Economic growth slow to 3.7 percent

Monday, January 30, 2012
MANILA — The Philippine economy grew 3.7 percent in 2011, much slower than 7.6 percent the previous year, as it was dragged down by lower exports and public spending.
The economy slowed amid Europe’s debt crisis and weak U.S. growth.
Public spending also declined while the government of President Benigno Aquino III put in place measures to curb corruption and canceled suspect contracts that had been signed by the previous administration.
Gross domestic product expanded 3.7 percent in the last quarter of 2011 compared with 6.1 percent in the same period of 2010.
The services sector helped cushion the impact of the slowdown in Europe and the U.S.
The International Monetary Fund forecasts the economy to grow 4.2 percent this year.

Companies in Manila travel out of town for a short getaway to hold their events and function outside of the city in the north. Many companies choose Clark in Pampanga because of its safety record. Clark is home to some of the best golf courses in Pampanga. Although golf continues to be one of the reasons why visitors from Manila travel to Pampanga, residents of Angeles City, Subic and Bulacan travel to Clark not just to play golf in one of the best golf courses in Pampanga but also to relax and unwind in the best resort in Philippines.

Clark offers some of the best outdoor venues for company outings in Pampanga, Angeles City and Subic. Being so accessible from Manila via the North Luzon Expressway, Clark Philippines is exceptionally convenient for all sorts of events and picnics. Each year, many company events like team building, corporate planning, outings and awarding ceremonies are held in resorts like Clearwater Beach hotel located in the central business district of Clark Pampanga.

Although Clark is not revered for fancy ballrooms and stuffy function rooms, there are many options for meeting and conference facilities. Companies travel out of town from Manila heading north to Pampanga typically look for meeting facilities within leisure and recreational areas. More and more companies mix in a good amount of activities in the program to help participants unwind and relax in between sessions.

Clearwater is a highly recommended and most frequently visited private resort in Pampanga. This Clark hotel is a famous private resort outside Manila for corporate planning because of its exclusivity. Although the function rooms for planning and meetings are simple and basic, the surrounding gardens and ambience more than make up for what it lacks in lavish interior decoration.

New camping sites and picnic grounds in Philippines are now added to Clark for family outings in outside Manila. The best campsites are located at Yats Clearwater Resort & Country Club in Pampanga Angeles City Clark Philippines. Just bring camping equipment and enjoy the fun and ambience of outdoor living camping in Clark under safe, secured and clean conditions. Outdoor activities include swimming and water sports, boating and paddling a kayak, lawn tennis, golf, shooting range and all sorts of leisure activities including colonial games like croquet and horseshoe.

For reservations, comments and inquiries,

Clearwater Resort & Country Club
Creekside Road corner of Centennial Road,
Central Business District, Clark Freeport Zone,
Pampanga, Philippines 2023

Tel: (045)599-5949 0917-520-4403 0922-870-5177

Manila Sales Office
3003C East Tower, Phil Stock Exchange Center,
Exchange Rd Ortigas Metro Manila, Philippines 1605
(632) 637-5019 0917-520-4393 Rea or Chay

http://www.ClearwaterPhilippines.com

Email: Inquiry@ClearwaterPhilippines.com

Getting to this hotel in Clark Philippines
After entering Clark Freeport from Subic, Manila, Dau and Angeles City, proceed straight along Clark’s main highway MA Roxas, passing Clark’s largest wine shop called Clark Wine Center on your right, continue to bear right making no turns at all, go past Mimosa Leisure Estate on the opposite side of the road, you will hit a major intersection. Go straight and the road becomes Creekside Road. YATS Clearwater Resort and Country Club is on your right just 200m down. Traffic in Clark Philippines is light so it should be quite easy for get to this hotel in Clark Philippines.

For inquiries and bookings, click here to contact Clearwater Resort now

Wedding couples looking for wedding reception venues and beach wedding venues can log on to this Philippines Wedding Venue web site for free information and assistance:

http://www.PhilippinesWeddingVenue.com

While in Clark, it might be a good idea to enjoy an evening of wine-and-dine in the fine dining Yats Restaurant and Wine Bar that features an award winning 2700-line wine list. It is located in Mimosa Leisure Estate of Clark Freeport Zone. For more information, visit http://www.YatsRestaurant.com

YATS Leisure Philippines is a developer and operator of clubs, resorts and high-class restaurants and wine shops in Clark Angeles Philippines http://www.YatsLeisure.com

While in Clark, one might as well add to the itinerary a visit to the famous Clark Wine Center, the largest wine shop in Philippines which offers over 2000 selections of fine vintage wine from all wine regions, vintages spanning over 50 years covering all price ranges.
http://www.ClarkWineCenter.com

Looking for famous tourists spots, places to visit and see, relax and unwind in Clark, Pampanga, Philippines? You may want to check out these sites also:

http://www.LondonPubClark.com

http://www.HotelClarkPhilippines.com

http://www.ClarkPhilippines.com

http://www.YatsWineCellars.com

For jobs and business investment opportunities in the Philippines please visit http://www.yilp.com