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MANILA, PhilippinesSen. Alan Peter Cayetano on Friday reiterated his call for the government toprovide the poor ith more access to capital to start their on small !"sinesses a day after the economy

registered the highest groth rate in Asia for the first #"arter of $%&'.Cayetano, ho as reelected to a second term on a platform of increased livelihood opport"nities for the!asic sectors, has repeatedly called on the government to ma(e the co"ntry)s economic gains felt !y theless fort"nate.*+y developing cooperatives ith the capacity to lend capital to its mem!ers, e are ena!ling moreFilipinos to start their on small !"sinesses and event"ally provide more employment opport"nities forother Filipinos, Cayetano said in a statement.Cayetano also s"ggested that the government "se the e-isting conditional cash transfer program to enacta capitallending program for its !eneficiaries to ena!le them to set "p their on !"sinesses.*+y "sing the conditional cash transfer program to implement a lending program, e can provide poorfamilies ith the capital to start their on !"sinesses and create /o!s ith fair ages, Cayetano said.*In this case, e)re shoing them ho to 0fish) and stand on their on to feet instead of /"st giving them0fish) and ma(ing them dependent on elfare, he added.

Cayetano on Friday commended the e-ec"tive !ranch for the 1.2 percent increase in gross domesticprod"ct, the highest rate since President A#"ino ass"med office in $%&%.*34his5 economic groth sho"ld serve to p"sh everyone to (eep the moment"m going for the !ettermentof all Filipino families, Cayetano said.*6e praise the contin"ing economic groth of o"r co"ntry !"t e sho"ld ens"re that the effects of a risingeconomy translate to a !etterment of the lives of poor families thro"gho"t the co"ntry, Cayetano said.7e, hoever, said that *not eno"gh Filipino families are feeling the impact of this economic groth.*6e m"st do more to create /o!s, loer prices, and increase ages, Cayetano said

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Philippine economy strong but unemployment remains challenge: ADB

8philstar.com9 : ;pdated April

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>4his co"ntry has D% million la!or force, and then its la!or force contin"es to gro !y an average $

percent 8per year9. A!o"t 2%%,%%% ne /o!s sho"ld !e created /"st to s"stain the same level 8of

employment9,> he said.

;s"i said the co"ntry needs to revive its man"fact"ring sector to create more /o!s.

>4he man"fact"ring 8ind"stry9 has higher la!or prod"ctivity,> he said.

;s"i said the co"ntryEs policy ma(ers need to ta(e advantage of the Fitch atings latest decision to grant

the Philippines its first ever investmentgrade credit rating to attract more investors to the man"fact"ring

sector.

4he ratings "pgrade, ;s"i said, has h"ge implications as investors no see the co"ntry as a ne

prod"ction !ase. 7e added that China, So"th Gorea and ?apan are interested to invest in the co"ntry.

?ain said the government needs to address the infrastr"ct"re gap and implement a more predicta!le ta-

regime that ill entice more investments to come in the co"ntry.

A@+ Principal Hconomist @onghy"n Par( said foreign investors are >ta(ing a serio"s loo(> at the

Philippines, noting that foreign companies are loo(ing to set "p plants in the co"ntry.

+"t he said there are still !ottlenec(s s"ch as the lac( of technical personnel to or( in the man"fact"ring

sector.

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NFA: Rice prices going downByGristine Angeli Sa!illoIN;IH.net&&=%% am : 4h"rsday, Septem!er &$th, $%&'

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FILE Photo taken from agriculture-ph.com

MANILA, Philippines Commercial rice prices have started to go don after last ee()s price increases, accordingto the National Food A"thority 8NFA9.In a statement released 4h"rsday, the NFA said prices of commercial premi"m #"ality rice ent don from P&,