MANILA, Philippines - The Philippine economy would post a 5.7 percent growth rate in the first quarter of 2012, a leap from the 3.7 percent annual growth in 2011 or less than half of the 7.6 percent expansion rate in 2010, a former presidential economic ...

That makes agriculture, according to the Food and Agriculture Organization, "an important driver of the Philippine economy." Actually, agriculture’s contribution to the Gross Domestic Product (GDP), including forestry and fisheries, was a poor 14 percent in 2005.

Legazpi City: The Philippine economy will post a 5.7 percent growth rate in the first quarter of 2012, a hefty leap from the feeble 3.7 percent annual growth in 2011 which was less than half of the respectable 7.6-percent expansion in 2010. Gov.

MANILA, Philippines — The Philippine economy is expected to sustain its growth momentum in 2012 as the government would accelerate public expenditures and pursue programs and projects designed to improve resiliency to typhoons and disasters. While the ...

Extreme weather and natural calamities like Tropical Storm “Ondoy” and Typhoon “Pedring” have cut down the country’s economic growth in past years, according to the vice chair of the Climate Change Commission (CCC). The Philippines needs to adapt ...

The Philippine economy grew at a slightly higher pace in the last quarter of 2011, as buoyant consumer spending and a surge in public construction helped offset the effects of typhoons and weak global demand that slowed expansion in many exporting nations ...

MANILA, Jan. 30 (Xinhua) -- The Philippine economy slowed to 3.7 percent in 2011, dragged down by lower government spending, declining exports and slack farm growth. "Amidst the obstinate exogenous economic woes, the government underspending on ...

Enrico Tanuwidjaja, a senior currency analyst in Singapore at Malayan Banking Bhd., comments on the outlook for the Philippine economy and currency. The peso gained 0.1 percent to 42.835 per dollar as of 9:25 a.m. in Manila. The Southeast Asian ...

Paderanga pointed to the financial crisis in Europe, as well as sluggish growth in the United States, as continued major threats to the Philippine economy. But he said the government, having implemented its anti-corruption reforms, should be ...

The Philippine economy, as measured by the gross domestic product (GDP), was estimated to have grown between 3.6 and 4 percent in 2011, according to the National Economic and Development Authority (NEDA). In the fourth quarter alone, GDP grew faster than ...