Europe-PH News

Arangkada: How the Philippines can Double Its Growth Rate

June 30, 2011

Nick Legaspi

Europe-PH News

The Philippines has grown so slow for so long a time, millions of its people are poor, jobless and hungry, that it would need to "move twice as fast" to eliminate poverty, create jobs and catch up with its faster-growing neighbors.

"Catching up and keeping up is an imperative, not a choice," says a joint report of seven chambers of the Joint Foreign Chambers of the Philippines representing more than 2,000 members.

The report, titled Arangkada Philippines 2010: A Business Perspective, points out: "The Philippines has lagged for too long, losing competitiveness, despite its immense potential and location in the fastest growing region with 60% of the global population."

[Please click the download button above to read the complete article.]

Source: BizNewsAsia; News; 29 June 2011

  • Europe-PH News

  • March 18, 2024

    Milestone Achieved: ECCP Celebrates Restart of EU-Philippines FTA Negotiations

    Manila, Philippines – The European Chamber of Commerce of the Phil... Read More

  • March 15, 2024

    ECCP representatives participate in Asia Sustainability Week, bringing insights to race to Net Zero Philippines

    On March 11 to 13, the ECC... Read More

  • March 14, 2024

    Mazars C-Suite Barometer 2024

    With insights from around 800 executives across 30 countri... Read More