PH in for Slower Growth in 2014, says Moody’s

The Philippines and the rest of Asia Pacific may see economic growth decelerate this year amid increasingly challenging conditions within and outside the region. Moody’s Analytics, the research arm of credit rating agency Moody’s Investor Service, in a new report said the Asia Pacific region’s performance may suffer in 2014 due to weak demand from the United States, and China’s intentional growth slowdown.

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Source: Philippine Daily Inquirer

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