EastWest VP says PH growth among fastest in the region

Despite fears of a global slowdown in the US and other countries as well as lower government spending, the Philippines remains a faster-growing market compared to the rest of Southeast Asia, affirms EastWest Senior Vice President and Trust Officer Rob Ramos.

The Philippine economy’s growth is remarkable considering that our own spending on domestic infrastructure and development projects are slowing down and the Asian Development Bank cut the country’s GDP growth forecast to 6.2 percent.