Displaying all posts for Economy

Subic-Clark Expressway opens

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By FRED M. ROXAS MABALACAT, Pampanga — President Arroyo and a convoy of officials travelled from Clark to Subic yesterday through the Subic-Clark-Tarlac Expressway (SCTEx) as part of the soft opening of the newly constructed Subic- Clark segment of the 94-kilometer highway.

RP’s Economic Miracle: For Good and For God

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By Willy E. Arcilla – Their heroic act not only unlocked the vaults of hidden wealth, but triggered a shockwave of nuclear proportions throughout government – members of the Cabinet, the Senate, the Congress, AFP, PNP, even corruption-riddled agencies like the BIR, BOC, DPWH, CHEd, Deped, GOCCs up to the Read more »

Peso surges to 42 level as USD slumps

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Reuters The Philippine peso surged to a seven-year high on Friday as the U.S. dollar extended its decline to hit new lows after Fed Chairman Ben Bernanke’s grim view of the economy.

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