Philippine Economy Grows by 4.6 Percent in 2008The Philippine economy was able to register a gain despite the reeling effects of the global financial crisis posting a 4.6 percent gross domestic product (GDP) growth for 2008. Latest statistics from the National Statistical Coordination Board (NSCB) show that the major growth drivers for the Philippine economy were trade, manufacturing, agriculture, fishery, construction and private services. On the demand side, major contribution came from increased household spending aided by the growths in investment in construction and government consumption For its part, the agricultural sector grew by 3.2 percent from 4.9 percent while industry also posted a 5 percent expansion from 7.1 percent and services grew by 4.9 percent from 8.1 percent. The NSCB also said the Philippine economy continued to keep pace with the population growth in the fourth quarter of 2008 as per capita GDP grew by 2.5 percent from 4.4 percent; per capita GNP by 4.3 percent from 3.9 percent. The growth was attributed to the effort made to augment the earnings of government employees. Exports went down by 7.5 percent from a 3.9 percent expansion in 2007 largely on account of merchandise exports, which contracted by 9.2 percent from a 2.7 percent upturn in 2007. Imports, on the other hand, declined by 1.2 percent from a measly 0.2 percent growth in 2007 as both merchandise imports and non-merchandise imports recorded negative growth.  "Making a Living in the Philippines" What You Need To Know To Operate A Small Business, Get A Job Or Invest In The Philippines is here. It covers everything from operating a small business, getting a job, to investing in the Philippines. This is not financial advice but rather an information resource with examples of how other people have found a way of making a living in the Philippines and how to avoid some of the traps and scams. I highly recommend Making A Living In The Philippines "Philippine Dreams" In this ebook you will learn absolutely everything you need to know about visiting, living, working, or retiring in the Philippines.It is a must read for anyone planning on living in or just visiting the country. If you want to know the inside story on what's really going on and how to use this information to your advantage I highly recommend Philippine Dreams
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