Here’s some good news for those who like numbers and money: The Philippine economy grew by 7.8 percent in the first quarter of 2013. That’s better than the 6 percent to 7 percent that economic planners expected.
“The Philippine economy was the best performer so far in Asia in the first quarter. Indonesia was up 6 percent, Thailand 5.7 percent, Vietnam 4.9 percent, China 7.7 percent,” National Economic and Development Authority chief Arsenio Balicasan said in a BusinessWorld report.
Last week, the research arm of Goldman Sachs forecast Philippine economic growth in the first quarter at 5.5 percent.
Imagine that. One minute we’re thinking about lunch, and then the next minute, we’re all suddenly conceptually better off.
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Photo: Francisco Pajares Jr.
