'Q2 GDP growth makes PH stand out in SE Asia'
  • 5 years ago
The Philippines' better-than-expected 7.5% GDP growth in the second quarter makes it the fastest growing economy in Southeast Asia. "This helps us distinguish ourselves from the rest of the ASEAN region, which are now in a slowdown. Thailand is in a technical recession, Indonesia is growing slower than 6% for the first time in 4 years. This is a way for us to distinguish, distance ourselves from the rest of the region, hopefully investors around the world take notice," BPI economist Nicholas Mapa said. Mapa talks to ANC's Warren de Guzman about the Philippines' second quarter GDP growth. ANC News Now, August 29, 2013