Market Report, "Philippines Freight Transport Report Q2 2014", Published
Despite the devastating result of Typhoon Yolanda on the Visayas (the impact of which was felt by the country's freight industry), the Philippines does have a lot going for it over the medium term. Political stability and prudent monetary and fiscal policies are all combining to inform BMI's optimistic outlook. Therefore, we have upgraded our 2014 real GDP growth forecast to 6.3% (from 6.0% previously), and also see scope for the economy's long-term trend growth rate to increase as long...
View full press release