The Philippines has gradually broken away from its tumultuous past to become “one of the greatest comeback stories,” but more reforms were needed to sustain progress, according to British banking giant HSBC.
A nationwide strike in India has highlighted the difficulties in pushing through reforms in an era of fractious coalition politics despite the clamor for decisive action from business leaders.
The Philippines is still geared for sustained and rapid inclusive growth given a credible leadership and reforms that have been put in place, according to the World Trade Organization Policy Review.
Local and foreign investors have sought the implementation of the necessary schemes and mechanisms as well as the formulation of a clear and more integrated energy plan that will allow the Philippines to have fair and more competitive electricity rates.
The local governments units’ open pit mining ban ordinances and other issues plaguing the mining industry will be addressed this year, officials said.
After the sale of his interest in the national electricity superhighway, tycoon Ricky Razon is now shopping around for a listed shell company for his ventures outside of international port operator ICTSI. We’re talking about Bloomsbury Investments, which is now building a $1.2-billion integrated casino and tourism facility at the Pagcor-initiated Entertainment City in partnership [...]
When economic reforms were launched 20 years ago this week, India was a country where you couldn’t buy a Coca-Cola, a telephone line would take a year to install, and there was only one TV network.
The World Bank on Wednesday praised the Philippines for its steady economic growth despite the global economic shocks and hailed reforms made by the government of President Benigno Aquino III.
