‘Low-leveraged PH could grow faster’

The Philippine is among three countries in emerging Asia that enjoy lower leverage and have the potential for faster economic growth in the coming years, banking giant HSBC said.

“Looking for growth in the next few years? Or, more specifically, looking for the potential of a little positive growth delta at some point? There’s a simple way to look at this. These days, emerging Asia falls into two camps,” Frederic Neumann, co-head of Asia Economics Research said in a report.