Rise in Consumer Spending! – Philippine economy set to increase by 4.7% in 2013
According to the UBS Securities Philippines, Inc., a local unit of Swiss bank UBS AG, the pace in which the Philippine economy’s grows will slow in 2012 before picking up again in 2013. In figures recorded by the company, gross domestic product (GDP) reached 3.6% in 2011; however this number is set to drop slightly [...]

