By Daxim L. Lucas
(First of three parts) Fund managers around the world have dubbed the Philippines the newest “tiger economy” of Asia. And for good reason. The latest government data showed the economy roaring ahead at its most vibrant pace in decades. In fact, the country’s growth—measured by the rise in the gross domestic product (GDP)—is one of […]
By Cesar B. Bautista
Much has been written lately about the rebounding situations in Southeast Asia’s emerging economies, led by the Philippines. The expert observers are right—for the first time, our economy has attained a measure of stability resulting from President Aquino’s tremendous efforts to tackle corruption, to dismantle cronyism and to improve the country’s reputation as being business-friendly.