Tag: Secretary Balisacan

Philippine economy posts 6.4% growth; PHL becomes 2nd fastest growing economy in Asia

MANILA, Philippines — The Philippine economy grew by 6.4 percent in the second quarter, making the country the second fastest growing economy in the Asian region after China, according to the National Economic Development Authority (Neda)  Thursday (Aug. 28) The second quarter growth was higher than the 5.3 percent growth posted during first quarter of 2014. “I am pleased to report to you that economic growth accelerated to 6.4 percent in the second quarter of 2014.  […]