Nomura: Philippines’ Growth Prospects Vindicated

A Nomura Holdings Inc. research note indicated recently that the promise for a continued economic growth for the Philippines will remain true, a vindication of earlier local and foreign experts’ upbeat growth  assessments of the state of the country’s economy that is seen to expand at the second-fastest pace in Asia afer China. Japan-based Nomura’s […]

More Japanese Investments to Philippines Seen

Sumitomo Coporation, the Japanese firm that operates and develops industrial parks, raved about the country’s attractive tax incentives, as well as the Philippines’ rich competitive workforce skilled in conversing using the English language as keys of the stronger than ever exporting potential of the nation. The Star’s columnist, Boo Chanco noted of the wide attention […]

Philippines’ less dependence on foreign funds praised by Moody’s

The Philippine government’s less reliance on foreign funds to support its operations reflects liquidity in its domestic economy and reduces exposure to foreign exchange risks, according to the latest report from Moody’s Investors Service. Among other emerging markets in Asia, the Philippines was praised by Moody’s for their “low dependence on foreign-currenty-denominated external financing.” In […]