PH Poverty Incidence down to 21.6% in 2015

povertry-philippines-2015

The Philippine Statistics Authority have reported that the country’s poverty incidence has decreased to 21.6%. It was 25.2 percent in 2012 and 26.3 percent in 2009. This number is based on higher employment percentage, stable income and low inflation. The 21.6% data means that there are 1.4 million less poor Filipinos this year than inRead More

The Philippines delivers on growth

Stefan Wagstyl August 30, 2012 FT.COM The Philippines is keeping pace with its southeast Asian neighbours. Following robust second quarter GDP growth figures from Malaysia, Indonesia and Thailand, Manila on Thursday posted an increase of 5.9 per cent year-on-year for the three months to June – beating the 5.5 per cent consensus forecast. It wasRead More