CALAX OPENS GROWTH

FOR the longest time, the Calabarzon area located in the southern portion of Metro Manila, was regarded as one of the country’s top contributors to the Philippine economy in terms of manufacturing and real estate.

However, in recent years, the Calabarzon region experienced a series of downturns in its economy. Economic growth in in the region slowed in 2014 to 5.1 percent from a 6.7 percent growth rate in 2013.

And while Calabarzon’s growth rate bounced back slightly to 5.8 percent in 2015, it had performed “moderately” in terms of economic growth, posting a 4.8 percent growth in…

Read more: CALAX OPENS GROWTH

BRIGHT ECONOMIC OUTLOOK

DESPITE all the problems besetting the country, such as the threats brought by terror groups like Maute and Abu Sayyaf especially in Mindanao, as well as the continuing destabilization moves by some sectors opposed to the current regime, outlooks are still pretty bright in the economic front.

Credit therefore must be given to the efficient leadership of President Rodrigo ‘Digong’ Duterte and his economic managers who have been doing a remarkable job in keeping intact the country’s economic prospects.

 

Job Opportunities

Aside from fighting criminals and lawlessness, ranking high in the agenda of the Duterte administration is creating a…

Read more: BRIGHT ECONOMIC OUTLOOK

WB funds $99.3M agri projects

By Mico Agustin

TO improve farmers’ competitiveness and make their products more accessible to their intended markets, the World Bank has shelled out around $99.3M to partly finance projects that would support the said initiatives.

In a statement, WB confirmed that they already approved the said amount to fill in the $231M Inclusive Partnerships for Agricultural Competitiveness (IPAC) project by the Department of Agrarian Reform (DAR).

The program is expected to benefit some 300,000 farmers and farm workers in 44 provinces across the country, which will support the efforts of farmer organizations to improve productivity and the quality of…

Read more: WB funds $99.3M agri projects

MINDANAO SOLUTION

The Land of Promise.

That is how the early settlers described the island of Mindanao which is famed for its rich and abundant natural resources.

Unfortunately, several centuries had already passed but the promise of Mindanao as land of peace and prosperity for its people remains just that: a promise.

 

Star- Crossed Island

Despite its huge chance to become one of the most progressive, if not the most progressive, region in the entire Asia, the star- crossed island has remained backward politically and economically.

It has failed to live up and continuously fails to live up to its potentials…

Read more: MINDANAO SOLUTION

BPI GLITCH

BEING the country’s oldest bank is not a guarantee of stability and security. 

This after the Bank of the Philippine Islands finds itself with misfortunes generated either internally (in its system) or externally from political clients. 

Its latest misfortune involved a glitch that happened recently which caused its numerous depositors/clients to panic, although no massive withdrawals or bank run was reported that day.

 

Hackers’ Favorite 

BPI seems to be a favorite of hackers for its ATM machines, which is why those transacting with BPI are advised to exert extra care in using the ATM machines and to…

Read more: BPI GLITCH

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