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.
The World Bank in a report said political considerations, entrenched behavior and a lack of appropriate financing systems are the chief obstacles to environmentally friendly development.
China has previously been one of the fastest-growing economies in recent years.
Japan’s gross domestic product grew by 1.5 percent in the three months to the end of September, as the economy rebounded in the third quarter.
Italy’s economy experienced little growth starting in the late 1990’s, when the country’s manufacturing was overtaken by competitors in Asia.
The Arctic holds one fifth of the world’s undiscovered, recoverable oil and natural gas, the United States Geological Survey estimates.
Indian exports are following a different path from that taken by other Asian countries like Japan, South Korea and China.
Benefiting from years of low interest rate that followed the creation of the euro zone in 1999, Irish economy enjoyed one of the biggest growth spurts in Europe.
Singapore is holding their general election where the present ruling party has been dominating politics in this tiny state since 1965, when it got its independence.
The move to create a government agency to exclusively cater for the needs of Overseas Filipino Workers (OFW) is a welcome development.