PH to post fastest economic growth in Asean – study

Published by rudy Date posted on July 4, 2017

By: Inquirer.net, Jul 4th, 2017

THE Philippines, together with Myanmar and Vietnam, is expected to post the fastest economic growth in Asean mainly on the back of rosy domestic prospects, the research arm of the Fitch Group said Tuesday.

In a report titled “Positive Outlook for Asean and India Amid North Asia Weakness,” BMI Research said the Philippines would exhibit growth outperformance in the near term amid improved business environment coupled with a growing young population and the Duterte administration’s infrastructure buildup.

BMI Research projected the Philippines’ gross domestic product (GDP) to grow by an average of 6.2 percent in 2017 and 2018.

The GDP grew 6.4 percent in the first quarter, lower than expectations, but among the fastest across emerging economies in the region.

The government targets GDP growth of 6.5-7.5 percent this year and 7-8 percent next year.

Meanwhile, increasing investments in Myanmar and “greater political stability” under the ruling National League for Democracy would bring about nearly 7.5-percent growth both in 2017 and 2018, BMI Research said.

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!

#WearMask #WashHands
#Report Corruption #SearchPosts #TakePicturesVideos

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

Categories

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