Around 50 executives and managers coming from the top
companies in the country attended the Economic Forum entitled “Economic
Prospects 2012: from an Asian Perspective”, on August 23, 2012 at the AIM
Conference Centre Manila. Some college and graduate school students were also
present in the event. The total crowd
was at 150.
Dr. Norio Usui, Senior Country Economist of the Asian
Development Bank answered questions like, “Will Asia Attract New Investors?”
and expounded on possible prospects for the Philippine Economy.
Former University of the Philippines Professor and current professorial
lecturer Dr. Ernesto Pernia shared his insights on Dr. Usui’s speech. He also
shared his thoughts on how remittances and and RH bill can help the economy
reach the sweet spot.
Dr. Pernia agrees with Dr. Usui in claiming that the
Philippines evolved from being the “sick man” to the “new tiger”.
The event was organized by The All-Asian Center for
Enterprise Development (ASCEND) Inc., in cooperation with the Philippine
Institute for Supply Management (PISM) and the Foundation of the Society of
Fellows in Supply Management, Inc (SOFSM) .
ASCEND is the market and economic research firm behind the
Purchasing Manager’s Index(PMI) Philippines, a viable economic indicator
functioning like the gross domestic product (GDP), only, it comes out monthly.
Soon, ASCEND will be launching PMI ASIA.
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