GDP Growth (4Q2011) 3.7%
GNI Growth (4Q2011) 3.5%
Forex (Feb‘12) wtd avg. PhP42.66: US$1
91-Tbill (Mar’12) 2.148%
5-year Tbond Rate (Jan ‘11) 4.674%
7-year Tbond Rate (Feb’12) 5.00%
Inflation (Feb’12) 2.70%
Phisix (29 Feb’12) close 4,897.65
• Low office vacancy rates sustained on the back of strong expansionary demand
• Demand for luxury condominiums supported by growth in expatriate population
• High consumer spending spurs further expansion of retail brands
• Lease rates stable on the back of weaker export demand
Filed under: Real Estate, 2011, 4th Quarter, Asia, Business and Economy, cbre, Market View, Metro manila, National Capital Region, Real Estate
Registration for the issuance of Certificate of Registration and Professional Identification Card (ID) will start on March 8, 2012 but not later than March 23, 2012 at the Registration Division Ground Floor Unit C, Window 27. The Oath taking ceremonies of the Real Estate Service practitioners for Consultants, Appraisers and Brokers, to be held on April 18, 2012 at the Fiesta Pavilion, Manila Hotel, One Rizal Park, Manila at 1:00 o’ clock in the afternoon. Those who were included in the prior approved resolutions may opt to attend the oath taking.
For the complete list, click here.
Filed under: PRC, Real Estate, Asia, Business, Identity document, Manila, Manila Hotel, o clock, Philippine, Philippines, PRC, professional identification, Professional Regulation Commission, Real Estate, Real Estate Appraiser, real estate appraisers, Real Estate Service Practitioner, Rizal Park, rizal park manila, service practitioners
At the end of this month the Philippine government, particularly the Department of Budget and Managemet, will launch a website called “Budget ng Bayan” (Budget of the Nation). Its purpose is to inform users where all the taxpayer‘s money are going.
I just hope and pray that the Philippine Government will be truly transparent when it posts their government spending. People can only view what is approved by the editor. And when this website is up and running, how can we be sure that everything in it if for real?
What are your thoughts? Will you now eagerly pay your taxes when you know where exactly your money is going? Or is this website another waste of taxpayer’s money? Will there ever be complete and honest budget transparency in the Philippines?
To read the full article, click here.
Filed under: Website Launching, Asia, Department of Budget, Department of Budget and Management, Government, Government spending, Philippine, Philippine government, Politics of the Philippines