Tag: economy

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Forty five years ago, a Filipino exile in San Francisco by the name of Alex Esclamado started publishing a newspaper out of his garage. Esclamado and his family had fled the Philippines to escape the oppression of the martial law regime of the late President Ferdinand Marcos.

Esclamado, as part of the overseas Filipino anti-Marcos movement, initially named his paper The Manila Chronicle, which was in fact one of the major Philippine newspapers shut down by the regime. Later he would ren... Read More

4th Quarter 2007
PHILIPPINE economy SOARS TO 7.4% GDP GROWTH
Posted 31 January 2008 In an environment of benign inflation, low interest rates and a strong peso, the Philippine economy sustained its impressive streak of lofty growths that started in the first quarter of the year. Fourth quarter growth of GDP stood at 7.4 percent from 5.5 percent last year, propelled by the robust performances of Trade, Agriculture and Fishery, Private Services, Construction and TCS, with the res... Read More