Author Topic: Blooming Economy of the Philippines  (Read 1597 times)

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RichPoorDad

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Blooming Economy of the Philippines
« on: April 23, 2012, 05:44:05 PM »
Blooming Economy of the Philippines

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UBS Investment Bank on Tuesday revised its Philippine economic outlook, saying the Southeast Asian nation would likely post 7.3 percent in terms of growth in gross domestic product for the year because of stronger-than-expected performance in the first half.

"The Philippine economy bounced into the first half of 2010 at a greater pace than we expected. We revise our 2010 real GDP growth forecast up to 7.3 percent (previously 5.5 percent)," UBS economist Edward Teather said in a report in the Southeast Asian Focus, called Philippines: Sweet Spot.


http://www.gmanews.tv/story/200469/ubs-revises-2010-rp-growth-forecast-to-73


Mukhang blooming na ang economy ng Pilipinas... kelangan talaga magkayod.!!! Go Pres Noynoy.. seryosohan na dapat ito.
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Blooming Economy of the Philippines
« on: April 23, 2012, 05:44:05 PM »

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GreenMoney

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Re: Blooming Economy of the Philippines
« Reply #1 on: April 23, 2012, 05:44:52 PM »
Blooming Economy of the Philippines

Quote
UBS Investment Bank on Tuesday revised its Philippine economic outlook, saying the Southeast Asian nation would likely post 7.3 percent in terms of growth in gross domestic product for the year because of stronger-than-expected performance in the first half.

"The Philippine economy bounced into the first half of 2010 at a greater pace than we expected. We revise our 2010 real GDP growth forecast up to 7.3 percent (previously 5.5 percent)," UBS economist Edward Teather said in a report in the Southeast Asian Focus, called Philippines: Sweet Spot.


http://www.gmanews.tv/story/200469/ubs-revises-2010-rp-growth-forecast-to-73


Mukhang blooming na ang economy ng Pilipinas... kelangan talaga magkayod.!!! Go Pres Noynoy.. seryosohan na dapat ito.


oo nga narinig ko din ditos a balita

Since back to normal na ulit lahat lahat... ano ano mga plano nyo career and professional ?

PinoySpecialist

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Re: Blooming Economy of the Philippines
« Reply #2 on: April 23, 2012, 05:45:28 PM »
Sayang sana tinanggap ko na yung offer ng Coke...

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Coca-Cola to invest $1 billion in RP
NEW YORK – Coca-Cola Co. said Tuesday it will spend $1 billion in the Philippines over the next five years to expand its presence in the fast-growing market, another step by the world's largest beverage company to focus more on emerging markets.

Coca-Cola will focus on boosting marketing and improving its delivery capabilities in the country. Coca-Cola said its operations in the Philippines have seen strong growth on the back of several new products during the first half of 2010.

Coca-Cola and rival PepsiCo Inc. have been boosting their international markets as overseas economies expand. The companies can sell more drinks as people have more disposable income as those emerging markets improve.

The moves also buffer weakness in the domestic market. Drinkers in the U.S., Europe and other developed markets have been tapering their purchases of soft drinks and other beverages in the weak economy. They're also shifting to juices and teas for health reasons.

Last month, Pepsico said it would invest $250 million in Vietnam in the next three years in both its food and beverage businesses. In May the company said it would invest an additional $2.5 billion in China in the next three years, in addition to the $1 billion investment it announced in 2008 and plans to complete this year.

The push announced Tuesday by Coca-Cola marks the second such effort this year by the Atlanta-based company to expand its business in the Asia-Pacific region. In March the company said it would spend $300 million to boost its presence in Malaysia.

"This investment is a proof point of our strong commitment to the Philippines, our confidence in the prospects of the Filipino economy and the continued growth of a broader and more affluent middle class in the Philippines," said Glenn Jordan, president of Coca-Cola Pacific Group. The investment was announced during a visit of Philippines President Benigno Aquino Jr. to the United Nations General Assembly in New York.

Coca-Cola employs more than 7,800 people in 23 plants and 42 sales offices in the Philippines. It is currently building a bottling facility in Misamis Oriental that will be one of the largest plants in the region when it begins operations next year, the company said.

In the last six months Coca-Cola has launched a new energy drink and a green-tea beverage and said it plans to expand its "Minute Maid" line of pulps and juices.

Coca-Cola has been present in the Philippines since the beginning of the 20th century and has been locally produced since 1912. The Philippines received the first Coca-Cola bottling and distribution franchise outside North America, and its bottling operation is among the 10 biggest Coca-Cola bottlers globally.

In late morning trading, shares of Coca-Cola rose 27 cents to $58.87. Shares of Pepsi rose 24 cents to $66.61. - AP

WorldPerksPH

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Re: Blooming Economy of the Philippines
« Reply #3 on: April 23, 2012, 05:46:03 PM »
how about this recent news...

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The Philippines said yesterday it had sold $200 million worth of 10-year global bonds as part of a $4.45 billion effort to improve government finances.

The government also offered to swap $2.24 billion worth of 2021 bonds for holders of bonds maturing between 2011 and 2017, and $950 million of 2034 bonds for securities maturing between 2019 and 2031.

The bonds will yield 4.091 percent.

Finance Secretary Cesar Purisima said he was pleased with the outcome of the exercise.

“This is another achievement for the government as we go full speed with our plans to effectively manage our government’s financial liabilities,” he said in a statement.


http://www.philstar.com/Article.aspx?articleId=616734&publicationSubCategoryId=66


Check it here.

Click the image to learn more...

CorporateCorps

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Re: Blooming Economy of the Philippines
« Reply #4 on: August 19, 2016, 11:17:46 AM »
currently there's a news na above 6% ang growth rate under Duterte Administration much better right?


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Re: Blooming Economy of the Philippines
« Reply #4 on: August 19, 2016, 11:17:46 AM »

 

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