Land of the Morning: Moody's Analytics: PH Likely to Grow Fastest in Asia in 2014

Monday, March 24, 2014

Moody's Analytics: PH Likely to Grow Fastest in Asia in 2014

The Moody's Analytics, the economic forecasting unit of rater Moody's Corporation, predicts that the Philippines will grow between 5.3 to 6.5 percent in gross domestic product (GDP) in 2014. It is lower than the government's target of 6.5 to 7.5 percent; but higher than the expected regional growth of 5.0 percent.

Source

Burgonio, Maricel E: "Philippines to lead Asian economic growth in 2014--Moody's Analytics," InterAksyon.com 25 March 2014

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Would the bishops rather that we keep mum or we lie about it? Would they want us to just keep quiet about this?--Aleta Tolentino, PCSO Director

We do not want to turn over another unfinished business to the next administration. It stops with us.--Teresita Deles, Presidential Adviser for the Peace Process

I believed then, as I believe now, that the court... was overly intrusive with respect to a power that does not belong to it by restrainingh without hearing a coequal branch of government.--Associate Justice Maria Lourdes Sereno, Supreme Court of the Philippines

This Court, in striking down EO 1 creating the Truth Commission, overrules the manifest will of the Filipino people to start the difficult task of putting an end to graft and corruption in government, denies the President his basic constitutional power to determine the facts in his faithful execution of the law, and suppresses whatever truth may come out in the purely fact-finding investigation of the Truth Commission... History will record the ruling today of the Court's majority as a severe case of judicial overreach that made the incumbent President a diminished Executive in an affront to a co-equal branch of government, crippled our already challenged justice system, and crushed the hopes of the long suffering Filipino people for an end to graft and corruption in government.--Senior Associate Justice Antonio Carpio, Supreme Court of the Philippines

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