Three major Philippines business groups are confident that the stunning performance of the economy in the first quarter of the year will prompt President Aquino and his economic advisers to institute more reforms that will benefit the country. “What that [first-quarter economic performance] gave businessmen is hope. We have become hopeful that changes are already …
Category: News
News Items
May 01
Philippines Achieves First Ever Investment Grade Bond Rating – April 2013
A UKTI Report from the British Embassy Manila. An earlier-than-expected upgrade for the Philippines given by London-based Fitch Ratings. This was not unexpected and represents an important milestone rather than a break in the trend or end point. But, for the Philippines, important and historic recognition of the economic progress it has made. The change …
Mar 17
Philippines growth out ranks UK growth for Hairbyus
Hairbyus.com is a UK headquartered business which has recently launched its services on a global basis. The Philippines growth out ranks UK growth by at least a margin of 50% reflecting the Philippines national interest in all things to do with hair. Registrations to the free Hairbyus website are increasing in both the UK and …
Mar 05
Philippines Government may open more business areas to foreigners
According to the Philippines local newspaper and agency PhilStar (The Philippine Star), the government is revisiting its list of businesses prohibited to foreign investors but notes that the revisions will not include lifting constitutional restrictions on foreign equity and foreign professionals. The country’s top economic managers headed by Finance Secretary Cesar Purisima, National Economic and …


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