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NEW DELHI: The increased capex on infrastructure in the budget will spur domestic steel demand, attract investments and create job opportunities, industry players and experts said. Finance Minister...
PNA file photo MANILA - Factors supporting continued economic rebound this year, including increased government spending for infrastructure, remain abundant especially after the economy posted another recovery in the last quarter of 2021, an economist said. In a report, Rizal Commercial Banking Corporation (RCBC) chief economist Michael Ricafort said "bright spots" for the domestic economy this year also include the resiliency of overseas Filipino workers' (OFW) remittances, recovery of imports and exports, pre-pandemic levels of foreign direct investments (FDIs), near the pre-pa...