The Philippine economy is likely to outperform its regional and global peers in the next two years on the back of resilient private consumption, monetary policy easing and strong rebound in capital inflow, investment experts from British banking giant HSBC said.
This year, HSBC expects the Philippines to grow its gross domestic product (GDP) by 6.4 percent and further to 6.5 percent next year, beating the projected average growth of Asian emerging markets of 5.1 percent this year and 5.3 percent next year.
Read more: The Philippine Daily Inquirer
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The Philippine Trade & Investment Center in Taipei is the Commercial Affairs Section of the Manila Economic and Cultural Office and the representative office of the Philippine Department of Trade & Industry in Taiwan