31 Jan '11, 8am

The Philippine economy grew at its fastest pace last year since democracy was restored more than two decades ago,...

MANILA - THE Philippine economy grew at its fastest pace last year since democracy was restored more than two decades ago, expanding 7.3 per cent on the back of a global upswing, the government said on Monday. The growth is a fillip for President Benigno Aquino's new government as it seeks to attract more foreign investment and enable the long under-performing economy to catch up with its fast-developing Asian neighbours, analysts said. The National Statistical Coordination Board said one main reason for the strong performance - coming off growth of just 0.9 per cent in 2009 - was the rest of the world recovering from the global financial crisis. 'The global economic recovery which resulted in record growth rates of foreign trade... contributed to an economic performance in 2010 that well surpassed the government's target of 5.0 per cent to 6.0 per cent,' it said. Extra mo...

Full article: http://www.straitstimes.com/BreakingNews/SEAsia/Story/STI...

Tweets

Philippines posts record economic growth

Philippines posts record economic growth

channelnewsasia.com 31 Jan '11, 9am

MANILA: The Philippine economy grew at its fastest pace last year since democracy was restored more than two decades ago, ...

Money - Taiwan economic growth at 23-year high ...

straitstimes.com 01 Feb '11, 2am

TAIPEI - TAIWAN'S economy grew by 10.47 per cent in 2010, a 23-year high, but it will slow to half that figure in 2011, th...

[TOC] Record investments = Negative wage growth?

theonlinecitizen.com 30 Jan '11, 1am

fact is that cost of living is going up but wage growth remain stagnant or negative for many singaporeans. all these happe...

Record job vacancies last year

Record job vacancies last year

channelnewsasia.com 28 Jan '11, 10am

SINGAPORE : The number of job vacancies rose 36% over the year to 50,200 in September 2010. According to the latest annual...

Indonesia posts 6.1% GDP growth in 2010

channelnewsasia.com 07 Feb '11, 6am

JAKARTA: Indonesia's gross domestic product grew 6.1 per cent last year, officials said on Monday as Southeast Asia's bigg...

China says economy grew 10.3% in 2010

channelnewsasia.com 20 Jan '11, 3am

BEIJING: China said Thursday that its economy grew 10.3 per cent in 2010, marking the fastest annual pace since the onset ...

Novartis posts 18% growth in annual profit

Novartis posts 18% growth in annual profit

channelnewsasia.com 27 Jan '11, 8am

ZURICH : Swiss pharmaceutical group Novartis said on Thursday that its annual net profit grew by 18 percent in 2010 as str...

#Singapore: Record 15,360 job vacancies unfilled: MOM: THE Ministry of Manpower released its annual Job Vacancie...

#Singapore: Record 15,360 job vacancies unfille...

straitstimes.com 28 Jan '11, 10pm

Job-seekers attended the NUS career fair 2011 held at the NUS Sports and Recreation Centre. The number of job vacancies le...

Philippine suspect held over Malaysia abductions

channelnewsasia.com 02 Feb '11, 8am

ZAMBOANGA, Philippines: A Philippine Islamic militant accused of taking part in the 2000 kidnappings of European tourists ...

Citigroup posts first year of profit since crisis

channelnewsasia.com 18 Jan '11, 4pm

NEW YORK: Citigroup announced on Tuesday that it returned to profit in 2010, after a turbulent period for what was once th...