Philippines Trounces Global Stocks by 124% in Aquino-Led Rally

Philippines Trounces Global Stocks by 124% in Aquino-Led Rally

Julian Abram Wainwright/Bloomberg

A vendor waits for customers as a laborer walks past at a market in Manila. Philippine gross domestic product will probably increase 6 percent to 7 percent this year and accelerate in 2014, Economic Planning Secretary Arsenio Balisacan said at a forum in Manila on Feb. 13.