Manila skyline. - Photo: JMS
MANILA: The Philippine economy could sustain an above 6-per cent growth in the next two years—among the fastest in Southeast Asia—as its young population continues to attract more job-generating foreign direct investments to the country, HSBC Philippines said.
In an interview with reporters on Tuesday (Nov 5), Corrie Purisima, head of markets and securities services at HSBC, said gross domestic product (GDP) might expand by an annualized 6.4 per cent in 2025, before accelerating to 6.7 per cent in 2026.
