The Philippines becomes Southeast Asia’s fastest-growing economy | World Business Watch

Last year, the Philippines became Southeast Asia’s fastest-growing economy, overtaking Vietnam and Malaysia. Three big factors helped the economy top the growth chart: consumption, services and investment. Gross domestic product expanded 5.6%, surpassing the Bloomberg estimate of 5.5%.

#philippines #economy #southeastasia

About Channel:

WION The World is One News examines global issues with in-depth analysis. We provide much more than the news of the day. Our aim is to empower people to explore their world. With our Global headquarters in New Delhi, we bring you news on the hour, by the hour. We deliver information that is not biased. We are journalists who are neutral to the core and non-partisan when it comes to world politics. People are tired of biased reportage and we stand for a globalized united world. So for us, the World is truly One.

Please keep discussions on this channel clean and respectful and refrain from using racist or sexist slurs and personal insults.

Connect with us on our social media handles:

Follow us on Google News for the latest updates

[Dump]

As a Vietnamese, I wish nothing but luck and a bright future for my fellow Asean siblings. Goodluck Philippines! 😁 🇻🇳🇵🇭

[wavemaker]

Congrats Philippines for being the fastest growing economy in Southeast Asia. - from New York, Cubao

[lyroncarreon]

We, the Filipinos does not compete with our Southeast Asian brothers and sisters. We pray that all of us will be successful and make sure that the citizens of each country will feel the progressive economy!

[firechariot_rider]

We wish India will become economic giant too like China- minus the bullying. Love from Philippines.

[CloudFiercer]

Philippine economy must remain strong to counter China bully😊

[keangwooichoo]

I am malaysian. Congrats to the philippines.

[angelosupsup]

India and Philippines expecting highest GDP growth for 23-24 in Asia because of resilient economy, India and Philippines should do more business cos Philippines Vietnam and Indonesia are boosting investments and cooperation.
For the first time ASEAN countries are almost united to prosperity.

[IND-VG]

Good job Philippines 🇵🇭 keep it up. 🇮🇳

[marilouabroguena]

Keep it up my country Philippines god bless Mabuhay❤❤

[NirajKumar-wbhg]

As an india i support our brother country phillipines

[happylifegodislife]

Support india love from Philippines ❤❤❤


May almighty Father be with us always

[Ifeeldiscrimated]

I'm so glad The Philippines is now developing fast like Vietnam:)

I'm glad it is:) Looks like it's going to become a developed country sooner than I though:)


I wish you luck:)

[flimosnl]

that's why Philippines is now buying Brahmos missiles from INdia. bravo!

[beksinthecity]

All my Indian bosses in BPO here in the Philippines are very good leaders and very kind. Thank you for doing business with us. ❤❤❤

[bikerssafetygadgets]

We have a lot of Indian neighbor here in PH. Indians are great people, peace loving very desciplined and many other good things

[pinotanchinoy]

With what I Am seeing now in the two biggest metropolises in the Philippines of Manila and Cebu. The rapid development and beautification of these two mega region I must say yes we are in it and we are doing the right thing.

[CAPEBALDY]

Congrats Philippines for being the fastest growing economy in south east Asia. Greetings from Washington, buendia

[getmyuted]

this is something our local news won't show to us

[JFelisimo]

The other Filipinos cannot feel it. But for me, I feel it. Yes, the price of the rice has been increased but over all the inflation last year is very slow as compared to previous years.

[gravedanger]

keep it up Philippines... from Flourida Pampanga