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Bangsamoro needs P225.7B to grow economy

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While the Bangsamoro entity awaits its formal establishment by 2016, P225.7 billion worth of funding is needed to reduce poverty among residents as well as grow the economy of one of the country’s poorest regions.

Posted: November 7th, 2014 in Headlines | Read More »

PH wealth gap seen narrowing

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A Filipino boy stands inside their makeshift house under a bridge in suburban Quezon city, north of Manila, Philippines on Oct. 8, 2014. The gap between rich and poor Filipinos remains wide even as wealth inequality in the country has been rapidly declining in recent years, according Credit Suisse Group.  AP PHOTO/AARON FAVILA

The gap between rich and poor Filipinos remains wide even as wealth inequality in the country has been rapidly declining in recent years, according Credit Suisse Group.

Posted: October 16th, 2014 in Editor's Pick,Featured Gallery,Headlines | Read More »

Lower import duties seen to boost PH output

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To bolster manufacturing and generate more jobs in this sector, the government is considering lowering import duties further, which may lead to reduced raw material and equipment costs.

Posted: June 26th, 2014 in Headlines | Read More »

PH to get $1B a year in WB aid

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The country’s fight against poverty is set to receive a major boost following the announcement of a new World Bank partnership with the Philippines that would result in more than $1 billion in aid finance every year until 2018.

Posted: June 14th, 2014 in Headlines | Read More »

Rizal Microbank’s lending receives support from IFC

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International Finance Corp., the private sector funding arm of the World Bank group, will team up with Davao-based Rizal Microbank to boost lending to small farmers with the goal of creating jobs and reducing poverty in Mindanao.

Posted: April 23rd, 2014 in Headlines | Read More »

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