The Philippine economy grew by 6.9% from July to September 2017, beating analysts expectations and overtaking China in growth again. The country’s Q3 Gross Domestic Product (GDP) surpassed the midyear growth rate of 6.5 percent, and the Nomura Securities projection for a 6.7% growth rate. The national statistics agency credited manufacturing, trade, and real estate, […]
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7 Good Reasons to Do Business in the Philippines
The Philippines is no longer the sick man of Asia, and the world’s businesses know it. With the country breaking new records in the stock market, sustaining a rising GDP growth rate, receiving positive international forecasts, and iconic Filipino optimism translating to consumer confidence – global investments are pouring into the country, now touted as […]
Read more →Japan’s Nomura upgrades PHL economic growth
The Philippines’ economic growth forecast for the years 2017 and 2018 has been upgraded in the latest Nomura Securities report.
Read more →PHL posts strongest economic growth in Asia at 7.1%
The better than expected expansion is due to strong investment growth, particularly in construction and infrastructure, and upbeat consumer spending
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