Philippine is upbeat with fantastic 6.4% QI performance. Add to this is the news that according to report
of BMI a Fitch Solutions company that Philippines is emerging as manufacturing hub together with Vietnam and Bangladesh. This is due to improvement of supply chain (before the pier congestion brought about by BOC challenges) created bottlenecks and upgrading of manufacturing skills and capabilities
We have seen the exit of manufacturers from China and where do they migrate to?
Some quarters even place Philippines as No. 29 in GDP performance
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