Eight in O-Eight

You'd have to go back to the post-war years, when the country was busy rebuilding from the devastation of all-out warfare versus the Japanese, to see a Philippine economy expanding at a hefty clip. Southeast Asian neighbors Malaysia, Singapore, Thailand and Vietnam have all put together several years of high-growth, high-output expansions that put them on the investment map. Is it the time of the Philippines, once the most vibrant economy in the region, to join the Asian Tiger club?

Philippine Leader Unveils "Plan, 7, 8, 9" To Spur Growth
March 4, 2007 11:18 a.m. EST

Komfie Manalo - All Headline News Correspondent

Manila, Philippines (AHN) - Philippine President Gloria Macapagal-Arroyo unveiled on Sunday her ambitious "Plan 7, 8, 9" which is expected to spur economic growth for the next three years and her new economic policy direction of "8 by '08," or achieving eight blessings of a strong economy by 2008.