Economists hike 2011 forecast; cite healthy prospects

Published by rudy Date posted on December 7, 2010

THE ECONOMY could grow by a higher 5.0-5.5% next year, research firm GlobalSource Partners, Inc. said in a new report where it adjusted its 2011 forecast from 4.7% previously.

“With continued robust growth of overseas workers’ remittances, still very strong corporate earnings, a benign macro environment, and high business confidence and trust in the new administration, we are now looking at 5%-5.5% growth in 2011,” economists Romeo L. Bernardo and Margarita D. Gonzales said in a report dated December 3.

Last month’s Treasury yields free fall, meanwhile, is expected to correct but “our bet is they will stay in a low-level zone for the near term, likely below 5% for the next couple of years, drifting upwards only when public and private investment activity kick into high gear to warrant an adjustment,” they said.

August 12 –
International Youth Day

“Empowering youth,
building generations!”

 

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

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

August –


Aug 1-7 World breastfeeding week

Aug 9 – International Day of the World’s Indigenous Peoples

Aug 12 – International youth day

Aug 19 – World humanitarian day

Aug 23 – International Day for the Remembrance of the Slave Trade and Its Abolition

 

Monthly Observances:

Farms Safety Month 

Breastfeeding Awareness Month

 

Weekly Observances:

Aug 17-23: Made in the Philippines
Product Week
Aug 29-Sept 5: Rice and Corn Week


Daily Observances:

Aug 1: Family Planning Day 

Aug 9: National Indigenous Peoples Day 

Aug 12: International Humanitarian Law Day

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