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PHL One of the Fastest-Growing Economies

The Philippines remains one of the fastest-growing economies in Southeast Asia and will continue to enjoy the status in the coming years because of our improving macroeconomic fundamentals.

Sea Change

During a visit to the Philippines early this year, US Secretary of State Mike Pompeo gave the assurance that “any armed attack on any Philippine forces, aircraft, or public vessels in the South China Sea will trigger mutual defense obligations under Article 4 of our Mutual Defense Treaty.”

Lower Loan Rates Timely to Lift Growth

Lowering the interest rates in the Philippines will be timely given the weak growth rate in the first six months of 2019 and the lengthy tit-for-tat between the United States and China that is slowing down the global economy.

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PHL One of the Fastest-Growing Economies

The Philippines remains one of the fastest-growing economies in Southeast Asia and will continue to enjoy the status in the coming years because of our improving macroeconomic fundamentals.

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