Beruflich Dokumente
Kultur Dokumente
Summary:
Multilateral lender international monetary fund or (IMF) is confident the Philippine economy
wills continue to perform strongly as the country is expected to remain resilient despite external
Economic managers penned a GDP Growth target of between 6.5% and 7.5% this year. The
country’s GDP growth accelerated 6.8 % last year from 5.9% in 2015 amid strong domestic
demand and higher investment reflecting higher public infrastructure spending and private
construction
Reaction:
For the past few years, Philippines were known to be one of the “Rising Tiger” in Asia’s
Economy. Obviously our country shows rapid development. The economic status was perceived
improving. We cannot deny the fact that OFW’s have great contribution to this. On the other
side, we cannot also deny that we are still experiencing deprecations and some other economic
problems. Off course it is just normal the main point here is that we Filipinos are still fighting
poverty. Yes, we can eradicate poverty problems easily, but at least we are making ways on how
to lessen the families that are struggling because of such no actual income that can really earn a
living.
Conclusion:
In Philippines to survive external shocks it is very impressive for the Filipinos on how our
government really made way increases our GDP. The bigger the GDP we have, the more
changes and opportunities can be given to Filipinos in terms of improving their living.
There will still be more challenges to come, but at the end, our country’s success wills relay on
how the government managed and deal such challenges. After all, are the Filipino people who
benefit utmost.
Anti-competition Body deepens probe on cement industry
Summary:
The Philippine competition commission (PCC) is set to go full blast on its investigation of
alleged violations of competitive practices in the local cement industry. The country’s anti-trust
authority said it found reasonable grounds to proceed to full administrative investigation on the
cement industry for possible violations of sections 14 and 15 of the Philippine Competition Act.
Among Dimagiba’s other allegations include Ordonez using the trade association (CeMAP) and
pseudo consumer groups to justify the violation of the Philippine Competition Act, as well as
Reaction:
In marketing, there’s a principle of pure competition were in sellers must sell products in
accordance the price of the competing seller. In this case, The Philippine Competition Act was
violated since there is a competitive practice in the local cement industry. In the CeMAP which
is known in cement industry abused their dominant in position in committing acts that prevent
competitors from going with in the market. Well, this company may be rude because they don’t
consider the price given by the other cement company. They literally lessen their price so the
In anti-competition body deepens probe on cement industry if CeMAP play to fair, they really
don’t have to do that. Well, the complainant who is Victorio Dimagiba just did the right thing.
This case may be solve earlier if Ordonez response immediately while allowing the participation
of traders and importers in the stakeholders in the forum and other consultation.
Through Ordonez reason out that didn’t get any notice, he still must be subjected because at the
first, he violets the section 14 and 15 of the Philippine Act. But after all, this case xcan be solve
Course:
BSBA- MKTG.2A
Internet
Laurence Agcaoili
February 27,2017
Internet
Richmond Mercurio
March 7,2017