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                    [Title] => DBS Bank sees RP recovery
                    [Summary] => Visiting officials from The Development Bank of Singapore Ltd. expressed their positive outlook on the Philippine economy for this year in a briefing held in Manila. 


After a 3.4 percent growth in gross domestic product in 2001, DBS forecasts a 3.8 percent growth this year.


Dr. Fong Cheng Hong, DBS’ chief economist, said that the Philippines is hedging on US growth with declining interest rates. She expressed the belief that the worst is behind for the US and that its economy is expected to record a benign growth in 2002.


                    [DatePublished] => 2002-04-20 00:00:00
                    [ColumnID] => 133272
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DR. FONG CHENG HONG

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                    [Title] => DBS Bank sees RP recovery
                    [Summary] => Visiting officials from The Development Bank of Singapore Ltd. expressed their positive outlook on the Philippine economy for this year in a briefing held in Manila. 


After a 3.4 percent growth in gross domestic product in 2001, DBS forecasts a 3.8 percent growth this year.


Dr. Fong Cheng Hong, DBS’ chief economist, said that the Philippines is hedging on US growth with declining interest rates. She expressed the belief that the worst is behind for the US and that its economy is expected to record a benign growth in 2002.


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abtest

DBS Bank sees RP recovery

April 20, 2002 - 12:00am

Visiting officials from The Development Bank of Singapore Ltd. expressed their positive outlook on the Philippine economy for this year in a briefing held in Manila. After a 3.4 percent growth in gross domestic...

Business