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Neda: 7% growth in 2010 sustainable AMID the uncertainties seen lingering for the rest of the year, the National Economic and Development Authority (Neda) remains confident that it is possible for the country to sustain a 7-percent growth this year. ... Cai Ordinario, BusinessMirror, 28 May 2010 Another VAT hike? THERE is word that the government is under pressure from the big bad guys across the ocean to raise taxes again, given the record deficit that the current administration is leaving behind to the incoming president. As of last March, we were doing far... Cielito Habito, Philippine Daily Inquirer, 23 May 2010 Tax relief laws scheduled to take effect The Bureau of Internal Revenue is preparing for the possible drop in tax collection in the second half as several laws providing tax relief come into effect.BIR Commissioner Joel Tan-Torres said that while the tax bureau has been able to consistently... Michelle V. Remo, Philippine Daily Inquirer, 23 May 2010 H2 growth slow ECONOMISTS believe that growth will actually slow down from an expected strong first half of the year because of election spending. A new president and government will not cut it. ... Cai Ordinario, BusinessMirror, 11 May 2010 Higher infra spending, cash-transfer expansion eyed Infrastructure spending by the government is seen to hit 10.1 percent of the total economic output for the year as it moves to address the lack of infrastructure that is lowering the attractiveness of the country to foreign investors.... Albert Castro, Malaya, 7 May 2010 Pinoy seafarer deployment, remittance flow unaffected by global trade decline, says PIDS study In the last three decades, international labor migration has helped shape the Philippine economy. It is considered an enduring feature of Philippine development.In their study titled Philippine International Labor Migration in the Past 30 Years: Tre... , United Filipino Seafarers, 5 May 2010 `Deficit per se not a problem` A LARGE national budget deficit is not necessarily something to worry about if future economic growth is sufficient as indicated by a high investment rate and full revenue collection, but with first-quarter revenues also in deficit and investments a... Cai Ordinario, BusinessMirror, 9 May 2010 Agenda Folder for the Next President EVEN if many people have become cynical about the future of politics and democracy in this country, Filipinos still view the elections as a fresh start. They indubitably have high hopes and great expectations after a new president is elected. The e... Cai Ordinario, BusinessMirror, 8 May 2010 Filipino Expat Workers Younger, Better Educated than Homeland`s Workers Filipino migrant workers overseas tend to be younger and better educated than their counterparts in their homeland, a study by the Philippine Institute for Development Studies (PIDS) found. They also tend to be women. ... , New America Media, 7 May 2010 Migrant workers` profile changing — PIDS The profile of Filipino migrant workers has, altogether changed and improved over the years, a study conducted by the Philippine Institute for Development Studies (PIDS) showed.... , Manila Bulletin, 7 May 2010
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