The Impact Of Typhoon ‘Pablo’ On Domestic Economy, Minimal – NEDA

National Economic and Development Authority (NEDA) Director General, Arsenio Balisacan stressed that the impact of typhoon ‘Pablo’ on the domestic economy will be only minimal, at about 0.3 percent of GDP amounting to P32 billion.

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SB 3123 Aims To Address AMLA Deficiencies By Criminalizing Money Laundering

The Senate approved previous amendments to Anti Money Laundering Act (AMLA) in two tranches, SB 3009 which allows the Anti-Money Laundering Council (AMLC) to look into the bank accounts of suspected money launderers without notifying them and SB 3127 which criminalizes the terrorist financing.

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OTOP Aims To Promote Entrepreneurship & Job Creation In Philippine Countryside

The Department of Trade and Industry (DTI) have aligned the One Town One Product (OTOP) with the various industry clusters to develop innovative and globally competitive enterprises and make them contribute significantly to employment generation and inclusive growth to spur economic development in the country side.

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Global Financial Institutions Depict Rosier Picture For 2012 Philippine Economy

Leading global financial institutions like the Asian Development Bank (ADB), Standard &Poor and Credit Suisse and Bank of America-Merrill Lynch were unanimous in their appraisal on the state of Philippine economy for 2012.

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