I always thought of the Philippines as a sleeping T-rex, time to wake it up from it\'s deep slumber.
Philippines Beats All Estimates in GDP Growth, Fastest Pace in 17 Years
June 1, 2007The estimate growth of Philippine GDP is 5.5%-5.9% but the data/news shows otherwise, it's 6.9%!
Philippine Growth Accelerates, Beating All Estimates (Update4)
By Francisco Alcuaz Jr.
May 31 (Bloomberg) — Philippine economic growth quickened in the first quarter, exceeding all expectations, as money sent home by nationals working abroad buoyed consumer spending and exports to China soared.
The $117 billion Southeast Asian economy expanded 6.9 percent from a year ago, following a revised 5.5 percent gain in the previous three months, the National Statistical Coordination Board said in Manila today. Economists expected 5.7 percent.
