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 […]

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