SkyscraperCity Philippines - Let's Help Build Our Country!

[loui755]

lalo yata me maliligaw nyan!! hello to all newbie lang po

[NICO]

Go, more power

[G_07]

very informative indeed

[dbuzz]

very informative indeed

WELL, HERE'S SOME INFORMATION.

Philippine exports may have grown 7.76 percent in June, at a faster pace than its expansion in the previous month, a GMANews.TV poll of three economists showed.

In May, exports grew by 6.1 percent. The National Statistics Office is set to release the exports data on Friday.

Economists covering the Philippines, however, are divided as to whether the export industry will be able to reach the government target of 11 percent growth in 2007, especially because of weakness of demand from the United States, and the weakness of the dollar against the local currency.

George Worthington, chief economist for the Asia Pacific of IFR Thompson, said he was expecting a 7.3-percent increase in exports in June.

“Electronics exports surprised to the upside in May and if they show strong gains again in June then the outlook for the second half would be brighter," he said.

Worthington, however, doubted that the Philippines will meet the target, noting that demand from the US, the top destination for Philippine products, is more likely to slow.

“To achieve the 11-percent target, exports would need to grow by an average of about 14 percent over the second half which seems unlikely at this point with demand from the US more likely to ease than to expand," he said.

However, ATR Kim Eng regional economist Luz Lorenzo, who gave an export growth forecast of 10 percent for June, said the industry may be able to reach the government target.

"I think it (export industry) will help meet the government's 11-percent annual target. My own 2007 target is closer to 12 percent," she said.

Meanwhile, David Cohen of Action Economics noted that the government may have set the growth target unmindful of the current volatility in the US capital markets.

“It (the forecast) is based upon the healthy trend in global demand experienced through mid-year without the world economic expansion getting derailed by the recent financial turmoil," he said, referring to the volatility in the capital markets owing to the subprime mortgage concerns in the US.

Cohen, who predicted 6 percent growth for the industry in June, said that for the meantime, the government growth target for the industry is still “within reach.

So what will be our next step?...

[wolf]

bump bump bump

[gearhead]

just a suggestion: entrepreneurial spirit helps. something like making the most of every day and realizing we all work together for the goals as a team. try to achieve something on a day to day basis to keep the projects moving. and keep pushing. so we all move forward. just a thought.

[roadrage23]

Sounds good

[bluntman]

Good luck to all involved!

[dubious]

hello to the community!

[dbuzz]

just a suggestion: entrepreneurial spirit helps. something like making the most of every day and realizing we all work together for the goals as a team. try to achieve something on a day to day basis to keep the projects moving. and keep pushing. so we all move forward. just a thought.

Every time I open my mouth I am making a choice: Will I use my power of speech to heal, or will I use my words to hurt?
Germany was so abysmally competitive last year that it ran a record trade surplus and was the biggest exporter of any country in the world.


We know what the Japanese excel at also. In Tokyo and Nagoya there are world-beating companies in the field of electronics, designing the latest consumer gizmos. We know, too, that despite Sony, Panasonic and Mitsubishi, Japan, like Germany, is a country in serious trouble. It, too, has tried to stick its head in the sand and persist with an industrial model that may have worked in the 1960s and 70s but is an anachronism in 2007. Poor, washed-up Japan ran a trade surplus of around £50bn last year as it found a ready market in China for its exports.

And so it goes on. The French have an ultra-competitive manufacturing base that specialises in food and drink; the Scandinavians are a dab hand at mobile phones; the Americans do computers, aircraft and movies; even the poor, benighted Italians have upmarket designer clothes. So what is Britain good at? Where does the UK fit in this world of changing economic geography, in which nations will increasingly concentrate on the things they do best? The answer is simple. We count the money and we do the bullshit. Britain, on the 10th anniversary of Tony Blair's arrival in Downing Street, is a place whose default mode for earning its crust is to employ the gift of the gab. The Germans may have the engineers, the Japanese may know how to organise a production line, but the Brits have the barristers, the journalists, the management consultants and the men and women who think that making up jingles and slogans in order to flog Pot Noodles and similar products is a serious job. It has the deal-makers in the City who make fat fees by convincing investors to launch bids for companies, and the corporate spin doctors who tell former pals in financial journalism that tycoon X will make a better fist at running Ripoff plc than tycoon Y. It has the publishers and it has the "film development" companies, some of which have actually been known to produce a film. The four iconic jobs in 21st-century Britain, according to a thinktank called the Work Foundation, are not scientists, engineers, teachers and nurses but hairdressers, celebrities, management consultants and managers.

we filipinos mostly can talk the talk as what is going now but for God sake!! should we start already?....at least to walk the walk.

well, i agree 101% that the first thing to do is to unite..UNITE dude. like what i stated here before, to be like the ants.