Industries seen vibrant amid infra building in 2017

After reporting a 6.8 percent rate of economic growth in 2016, the fastest pace in three years, the government said it expects Philippine industries will remain vibrant in the year ahead with the construction sector being in the limelight as the Duterte administration pursues its commitment to build critical infrastructure projects.

The services sector will also remain strong, supported by moderate inflation, expected influx in inbound tourists, expansion in retail trade, a healthy financial system, sustained growth of remittance, and the continuing growth of the information technology-business process management (IT-BPM) sector, it said.