Marcos sees Philippine economy growing fastest in Asia at 7%


Marcos Jr during a Bloomberg Television interview on the opening day of the World Economic Forum (WEF) in Davos, Switzerland, on Jan 17, 2023. - Bloomberg

MANILA (Bloomberg): Philippine economic growth will likely hold steady at around 7% this year, President Ferdinand Marcos Jr said, crediting strong fundamentals that would help the nation post the fastest expansion in Asia amid a dimmer global outlook.

"There is so much space, room to grow, in the sense that we are starting very many new things now,” Marcos said in an interview with Bloomberg Television’s Haslinda Amin on the sidelines of the World Economic Forum in Davos, Switzerland.

Get 20% OFF The Star Digital Access

Monthly Plan

RM 13.90/month

RM 11.12/month

Billed as RM 11.12 for the 1st month, RM 13.90 thereafter.

Best Value

Annual Plan

RM 12.33/month

RM 9.87/month

Billed as RM 118.40 for the 1st year, RM 148 thereafter.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!
Philippines , Davos , economy

Next In Aseanplus News

Nearly 1,000 firearms, drugs, porn VCDs found at Jakarta private school
PM Anwar orders full probe into incident that killed three cops in Beaufort
No evidence of offence committed in Singapore or by local agents in Indonesian baby trafficking case
Thousands evacuated in north-west China after heavy rains, flooding
Osaka woman arrested for repeatedly placing, cancelling large orders for anime goods
Fire burns 60 hectares in Indonesia’s Mount Bromo National Park
Passenger tries to open emergency exit on Kuala Lumpur-Kochi flight, damages window panel
Nurul Izzah: I want to pursue further studies
Asean News Headlines at 10pm on Thursday (August 6, 2026)
South Korean army tank catches fire during live-fire drills

Others Also Read