PH seen outperforming SEAsia despite slack

BMI Research sees avg PH GDP growth at 5.9% in next 5 yrs

The Philippine economy may not hit the government’s speedy growth target for this year, but even with a slower-than-forecast 5.9 percent average in the next five years the country could still outperform most of its Southeast Asian peers on the back of ongoing reforms, the think tank of ratings agency Fitch said.