Philippine Economy Grew 5.7% in First Quarter of 2014 Slower Than Expected

The Philippine economy grew 5.7% during the first quarter of 2014, slightly lower than expected growth according to market expectations. The main reasons for the slower growth of the Philippines is because of the major devastation brought about by super typhoon Yolanda. Although the country posted a slightly lower growth, the Philippines still ranked as … Read more

Philippine Economy to Hit $1.2 Trillion by 2030 According to IHS

According to the latest report posted by IHS, a leading provider of global market and economic information, the Philippine economy is projected to hit $1.2 trillion in 16 years or by the year 2030. Rajiv Biswas, Asia-Pacific chief of economist at IHS was quoted as saying “The Philippines economy has undergone a remarkable transition from … Read more