Tags: Philippine economic growth

Bulatlat.com The 7.9% growth in gross domestic product (GDP) is welcome at least for appearing to be mainly driven by domestic investors, according to research group IBON. Net foreign capital inflows in the first five months of 2010 were earlier reported to be 68% lower than in the same period last year. However, the group…

Addressing members of political parties in Cordillera, Mrs. Gloria Macapagal-Arroyo once again declared that the Philippines will be among the world’s richest in 20 years. Government statistics, however, belie claims of economic growth. BY LYN V. RAMO Northern Dispatch Posted by (Bulatlat.com) Volume VIII, No. 24, July 20-26, 2008 BAGUIO CITY (246 kms north of…