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Industrial revenue growth accelerates in 4th quarter
INDUSTRIAL REVENUE in the fourth quarter of 2016 grew at its fastest pace in two years, the Philippine Statistics Authority (PSA) said in a report yesterday.In its latest Quarterly Economic Indices report, the PSA said the gross revenue index, a measure of sales generated by companies across all industries, increased by 9.4% in the final three months of last year, up from 5.9% in the same period of 2015, and the strongest growth since the 10.1% in the third quarter of 2014.The PSA ascribed the latest figure to faster revenue growth in r... Investors flock to Subic, Clark
MANILA, Philippines - Foreign and local investors continue to flock to the Clark-Subic area ahead of upcoming big-ticket projects by the Subic Bay Metropolitan Authority (SBMA) and Bases Conversion Development Authority (BCDA). Advertisement Powered By YuMeSBMA chairman Martin Diño said his agency intends to develop a 3,000-hectare expansion project to be known as Subic 2.“We will develop a 3,000-hectare project, similar to the size of Makati, which will be our answer to Clark Green City,” Diño said.“This will crea... PH development plan to complement SDGs
The government is working on a roadmap that will tie in the United Nations’ Sustainable Development Goals (SDGs) with the country’s own medium to long term progress plans.“The government aims to bring development planning to the next level by considering the interplay of economy, society, and environment,” National Economic and Development Authority (Neda) Undersecretary Rosemarie G. Edillon said in a statement, adding that the planned roadmap “will enable the country to maximize the current economic momentum” prescribed under t...
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IRO Message
The newly approved Philippine Development Plan (PDP) 2017-2022 is now available for download at http://iro.ph/article_doc/fc55bc53_PDP-2017-2022-Prepublication-2.pdf. The first medium-term plan to be anchored on a national long-term vision, or AmBisyon Natin 2040, the PDP 2017-2022 represents the collective vision and aspirations of Filipinos for themselves and for the country.

The PDP al...
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