Building an industry - BusinessWorld Online

Building an industry - BusinessWorld Online

We should pursue all the local auto manufacturing opportunities we can get THE PHILIPPINE economy is strong and resilient. If we look back, gross domestic product (GDP) grew by an average of 5.1% between 2005 and 2025, including the -9.5% aberration in 2020 when the COVID-19 pandemic hit. By any measure, that is a very enviable — and stable — growth trajectory. Indeed, we have grown our way through many crises and disruptions — domestic, regiona…