Militant group Bagong Alyansang Makabayan on Wednesday dubbed the celebration of the 115th year of Philippine Independence Day as “sham independence and sham economic growth” under the Aquino administration.
In citing the economic value of tourism for the country, Tourism Secretary Ramon Jimenez Jr. identified it as one of three engines of economic growth along with business process outsourcing and agriculture.
As President Barack Obama delivers his State of the Union speech Tuesday night, he presides over an economy much healthier than the one he inherited four years ago. Yet growth remains slow and unemployment high.
Bicol received P6.6 billion this year to carry out vital infrastructure projects to boost the region’s economic growth, the Department of Public Works and Highways (DPWH) said.
The President, who begins the second half of his term in July, said this year would be a “critical stage” for the administration’s crusade for long-term development and good governance.
More Filipinos are optimistic about the economy in the coming year but the number of those who expect their lives to get better in the next 12 months has declined, the latest Social Weather Stations (SWS) survey showed.
Asia’s fast economic growth has increased the region’s vulnerability to natural disasters, with new developments springing up in catastrophe-prone areas, the UN warned on Tuesday.
In what could be a preview of his State of the Nation Address (Sona) on July 23, President Benigno Aquino III on Friday highlighted before a group of foreign visitors the key achievements of his two-year-old administration—“inclusive growth” and increased social spending to make sure that “no one is left behind.”
The new National Economic Development Authority (Neda) chief expects economic growth for the first quarter of the year to be within the government’s target range.
Government and business leaders in Negros Occidental on Monday expressed optimism about the economic growth of the province in 2012 amid high investor confidence.
