Economic growth in the Philippines slowed from 7.6% in 2010 to 3.7% in 2011, and public-private partnerships (PPPs) that would have boosted public spending were delayed. The Aquino administration says that the wait is due to strict anti-corruption measures, and promises that 2012 will see these projects move forward. In the meantime, in late 2011 Aquino unveiled a spending package worth $1.6bn to...
Philippines
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A combination of strong consumer demand, increased state investment and sound monetary policy have combined to put the Philippines’ economy on course for a strong performance this year, leading analysts and financial institutions to revise their growth forecasts upwards to near 5%.
Chapter | BUY ME FOR 1 from The Report: Philippines 2014
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Rising revenues and job creation, backed by new investments, are currently highlighting the surging growth in the Philippines’ business process outsourcing (BPO) segment.
Articles & Analysis | Off the beaten path: Untouched reefs and limestone cliffs draw in adventurers from all over from The Report: The Philippines 2012
Sandwiched between the South China Sea and the Sulu Sea, the island province of Palawan offers a wonderful respite from the busier industrial and commercial centres of the Philippines. The roughly 1780 islands and islets that comprise Palawan are revered for their unmatched biodiversity, while the pristine coastline – measuring about 2000 km –...
Articles & Analysis | Facts for visitors: Some helpful tips for travelling from The Report: The Philippines 2012
SOCIETY & ETIQUETTE: Very few Philippine business customs will surprise anyone accustomed to doing business in the US or other Western markets. Handshakes are standard for both men and women, while the exchange of business cards is fairly informal. However, if meeting with a high-ranking government...