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.

20 February –
WORLD DAY OF SOCIAL JUSTICE

“Every day, give everyone their due.
Every day should be Social Justice Day!

The only way”

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!

#WearMask #WashHands
#Report Corruption #SearchPosts #TakePicturesVideos

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

 

 
February Observances

1-7 Feb: World Interfaith Harmony Week
01 Feb: World Wetlands Day
02 Feb: International Day of Human Fraternity
04 Feb: International Day of Zero Tolerance
   for Female Genital Mutilation
11 Feb: International Day of Women and Girls
   in Science
20 Feb: World Day of Social Justice

Monthly Observances:
National Health Insurance Month
Weekly Observances:
Week 1: National Awareness Week
for the 
Prevention of Child Sexual Abuse
   and Exploitation 
Week 3: Public Administration Week
Daily Observances:
Feb 1 Constitution Day

 

Categories

Lorem ipsum dolor sit amet, consectetur adipiscing elit. Ut elit tellus, luctus nec ullamcorper mattis, pulvinar dapibus leo.