the Philippines unveil 72 billion-peso ($1.7 billion) Stimulus Package

Asian policy makers are bolstering efforts to protect their economies from weakening global growth, as Indonesia unexpectedly cut interest rates and the Philippines unveiled a stimulus plan.Bank Indonesia lowered its reference rate by a quarter of a percentage point to 6.5 percent yesterday, defying the predictions of all...

Continue reading

Singapore seen - Philippines economy will double by 2020

The Philippine economy may grow 80 percent larger within nine years as anti-corruption efforts build momentum and translate into greater foreign direct investment inflows, according to DBS Group.In a research titled "Asia 2020," the Singapore-based financial service group said that over the coming decade, economic growth will be...

Continue reading

The Philippines Offers the Best Value Investing

Philippines Mining Boom The Philippines will attract $18 billion in mining investments over the next five years as global commodity prices soar.Mining output had already spiked 31 percent year on year in the six months to June to P63.92 billion ($1.48 billion), according to Environment and Natural Resources...

Continue reading

USA will Support the Philippines' Spratly issue but Filipinos - cautious might betray again

A United Nations convention is clear on what constitutes sovereign territory, and the United States is prepared to do whatever is asked of it by the Philippines in connection with the South China Sea / West Philippine Sea dispute, US Ambassador Harry Thomas Jr. said Monday (June 13,...

Continue reading

Net Foreign Direct Investment Inflows surge 142% in March 2011 - Banco Central

The Banco Central Sa Pilipinas / Bangko Sentral ng Pilipinas (BSP) reported  June 9, 2011 that net foreign direct investment (FDI) inflows surged 142 percent in March as equity infusion more than doubled while withdrawals declined.BSP Governor Amando Tetangco Jr. said that net FDI inflows amounted to $167...

Continue reading