By Joey A. Bermudez
Inclusive growth is the latest buzzword. We have heard many convoluted explanations of this elusive phenomenon. Most explanations eloquently describe the outcome but miss the origin of the problem.
By Ben O. de Vera
The Philippine unit of Canadian insurer Sun Life Financial Inc. is on track to hit all of the four targets under its five-year growth plan until 2015, even though the local insurance industry is facing tough times ahead, company executives Friday said.
The US economy shrank for the first time in three years in the first quarter, underscoring its struggle to gain momentum nearly five years after exiting recession, data showed Thursday.
The Philippine economy will more than double in the next decade as earnings from overseas workers and business outsourcing surge, a respected US-based think-tank said Monday.
Indonesian growth slowed more than expected in the first quarter, official data showed Monday, as weak exports and tight monetary policy weighed on Southeast Asia’s top economy.