MANILA –  Government economic planners are maintaining their gross domestic product growth target of 5 to 6 percent this year despite the losses incurred due to typhoon "Gener" and the southwest monsoon that recently hit the country.

Dr. Rosemarie Edillon, director of the National Economic and Development Authority National Planning and Policy Staff, said the impacts of disasters are already incorporated in their economic growth projections.

The country’s GDP already grew by 6.1 percent during the first half of 2012.

Sugar growers hold
4th general assembly

The Integrated Sugarcane Growers of Negros, Inc. headed by Enrique Rojas held recently its 4th Annual General Membership Assembly at the NFSP Sugar Workers Foundation Social Hall, NFSP Compound, Alijis, Bacolod City, a press release from NFSP said.

Rojas, who is concurrently the president of the National Federation of Sugarcane Planters, thanked the hundreds of members, mostly small farmers, for their continued support and patronage of the association.

“Our association posted significant growth in Crop Year 2011-2012. Our membership increased by 35 percent while our cane deliveries also increased by 26 percent,” Rojas informed ISGNI officers and members.

Banking sector attracts
mobile solutions firms

MANILA – The country's banking industry has attracted global innovator of secure mobile commerce solutions providers as a new market for sophisticated e-commerce technology, a government press release said.

For one, the SCCP Group is planning to launch its end to end solutions in the Philippine banking sector as a follow-up to its successful launch in Thailand.

Jerome Cle, chief executive officer and founder of SCCP Group, also cited Asia as the site for the world’s first complete live implementation of an end-to-end, secure mobile point of sale solution provided by Swiff platform.

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