Ad Majorem.....Wealth Builders
From Good News Pilipinas | January 31, 2013
Nouriel Roubini, a famed Global economist hailed and praised the PHL economy. PHL is expected to achieve 6.6% growth vs world economy which he predicted conservatively to grow only at 3%. This he said in a forum sponsored by First Metro Investment Company.
Roubini is known to be prophet of doom and he predicted the 2008 collapse of capital markets
He attributed PHL performance to govt efforts and and sophisticated private sector.
The opportunities for PHL are tourism, outsourcing and foreign remittances.
PHL would have to invest more in infrastructures, and human capital in order to attract more foreign investments. In the future, fdi would play a greater role in robust growth of the PHL
How do you react to this news?
Are Filipinos really better of now?
Do we have more income, jobs, and better quality of life?
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