Archive for the 'Philippines' Category

Philippine Economic Report

2007年6月8日10時08分

The Philippines hold foreign currency at record levels. They use open source software more frequently. The stock market is at record highs and the local currency, the Peso, is also very strong. This will likely cause fewer people to go work abroad and send money home.

They are fighting off a rebellion, a regional problem in SE Asia. The rebellion stems from unrest caused by industrialization, urban migration and wealth concentration.