| Philippine Business published its inaugural issue
ten years ago. The economy was looking up – the Philippine
stock market was ranked first in growth among markets in Asia
the previous year; and economic growth was forecast to double
the level achieved in 1993, mainly attributable to more stable
power supply. Today, stock market activity is slow and unstable
and oil prices are on the rise due to the uncertainties brought
about by the impending war between the US and Iraq.
Just how different was it ten years ago? Philippine Business
gives you a rundown of numbers to remind you just how far
the nation has gone, and how far it still has to go.
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