Few thoughts for today. 🙂
Philippine likely to grow 6.4% in 2013:
Very possible, Philippine Government has plenty of room to tweak the growth of the economy. The government can simply increase its spending on construction and GDP will increase.
See the compositions of the PH economy here:
Basics of Macroeconomics here:
PERC won bidding for an oil exploration area in the promising northwest Palawan:
However, China has existing claims on Area 4.
PERC already has a promising interest on an on-shore oil prospect, SC 51.
More on PERC here:
Going strong price-action wise. 🙂
More on LTG here: