MANILA, Philippines – The Institute of Chartered Accountants in England and Wales expects the Philippine economy to be the fastest growing in Southeast Asia next year.
The group said the Philippines will grow over 6.4 percent in 2015, citing the country’s low budget deficit and slowing inflation.
This would mean the Philippines regaining its number one spot in the region.
In the third quarter, the country was just the third fastest growing economy in Southeast Asia, as growth was dragged by weak government spending. The Philippines posted 5.3 percent GDP growth in the third quarter, behind Malaysia’s 5.6 percent and Vietnam’s 6.2 percent.
However, ICAEW says the Philippines needs to build more infrastructure to support the country’s accelerating growth.
The government has said it wants to fast track building and awarding much-needed infrastructure projects, but most of them are usually caught in delays.
The Aquino administration has awarded 8 PPP projects since 2013. – ANC
September 18 –
International Equal Pay Day
“Increase wages now,
more than other cost items.
For widespread, practical equality!”
Invoke Article 33 of the ILO Constitution
against the military junta in Myanmar
to carry out the recommendations of the 2021 ILO Commission of Inquiry
against serious violations of protocols of
Forced Labour and Freedom of Association.
Accept the National Unity Government (NUG)
of Myanmar. Reject Military!
#WearMask #WashHands
#Report Corruption #SearchPosts #TakePicturesVideos
September –
5 Sept – Intl Day of Charity
7 Sept – Intl Day of Clean Air for Blue Skies
8 Sept – International Literacy Day
12 Sept – United Nations Day for South-South Cooperation
15 Sept – International Day of Democracy
16 Sept – International Day for the Preservation of the Ozone Layer
17 Sept – World Patient Safety Day
18 Sept – International Equal Pay Day
21 Sept – International Day of Peace
26 Sept – International Day for the Total Elimination of Nuclear Weapons
27 Sept – World Tourism Day
28 Sept – International Day for Universal Access to Information
29 Sept – International Day of Awareness of Food Loss and Waste
30 Sept – World Maritime Day
Monthly Observances:
Health, Safety and Sanitation Month
National Clean-up Month
Civil Service Month
National Peace Consciousness Month
Social Security Month
Rule of Law Month
National Teachers’ Month (Sept 5-Oct 4)
Weekly Observances:
Sept 17 – 23:
World Clean and Green Week
Week 2: Education Week
Week 4: Medicine Week
Last Week: National Family Week
Daily Observances:
Third Saturday:
International Coastal Clean-up Day
Third Monday: World Health Day
Last Friday: National Maritime Day
Sept 8: National Literacy Day
Sept 15: Philippine Medicine Day
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