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EYEBROW

29 September 2017
Test edition
Test edition

Summary of this Test edition

EYEBROW

26 September 2017

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London battery plays charging up

UK investors get to sample the exotic side of the battery minerals exploration game

Mincor chairman passes away

"His incredible warmth, knowledge and dry sense of humour will be sorely missed"

Western Australia gold royalty hike revived

State's gold miners fuming after treasurer Ben Wyatt unveils fresh proposal to lift gold royalties

Global markets up, gold down

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Exploration / Development > Leadership

The Philippines - 2005

Exploration / Development > Leadership

The Philippines - 2005

The Philippine economy sustained its growth momentum in 2004, essentially because of a remittance-driven domestic demand that fuelled private consumption growth and consumer spending. With interest rates and inflation rates kept at a minimum, market fundamentals remained strong, propping up the country's external accounts. This held the resilience of the economy to external shocks such as the steep oil price increase last year. GDP accelerated to 6.1% from 4.7% in 2003, and GNP recorded a similar 6.1% growth compared with 5.6% in the previous year. Sustaining the economy was a moderate growth of 4.9% in Net Factor Income from abroad, coming mostly from an increase in compensation income of overseas foreign workers (OFWs).

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