Thursday, August 1, 2013

'Phl could grow beyond 8% in 2015'


MANILA, Philippines - The Philippines could begin growing by more than 8 percent in 2015 and sustain that even onto the next administration given the correct policies and strong fundamentals driving investor confidence now, an investment bank said. 
“There is no reason why the Philippines could not start growing faster than China,” Marios Maratheftis, global head of macro research at Standard Chartered Bank said in a briefing on Thursday.
“The country is moving into the right direction. There is no reason why the Philippines will not grow by 8 percent plus by 2015,” he added. 
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