Philippine economy to lead ASEAN growth: Standard Chartered

Published by rudy Date posted on April 21, 2017

ABS-CBN News, Apr 21 2017

MANILA – The Philippine economy will likely grow 6.8 percent this year, Standard Chartered said Friday, in the most recent affirmation that the country will outpace its Southeast Asian peers.

Strong domestic demand, increased infrastructure investments and a steadily growing services sector will support expansion of up to 7 percent in the first half and 6.5 percent in the second half, Standard Chartered Asia economist Chidu Narayanan said.

“This would make the Philippines the fastest-growing ASEAN-6 economy for a second consecutive year,” Narayanan said in a statement.

The International Monetary Fund said earlier this week that the Philippine economy could grow by 6.8 percent this year and 6.9 percent next year, leading ASEAN, and second only to India in developing Asia.
On Tuesday, President Rodrigo Duterte’s economic managers unveiled “Dutertenomics,” an ambitious plan to grow the economy by building P8-trillion in infrastructure.

March –
IT’S WOMEN’S MONTH!

“Respect and support women
every day of the year/s!”

Invoke Article 33 of the ILO Constitution
against the military junta in Myanmar
to carry out the recommendations of the 2021 ILO Commission of Inquiry
against serious violations of protocols of
Forced Labour and Freedom of Association.

Accept the National Unity Government (NUG) 
of Myanmar.  Reject Military!

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Time to support & empower survivors. Time to spark a global conversation. Time for #GenerationEquality to #orangetheworld!

 

Monthly Observances:
Women’s Role in History Month
Weekly Observances:
Week 1: Environmental Week;
   Women’s Week
Week 3: Philippine Industry and “
   Made-in-the-Philippines Products Week
Last Week: Protection and Gender-Fair Treatment
   of the Girl Child Week
Daily Observances:

March 8: Women’s Rights and   
   International Peace Day;
   National Women’s Day
March 4: Employee Appreciation Day
March 15: World Consumer Rights Day
March 18: Global Recycling Day
March 21: International Day for the Elimination
   of Racial Discrimination
March 23: International Day for the Right to the Truth
   Concerning Gross Human Rights Violations
   and for the Dignity of Victims
March 25: International Day of Remembrance of the
   Victims of Slavery and the Transatlantic Slave Trade
March 27: Earth Hour

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