Highlight of the Week: Philippines to Showcase Strong Economic Growth

Just like anyone who wants to keep tabs on the local and international news that could affect the stock prices, I like to read online portals and various sources. Therefore, I decided to share with you all the news that may affect you and your trades - directly or indirectly. Thus, the Weekly Highlights.

Manila (Philippine Daily Inquirer/ANN) - Administration officials are optimistic that the Philippine economy will expand by 5 to 6 per cent in 2012, higher than the 3.7-per cent growth posted in 2011.

MANILA, Philippines - The Philippines is set to showcase the country’s steady economic growth amid a low inflation environment as the sovereign debt crisis continued to batter countries in Europe and as the US continued to face economic uncertainties during the four-day Asian Development Bank (ADB) conference next month.

Asian giants must unite to overcome economic issues—ADB
PASAY CITY, METRO MANILA—The three major regions of Southeast Asia, China, and India, must work together for Asia to overcome economic challenges, according to a top executive from the Asian Development Bank (ADB).

MANILA, Philippines - The country’s foreign exchange reserves grew 10.9 percent due to higher valuation of the gold holdings of the Bangko Sentral ng Pilipinas (BSP), as well as robust earnings from the overseas investments of the central bank.

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Win slots to the Steps to Financial Peace Conference by Randell Tiongson. Randell Tiongson, an advocate of Life & Personal Finance, Columnist on Philippine Daily Inquirer and Moneysense Magazine, will speak at the Steps to Financial Peace Conference 2012 on May 18th, 26th and June 2nd in Manila, Cebu and Davao. Guest speakers are Chinkee Tan and Jayson Lo.

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