ADB: Economic Development must be felt by the Masses

SUBIC BAY FREEPORT – The Philippines needs to ensure that economic development be felt by the masses, said an economic expert during the Asian Development Bank (ADB) Economic Forum held here on September 4 at the Lighthouse Marina Resort.
Norio Usui, ADB senior country economist, said that in order to fully enjoy the economic growth that the country is experiencing, key policy challenges should be discussed so that the Philippines can embark on a sustainable and inclusive growth. Usui said that although the Philippines has a very strong services sector in the form of business process outsourcing (BPO), “it is not sufficient to address development challenges to inclusive growth.” He noted that the services sector’s labor demand is only one percent of the total labor force and is biased towards the relatively skilled workers, thus leaving the majority of the labor force underutilized. He said that the country should develop the industrial sector, since it can help create more job opportunities for the growing labor force.
Subic Bay Metropolitan Authority (SBMA) Chairman Roberto Garcia, who also spoke during the forum, shared this view and added that inclusive growth is critical now that foreign economies are moving to Asia.
“It appears that with the present situation now in Europe and America where the economies are very bad because of the Spanish and the Greek crises, they are now really looking at Asia,” he said. Garcia also noted that the country is enjoying a very stable economic growth, something that the Philippines has not experienced for a very long time. He attributed this to the good governance of the present administration. “It’s a very good time for the Philippines,” Garcia asserted. “As I’ve always mentioned, I think the main reason why the foreign investors are very interested in the Philippines now is because they perceive the new administration under President Aquino as a very stable one, a very transparent one,” he added. However, Garcia said that this development should shift down to the masses, otherwise it would be meaningless. “How can you sustain a growth rate constantly increasing? There is a lot of pressure; there are a lot of factors that come into that,” Garcia also said. “So are we just looking into a temporary situation wherein the Philippines is on the upswing, or are we going to expect a clash with foreign economies? We must consider these things,” he further noted.
The forum was attended by SBMA officials and representatives of locator companies in the Subic Bay Freeport Zone.
http://subicbaynews.net/?p=3002
Enjoyable place for traveler to hang out near Manila for family bonding is Clearwater Beach Resort

Highly recommended summer vacation destination outside Manila is Clearwater Beach Resort in Clark, a safe and convenient tourist spot that offers natural ambience for visitors to enjoy the outdoors with no stress.

Holy Week gives hard-working Manila residents a break from the stressful life at work. Many residents of Manila decide to go out of town to the North, to Subic, Angeles City, Pampanga and Clark Philippines in search for a peaceful and tranquil lake and beach resort hotel for the family to spend some quality time together.

Manila residents travel out of town to the north to relax and unwind in a good resort in Pampanga that is suitable for family bonding. One of the best resorts in Pampanga is Clearwater which is located in Clark. This resort in Pampanga offers good picnic spots near Manila.

Family bonding is a regular activity in the Philippines for families living in cities like Cebu and Manila where residents experience a lot of stress from work. Many choose to travel out of town to the north for family bonding in a resort in Pampanga. Clearwater Resort is the most popular destination for family bonding as well as team building because it offers over 10 exclusive venues for events and gatherings. This resort is Pampanga is highly recommended by event organizers and trip advisories for family bonding, company outings, retreats and team building near Manila.

Philippines Travel Guide just unveiled recommendations and tips for Holy Week and Easter Holidays in Philippines. The report covers highly recommended resorts and hotels in North Luzon, nice getaway destinations for families with children, safe and convenient place for tourists to relax and unwind, good restaurants, resto bars, pubs and fine dining establishments in Pampanga, frequently visited places as well as historical sites in Angeles City, Pampanga, Clark Philippines.

The best getaway destination vacation spot near Manila is the safe and accessible private resort Clearwater Beach Resort in Clark Pampanga, a 13-hectare property with lake, beach, picnic grounds and small number of cottages. Parents enjoy a good round of golf in one of the best golf courses in Pampanga while children enjoy the outdoor picnic facilities of the best hotel near Manila, Philippines.

Clark is already a popular destination for golfers from Manila. Clark Freeport offers some of the best golf courses in Pampanga and outshines many golf clubs and golf courses elsewhere in the Philippines.

For inquiries and bookings, Please click here to contact Clearwater Resort for inquiries and reservations now

Clearwater Resort and Country Club, Clark Pampanga
Creekside Road near Centennial Expo,
Clark Freeport, Pampanga Philippines 2023
(045) 889-5151 0917-520-4403 0922-870-5177
Joanne or Jeremy or Loydha

Getting to this lake and beach resort in Pampanga Angeles City Clark Philippines

After entering Clark Freeport from Dau and Angeles City, proceed straight along the main highway MA Roxas, passing the stand-along wine shop called Clark Wine Center on the right, continue to bear right making no turns at all, go past Mimosa Leisure Estate on the opposite side of the road, one will hit a major intersection. Go straight and the road becomes Creekside Road. YATS Clearwater Resort and Country Club is on the right just 200m down.

Family Bonding by the famous lake of Clark Pampanga

http://www.ClearwaterPhilippines.com

Manila Sales Office
3003C East Tower, Phil Stock Exchange Center,
Exchange Rd Ortigas Metro Manila, Philippines 1605
(632) 637-5019 0917-520-4393 Rea or Chay

Email: Inquiry@ClearwaterPhilippines.com

Please click here to contact Clearwater Resort to reserve a venue for your upcoming event now

Wedding couples looking for wedding reception venues and beach wedding venues can log on to this Philippines Wedding Venue web site for free information and assistance:

http://www.PhilippinesWeddingVenue.com

While in Clark, it might be a good idea to enjoy an evening of wine-and-dine in the fine dining Yats Restaurant and Wine Bar that features an award winning 2700-line wine list. It is located in Mimosa Leisure Estate of Clark Freeport Zone. For more information, visit http://www.YatsRestaurant.com

YATS Leisure Philippines is a developer and operator of clubs, resorts and high-class restaurants and wine shops in Clark Angeles Philippines http://www.YatsLeisure.com

While in Clark, one might as well add to the itinerary a visit to the famous Clark Wine Center, the largest wine shop in Philippines which offers over 2000 selections of fine vintage wine from all wine regions, vintages spanning over 50 years covering all price ranges.
http://www.ClarkWineCenter.com

Looking for famous tourists spots, places to visit and see, relax and unwind in Clark, Pampanga, Philippines? You may want to check out these sites also:

http://www.LondonPubClark.com

http://www.HotelClarkPhilippines.com

http://www.ClarkPhilippines.com

http://www.YatsWineCellars.com

For jobs and business investment opportunities in the Philippines please visit http://www.yilp.com

Hot Line for what’s happening in Clark: 045 889-5151 or 0927-940-2669 ask for Loydha

0915-542-6250 (Jeramie)