Peso gains over Philippines’ improved ranking in global competitiveness

The surplus in the country’s balance of payments surged by nearly five times in November from a year ago, as optimism on the economy drove up investment inflows. AP FILE PHOTO

The peso strengthened on Thursday following the release of a report showing that the Philippines significantly improved its ranking on global competitiveness amid a favorable economic performance and the government’s promise of good governance.

Posted: September 6th, 2012 in Latest Business Stories | Read More »

Government: Look out world, here comes PH in 2016

By Michelle V. Remo

President Aquino’s announcement on new mining rules is hailed by fund managers

The Philippines, which has just received an upgrade in its credit rating amid favorable macroeconomic performance, is bullish it can make a significant leap in global competitiveness rankings by 2016.

Posted: July 16th, 2012 in Latest Business Stories | Read More »

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