Build middle class, Senator Angara tells UP grads
By Cathy C. YamsuanLike the ilustrados of the 1800s, the middle class is emerging as a potent force in the Philippines’ social transformation.
Like the ilustrados of the 1800s, the middle class is emerging as a potent force in the Philippines’ social transformation.

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.

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.
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.

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.

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.

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

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.

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.

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