Tuesday 12 December 2017
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5 days ago

Top Japanese think tank sees solid growth for PH in 2018

Japanese financial giant Nomura has raised its 2018 growth forecast for the Philippines while projecting four interest rate hikes next year on expectations that the inflation rate could exceed the government s target range. In a Dec. 7 report titled Asia in 2018: Stretching the sweet spot, Nomura said that it was most upbeat on economic prospects for the Philippines, India and Indonesia next year. In the case of the Philippines, Nomura said we still view the growth outlook as solid, and raise our 201

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