Philippine exports of coconut products rose by 47% to 1.62 million metric tons (MT) in January-September, 2013, from 1.09 MT in 2012, with earnings for the nine-month period reaching $1.205 billion from $1.167 billion in the same period last…
Moody’s Analytics estimates that the Philippine economy grew by 7 percent in the third quarter due to robust local demand. This will put growth in the first nine months at 7.4 percent, one of the fastest in Asia for…
An improved supply of copra and an increased demand abroad have seen Philippine coconut oil exports rise by 49 percent in the first nine months of the year according to the United Coconut Association of the Philippines (UCAP). The…
The Philippines is among the 10 best economies that carved inroads in making it easier to do business in the past year, improving its ranking by 30 places in the World Bank Group’s “Doing Business” report released Tuesday. In…
MANILA, Philippines–International debt watcher Moody’s Investor Service has upgraded the country’s sovereign credit rating to “investment grade,” citing the economy’s resilience in the face of volatility in financial markets due to its healthy growth prospects. “It’s about time,” National…
The domestic economy accelerated in the second quarter of 2013 to 7.5 percent from 6.3 percent recorded the previous year boosting the 2013 first semester growth to 7.6 percent from 6.4 percent in the first half of 2012. The…
Manila is bucking the global pressures of the eurozone debt crisis and the slowdown in China. The Philippines is the only nation whose expected growth has been raised by the International Monetary Fund, rather than revised down, IMF Chief Christine Lagarde noted while…
