Aquino Says Philippines Must Prove It’s No More Sick Man of Asia

Aquino Says Philippines Must Prove It’s No More Sick Man of Asia

Julian Abram Wainwright/Bloomberg

Morning commuters walk past a billboard along a street in the financial district of Manila. The Philippine economy, which was more than twice the size of Malaysia’s and 10 times bigger than Singapore’s in 1960, was termed “the sick man of Asia” as it lagged behind its peers in following decades.