Read this in The Manila Times digital edition.
THREE global banking giants have raised their economic growth forecasts for the Philippines this year to account for the better-than-expected 8.3-percent increase in domestic output in the first three months of 2022.
In a research released on Tuesday, DBS Bank Ltd. economist Han Teng Chua said, "We are raising our 2022 real GDP (gross domestic product) forecast to 7.5 percent (from 6.5 percent) given the upside surprise."
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