Philippines on its Way to Become Asia Heavyweight
The Philippine economy is projected to expand significantly over the next decade and a half to become one of Southeast Asia’s heavyweights, fueled by a growing middle class and a resurgent manufacturing sector.
IHS Global, a think tank, said that the government’s business-friendly policies would lead to higher levels of investment, helping create more jobs and raise incomes in the country.
Source: Philippine Daily Inquirer