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+ Follow FIRST LADIES JACKIE KENNEDY AND BETTY FORD Tag
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FIRST LADIES JACKIE KENNEDY AND BETTY FORD
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abtest
June 16, 2012 - 12:00am
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The Philippines and Canada have sealed two more defense cooperation deals, giving teeth to the Status of Visiting Forces Agreement (SOVFA) signed between the two countries last year.
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The World Bank has maintained its growth forecasts for the Philippines for this year and the next, despite spillovers from the Middle East conflict.
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Local government units (LGUs) will get a higher national tax allotment (NTA) next year amounting to P1.32 trillion, giving them the budget to bankroll infrastructure and welfare projects, according to the Department of Budget and Management (DBM).
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The Clark Civil Aviation Complex has gained another locator that could build up its profile as a premier aviation investment destination, landing a 25-year lease with a key supplier for aircraft maker Boeing.
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Philippine banks may face weaker loan growth, higher credit costs and lower profitability this year as elevated inflation weighs on the country’s consumption-led economy, according to Fitch Ratings.
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