Philippines less vulnerable to global trade shocks, says economic minister

Quick Summary:

MANILA : The Philippines’ relatively low exposure to trade compared to its Asian neighbours offers a buffer against global economic shocks, Economic Planning Secretary Arsenio Balisacan said on Monday".

The economy is not as vulnerable to shocks in the global marketplace as our neighbours...

He believes hitting the lower end of this year's 6.0 per cent to 8.0 per cent growth target remains realistic.

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Article Details

Category: EconomyBusiness

Markets: SingaporeJapanSouth KoreaPhilippinesUnited States

Topics: Trade Planning Arsenio Secretary Manila Philippines President Philippine Global Economic Balisacan

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-04-14 @ 15:56:59 (1 days ago)

News Timezone: GMT +8:00

News Source URL: channelnewsasia.com

Language: English

Article Length: 317 words

Reading Time: 2 minutes read

Sentences: 21 lines

Sentence Length: 16 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Channel News Asia

News ID: 27859968

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About Channel News Asia

Main Topics: EconomyBusiness

Official Website: channelnewsasia.com

Update Frequency: 46 posts per day

Year Established: 1999

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News Last Updated: 36 minutes ago

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Publisher ID: #27

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