TIMES 4TH BUSINESS FORUM Philippines to benefit from Asean expansion

THE Philippine economy stands to benefit largely from the upcoming integration of the Association of Southeast Asian Nations (Asean) which is seen to expand in terms of population, organization and middle class segment by 2020, the head of Citibank Philippines said on Wednesday.

"Despite the current microeconomic environment, Asean is still expected to show positive growth,” Aftab Ahmed, CEO and Citi country officer of Citibank Philippines,” said. In 2015-2016, it is projected to grow by about 4.3 percent," said