Part 4 News: General Business Environment

Arangkada Philippines is a comprehensive advocacy paper intended to share recommendations leading to the creation of $75 billion in new foreign investment, 10 million jobs and over one trillion pesos in revenue for the Philippine economy within this decade. In an increasingly interlinked and competitive world, accelerating growth is an imperative, not a choice. The Joint Foreign Chambers of Commerce in the Philippines (JFC) estimates that, to achieve these results, the country must focus on more rapid development of the Seven Big Winner Sectors and move twice as fast! [ Read more ]

GDP, 2012	6.6% growth
GDP, 4Q 2012	6.8% growth
GDP Per Capita, 2011	$2,370
Exports, 2012	7.6% to $51.994B
Exports, Feb. 2013	-15.6% to $3.741
FDI Inflows, 2012	9.8% to $2.03B
Poverty Rate, 2012	22.3%
Population, 2011	94.85 million
Classification (WB)	Lower Middle Income

Wind projects in Ilocos Norte, Rizal get DOE certifications
Bangko Sentral seeks rescue package
A generation of Young Turks enters Senate
Business group sets legislative agenda
Net FDI up 127.1% to $436 M in Feb
The Grim Reality Behind the Philippines’ Economic Growth
PCCI: PHL credit upgrade ‘useless’ if unemployment, poverty persist

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