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Build middle class, Senator Angara tells UP grads

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Like the ilustrados of the 1800s, the middle class is emerging as a potent force in the Philippines’ social transformation.

Posted: April 29th, 2013 in Editors' Picks,Headlines,Nation | Read More »

New seaport seen to boost Calbayog economy

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PRESIDENT Aquino raises the hand of Samar congressional candidate Eunice Babalcon during the April 26 meet with local leaders in Calbayog City. Malacañang Photo

The opening of the new seaport here will not only improve the transport sector but will boost Calbayog’s economy and tourism industry, according to President Aquino.

Posted: April 28th, 2013 in Headlines,Regions | Read More »

Trickle-down effect takes time, says Cayetano of economy

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Sen. Alan Peter Cayetano. RYAN LEAGOGO/INQUIRER.net FILE PHOTO

Sen. Alan Peter Cayetano on Saturday called on Filipinos to stop downplaying the economic gains made by the Aquino administration in the wake of reports that the country’s poverty incidence had remained practically unchanged as shown by the National Statistical Coordination Board’s latest figures.

Posted: April 28th, 2013 in Latest News Stories,Nation,Photos & Videos | Read More »

MV Pangilinan: Allow private sector to actively help end poverty

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A top businessman on Wednesday called on Malacañang to include the private sector in mapping out fresh antipoverty programs as lawmakers blamed income inequality for chronic poverty amid robust economic growth.

Posted: April 25th, 2013 in Editors' Picks,Headlines,Nation | Read More »

PH poverty incidence unchanged in past 6 yrs

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WHERE’S TRICKLE DOWN EFFECT?  Despite the expansion of the economy, the benefits of growth are not trickling down to the poor, including these children living in shanties in  Pasay City.  INQUIRER PHOTO

Economic growth over the past six years hardly made a dent in poverty incidence in the Philippines, as the percentage of Filipinos living below the poverty line remained practically the same between 2006 and 2012, official statistics showed.

Posted: April 24th, 2013 in Banner Story,Editors' Picks,Featured Gallery,Headlines,Latest News Stories,Nation,Nation,Photos & Videos | Read More »

Outages turning Zambo into ‘junk’ city

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APPLIANCES, such as these piled atop each other in a repair shop in Zamboanga City, are no match for frequent brownouts in the city and elsewhere in Mindanao. JULIE ALIPALA/INQUIRER MINDANAO

Frequent power outages in this city are taking their toll on household appliances, with their owners being left with only two choices—throw them away or spend more for repairs.

Posted: April 19th, 2013 in Featured Gallery,Headlines,Photos & Videos,Regions | Read More »

Frugal pope nixes bonus for Vatican employees

In this photo provided by the Vatican paper L'Osservatore Romano and made available Thursday, April 18, 2013, Mons. Miguel Delgado Galindo, left, presents a jersey of Argentine soccer star Lionel Messi to Pope Francis, at the Vatican Wednesday, April 17, 2013. (AP Photo/L'Osservatore Romano, ho)

The global economic crisis is hitting Vatican employees in their cassock pockets.

Posted: April 19th, 2013 in Latest News Stories,World | Read More »

Despite growth, Caraga folk among poorest

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SAN FRANCISCO, Agusan del Sur—Caraga may have outperformed all regions in the country in terms of economic development in the last three years based on government data, but its people are still among the poorest, according to the Department of Social Welfare and Development (DSWD) in the region.

Posted: April 15th, 2013 in Headlines,Regions | Read More »

Legarda bats for ‘bibingka economics’

Sen. Loren Legarda.  INQUIRER FILE PHOTO

Reelectionist Senator Loren Legarda has urged full implementation of laws that will spur economic growth from the grassroots through the development of small and medium enterprises.

Posted: April 14th, 2013 in Latest News Stories,Nation | Read More »

Italian man catches a thief, then gives him a job

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The caretaker of a housing complex near Florence in Italy used a knife to scare off a thief trying to steal copper wiring and called in the police to arrest him.

Posted: April 11th, 2013 in Latest News Stories,World | Read More »

Should PH open its land to foreigners? Maceda, Escudero think so

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Former Senator Ernesto Maceda. FILE PHOTO

The foreign ownership policy on land remains to be an “emotional and divisive issue” but some Senate aspirants expressed openness in discussing the matter in order to make the economy vibrant.

Posted: April 10th, 2013 in Latest News Stories,Nation,Photos & Videos | Read More »

PH gets first investment grade rating from Fitch

THE Philippines has achieved its first-ever investment grade rating after international debt watcher Fitch raised the country’s rating to BBB- from BB+.

Posted: March 28th, 2013 in CDN - Enterprise,Cebu Daily News | Read More »

Local stocks soar on Fitch ratings upgrade report

LOCAL stocks rallied by 2.74 percent to hit unprecedented highs yesterday as the Philippine government bagged a much-coveted investment grade rating from Fitch.

Posted: March 28th, 2013 in CDN - Enterprise,Cebu Daily News | Read More »

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