MANILA, Philippines – The Philippine financial system had remained resilient from all external shocks in 2013, thanks to the country’s strong economic fundamentals.
MANILA, Philippines – A new trend has been set in the country’s tourism industry this year, despite a number of natural calamities that caused tourism authorities to doubt if they could meet the five million foreign tourists arrival target for 2013.
MANILA, Philippines – The past year was generally a good one for the Philippine economy. Growth continued to be among the fastest in the region. And the country won investment grade status for the first time – a vote of confidence in a nation once dubbed as the sick man of Asia.
The year 2013 had been a busy year for the energy sector as it had to deal with the perennial problem of tight energy supply. Energy Secretary Carlos Jericho Petilla, indeed, had quite a hectic year with the Mindanao power crisis, the spiraling oil prices, the tight supply in liquefied petroleum gas (LPG), the power…