Economy
PH joins list of Next 11 Emerging Markets
MANILA, Philippines - The Philippines has been included in the roster of the so-called Next 11 Emerging Markets but has lagged behind other countries in terms of investments, according to PhilDev trustee Winston Damarillo.
Paderanga quits NEDA
MANILA, Philippines (3rd UPDATE) - Socio-Economic Planning Secretary Cayetano Paderanga Jr. has resigned from the National Economic and Development Authority (NEDA), a Palace official said Saturday.
Asean in good shape, says ADB economist
Manila, Philippines - The Association of Southeast Asian Nations (Asean) remains in good shape and offers “great opportunities” for growth over the next few years, Asian Development Bank (ADB) chief economist Changyong Rhee said.
US jobs growth slows, spells trouble for economy
WASHINGTON (Reuters) - Employers cut back on hiring in April and more people stopped looking for work, troubling signs for President Barack Obama whose re-election prospects could hinge on his handling of the economy.
S&P: Euro crisis impact on Phl banks moderate
Manila, Philippines - New York-based Standard & Poor’s Ratings Services said banks operating in the Philippines are moderately exposed to the impact of the sovereign debt crisis in Europe.
Asia prodded to invest in infrastructure, people
MANILA, Philippines - Asian economies are set to grow faster than those of developed countries but governments should invest more in infrastructure and their people to enable countries in Asia to respond properly to their changing role, Finance Secretary Cesar Purisima said on Thursday.
More families say they are poor - survey
Mas tumaas ang bilang ng mga pamilyang Pilipino na nagsabing sila ay mahirap, ayon sa bagong SWS survey. Sa kabila nito, kumpiyansa ang mga bigating business leaders at policy makers sa Asya sa napipintong paglago ng ekonomiya ng bansa. Magba-Bandila si Dominic Almelor. Bandila, Mayo 3, 2012, Huwebes
Shoal dispute affects Zambales fisherfolk
Habang tumatagal at hindi nareresolba ang tensyon sa Scarborough Shoal, dumadaing na ang mga mangingisda sa Zambales sa matinding dagok nito sa kanilang kabuhayan. Pinagbabawalan kasi silang pumalaot kaya apektado na ang lokal na ekonomiya na umaasa sa pangingisda. Magba-Bandila si Atom Araullo. Bandila, May 2, 2012, Miyerkules