Philippines

Displaying 1153 - 1158 of 1164
The government's budget deficit stands at $893m in the first six months of 2007, exceeding the programmed ceiling by $211m. Global ratings agency Fitch projects that, excluding government assets sales, the deficit could hit $2.7bn, 1.9% of GDP, by the end of the year - well over the 2007 target of $1.3bn, 0.9% of GDP.
President Gloria Macapagal-Arroyo has pledged to make education a priority for the remaining three years of her presidency by investing in human capital.
Cebu, the second largest city in the Philippines, has been working hard to highlight the city's trade and industry opportunities, particularly in information technology and business process outsourcing.
With booming numbers of tourists pouring into the country, the Philippines is keen to exploit this sector further to create jobs and revenue.
At the beginning of May the Philippine biofuels act came into force, giving the country a boost in its drive to switch to alternative, eco-friendly fuel sources.
After allegations of fraud dominated the 2004 elections, all eyes were on the elections this May 14 to see how they would play out.

Covid-19 Economic Impact Assessments

Stay updated on how some of the world’s most promising markets are being affected by the Covid-19 pandemic, and what actions governments and private businesses are taking to mitigate challenges and ensure their long-term growth story continues.

Register now and also receive a complimentary 2-month licence to the OBG Research Terminal.

Register Here×

Product successfully added to shopping cart