Credit ratings agency S&P Global Ratings has raised its 2017 Philippine growth forecast on account of a better-than-expected third quarter expansion.
The economy grew by 6.9 percent in the July-September period. Results for the second quarter were also revised upwards and year-to-date growth, at 6.7 percent, has kept the country on track to hit a 6.5-7.5 percent target.
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