Tag: above
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Philippines Q2 GDP rises 6.3% year on year, just above forecasts
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MANILA – The Philippine economy grew 6.3% in the second quarter from a year earlier, driven by government spending and investment, the statistics agency said on Thursday, stronger than upwardly revised 5.8% growth in the first quarter. That took first-half GDP growth to 6.0%, putting the economy on track to…
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HSBC sees above 6% growth for PHL in Q2
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THE PHILIPPINE ECONOMY is expected to grow above 6% in the second quarter amid base effects and improved government spending, HSBC Global Research said on Wednesday. “For the second quarter, [the economy is] going to grow above 6%, mainly because of base effects, because as you remember, in second quarter…