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| Topic: |
Business
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| Number of pages / Number of words: |
2 / 464 |
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It is the fastest-growing economy in Southeast Asia, posting a GDP growth rate of 7.5% in the second quarter of 2007, and has been compared to the economy of India in its sudden and rapid growth.
Important sectors of the Philippine economy include agriculture and industry, particularly food processing, textiles and garments, and electronics and automobile parts...
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Most industries are concentrated in the urban areas around metropolitan Manila, while metropolitan Cebu is also becoming an attraction for foreign and local investors in recent dates. Mining also has great potential in the Philippines, which possesses significant reserves of chromate, nickel, and copper...
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