Dec
18
Outsourcing Issues and News.
Have your weekly dose of professional business information and analyses searched and summarized by Outsourcing Opinions from the world business news agencies and major resource sites.
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Invest in the Philippines, Invest in Growth
Government officials call “Invest in the Philippines. Invest in growth” at the Philippine Economic Briefing Wednesday at Marco Polo Plaza Hotel, Cebu-Philippines.
Director for Region 7, Department of Trade and Industry (DTI 7), Asteria Caberte gave a presentation the country’s strengths amid the economic storm.
Positive growth in the form of 0.8 percent improvement in the third quarter of 2009, a resilient financial system, foreign reserves and a stable peso as cited by Moody’s Investors Service are among the Philippines’ strengths that show investment stability and growth potential. Read more here
Optimistic Outlook in the Philippines
In related news, according to the results of the most recent monthly survey of the members of the Management Association of the Philippines (MAP), business executives in the Philippines have regained their confidence, despite recent series of natural calamities, shown through a 67% solidarity believing that there’s no where to go but up.
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Emerging Asian Economies will lead Recovery next year
According to the International Monetary Fund’s World Economic Outlook, the global output is expected to grow by 3.1 percent in 2010, with much of the recovery driven by emerging economies in Asia, such as India and China. Read more here
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