Michaelangelo Oyson - updates

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PH economy entering a 'new normal' - analyst

Sep 09, 2015 - 7:00 PM

The new normal GDP rate is seen at 5 to 6 tempered by weak government spending and net exports

NEW NORMAL. BPI Trade's Michaelangelo Oyson says that the consumer-led Philippine economy "can only grow 6% [and up] if the government spends a lot of money" to counter the underspending at present