector.

Posted: August 21st, 2014 in Headlines,Latest Business Stories | Read More »

Philippines has lowest FDI percentage among Asean members

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Philippine Economy. AP FILE PHOTO

The Philippines has the lowest Foreign Direct Investments (FDI) among the countries in Association of Southeast Asian Nations (Asean), according to 2014 United Nations Human Development Report released Wednesday.

Posted: August 20th, 2014 in Latest Business Stories,Uncategorized | Read More »

China’s trade surplus rises to $35.92B in May, govt data shows

trading

China’s trade surplus surged in May, official data showed on Sunday, as export growth accelerated sharply while imports showed a surprise fall.

Posted: August 8th, 2014 in Latest Business Stories | Read More »

Boom ups Filipinos’ per capita income at $2,765 in 2013; luxury goods sale rising

By
FILE PHOTO

Despite the robust economic growth being enjoyed by the Philippines these past few years—as always trumpeted by the Aquino administration—many Filipinos remain poor, if pundits are to be believed.

Posted: July 27th, 2014 in Latest Business Stories | Read More »

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