Promoting Entrepreneurial Revolution
PHL poised to grow by 5-6% in 2012
It was published today at PDI that according to the Pres of ADB by Pres. Hiruhiko Kuroda that PHL economy is poised to grow between 5 and 6% in 2012 He described PHL economy to be robust and strong fundamentals. PHL economy grew by 3.l % in 2011. compare that with 0.5% of Eurozone and l.2% of USA.
Asia Region Growth to Average 7%
While there are worldwide concerns that affect slowdown in exports, performance in Asian region could average 7 to 7+%.. Phil must address its infrastructure issues as telecom, water and electricity if it must sustain its growth.
Yesterday the PHISIX breached for the first time the 5,000 mark.
What do these thing mean for the PHL entrepreneurs?
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