PH economy to grow even faster for 2018, 2019 — ADB

Published by rudy Date posted on May 6, 2018

There is no way but up for the Philippine economy.

Experts at the Asian Development Bank (ADB) voiced optimism that the Philippines will remain on a solid growth path, with indicators pointing to even faster expansion over the next two years.

ADB sees growth logging 6.8 percent this 2018 and 6.9 percent by next year, which will take off from 2017’s 6.7 percent.

“There’s even further room for the Philippine economy to grow,” Ramesh Subramaniam, ADB Director General for Southeast Asia, said in a statement.

Rising labor productivity plus inceased investments in manufacturing and technology are fuelling more buoyant economic activity for the Philippines, he added.

Technology is also the main focus of ADB’s annual meeting from May 3-6 in Manila, where thousands of government, private sector, and civil society delegates gathered for sessions on inclusive growth and development.

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!

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Time to support & empower survivors. Time to spark a global conversation. Time for #GenerationEquality to #orangetheworld!

October –

   

Monthly Observances:

Industry and Commerce Safety Month 

National Statistics Month 

Local Government Month 

Consumer Welfare Month 

Cooperative Month

National Quality and Productivity Improvement Month 

National Health and Wellness Tourism Month
National Indigenous Peoples Month

 

Weekly Observances:

Week 1: Elderly Filipino Week 

Week 2: National Health Education Week 

Local Government Week 

National Mental Health Week 

October 17-23:

National Week for Overcoming Extreme Poverty 

October 18 – 24:

United Nations Week 

Last Week:

Nurses’ Week 

Consumers’ Protection Week 

Week of the 4th Sunday:

Barrio Farmers’ Week

 

Daily Observances:

First Monday (Oct 4): Universal Children’s Day i
n the Philippines 

Oct 5: National Teachers’ Day 

Oct 10: Local Government Day 

Third Thursday (Oct 14): Conflict Resolution Day 

Oct 21: Tenants’ Emancipation day 

Oct 24: United Nations Day 

Oct 29: National Indigenous People’s Thanksgiving Day

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