Invest in the Philippines
Most economies in Asia went one of two ways. Some – including China, India and Indonesia – managed something close to a normal growth rate. This was down to both government-directed and strong domestic consumption.
Should you invest in the Philippines?
The export-dependent countries saw their economies went down sharply, as global trade went into freefall. This target large economies such as Japan as badly as smaller ones such as Singapore. However, in most cases, these countries rebounded quickly in the second half of the year.
Invest in the Philippines was different. It fell somewhere in the middle - it wasn't immune, but it wasn't as hard hit as many. Its GDP shrunk in the first quarter only, and it is likely to show a 1%-2% gain for the whole year.
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