Philippine Government Cuts Growth Forecast
Claus Vistesen (August 20th, 2008) Writes:
Augusto Santos, food, Gary Teves, Gloria Arroyo, Gross Domestic Product, Peso, Philippine government, Philippines, The Philippines, USD
Claus Vistesen (August 20th, 2008) Writes:
Claus Vistesen (August 10th, 2008) Writes:
Claus Vistesen (August 6th, 2008) Writes:
Higher annual inflation rates were registered in all the commodity groups except in the fuel, light and water index. The overall annual inflation rate for food alone further climbed to 18.6 percent in July from 17.4 percent in June. Higher year-on-year inflation was noted in rice at 50.0 percent in July up from 43.0 percent in June; corn, 40.6 percent from 34.3 percent; cereal preparations, 17.6 percent from 16.6 percent. But the National Statistics Office pointed out that the monthly ...
Claus Vistesen (July 17th, 2008) Writes:
Fuel prices in the Philippines have risen every week since April and rice costs have jumped 70 percent this year - the Philippines is the world's biggest importer of rice and buys almost all of its oil from abroad. Bangko Sentral increased its 2008 inflation estimate to a range of 9 percent to 11 percent today, from a previous prediction of 7 percent to 9 percent, citing a weak peso and higher food, transportation and energy costs. GDP growth probably accelerated to 5.6 percent in the ...
QualityStocks (June 20th, 2008) Writes:
IndieMV Media Group, Inc. (OTCBB: IDMV) today announced that they will begin their Asian expansion by going through the Philippines as an entry point. This decision was primarily based on the fact that a newly appointed board member, Sherwin Lim, has already established numerous business contacts and social networks in the Philippines. The company intends to use these contacts and networks as an opportunity to capitalize on possible marketing opportunities within the Philippines, and later throughout much of Asia.
“With the Philippines being one of the fastest growing Internet and Mobile phone users in Southeast Asia, we feel strongly that using the Philippines as our entry point into the Asian marketplace would provide a stable and viable footing for our expansion into the rest of Asia,” Mr. Lim explained.
In a 2007 PricewaterhouseCoopers study, it was estimated that Asia’s digital music industry exceeded $4.2 billion. Internet users in China …
Fred Fuld (June 12th, 2008) Writes:
Aaron Katsman (June 5th, 2008) Writes:
Claus Vistesen (March 12th, 2008) Writes:
Claus Vistesen (February 12th, 2008) Writes:
Claus Vistesen (February 5th, 2008) Writes: