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.
July 2025
Nutrition Month
“Give us much more than P50 increase
for proper nutrition!”
Invoke Article 33 of the ILO Constitution
against the military junta in Myanmar
to carry out the 2021 ILO Commission of Inquiry recommendations
against serious violations of
Forced Labour and Freedom of Association protocols.
Accept National Unity Government (NUG)
of Myanmar. Reject Military!
#WearMask #WashHands #Distancing #TakePicturesVideosturesVideos
July
3 July – International Day of Cooperatives
3 July – International Plastic Bag Free Day
5 July – World Youth Skills Day
7 July – Global Forgiveness Day
11 July – World Population Day
17 July – World Day for International Justice
28 July – World Nature Conservation Day
30 July – World Day against Trafficking in Persons
Monthly Observances:
Schools Safety Month
Nutrition Month
National Disaster Consciousness Month
Weekly Observances:
Week 2: Cultural Communities Week
Micro, Small, and Medium Enterprise
Development Week
Week 3: National Science and
Technology Week
National Disability Prevention and
Rehabilitation Week
July 1-7:
National Culture Consciousness Week
July 13-19:
Philippines Business Week
Week ending last Saturday of July:
Arbor Week
Daily Observances:
First Saturday of July:
International Cooperative Day
in the Philippines
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