Tag Archives: fastest-growing Asian economies

Philippines as fastest-growing Asian economies from April to June 2012

The economy of the Philippines has been evaluated for the second quarter (Q2), from April to June 2012 and the good news is, The Philippines has preserved its position as one of the fastest growing economies in the entire region wherein China ranked first (7.4%), second is Indonesia (6.37), and third is Philippines (5.9%)

The Socioeconomic Planning Secretary Arsenio Balisacan, compared last Q2 of 2011 to Q2 of 2012, a big difference occurred as Philippines only have 3.6% last year which only proves that its economic standing is having a recovery because of improved economic activities. What are these activities that helped Philippines to rise from its breakdown? Continue reading