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Philippines jobless rate soars despite record growth

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The Philippines’ jobless rate soared to a three-year high in April even though the nation has the fastest-growing economy in Asia, official data showed Tuesday.

Posted: June 11th, 2013 in Latest Business Stories | Read More »

Surprising 7.1% growth

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CRANES OVER MAKATI CITY  With an economy growing at a robust pace and an efficient workforce to boast of, the Philippines jumped by five notches in this year’s World Competitiveness Ranking. EDWIN BACASMAS file photo

The Philippine economy grew 7.1 percent in the third quarter year-on-year, exceeding expectations and making it the best performer in Southeast Asia.

Posted: November 29th, 2012 in Featured Gallery,Headlines,Latest Business Stories,Photos & Videos | Read More »

Neda reports 7% economic growth in 3rd Q

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NEDA logo

The Philippine economy expanded by 7.1 percent in the third quarter, according to government officials. Thus, the economy is poised to meet the 7 to 8 percent average annual growth rate that government targeted in its medium-term plan to curb poverty.

Posted: November 28th, 2012 in Latest Business Stories | Read More »

German gov’t fund to boost ‘green growth’

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The German government has allocated a P170-million fund to continue its support for Philippine efforts related to “climate-smart development and green growth.”

Posted: May 4th, 2012 in Headlines | Read More »

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