Showing posts with label GIR. Show all posts
Showing posts with label GIR. Show all posts

Monday, November 15, 2021

Reasons to be confident about the business external environment

Every generation needs a revolution - an entrepreneurial revolution




                                                   vs. China






Important developments for Philippine Economy

1.   Its Gross International Reserve (GIR) tops $`100 billion  on account of higher gold prices.  No need to worry much on the P11 trillion debt ($220 billion debt)

2.  7.1 % GDP growth for the third quarter  vs 12% for the second quarter (Quite robust)
     This boosted the PSE and made the peso stronger.     The year to date is about 4%


We can breathe with sigh of relief.