Philippine Economy Grows but Wealth Slow to Trickle Down

The Philippines’ economic wealth is evident with growth surpassing that of China, new investment grade credit ratings and a surging stock market. But how many people are sharing in the country’s new wealth?
Aris Bonifacio’s financial situation appears to be going from good to even better. The 32-year-old computer programmer has worked with the same insurance company for nine years. Business has been growing and so has his salary.
He said, after years of saving, he was …

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