Philippines to be a tiger economy: book
Saturday, June 30, 2012
A NEW book tracking the progress of developing countries sees the Philippines joining an elite group of “tiger economies” in the world as a result of reforms and strong leadership of President Benigno Aquino III, Malacanang said on Saturday.
The book “Breakout Nations: In Pursuit of the Next Economic Miracles,” written by Ruchir Sharma, assessed the Philippines as one of the strongest emerging economies in the future where enhanced economic activities are to take place.
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“Now at long last, the Philippines looks poised to resume a period of strong growth. The new President, Benigno ‘Noynoy’ Aquino III, probably has enough support, and looks likely to generate just enough reform momentum, to get the job done. The Aquino name is still virtually synonymous with the promise of change,” Sharma wrote.
Sharma, one of the world’s largest investors in emerging markets for Morgan Stanley, said Filipinos saw Aquino as an honest figure who could deliver on the Aquino mandate for change and that the public was desperate after nine years of drift and decay under former President Gloria Macapagal-Arroyo.
Aquino won the presidency at a time when it seemed that the whole country was in disrepair, he said, adding the President is delegating power to competent technocrats and seems to understand what needs to be done to get the country move forward.
In a recent Wall Street Journal report, the publication sees the Philippines having clear signs of being seen as one of the most resilient economies in a troubled global economy particularly as a result of the European crisis.
In a supplement entitled “Asia’s Euro Risk: How Asia Will Fare if Europe Cracks?,” the Wall Street Journal said only four economies were projected to have the strength to weather a European economic and financial crisis, namely Australia, China, Indonesia and the Philippines.
While other countries bear the brunt of the European fall out, these countries have deep government pockets that provide a buffer to economic shocks, the publication said.
“The Philippines is better prepared than in the past to withstand a downturn with a stronger government balance sheet and a robust domestic economy. Foreign reserves are high enough to fight capital flight,” according to WSJ’s brief assessment of the Philippines.
Singapore, Malaysia, Thailand and Vietnam are among the Southeast Asian countries affected by a euro meltdown because of their high dependencies on European trade and greater exposure to European banks, WSJ said.
The Philippines had the second highest per capita income in Asia during the 1960s, next only to Japan. In the 1970s, South Korea and Taiwan overtook the Philippines in terms of per capita income. Other Asian neighbors like Malaysia, Thailand, China and Indonesia followed during the succeeding decades.
http://www.sunstar.com.ph/manila/local-news/2012/06/30/philippines-be-tiger-economy-book-229518
Some of the good resorts in Pampanga offer beautiful outdoor picnic grounds that can be used for prenuptial pictorial and wedding photography. Wedding pictures can be taken in one of the beautiful resorts near Manila for a wedding album. Special packages and discount offerings for wedding photography, prenuptial pictorial and other photo-shoot are available at this popular wedding venue in Pampanga. In fact, Clearwater Resort is one of the best resorts in Pampanga that is lauded for its good outdoor garden wedding reception venues. Visitors to Clark and Angeles City Pampanga seldom pass up the opportunity to relax and unwind by the lake of this popular resort in Pampanga.
Most of the time, nightlife in Philippines Angeles City includes a visit to a good bar in Clark Pampanga. This bar in Clark is very different from bars and restaurant elsewhere. This bar is high class, clean and cozy, even better than the bars in Manila and of course much better than all the bars in Angeles City, Subic and others in Pampanga Clark Freeport Zone.
Does anyone else get tired of the girlie bars down on Fields Avenue in Angeles City Pampanga? Many nightlife goers and bar hoppers feel really tired of that girlie bar scene in Angeles. They don’t like the smell in all the bars in Angeles City. The toilets in those bars in Angeles City are really dirty and the odor is so unpleasant. Finding this upscale family restaurant and pub in Clark Freeport Zone is a relief to visitors from Manila. Now they have a nice bar to unwind with friends from Subic and Manila.
The service in this bar in Clark Freeport Zone is immaculate, not over the top but friendly and efficient, although there are just 2 or 3 servers. In the bars on Fields avenue in Angeles City Pampanga, one sees dozens of servers and bar girls all doing nothing to help get beer and food for the customers of the bar.
Residents, business executives and foreign visitors to Pampanga’s bustling city Clark Freeport Zone gather in this Clark nightlife center to unwind after a day of sports, leisure, sightseeing, shopping and business meetings. The London Pub located in Mimosa Leisure Estate adjacent to the fine dining French restaurant Yats, entertains an international crowd with eclectic interests and cultures.
Nice bar, quite unusual to find a wholesome and upscale English-styled pub in Pampanga so near Angeles City where all the girlie bars reside.
Getting to this family restaurant, bar and pub of Angeles City Clark Freeport Zone Pampanga Philippines
How to get to this resto bar in Clark Pampanga? Upon reaching Pampanga Clark Freeport, go straight until hitting Mimosa Leisure Estate. Enter Mimosa and stay on the left on Mimosa Drive, going past the Holiday Inn and Yats Restaurant (green top, independent 1-storey structure). Just past the fine dining Yats Restaurant and Wine bar is the London Pub which is also to the left. The London Pub is open seven days a week and happy hours is 4 to 7pm.
The London Pub
(045) 499-1177 09175240999 (632) 637-5019 ask for Glenda or Janet
Mimosa Drive past Yats Restaurant, Mimosa Leisure Estate,
Angeles City Clark Freeport Zone, Pampanga, Philippines 2023
Clark Philippines Nightlife, famous Bar, best pubs and cozy family restaurant
For more information about this bar in Angeles Philippines or any other matters to do with nightlife, entertainment, wine and dine, restaurant and wine in Clark Pampanga, just email us at LondonPub@Yats-International.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
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:
Best place to buy wine in Clark Pampanga outside Manila near Subic and Angeles City Philippines is Clark Wine Center. http://www.ClarkWineCenter.com
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
http://www.HotelClarkPhilippines.com
http://www.ClarkPhilippines.com
http://www.YatsWineCellars.com
Yats Restaurant is an excellent Restaurant to dine, a restaurant with good food, a good place to have birthday party and special events. A Kid-friendly restaurants in Manila
Famous Restaurant in Pampanga, a place to dine with friends in Clark, cozy restaurant with a nice ambience, a nice function place for special occasions. Looking for a restaurant in Clark for a Business meeting? Or a place to eat with friends? Yats Restaurant offers exclusive dinner venue for groups, a good place to celebrate special occasions, it can be a party venue in town. Yats Restaurant is a recommended restaurant for private dinner in Philippines, a well-recognized restaurant that serves good food and good wines for dinner.
www.YatsRestaurant.com
Where to go in Clark? Hotel Clark Philippines is a De Luxe Hotel in Clark and Subic, a risk free place to stay, cozy and nice ambience, a nice function place for special occasion. It is one of North Luzon Philippines’ top hotels that is trouble free, risk free, and a nice place to have rest in Subic. A well-recognized and interesting hotel.
www.HotelClarkPhilippines.com
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