Good Tidings Philippines
Baguio Skyline Good day! I believe it’s a very good day for almost everything, especially for our country. I have read a couple of good news stories in our national paper. Noticeable among these is the news referring to the apparent confidence that some multinational corporations placed in the Philippine economy. This is a far cry from the news about Italian credit downgrade by credit-rating agency Standards and Poor’s that sent indices in the Eurozone stumbling yesterday. All in all, this would send shivers worldwide in as economies are threading a precarious economic path these days. But, let me go back to the Philippines first. The Philippine president is in the US for a working visit and according to the news, several American executives paid the president of the Philippines a courtesy call, “expressing enthusiasm in his effort to create a new business environment” and signifying their respective companies’ intention to expand presence in the country. Jeffrey Fox, preside...