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.

March –
IT’S WOMEN’S MONTH!

“Respect and support women
every day of the year/s!”

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!

 

Monthly Observances:
Women’s Role in History Month
Weekly Observances:
Week 1: Environmental Week;
   Women’s Week
Week 3: Philippine Industry and “
   Made-in-the-Philippines Products Week
Last Week: Protection and Gender-Fair Treatment
   of the Girl Child Week
Daily Observances:

March 8: Women’s Rights and   
   International Peace Day;
   National Women’s Day
March 4: Employee Appreciation Day
March 15: World Consumer Rights Day
March 18: Global Recycling Day
March 21: International Day for the Elimination
   of Racial Discrimination
March 23: International Day for the Right to the Truth
   Concerning Gross Human Rights Violations
   and for the Dignity of Victims
March 25: International Day of Remembrance of the
   Victims of Slavery and the Transatlantic Slave Trade
March 27: Earth Hour

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