By Pia Lee-Brago (The Philippine Star), September 13, 2016
The Philippines is expected to have the fastest growth for the second year in a row among the five major economies of the Association of Southeast Asian Nations (ASEAN-5) in 2017. File photo
MANILA, Philippines – The Philippines is expected to have the fastest growth for the second year in a row among the five major economies of the Association of Southeast Asian Nations (ASEAN-5) in 2017.
Philippine Ambassador to France Ma. Theresa Lazaro presented recently the annual Organization for Economic Cooperation and Development (OECD) Economic Outlook for Southeast Asia, China and India during the ASEAN Business and Investment Summit in Vientiane, Laos.
Lazaro said that among the ASEAN-5 countries – Indonesia, Malaysia, Philippines, Thailand and Vietnam – the Philippines and Vietnam received the best growth forecasts for next year.
“The economies of Philippines and Vietnam are expected to grow by 6.1 percent,” she said.
The OECD Economic Outlook is an annual publication on Asia’s regional economic growth, development and regional integration process. It focuses on the economic conditions of the ASEAN-member countries as well as the relevant economic issues in China and India in order to reflect economic developments in the region.
“Steady economic growth is expected to continue in the region in 2017,” Lazaro said.
The Philippines is co-chair of the Economic Outlook until 2018, coinciding with the country’s chairmanship of the ASEAN summits in 2017.
June 2025
Philippine Environment Month!
“Action for Nature, for the Future!”
Invoke Article 33 of the ILO Constitution
against the military junta in Myanmar
to carry out the 2021 ILO Commission of Inquiry recommendations
against serious violations of
Forced Labour and Freedom of Association protocols.
Accept National Unity Government (NUG)
of Myanmar. Reject Military!
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Monthly Observances:
1 Jun – World Day of Parents
5 Jun – World Environment Day
7 Jun – World Food Safety Day
8 Jun – World Oceans Day
12 Jun – World Day Against Child Labour
15 Jun – World Elder Abuse Awareness Day
16 Jun – International Day of Family Remittances
17 Jun – World Day to Combat Desertification and Drought
20 Jun – World Refugee Day
25 Jun – Day of the Seafarer
27 Jun – Micro-, Small and Medium-sized Enterprises Day
Daily Observances:
June 6: Migrant Workers Day
June 19: Filipino Youth Day
June 25: Day of the Filipino Seafarer
