Electronics industry cuts outlook
June 2, 2011
By Darwin G. Amojelar, Senior Reporter
THE Philippine semiconductor and electronics industry on Wednesday cut its exports outlook following the disasters in Japan and the political tension in Middle East and Northern Africa (MENA).
During the Philippine Semiconductor and Electronics Convention and Exhibition, Ernie Santiago, president of the Semiconductors and Electronics Industries in the Philippines (Seipi), said the 8 to 12 percent exports target this year is “very difficult” to achieve.
“But that is the target we are aiming,” he said, adding that the industry will meet the low-end of the target range.
Electronics account for about 60 percent of Philippine merchandise exports.
In March, electronic exports fell by 7.4 percent to $2.238 billion from the year before’s $2.416 billion.
This led electronic exports to contract by 1.93 percent to $6.39 billion in the first quarter of this year from $6.52 billion in the same period last year.
Santiago said exports for the second quarter will be flat, but the industry expects strong third and fourth quarters.
He said Japan will fully recover from its crisis by the third quarter.
Besides Japan’s recovery, Santiago expects the crisis in MENA to end and consumer spending to pick up in time for the Christmas season.
He said that electronic exports should grow 10 percent through 2016 to meet the $50 billion target under the Medium Term Philippine Development Plan (MTPDP) for 2011 to 2016.
Under the MTPDP, the Aquino administration wants the Philippines to become Asia’s exports trendsetter by 2016.
To attain this, the government will initiate a national branding and marketing campaign to promote the country not only as an investment site and tourist destination but as producer and supplier of quality world-class products and services.
Source: http://www.manilatimes.net/business/electronics-industry-cuts-outlook/
Best restaurant in Clark Pampanga attracts diners and wine lovers from Manila, Subic and Angeles City Philippines to wine and dine at this fine dining restaurant
More and more, frequent diners from Manila, Angeles City, Subic and other major cities in Asia travel to North Luzon Pampanga Clark Freeport to enjoy good food in a romantic fine dining restaurant. On their list of requirements is a good wine list that not only offers a wide selection of wines from different countries but also older vintages that can be enjoyed now and not ten years later. Classic fine dining is the experience that guests of Clark Pampanga’ Yats Restaurant & Wine Bar offers to their guests. Although this is an upscale fine dining establishment, families find the restaurant to be very children friendly.
Private dinners can be accommodated in this famous restaurant located in Mimosa, at the heart of Pampanga Clark Freeport. Private rooms suitable for 4 to 24 can be reserved in advance for company and personal functions and events. This fine dining restaurant is a very popular venue for small wedding receptions, social events, company board meetings and annual parties. This popular night out spot is generally regarded as the best restaurant in Clark Pampanga, a good nightlife destination as well as a good place to drink, relax and unwind in Angeles City, Subic and Clark.
This fine dining restaurant is also famous for its low carbohydrates “low carb” dishes highly recommended for frequent diners who are on a low fat food and favor healthy food. This is a unique restaurant that can help frequent diners maintain a healthy diet and enjoy delicious fine dining cuisine at the same time. Vegetarian dishes are a specialty here also and so are “halal” cuisines also.
Wine lover’s choice – Yats Restaurant and Wine Bar – for the most impressive and practical wine list in the Philippines, over 2700 selections, enough to satisfy the most fastidious connoisseurs. Wine lovers and gourmand foodies from Hong Kong, Singapore, Japan, Korea and Malaysia dine at Yats Restaurant & Wine Bar when they visit Philippines and bring home some rare vintage wines too.
Best place to unwind in Angeles City Pampanga Philippines is to wine and dine at Yats Restaurant which is also considered as the best restaurant in Clark for group dinners, parties and social functions outside of Manila. Guests of this top rated fine dining resto bar in Clark enjoy the cozy ambience, the spacious dining area as well as the privacy and exclusivity of this top restaurant near Manila in Clark. Some guests wine and dine at this famous restaurant near Angeles City Pampanga for its gourmet food. Others frequently dine at this restaurant in Clark for its fine selection of vintage wines that are offered at attractive prices. Some guests, business executives especially, select this restaurant because of its elegant private dining facilities and the attentive and professional service that the staff provide for a more formal business dinner.
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Restaurant@Yats-International.com
(045) 599-5600
0922-870-5178
0917-520-4401
Ask for Pedro and Rechel
Getting to this fine dining restaurant of Angeles City Clark Freeport Zone Pampanga Philippines
How to get to this fine-dining restaurant in Clark Pampanga? Once you get to Clark Freeport, go straight until you hit Mimosa. After you enter Mimosa, stay on the left on Mimosa Drive, go past the Holiday Inn and Yats Restaurant (green top, independent 1-storey structure) is on your left. Just past the Yats Restaurant is the London Pub.
Yats Restaurant & Wine Bar
Mimosa Drive past Holiday Inn, Mimosa Leisure Estate,
Clark Freeport Zone, Pampanga, Philippines 2023
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
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