MANILA - Moody's Investors Service sees continued expansion of the Philippine economy under the Duterte administration, with both the 2016 and 2017 growth forecasts revised upwards to 6.5 percent from six percent previously.
In a report released on Oct. 17, 2016, the credit rater said risks from political and banking system remained “low” while risks from external vulnerability and government liquidity were “very low”.
In the first half of 2016, growth, as measured by Gross Domestic Product (GDP), rose by 6.9 percent, near the higher end of the government's six to seven percent growth target this 2016.
ICT, trade expo kicks off today
The 3-day CyberCentre ICT Trade Expo and Conferences will kick off at 5 a.m. today, with a Water Gun Fun Run at the Negros First CyberCentre grounds in Bacolod City, a press release from organizers said.
The exposition is the brainchild of former Bacolod City Councilor JocelleBatapa-Sigue that aims to showcase local products and services, highlighting achievements in the BPO and ICT industry and promoting tourism in time for MassKara Festival.
The parking lot of the CyberCentre is divided into various areas: The Market, The Business District, The Plaza and The Events Place.
LWUA probe of
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