Economics
Aquino Says Philippines Must Show It’s No More Asia Sick Man
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The Philippines, Asia’s fastest-growing economy after China, needs to do more to finally lose its decades-old tag as the “Sick Man of Asia,” according to the country’s president.
“We’ll have to be able to prove that this is not cyclical, or a temporary aberration,” President Benigno Aquino said in an interview yesterday of the country’s economic revival. “We’ll have to be able to do it year in, year out.”