Industrialize PH with China investments, solon urges
Inquirer.NET (October 24, 2016)
Bayan Muna Rep. Carlos Isagani Zarate on Sunday said new Chinese investment in the Philippines should ensure technology transfer to propel the country to industrialization.
Weavemanila connects Philippine weavers to international market through Manila FAME
Business Mirror (October 23, 2016)
ANN Hernandez’s abaca carpets are not for the stingy. Their creations, all handmade and transported straight from the Philippines’s abaca capital, Albay, are sold almost twice as expensive as most of the natural floor coverings in the market, like sisal or jute.
Now who would buy such luxury from a two-year-old start-up enterprise?
Moody’s raises PH 2016 GDP forecast
The Manila Times (October 19, 2016)
Moody’s raised its 2016 growth forecast for the Philippines as it expects spending from both the government and consumers to remain robust.
The Southeast Asian economy will probably rise 6.5 percent this year, the debt rater said in its latest credit note released Tuesday. In July, Moody’s had said the domestic economy may expand 6.2 percent in 2016.
DTI chief: PH-China deals to create 2M jobs
The Manila Times (October 22, 2016)
Property sector continues to grow
Business Mirror (October 18, 2016)
The Philippine property sector is expected to grow in the next six years, as economic indicators have shown that the country has solid macroeconomic fundamentals.
“We are doing fundamentally well. The Asian Development [ADB] and the World Bank have been reminding us that we are going to continue to grow,” Leechiu Property Consultants (LPC) CEO David Leechiu said in a media briefing held on October 12 in Makati City.
Taiwan to invest P5B more in PH
The Manila Times (October 20, 2016)