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PH ranks 95th in WB survey

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Philippines Congested Container Port

Doing business in the Philippines became more difficult in 2014, partly as a result of Manila’s truck ban, which constricted the country’s main gateway for international trade.

Posted: October 30th, 2014 in Editor's Pick,Headlines | Read More »

PH gov’t downplays drop in Doing Business rank as a ‘hiccup’

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Trade Secretary Gregory L. Domingo: Incentives, not subsidies. INQUIRER FILE PHOTO

It may have dropped by nine spots, but the country’s “Doing Business 2015″ rank is nothing but a “hiccup” as far as the government is concerned.

Posted: October 29th, 2014 in Latest Business Stories | Read More »

PH ranked 5th biggest in Asean as of end-2013

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GDP growth

The Philippines emerged as the fifth biggest economy among the 10-member states of the Association of Southeast Nations in 2013, based on the country’s gross domestic product (GDP) at current prices which stood at $269 billion, data from the Asean showed.

Posted: August 30th, 2014 in Headlines,Latest Business Stories | Read More »

PH falls 4 notches in world competitive ranking

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Photo taken on April 26,2014, shows an unpaved portion of the Catanduanes circumferential road. In terms of infrastructure, many Philippine roads remain unpaved, transportation is deemed inefficient while the primary airport is operating beyond capacity, according to the 2014 World Competitiveness Yearbook.  PHOTO BY RICK ALBERTO

The Philippines suffered a setback in the competitiveness rankings, dropping four notches to rank 42nd in the 2014 World Competitiveness Yearbook (WCY), despite the overall optimism in the country’s strong economic growth and perceived improvements in the business environment and governance.

Posted: May 22nd, 2014 in Latest Business Stories | Read More »

Boracay among Top 20 destinations for Chinese tourists

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Boracay Island   FILE PHOTO

Boracay Island is among the 20 most popular destinations for Chinese travelers, the world’s largest tourism spender, based on data from travel site TripAdvisor.

Posted: September 24th, 2013 in Latest Business Stories | Read More »

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