Fast Facts: Asean economy
604.8 million Estimated Asean population as of 2011
604.8 million Estimated Asean population as of 2011
Philippine exports grew at a slower pace in October compared to the remarkably steep rise in September amid warnings of weak export demand from major international economies and China.
The Philippines and its neighbors in Southeast Asia are likely to post slower-than-expected economic growth over the next six to 12 months due to a weak global economy. Moody’s Corp. unit Moody’s Analytics made the projection based on its expectation that the anemic performance of the US and eurozone economies will continue to weigh on [...]