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PHILIPPINE ECONOMY GROWS 5.5 PCT IN FIRST QUARTER.
Publication: AsiaPulse News Publication Date: 31-MAY-06 |
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COPYRIGHT 2006 Asia Pulse Pty Ltd
MANILA, May 31 Asia Pulse - The Philippine economy, as measured by Gross Domestic Product (GDP), rose 5.5 per cent in the first quarter of 2006, thanks to the recovery by agriculture and surging growth in the services sector.
This was much higher compared to the 4.2 per cent GDP posted in the first quarter of 2005 and the 5 to 5.5 per cent growth forecast of the National Economic and Development Authority (NEDA) for...
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