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  1. #391

    Default Re: PH is now Asia's strongest-performing economy, says expert


    Quote Originally Posted by SioDenz View Post
    wa pa jud naghuman ang mga experts diri ug analyze sa economy?
    Quote Originally Posted by bleedingboi View Post
    sagdi na sila bro. Basin pa diay naa sila commission ani.
    OT: @SioDenz & @bleedingboi, para ra na sa mga maghunahuna ug makasabot. Adto mo sa humor kay naa didto ang para inyo.
    Last edited by eezychair; 10-01-2012 at 11:38 AM.

  2. #392

    Default Re: PH is now Asia's strongest-performing economy, says expert

    Quote Originally Posted by eezychair View Post
    OT: @SioDenz & @bleedingboi, para ra na sa mga maghunahuna ug makasabot. Adto mo sa humor kay naa didto ang para inyo.
    Ohh? naay sad diay ka pang huna huna?

    Posting Sources from internet nya angkonon dayun nga imung analysis doesn't make you anybody. Puro rana imu kinopya sa internet imung gipang yaw yaw nya kana imung analysis kunuhay mga idea na sa uban expert imung gipang kopya. Cge raman gani kag post ug links. Wa man gani ka naka conduct ug imung kaugalingon study. Huna-huna sa imung mata, huna huna guro ug pangopya ug idea or anlysis

    Nagdako lang nang pag hipokrito nimu bro

  3. #393

    Default Re: PH is now Asia's strongest-performing economy, says expert

    ^^ OT: Tan.awa usab akong mga posts ug mao ba ang imong pag.describe. Mao lagi na ba, basta walay ikatampo sa discussion, atakehon ang nag.post. Typical.
    The best defense for your position regarding the current administration is a good defense, not personal offenses against those who do not agree with you which only makes you a fanatic/zealot rather than a knowledgeable and educated supporter.
    Last edited by eezychair; 10-02-2012 at 07:16 AM.

  4. #394

    Default Re: PH is now Asia's strongest-performing economy, says expert

    Philippine underemployment worst since 2006 - ADB - InterAksyon.com

    This news item again highlights the need for government to focus and pay attention to the manufacturing sector inorder to generate more jobs. This is acknowledged by The socio economic planning secretary.

    Excerpts from the article:
    "Despite solid economic growth, job generation remains inadequate, reflected in rates of unemployment and underemployment," Neeraj Jain, ADB country director for the Philippine said, adding that the incidence of poverty remains high at 26.5 percent compared with 26.4 percent in 2006 and 24.9 percent in 2003.

    Socioeconomic Planning Secretary Arsenio Balisacan admitted that the big challenge for the Philippines is to address underemployment, which remains "quite high."

    " I think the industry, the manufacturing sector has to be revived because that's where most of the good quality employment," Balisacan said.

    Balisacan said the economy has to create jobs at a rate faster than the rate of increase in the labor force and population.
    Last edited by eezychair; 10-04-2012 at 10:03 AM.

  5. #395

    Default Re: PH is now Asia's strongest-performing economy, says expert

    ^ Pwede nimu butangan ug OT imu post?tnx

  6. #396

    Default Re: PH is now Asia's strongest-performing economy, says expert

    Quote Originally Posted by PaYaSo View Post
    ^ Pwede nimu butangan ug OT imu post?tnx
    The article talks about SOLID ECONOMIC GROWTH which is an acknowledment of the thread title, and further states the need to look at the manufacturing sector to sustain it. How can that be OT? I'd have obliged if this was your thread, but it's not so you're out of line there.
    Last edited by eezychair; 10-04-2012 at 10:08 AM.

  7. #397

    Default Re: PH is now Asia's strongest-performing economy, says expert

    Growth forecast raised

    GROWTH FORECASTS for many developing Asian countries have been trimmed by the Asian Development Bank (ADB), with the Philippines among the few expected to see an improvement this year amid continued global woes.

    “The forecast for GDP (gross domestic product) growth this year is raised to 5.5%, taking into account the higher-than-expected outcome in the first half and a more moderate growth projected for the second half,” the ADB said of the Philippines in its updated Asian Economic Outlook 2012.

    The new estimate is up from the 4.8% announced in April and compares to the government’s 5-6% target. Actual gross domestic product (GDP) growth was 6.1% as of the first half, up markedly from 2011’s 3.7% result.

    Norio Usui, the ADB’s senior economist for the Philippines, told a briefing yesterday that “robust private consumption and a rebound in government spending in the first half supported the Philippine economy.”

    The government spent a total of P768.403 billion in the first semester, up by 14% from the same period last year, latest data show.

    “Modest inflation and remittances from overseas Filipinos kept private consumption afloat,” Mr. Usui added.

    ADB Country Director Neeraj Jain, who had flagged a possible GDP outlook upgrade in July, yesterday warned that state spending would likely slow for the rest of the year, saying: “One can’t have the same public spending in the second half.”

    The ADB, meanwhile, kept its 2013 projection for the Philippines at 5%, pointing to a contraction in net exports.

    “The major factor on the 0.5% difference [between the forecasts for this year and the next] is that net export will be lower. Imports will outpace exports as exporters increase their stock,” Mr. Usui said. “The base effect on public expenditure driving growth will also be gone.”

    While the Philippine economy will “maintain its strength” overall, the ADB economist said: “The government should find ways to provide quality jobs for all Filipinos.”

    “The growth is strong, but industries like manufacturing must be strengthened in order to provide jobs especially for the poor and not qualified in the service and outsourcing sector,” Mr. Usui explained.

    “Generating better jobs and reducing poverty remain key challenges.”

    Sought for comment, University of the Philippines economist and former Budget secretary Benjamin E. Diokno yesterday said, “I agree with ADB’s revised forecast of annual GDP growth of 5.5%. This implies that growth in the second half of the year will be slower than first half’s growth.”

    “Public construction will continue to grow robustly but slower than the first half. For the fourth quarter, base effect would kick in,” he told BusinessWorld in an e-mail, noting that the economy grew by just 3.7% in the last quarter of 2011.

    For developing Asia as a whole, meanwhile, the ADB cut its 2012 growth outlook to 6.1% from 6.9% and the following year’s to 6.7% from 7.3%, noting that a slump in global demand was weighing on powerhouses China and India and on other export-dependent economies.

    Out of 45 countries, 24 had their 2012 forecasts trimmed, 11 were upgraded and 10 were unchanged. China’s GDP growth estimate was trimmed by nearly one percentage point to 7.7% from 8.5%, while that for India was slashed to 5.6% from 7%.

    The euro zone’s unresolved sovereign debt crisis and the United States’ looming fiscal cliff were the biggest risks to the regional growth outlook, with Asia’s most open economies particularly vulnerable to spillover effects, the ADB warned.

    The risk of rapid reversals in capital flows to developing Asia also remained a concern, although the region’s capital markets have not shown excessive volatility, it added.

    Still, most countries in the region have enough room to use monetary and fiscal policy tools if necessary to protect domestic growth, with inflation expected to be slower than earlier anticipated this year and the next, the ADB said.

    The region must brace itself for a prolonged period of moderate expansion after years of rapid growth, the bank said. -- with a report from Reuters

    http://www.bworldonline.com/content....aised&id=59507

  8. #398

  9. #399

  10. #400

    Default Re: PH is now Asia's strongest-performing economy, says expert

    Yey, good news.

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