Philippines newest billionaires list for 2011 from Forbes

The Philippines’ top 40 richest according to Forbes even grew to a collective $34 billion, up from last year’s $22.8 billion. The Philippines’ economy grew only 4.9% in the  first quarter of the year in part because of a drop  in trade and lower infrastructure spending by  government, off from 8.4% in 2010, but the […]

Philippines 175 years behind in terms of GDP

Most of us in touch with reality know how our country lags as compared to other previously third world countries when we see their infrastructure, political system, economic reaping, etc., but to actually get this figure of 175 years behind from the ADB. wow! It would take nearly two centuries for the Philippines to catch […]

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