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RP economy: one of the brightest spots in the region, says visiting ICC Chair

The Philippines remains one of the economies in the region insulated from the effects of the global economic downturn due to the reforms initiated by President Gloria Macapagal-Arroyo years ago.

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Moody`s affirms the Philippines` positive rating outlook

Singapore, Feb. 13 (PNA) -- Moody`s Investors Service has affirmed the positive outlook on the Philippines` B1 foreign and local currency government ratings and the Ba3 country ceiling for foreign currency bonds and B1 country ceiling for foreign currency bank deposits.

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PGMA urges Filipino and Korean business leaders to help their countries navigate the global crisisvagifem erfaringer zholdbarhed.site vagifem 10

MANILA (PND) --- President Gloria Macapagal-Arroyo has urged Korean and Filipino business leaders to harness their enthusiasm and wisdom to help forge a strong and strategic bond of cooperation for the prosperous future of the Philippines and South Korea.

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Policy Statements from President Gloria Macapagal Arroyo's Speech during the Welcome Reception for the Philippines-Republic of Korea Business Forum Fiesta Pavilion, Manila Hotel, City of Manila, MM February 18, 2009vagifem erfaringer vagifem 25 mg vagifem 10

Governance "The Philippines has weathered the initial global shocks of the world economic crisis quite well because of the painful reform medicine we took several years ago. We took our economic medicine through fundamental economic reform by raising taxes, cutting down on smuggling, reforming our tax collection system and our banking laws and regulations. Our reform moves paid off with revenue for investments in human and physical infrastructure and an economic performance that has seen 36 consecutive quarters of growth over the last eight years, including 8.0 percent GNP growth in 2007 and 6.0 percent GNP growth in 2008." "In parallel, we are also focused on further raising revenues through improvements in tax administration and a public-private sector fund to support the initiatives in the resiliency plan." "We are doing all these to take care of our people during the difficult times with the whole world, but also to ensure that you, the Korean investors invest in the Philippines."

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Invest in RP, Ramos urges foreign firms

Former President Fidel V. Ramos yesterday urged Korean and other foreign companies to invest in the Philippines, saying that even in times of financial crisis, there is opportunity.

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PRESIDENT GLORIA MACAPAGAL ARROYO’S SPEECH DURING THE WELCOME RECEPTION FOR THE PHILIPPINES-REPUBLIC OF KOREA BUSINESS FORUM Fiesta Pavilion, Manila Hotel, City of Manila, MM, February 18, 2009

Thank you, Secretary Favila. Other Cabinet members, Mr. Chang, Don Emilio, Ambassador Choi, other officials of the Philippine government, leaders of the business community --both of Korea and of the Philippines, ladies and gentlemen: To our Korean friends, first of all, welcome to the Philippines! And to Manila Bulletin and the Maeil Business Newspaper, congratulations for organizing this Business Forum.

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As Korean Economy Recovers, Philippine Embassy Intensifies Its Financial Literacy Campaign

9 May 2009 – As the South Korean economy successfully avoids a recession and shows positive signs of bouncing back, Philippine Ambassador to Seoul Luis T. Cruz reports that the Philippine Embassy continues to intensify its Financial Literacy Campaign to overseas Filipinos as one way of enhancing their skills and providing them options when they return to the Philippines.

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PGMA, Korean President hold talks on strengthening Manila-Seoul relationsvagifem erfaringer zholdbarhed.site vagifem 10

Philippine President Gloria Macapagal-Arroyo and South Korea President Lee Myung-Bak yesterday held a bilateral meeting to discuss steps to further strengthen the diplomatic relations between the two countries.

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PGMA exhorts Filipinos in Korea to join RP gov't volunteerism drive

President Gloria Macapagal-Arroyo today exhorted the Filipino community in South Korea to join her administration’s program on volunteerism.

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Korean firms to invest $500-M in RP agricultural projectsvagifem erfaringer vagifem 25 mg vagifem 10

Three South Korean firms have pledged to invest some $500-million worth of agricultural projects in the Philippines. President Gloria Macapagal-Arroyo and Korean President Lee Myung-Bak witnessed the signing of the memorandum of understanding (MOU) on the proposed projects held at the Lotte Hotel here.

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PGMA unveils 'reciprocity' program for OFWs

To “reciprocate” the invaluable contribution of overseas Filipino workers (OFW) to the Philippine economy through their remittances, President Gloria Macapagal-Arroyo today unveiled a P1-billion government assistance program for OFWs displaced by the global economic crisis.

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Let's wait for UN Security Council's decision on North Korea - PGMAvagifem erfaringer vagifem 10 mg vagifem 10

Saying she finds the situation in North Korea “disturbing,” President Gloria Macapagal-Arroyo today called for sobriety and asked the people to wait for the United Nations Security Council’s decision on the issue.

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PGMA pushes RP as best value for investment in the regionvagifem erfaringer vagifem 25 mg vagifem 10

President Gloria Macapagal-Arroyo today pushed the Philippines as the “Best Value for Investment in the Region” and urged Korean businessmen to invest in the country which she said has a “stable (economic) environment.”

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South Korean firm to put up $49-M coconut-based sweetener plant in RPvagifem erfaringer vagifem 25 mg vagifem 10

A South Korean food processing company committed itself to President Gloria Macapagal-Arroyo this morning to put up a coconut-based sweetener manufacturing plant in the Philippines. CJ Corporation (CJC) led by its chairman Kyung Shik Sohn and its president and CEO Jinsoo Kim called on the President at the onset of the 20th ASEAN-ROK Commemorative Summit held at the Shilla Hotel here to personally present to Mrs. Arroyo their “expansion” plan for the Philippines.

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Increased but controlled spending key to maintain RP's economic resiliency – PGMA

President Gloria Macapagal-Arroyo revealed here yesterday her government’s “battle plan” and strategy on how to keep the country’s economic resiliency in the face of the threat of recession confronting the entire world.

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