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Philippines is fastest growing Asian country for first quarter of 2013

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Employees work on a construction site in Manila on Sept. 17, 2012. The International Monetary Fund has kept its 2012 growth projection for the Philippines, but reduced its figure for next year as it sees a weaker global economy. AFP/JAY DIRECTO

The Philippines has the fastest growing economy among Asian countries for the first quarter of 2013, the National Statistical Coordination Board (NSCB) announced Thursday.

Posted: June 4th, 2013 in Business,Latest News Stories | Read More »

Alan Cayetano seeks more access to capital for poor businessmen

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SEN. ALAN Peter Cayetano. EDWIN BACASMAS

Sen. Alan Peter Cayetano on Friday reiterated his call for the government to provide the poor with more access to capital to start their own small businesses a day after the economy registered the highest growth rate in Asia for the first quarter of 2013.

Posted: June 1st, 2013 in Latest News Stories,Nation | Read More »

Chinese trader corners banknotes manufacturer

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A Hong Kong Chinese businessman has bagged multimillion-peso projects involving the production and delivery of the country’s new generation banknotes.

Posted: May 22nd, 2013 in Featured Columns,On Target | Read More »

Enrile says job creation important that economic growth

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Senate President Juan Ponce-Enrile. INQUIRER FILE PHOTO

Job creation is more important for the Philippines and not just economic growth, Senate President Juan Ponce Enrile said Wednesday.

Posted: February 6th, 2013 in Latest News Stories,Nation | Read More »

Palace on Arroyo’s plaudit: Student surpasses teacher

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The unexpected praise heaped on President Benigno Aquino III by former President Gloria Macapagal-Arroyo for the country’s economic glow under his leadership is a “classic case of the student already surpassing the teacher,” Malacañang said on Saturday.

Posted: February 3rd, 2013 in Editors' Picks,Headlines,Nation | Read More »

Arroyo lauds Aquino for PH growth but there’s a rub

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Former President Gloria Macapagal-Arroyo. AP FILE PHOTO

Call it faint praise, but former President Gloria Macapagal-Arroyo on Friday commended President Benigno Aquino III, her former student in economics at Ateneo de Manila University, over the 6.8-percent growth in the country’s gross domestic product in the fourth quarter of 2012.

Posted: February 2nd, 2013 in Editors' Picks,Headlines,Latest News Stories,Nation,Nation,Photos & Videos | Read More »

Aquino lukewarm on charter change

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President Aquino.  AP FILE PHOTO

Pres. Benigno Aquino III is still unconvinced that the Philippines should overhaul its Constitution to boost the country’s economic standing.

Posted: January 27th, 2013 in Latest News Stories,Nation | Read More »

PH population to increase by 85%, ‘good for economy’

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The Philippine population will grow by 85 percent in the next six decades, according to a forecast of a United Kingdom-based international accounting and finance firm.

Posted: December 9th, 2012 in Editors' Picks,Headlines,Nation | Read More »

Gov’t sets drive to clean Metro of soot

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The government plans to modify the diesel engines of jeepneys and other public utility vehicles (PUVs) plying Metro Manila streets in a bid to reduce soot or “black carbon” emissions. INQUIRER FILE PHOTO

The government plans to modify the diesel engines of jeepneys and other public utility vehicles (PUVs) plying Metro Manila streets in a bid to reduce soot or “black carbon” emissions.

Posted: December 2nd, 2012 in Latest News Stories,Nation | Read More »

Economy, new models seen to boost BMW sales

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THE Philippines’ positive economic outlook has fueled sales for luxury car brands in the country particularly BMW. “This year we are looking at more growth in terms of the number of units we sell. We are very positive we can surpass the number last year,” said Glen Dasig, Asian Carmakers Corporation (ACC) executive director for [...]

Posted: September 20th, 2012 in CDN - Enterprise,Cebu Daily News | Read More »

Palace credits gains to people’s trust in President

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Presidential spokesperson Edwin Lacierda PHOTO/INQUIRER

Malacañang welcomed the “significant gains” in the country’s global competitiveness.

Posted: September 6th, 2012 in Latest News Stories,Nation | Read More »

Sustained growth in the second quarter

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The Philippine economy grew by 5.9 percent in the second quarter of this year, up from 3.4 percent recorded in the same quarter last year. With the recorded 6.4 percent growth in the first quarter, overall growth in the first half of the year was a respectable 6.1 percent. With these, it is more likely [...]

Posted: September 5th, 2012 in CDN - Opinion,Cebu Daily News | Read More »

Overly optimistic

According to some government economists, the country’s economy has been growing steadily in the past few months that it won’t be long before the overseas Filipino Workers (OFWs) decide to return and stay here for good.   But the closure of a Lexmark inkjet supply plant in Lapu-Lapu City’s economic zone which is seen to [...]

Posted: August 30th, 2012 in CDN - Opinion,Cebu Daily News | Read More »

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