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.
May –
Anti-Graft and Corruption Awareness Month
“Corruption drains the nation
and victimizes workers who build the nation.
Accountability now!”
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
May 1 – Labor Day
May 2 – World Freedom Day
May 12 – World Communication Day
May 15 – International Day of Families
May 16 – International Day of Living
Together in Peace
May 21 – World Day for Cultural Diversity
for Dialogue and Development
Monthly Observances:
The Month of the Ocean
Anti-Graft and Corruption Awareness Month
Volunteerism Month
Weekly Observances:
Week 2: Safe Motherhood Week
Daily Observances:
May 1: Labor Day
May 7: Health Worker’s Day
May 31: National Fisherfolks Day
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