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By Fabiana Negrin Ochoa Asia's factory activity weakened slightly in April, with output growth cooling and employment dropping in a sign of fragile confidence among manufacturers. Data... -May 02, 2024 at 12:25 am EDT - MarketScreener
Asia’s factory activity weakened slightly in April, with output growth cooling and employment dropping in a sign of fragile confidence among manufacturers.
Economists are now looking at a stronger economic growth for the Philippines after a faster-than-anticipated gross domestic product growth in the first quarter.
Central bank may let local currency appreciate
The Philippines is on its way to becoming the fastest growing economy in Southeast Asia next year as it continues to gradually recover from the pandemic-induced recession, Malaysian financial giant Maybank said.