Q4 growth likely at 5.3% – ING Bank

THE Philippines' gross domestic product would expand by more than 5 percent this quarter, putting full-year growth slightly ahead of the government's objective, according to an ING Bank Manila economist.

ING Bank Manila senior economist Nicholas Antonio Mapa said in a virtual briefing on Friday that he expects the country's gross domestic product (GDP) to rise by 5.3 percent in the fourth quarter.