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PH said to bear unmistakable signs of a turnaround

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Mohagher Iqbal, chief MILF negotiator, and Miriam Coronel-Ferrer, head of the government negotiating panel, exchange copies of the peace agreement between the MILF and the Aquino administration they signed in Malacañang on March 27. A report said the Philippines bears the “unmistakable” signs of an economic turnaround, including the successful conclusion of peace talks in Mindanao.  INQUIRER FILE PHOTO

The Philippines is well poised to ride the global manufacturing wave and stand out among the economies in the Asia-Pacific in the next two decades, but the government needs to implement crucial reforms to address issues on foreign ownership, corruption, infrastructure and energy.

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

Cigarette prices in PH still among lowest despite sin tax, says report

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A vendor sells cigarettes at a supermarket in Quezon City. AFP FILE PHOTO

Despite the passage of the sin tax law, the prices of cigarettes in the Philippines remain among the lowest in Southeast Asia, an antismoking group said yesterday.

Posted: September 3rd, 2013 in Latest Business Stories | Read More »

6.5% GDP growth seen in 4th quarter of 2012

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Benefiting from robust consumer spending and improving investment climate, the Philippine economy was expected to have maintained a robust 6.5-percent growth in the fourth quarter of 2012 and remained one of the fastest-growing economies in the region.

Posted: January 28th, 2013 in Editor's Pick,Headlines | Read More »

Economy seen to have grown 4.8% in Q1

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The Philippine economy likely grew at a faster pace of 4.8 percent in the first quarter of 2012 from 3.7 percent in the previous quarter mainly on the back of recovery in export earnings, international financial services firm HSBC said.

Posted: May 20th, 2012 in Editor's Pick,Headlines | Read More »

Chinese, Russian firms seen as most bribery-prone—watchdog

Companies from Russia and China are seen as the worst offenders for paying bribes when doing business abroad, a new report said Wednesday, while Swiss and Dutch companies top the table for honesty.

Posted: November 2nd, 2011 in Latest Business Stories | Read More »

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