RB GLOBAL HOLDINGS PTE LTD
10 Anson Road, #29-11 International Plaza, Singapore 079903
Tel : (65) 6220 1904 | Mobile: (65) 8611 3300

ABOUT THE PHILIPPINES

True to the HSBC research that the Philippines would be the world's 16th larget economy by 2050, the country had a 7.9% GDP growth for the first quarter of 2013, surpassing China and is expected to maintain growth between 6.7-7% throughout 2013 to 2014 by Moody's Analytics.

 

Prior to that, the Philippines was declared by Standard and Poor's as a stable investment destination and is now dubbed as Asia's Rising Star and the country with the greatest potential for growth in the region in the next seven years. Last October, Moody's upgraded the Philippines' investment grade to Ba1. The factors that prompted the upgrade were namely the sustainability of the country's 1) robust economic performance; 2) ongoing fiscal and debt consolidation; and 3) political stability and improved governance.

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