MANILA, Philippines - Asian Development Bank officials told Business Nightly on April 6 that business optimism, a turnaround in the agriculture sector, and focus on infrastructure investments are behind the multilateral agency's projection of a 5% economic growth for the Philippines this year.
Filipinas have seen their hold on senior management positions slip, with the Philippines losing first place in a Grant Thornton global survey. The country was ranked fourth, tied with Hong Kong, in the accounting and consultancy organization's International Business Report that ranked 39 economies.
MANILA, Philippines - Initial results of the latest Family Income and Expenditure Survey put the Filipino family’s average income and spending in 2009 at an annual P206,000 and P176,000, respectively.
MANILA, Philippines - Business optimism is surging and has approximated the level prevalent just before the onset of the global economic downturn in 2008.
MANILA, Philippines - While 39th in the Institute for Management Development (IMD)’s 2010 list of 58 economies was the Philippines’ best performance since its inclusion over a decade ago, the result was still short of the top third placing local authorities claimed could be achieved by 2010.
MANILA, Philippines - The Philippines emerged as one of the economies most hit by various Internet-based threats last year, the latest Symantec Internet Security Threat Report released over the weekend showed.