Philippine Growth Slumps to 3% on Scandal; Stocks Decline
The Philippine economy slowed to the weakest pace in nearly 15 years outside of the pandemic, with a public works corruption scandal continuing to weigh on both spending and consumer...
By Ditas B Lopez, Neil Jerome Morales · Bloomberg Markets
The Philippine economy slowed to the weakest pace in nearly 15 years outside of the pandemic, with a public works corruption scandal continuing to weigh on both spending and consumer and investor confidence.