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WEBPhilippines’ growth outlook clouded by inflation risks. THE Philippines is likely to continue its stable growth trajectory in the medium term, although inflation and elevated interest rates remain major risks to this outlook, analysts said.
Philippines may benefit from new globalization
WEBFebruary 11, 2021 | 12:32 am. THE PHILIPPINES could benefit substantially from the ongoing massive shift in global trade, with the services sector likely to see the most gains, the Asian Development Bank (ADB) said. While the coronavirus pandemic and lockdowns disrupted global economy and trade, the ADB said Asia should adopt stronger trade ...
Filipino students falling behind in reading, writing levels in ...
WEBDec 3, 2020 · Majority of Grade 5 students in the Philippines had a reading pro fi ciency level equivalent to that in the first years of primary school, with 27% of the students still at the level (the lowest in band scale of 2 and below to 6 and above) where they can only “match single words to an image of a familiar object or concept.”. Only 29% of grade 5 learners in the country are at the level ...
The economic legacy of Marcos - BusinessWorld Online
WEBMar 6, 2022 · The most fervent of Marcos’ supporters will refer to his two-decade-long administration as being a “golden age” for the Philippine economy. They highlight the growth during the martial law years: From 1972 to 1981, the country grew at an average rate of 5.71%. But from 1965 to 1985, the country’s real …
Improving the country’s healthcare reach and efficiency
WEBJan 31, 2022 · With the UHC law, every Filipino citizen is automatically enrolled in the National Health Insurance Program. Also, the report noted, the law calls for enhancing the effectiveness of health insurance by the major inflow of extra resources to health insurance from restructured sin taxes, as well as for improving local health systems and health infrastructure by means of extra resources to health ...
BPO Philippines: A shift to higher value services
WEBDec 23, 2021 · The Philippines’ success as a BPO haven has seen it emerge as a global leader in providing value-added business processes and outsourcing services in the last twenty years. The country is ranked second overall in the world as an outsourcing destination, and number one for voice-related services. With the rise of AI however, BPO companies in ...
Top 1000 Corporations in the Philippines - BusinessWorld Online
WEBSep 4, 2023 · Part of what makes Top 1000 a reliable source that the Philippine business community awaits each year is the rigorous and thorough methodology the publication utilizes in every issue.. The financial data used in the magazine, both for the parent companies and conglomerates, are gathered from stock corporations’ audited financial statements (AFS) that were submitted to the Securities and ...
Philippine mining: A contributor to economic recovery
WEBFeb 24, 2021 · The Philippines leads the world in chromite resources as well. “Despite our enormous mineral resources, the contribution of the mining industry to the economy remains minuscule. As of last year, the share of the mining output to GDP (gross domestic product) was a mere .06%. It contributed only 1.2% to …
Powering up Philippines’ renewable ambitions with rooftop solar
WEBNov 9, 2021 · Rooftop solar could offer a valuable path to expand on national renewable energy capacity and could be a valuable tool in achieving the Philippines’ renewed ambition of achieving over 37% share of renewables in the power mix by 2030. Solar rooftop installations could also deliver other potential benefits for the Philippines, particularly at a ...
A long-awaited revival - BusinessWorld Online
WEBAug 11, 2021 · FOR 25 years, the moldering art deco Metropolitan Theater was just a landmark for commuters to use when getting around the city of Manila. Now, for the first time since its closure in 1996 and after numerous attempts at restoration, the theater will reopen its doors to the public this year. Inaugurated on Dec. …
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