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Array ( [results] => Array ( [0] => Array ( [ArticleID] => 368849 [Title] => WB upgrades RP growth outlook to 5.5% this year [Summary] => The World Bank revised its 2006 growth forecast for the Philippines to 5.5 percent from 5.3 percent, citing recovery in the agriculture sector, steady export growth and strong remittances from overseas Filipino workers.
In its latest twice-yearly growth outlook on East Asia, the bank also upgraded its 2007 gross domestic product (GDP) forecast to 5.7 percent from 5.6 percent, pointing out that the Philippines can withstand a possible slowdown in the US economy.
[DatePublished] => 2006-11-15 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1480108 [AuthorName] => Ma. Elisa Osorio [SectionName] => Business [SectionUrl] => business [URL] => ) ) )
DHAR
Array ( [results] => Array ( [0] => Array ( [ArticleID] => 368849 [Title] => WB upgrades RP growth outlook to 5.5% this year [Summary] => The World Bank revised its 2006 growth forecast for the Philippines to 5.5 percent from 5.3 percent, citing recovery in the agriculture sector, steady export growth and strong remittances from overseas Filipino workers.
In its latest twice-yearly growth outlook on East Asia, the bank also upgraded its 2007 gross domestic product (GDP) forecast to 5.7 percent from 5.6 percent, pointing out that the Philippines can withstand a possible slowdown in the US economy.
[DatePublished] => 2006-11-15 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1480108 [AuthorName] => Ma. Elisa Osorio [SectionName] => Business [SectionUrl] => business [URL] => ) ) )
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By Ma. Elisa Osorio | November 15, 2006 - 12:00am
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President Ferdinand Marcos Jr. on Monday signed a new law that streamlines tax incentives for businesses in the Philippines, including the taxation of companies in special economic zones.
6 days ago
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