Philippines News
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PHILIPPINES, 2017/09/16
Philippine President Rodrigo Duterte appears committed to improving the country's infrastructure as part of economic reform plans, and that could bring about huge opportunities for businesses, Jaime Augusto Zobel de Ayala, chairman and CEO of Ayala Corporation, told us.
"They really feel very keenly about making a major contribution in that sector and they're allocating budgets accordingly to be able to push that," Zobel de Ayala said of the Duterte government.
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PHILIPPINES, 2017/09/16
Philippine President Rodrigo Duterte appears committed to improving the country's infrastructure as part of economic reform plans, and that could bring about huge opportunities for businesses, Jaime Augusto Zobel de Ayala, chairman and CEO of Ayala Corporation, told us.
"They really feel very keenly about making a major contribution in that sector and they're allocating budgets accordingly to be able to push that," Zobel de Ayala said of the Duterte government.
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AFGHANISTAN, 2017/09/09
Destinations worldwide welcomed 598 million international tourists in the initial six months of 2017, some 36 million additional than in the same period of 2016. At 6%, increase was well above the trend of recent years, making the current January-June period the strongest half-year since 2010.
Visitor numbers reported by destinations around the world reflect strong request for international travel in the initial half of 2017, according to the new UNWTO World Tourism Barometer. Worldwide, international tourist arrivals (overnight visitors) increased by 6% compared to the same six-month period last year, well above the sustained and consistent trend of 4% or higher increase since 2010. This represents the strongest half-year in seven years.
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NORTH KOREA, 2017/08/03
Philippine President Rodrigo Duterte on Wednesday described North Korean leader Kim Jong Un as a "fool" and a "son of a bitch", just days before Manila hosts an international conference certain to address Pyongyang's long-range missile tests.
Duterte held nothing back in rebuking Kim for "playing with dangerous toys", setting the stage for next week's rare get-together, to be attended by foreign ministers of all the nations involved in the standoff on the Korean peninsula.
North Korea is determined to develop a nuclear-tipped missile capable of hitting the United States and officials in Washington said Saturday's test of an intercontinental ballistic missile showed it may be able to reach most of the country.
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PHILIPPINES, 2017/07/08
The major Moro rebel group in the southern Philippines has declared its support for a “fatwa” against violent extremism before declared by a senior Islamic religious leader in Mindanao.
A statement by the Moro Islamic Liberation Front (MILF) released on July 4 said it “fully endorses and supports such edicts without fear and reservation.”
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PHILIPPINES, 2017/05/28
In this interview with The Worldfolio, Mr. Ernesto M. Pernia (PhD), Secretary of Socioeconomic Planning at the Philippines’ National Economic and Development Authority, speaks about efforts to bring about development and better social inclusion and the ‘0-10 point’ socioeconomic schedule.
On May 9th of 2016, president Rodrigo Duterte was elected with additional than 39% of the vote giving him a 15-point victory over the second best performing candidate. While a lot of western media were caught offside by the landslide victory, the people of the Philippines truly believe in the message of social inclusiveness, economic decentralization and social order; as shown by his 91% approval rating in a little while next the election. What is your take on the election results and what are the major drivers behind it?
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CHINA, 2017/04/07
The Philippines and China have re-established direct talks for the initial time in six years to discuss security and trade issues, the Philippines' top diplomat said Tuesday.
Philippine Acting Foreign Secretary Enrique Manalo said the biggest fruit of President Rodrigo Duterte's visit to Beijing in October last year was the re-opening of the lines that pave the way for direct consultations between the two nations.
"I think one of the benefits that have arisen from the president's visit last October is that we have restored various mechanisms to talk to China, not only on trade but as well on political and security issues," Manalo told a forum in Manila.
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AFGHANISTAN, 2016/12/11
A university education may expand your mind. It will as well fatten your wallet. Data from the OECD, a club of rich nations, show that graduates can expect far better lifetime earnings than those without a degree.
The size of this premium varies. It is greatest in Ireland, which has a high GDP per chief and rising inequality. Since 2000 the unemployment rate for under-35s has swelled to 8% for those with degrees – but to additional than 20% for those without, and nearly 40% for secondary school drop-outs. The country’s wealth presently goes disproportionately to workers with letters next their names.
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PHILIPPINES, 2016/11/24
In recent years, the Philippines, with the diplomatic and political support of the United States, has been a leading challenger of China’s historical and territorial claims in the South China Sea. But in an unprecedented turn of events, President Rodrigo Duterte has changed tack, challenging the Philippines’ long-standing alliance with the US while engaging and openly accommodating China as its new partner of choice.
This has led a lot of observers to conclude that the Philippines has pivoted towards Beijing at the expense of its time-honoured relations with Washington. But looking beneath the surface suggests that the recent major strategic realignment is a classic domestic–foreign policy issue linkage rooted in US disapproval of Duterte’s anti-drug war that has left thousands dead.
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PHILIPPINES, 2016/09/30
The Philippines topped the recent statement entitled "Increase Outlook of ASEAN Economies to Diverge in 2016 and 2017." The Philippines is expected to grow faster than its neighbor economies for this year and the next. The country's GDP is expected to grow by 6% at the least as per Moody’s.
This upward shift in economic performance is projected to have a direct result on the property sector. With an increased ability for development and investment , it is expected that it will be highly favorable for companies to expand their efforts across the country and equally as favorable for consumers as additional real estate options, from home and lot properties to condominiums for sale become available.
