The fragile state of the world economy, coupled with the relentless turmoil in Syria and the rocky fallout from the Arab Spring, dominated discussions during this year’s annual gathering of the global elite at Davos, leaving many participants uneasy about what lies ahead as they left for home Sunday.
Pres. Benigno Aquino III is still unconvinced that the Philippines should overhaul its Constitution to boost the country’s economic standing.
President Benigno Aquino sees the Philippines, the world’s largest importer of rice, attaining full self-sufficiency and even turning into an exporter before this year is over.
Malacañang welcomed the “significant gains” in the country’s global competitiveness.
Malacañang expressed elation over the findings of the World Economic Forum whose Global Competitiveness Report for 2011-2012 saw the Philippines rising 10 spots from 85th last year to 75th this year. Presidential spokesman Edwin Lacierda said the report cited the country for its improved national savings, managed inflation, low-interest rate environment, lower debt-to-GDP ratio, and [...]
