MAYBANK Investment Banking Group expects the Philippine economy to rebound by 7 percent this year, but warns that the Covid-19 pandemic and other external factors remain as wild cards.

"We are looking at Philippines growth to firm up to 7 percent this year from our estimate of 5.5 percent last year," said Suhaimi Bin Ilias, the investment bank's chief economist, during a webinar on Wednesday.

Premium + Digital Edition

Ad-free access


P 80 per month
(billed annually at P 960)
  • Unlimited ad-free access to website articles
  • Limited offer: Subscribe today and get digital edition access for free (accessible with up to 3 devices)

TRY FREE FOR 14 DAYS
See details
See details