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.
September 18 –
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For widespread, practical equality!”
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October –
Monthly Observances:
Industry and Commerce Safety Month
National Statistics Month
Local Government Month
Consumer Welfare Month
Cooperative Month
National Quality and Productivity Improvement Month
National Health and Wellness Tourism Month
National Indigenous Peoples Month
Weekly Observances:
Week 1: Elderly Filipino Week
Week 2: National Health Education Week
Local Government Week
National Mental Health Week
October 17-23:
National Week for Overcoming Extreme Poverty
October 18 – 24:
United Nations Week
Last Week:
Nurses’ Week
Consumers’ Protection Week
Week of the 4th Sunday:
Barrio Farmers’ Week
Daily Observances:
First Monday (Oct 4): Universal Children’s Day i
n the Philippines
Oct 5: National Teachers’ Day
Oct 10: Local Government Day
Third Thursday (Oct 14): Conflict Resolution Day
Oct 21: Tenants’ Emancipation day
Oct 24: United Nations Day
Oct 29: National Indigenous People’s Thanksgiving Day
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