You are here

Philippines to be second to China in growth in 2016: World Bank

Thursday, October 6, 2016 - 05:50

A residential block (centre) under construction in the Makati district of Manila. The World Bank predicts that the Philippine economy will grow by 6.4 per cent this year, second to China's 6.7 per cent among developing East Asian economies.


THIS year, the Philippines will emerge alongside China among the developing East Asian economies in pole position in terms of growth.

They will be followed by Vietnam and Indonesia, the World Bank has predicted.

Its latest East Asia and Pacific Economic Update

Market voices on:

Pair your daily business read with the perfect cup of espresso.

Subscribe to The Business Times today to receive your very own Nespresso Inissia coffee machine worth $188.

Find out more at

Powered by GET.comGetCom