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IDC

Government to revive Industry Development Council by...

5 July, 2013 at 11:29

The national government aims to have the Industry Development Council (IDC) up and running by the first quarter of 2014, according to the

Arangkada Philippines is a comprehensive advocacy paper intended to share recommendations leading to the creation of $75 billion in new foreign investment, 10 million jobs and over one trillion pesos in revenue for the Philippine economy within this decade. In an increasingly interlinked and competitive world, accelerating growth is an imperative, not a choice. The Joint Foreign Chambers of Commerce in the Philippines (JFC) estimates that, to achieve these results, the country must focus on more rapid development of the Seven Big Winner Sectors and move twice as fast! [ Read more ]

GDP, 2013	7.3% growth
GDP, 4Q 2013	6.5% growth
GDP Per Capita, 2013	$2,587
Exports, 2013	7.2% to $75.8B
Exports, Jan. 2014	-4.7% to $4.38
FDI Inflows, 2013	20% to $3.86B
Poverty Rate, 2012	22.3%
Population, 2012	96.71 million
Classification (WB)	Lower Middle Income

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